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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 26370409 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.)
Oblodo
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April 28, 2016, 12:53:51 AM

Not volatile anymore.  Stable. Yea right.
This is starting to become farcical. Let me guess, back to 420, then up to 460, back to 380. Then the halving. Then crash?
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1714582551
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Blacula X
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April 28, 2016, 12:56:05 AM

I'm not worried. The poll conclusively shows we're gonna be over $480 in a few days, and it hasn't been wrong yet.
I can afford to wait Smiley
Mrpumperitis
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April 28, 2016, 12:56:19 AM


lol saw this coming...

lol, of course you did

..i sold a gd amount of BTC at $450 today, will sell more if we goto $475 as i fully expect a huuge dump near halving



i sold more at 470  Wink
Dotto
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April 28, 2016, 12:57:48 AM

Yeah! My buy limit orders went through , time to wire more fiat for another round of buys. These shakeouts don't scare veterans who have been riding the rollercoaster for some time, just another buying opportunity.
My guess is we'll see a second round of dumping, and since I am not going to act on this suspicion, it is bound to become reality.

Good call Spaceman. Im dare to say that we are going to recover 450-460 in no time

I NAILED IT!! (on the wrong side  Grin)
ImI
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April 28, 2016, 01:03:58 AM


lol saw this coming...

lol, of course you did

..i sold a gd amount of BTC at $450 today, will sell more if we goto $475 as i fully expect a huuge dump near halving



i sold more at 470  Wink



 Wink
mu77aL
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April 28, 2016, 01:07:21 AM

relax guys  Smiley everything fixing up to its best  Cool asap  Grin
Mrpumperitis
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April 28, 2016, 01:10:25 AM

lols
Dotto
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April 28, 2016, 01:14:23 AM

THE DUMPER WHO SOLD AT 435 NOW:

HI-TEC99
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April 28, 2016, 01:15:29 AM


this makes you wonder how mistakes like this happen...

what client were they using?

dosnt core warn you if you try and send a fee that is 100,000times higher then the amount you are sending?

you'd think most wallets have implemented some common sense checks before sending.

It usually happens because someone who doesn't understand how change transactions work in bitcoin tries to spend a portion of the funds in a paper or brain wallet.  If you send funds from a paper or brain wallet, you need to make sure to send ALL of it at once to your wallet, then spend a portion from that.

When you spend bitcoins, the amount you spend comes out of chunks you have received (inputs), and usually, there will be at least two outputs - one is the spend, and the other is the change, which is sent back to an address you own.  If you create a transaction that spends from one or more inputs without spending ALL of the funds contained in those inputs, and you don't provide an output to a change address you own, any funds in the inputs that exceeds the spend will become transaction fees paid to the miner that mines the block containing the transaction.

All software and hardware wallets, as far as I know, handle that stuff for you, and yes, Core, at least, will warn you if you try to send with an excessive manual fee.

An article on coindesk says it's suspected the transaction was from a mixing service, so either the service itself might have made the mistake, or one of its users might have made it. Ironically the pool that mined it says it will give the fee back if the transaction sender can identify himself. That's not likely if the transaction was from a mixing service.

If a mixing service lets users make fee size mistakes like that its crap. They should have a check in place to ensure it's not ridiculously big.

http://www.coindesk.com/accidental-136000-bitcoin-mining-pool/
DaRude
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April 28, 2016, 01:20:15 AM

I'm calling a bottom (famous last words Smiley )
HI-TEC99
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April 28, 2016, 01:20:32 AM

I'm not worried. The poll conclusively shows we're gonna be over $480 in a few days, and it hasn't been wrong yet.
I can afford to wait Smiley

The option with the least amount of votes is usually the one that's correct. If it plays out like that again we can expect the $440 option with only 2 votes and 1.4% of the total votes to be the price on May day.
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April 28, 2016, 01:27:11 AM

Remember that really good movie Titanic and how that nice cellist didn't let go of his cello even though he knew that he was going to die like Leonardo Dicaprio, who also died?
That was really sad, but really moving and beautiful too.
It's OK to cry.

we hit $0 i'll cry.  we hit $200, i'll be mehhhhh so so  Cheesy


If we go below $400, I may start to get worried...   I am not sure whether I am going to cry at that point because at the moment, I have enough fiat budgeted to go down to $380, but that kind of extensive downward price movement would be a bit deflating for me, especially since there have been several unsuccessful attempts in the past couple of months to go below $400, and it was beginning to feel as if we had gotten passed that $400 price point.. at least absent some kind of catastrophe. 

In any event, it seems that if we were to be heading in the sub $400 price territory, then we would likely not go straight down, and I would be able to buy and sell a bit in order to prepare my holdings a little bit before we were to arrive below $400 and in order to prepare further for possible worse scenarios and delays in the choo choo MF..    Cry Cry
BayAreaCoins
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April 28, 2016, 01:41:15 AM

Jesus fuck I got rekt today.

Back long n strong though.

*shakes fucking head*

Going to just stack my leverage full tilt till $450. Fuck it.
UngratefulTony
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April 28, 2016, 01:49:03 AM

... but that kind of extensive downward price movement would be a bit deflating for me...

Dear Santa...
marcus_of_augustus
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April 28, 2016, 01:52:50 AM

time to #rekt some idiot chinese miners who think it is cool to short their own product ...
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April 28, 2016, 02:16:47 AM

... but that kind of extensive downward price movement would be a bit deflating for me...

Dear Santa...


Yes.... real people have feelings.... even though I believe that it is a good practice to attempt to remove some of those feelings from trading... yet in the end, any of us can get worked up with our own expectations.... and that is where the "dear santa" comes in, or to whomever is our spiritual guide.   Tongue Tongue
Blacula X
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April 28, 2016, 02:39:56 AM

time to #rekt some idiot chinese miners who think it is cool to short their own product ...

Bitcoin (BTC)  $443.36 (-4.73% Shocked)

Ouchies Cry

@JayJuanGee
That was really sad, but really moving and beautiful too.
It's OK to cry.
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April 28, 2016, 03:03:38 AM

The way I see it is whenever bitcoin's not coiling (like a cobra getting ready to strike), it's uncoiling.

...like a nice limp cobra that already striked ...wait... stroke? Like a cobra that just stroked out! ...wtf, is it struck? A cobra that suffered a paralyzing stroke that also probably caused some serious brain damage.

TL;DR: Things are really looking up  Smiley
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April 28, 2016, 05:28:08 AM

Well, it was a surprise that dumping began this fast.
I thought that it will take at least a day or two, before the BTC->STEAM->$ engine will show it's effect. Things will probably get interesting because I doubt that the engine is running at it's peak.
Most here are blinded by big words and can't understand how thin the buy side really is. The price isn't holding because of the strong bid side, but because of the desperate miners who want to see some ROI.
Searing
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April 28, 2016, 05:47:09 AM

I'm calling a bottom (famous last words Smiley )


So was it just whales at play on a mini-pump? (ie the whales tipped their hand and moved too soon and too fast on their tango of the rest of us in the dust) Sad

Must be nice to play with BTC price like it is your personal 'angry birds' game Sad

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