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

[Draino]

3. Insider trading already happened. This caused the price spike in the first place.

and quite possibly the sunday dumps the two weekends before last

gotta get those multi-million dollar cashouts done before the exchange goes completely to shit and all

[Its About Sharing]

Interesting - There is around a $5 difference between Gox and Bitstamp. (Gox being higher).
It really does look like there is buying on Gox because of the wire problem.

Looking at the the below pic and the timing of Gox's announcement, makes one wonder:

[ChartBuddy]

[Richy_T]

I will not wire money to gox because i usually buy my bitcoins at bitcoin.de, they are more cheap

The kind of person that would wire to Gox in these conditions are long term investors that just want to buy at get their bitcoins, stocks markets are about to collapse, so seems reasonable to think that someone are gonna invest long term.

Buying pressure for a few days i say, we can touch $120, but hey, maybe i'm wrong as always  

I know we are in bear mode for now, but that news could alleviate the selling pressure, a little, i hope

But bear in mind that in these circumstances, buy pressure at Gox translates to sell pressure at other exchanges. Basically, there's not much of a good deal to be had here unless you are willing to convert your BTC to $ at Gox and trust that you'll be able to get your $$$ out at some point (or buy cheap BTC at the other exhanges).

In any case, I would suggest that Gox's now traditional aversion to communication would make me very hesitant to have anything to do with them.

[Rampion]

For excatly that reason, price couldn't go otherside that up, i think, no one is gonna sell now

Flawless logic right there.

Of course that doesn't stop me from selling regardless, getting a better price and hence more fiat to suck out.

Yeah, i know it's flawless logic, excuse me  

But a little buy pressure for at least a few days is expected, at least i expect it. Some people need cash, so they are gonna buy and sell at other exchanges.

After the two weeks i expect the price to go down again thought.

Ony speculating, but more times i'm wrong that right  

Lemme ask you something: Will you actually wire money to gox under these conditions?
If not: What kind of person do you think would?
If you don't have an answer: What do you think consists of buying "pressure"?

Seriously: I'd have no problem in sending money at Gox RIGHT NOW. I'm european, I made recently 3 consecutive 5 figures withdrawals that arrived in 2/3 days, and the best opportunities present themselves when others are panicking. I have to say that Gox never Goxxed me and always sent me my money in record time. Withdrawals that I execute take MINUTES to go from confirmed to processed, and then as I said 2/3 to receive my money. And the last withdrawal was requested 10 days ago, so no fear on my side.

If I was US based the story might be different, but being EU based I really don't give a sh*t about the recent Dwolla or International Wire Transfer problem.

[Its About Sharing]

It should begin going down as we are near a full moon.
http://i41.tinypic.com/a9o5td.png

Where is this graph from?

Actually, including moon cycles is a standard feature in nearly every bitcoin charting service... from bitcoinity to clarkmoody. Who needs complex indicators when you've got the tide on your side?

If the moon affects behavior enough to show marketable increases in crime, then why not buying behaviors? (Ever wonder where the word "Lunatic" came from?)
I know my dream intensity increases during full moons and I've seen too many children have trouble sleeping during them, so something does look like it is being affected.

We are not just walking around on a planet, we are a part of it and the Universe we live in. Our habits are influenced by everything,... grasshopper.  
(And then there is the Quantum Physics perspective if you prefer.)

More crime during full moon is a myth.
And there can be several reasons why you think you dream more intensly during full moon.

Sorry, but I studied crime in school at the bachelors and masters level. I've seen the numerous studies. The only counter argument that has any validity is that it is lighter outside during full moons, but criminals tend to like darker places...

You can comment upon anothers experiences but that is all you can do. It is quite individual. I'll go with the "primitive" peoples of the world who understand the dream world better. Speaking of, I have studied dreams for years and the correlation between full moons and dreaming is quite obvious. Now, if you practice recording dreams for 10+ years like me and you have first hand experience, then I'm all ears. But I have a feeling that most that comment, well, are just commenting.

Right, and now you are gonna back up your claims with proof right?

How about this, since this is the wall thread and I don't want to offend others outside their beliefs, you go back to yours and I'll just go back to mine...
Now most are happy.

What? No proof? Wow, now that's a surprise. Who would've guessed you'd make up an excuse as soon as the proof part comes. I certainly didn't. Because none of your kind of believers has ever done such a thing before.

Excuse the late reply, but work called.

When I was in College, a few of my teachers mentioned the correlation and said there was something to it. Now, when I look online, you are correct, at least with what I could find with crime and the moon.

The bigger thing that I am speaking of though, remains true, we are a part of the earth and not separate from it. If you think things in our environment (and even things outside it like the moon) do not effect us, it makes no sense in a quantum physics sort of a way. Too many women (in particular) feel the full moon coming on and there is the menstration correlation as well. Of course there are many other examples we see in our lives that show we are not separate from Nature, we are born from it. Just like an apple tree "apples", the earth "peoples". Allan Watts said that and we don't lose the connection...

[Its About Sharing]

I prefer not to even say I am a "believer", there is something called first hand experience, knowing and then of course just good old observation.

Isn't that just anecdotal evidence, which is notoriously unscientific?

Scientific? Like the premise that we originated from a big bang?

Hey, the scientific method is great. But it also sets the rules on what is possible and what is impossible. In a sense, science sets rules and with those rules it
excludes things that don't fit its model. The thing is, science, as great as it is, is still growing. So, until science discovers more, it is dependent on the
variables it sets up to say what is possible and impossible. In a real world example, I would look into certain types of experiences that humans have
that are termed supernatural (or excluded in other ways.) Well, there needs to be instruments to measure some of these subtle energies employed in
the investigation. I do believe that is starting, but we are a long ways off as there is something at stake regarding the current "system".

The miraculous, which many of us have experienced, is generally not reproducible. Guess that means miracles don't happen (according to science).

There are many many flaws in science in these ways. It is valuable but at the same time it is being handcuffed.

[Its About Sharing]

Seems like the 110 level is a bit rough to break and hold on through.

I really dislike the timing of that Mt Gox statement, again, looking at the order book on Bitstamp makes me wonder.

How ugly is this screenshot I just took?

[ShroomsKit]

I prefer not to even say I am a "believer", there is something called first hand experience, knowing and then of course just good old observation.

Isn't that just anecdotal evidence, which is notoriously unscientific?

Scientific? Like the premise that we originated from a big bang?

Hey, the scientific method is great. But it also sets the rules on what is possible and what is impossible. In a sense, science sets rules and with those rules it
excludes things that don't fit its model. The thing is, science, as great as it is, is still growing. So, until science discovers more, it is dependent on the
variables it sets up to say what is possible and impossible. In a real world example, I would look into certain types of experiences that humans have
that are termed supernatural (or excluded in other ways.) Well, there needs to be instruments to measure some of these subtle energies employed in
the investigation. I do believe that is starting, but we are a long ways off as there is something at stake regarding the current "system".

The miraculous, which many of us have experienced, is generally not reproducible. Guess that means miracles don't happen (according to science).

There are many many flaws in science in these ways. It is valuable but at the same time it is being handcuffed.

There are WAY less flaws in science than there are in your way of thinking. I can guarantee you that.
No need to discuss it because a believer will not or refuses to understand why.

Once again, i don't care what fantasy stories you believe in but as soon as you start talking about them as if they are facts be sure to have some proof ready.
And ofcourse this is exactly where you and the millions of believer clones like you fail. All of them. All the time. Every single time!
And i'm done with the subject.
Wrong forum.
I'll respond when you have proof for your claims though. Which we know will never happen because it's all random nonsense based on wishful thinking.

[Its About Sharing]

I prefer not to even say I am a "believer", there is something called first hand experience, knowing and then of course just good old observation.

Isn't that just anecdotal evidence, which is notoriously unscientific?

Scientific? Like the premise that we originated from a big bang?

Hey, the scientific method is great. But it also sets the rules on what is possible and what is impossible. In a sense, science sets rules and with those rules it
excludes things that don't fit its model. The thing is, science, as great as it is, is still growing. So, until science discovers more, it is dependent on the
variables it sets up to say what is possible and impossible. In a real world example, I would look into certain types of experiences that humans have
that are termed supernatural (or excluded in other ways.) Well, there needs to be instruments to measure some of these subtle energies employed in
the investigation. I do believe that is starting, but we are a long ways off as there is something at stake regarding the current "system".

The miraculous, which many of us have experienced, is generally not reproducible. Guess that means miracles don't happen (according to science).

There are many many flaws in science in these ways. It is valuable but at the same time it is being handcuffed.

There are WAY less flaws in science than there are in your way of thinking. I can guarantee you that.
No need to discuss it because a believer will not or refuses to understand why.

Once again, i don't care what fantasy stories you believe in but as soon as you start talking about them as if they are facts be sure to have some proof ready.
And ofcourse this is exactly where you and the millions of believer clones like you fail. All of them. All the time. Every single time!
And i'm done with the subject.
Wrong forum.
I'll respond when you have proof for your claims though. Which we know will never happen because it's all random nonsense based on wishful thinking.

The one big flaw in science though, no heart. Can't flaw me for that, can you? I love people, love the planet and hope we can save it/us.

The funny thing about you is your handle. I mean you know that sounds like a magic mushroom kit. But judging from your dissconnection to life, I imagine you didn'T take enough.  Try a heroic dosage, ala Terrence Mckenna next time

Millions of clones, sounds like you are talking about the majority and not people who come from their heart.
Wrong forum, agreed,
Peace out,
And don't forget to share (and smile while out and about).

[bangersdad]

I prefer not to even say I am a "believer", there is something called first hand experience, knowing and then of course just good old observation.

Isn't that just anecdotal evidence, which is notoriously unscientific?

Scientific? Like the premise that we originated from a big bang?

Hey, the scientific method is great. But it also sets the rules on what is possible and what is impossible. In a sense, science sets rules and with those rules it
excludes things that don't fit its model. The thing is, science, as great as it is, is still growing. So, until science discovers more, it is dependent on the
variables it sets up to say what is possible and impossible. In a real world example, I would look into certain types of experiences that humans have
that are termed supernatural (or excluded in other ways.) Well, there needs to be instruments to measure some of these subtle energies employed in
the investigation. I do believe that is starting, but we are a long ways off as there is something at stake regarding the current "system".

The miraculous, which many of us have experienced, is generally not reproducible. Guess that means miracles don't happen (according to science).

There are many many flaws in science in these ways. It is valuable but at the same time it is being handcuffed.

most "miracles" are purely psychological disorders.

[Its About Sharing]

I prefer not to even say I am a "believer", there is something called first hand experience, knowing and then of course just good old observation.

Isn't that just anecdotal evidence, which is notoriously unscientific?

Scientific? Like the premise that we originated from a big bang?

Hey, the scientific method is great. But it also sets the rules on what is possible and what is impossible. In a sense, science sets rules and with those rules it
excludes things that don't fit its model. The thing is, science, as great as it is, is still growing. So, until science discovers more, it is dependent on the
variables it sets up to say what is possible and impossible. In a real world example, I would look into certain types of experiences that humans have
that are termed supernatural (or excluded in other ways.) Well, there needs to be instruments to measure some of these subtle energies employed in
the investigation. I do believe that is starting, but we are a long ways off as there is something at stake regarding the current "system".

The miraculous, which many of us have experienced, is generally not reproducible. Guess that means miracles don't happen (according to science).

There are many many flaws in science in these ways. It is valuable but at the same time it is being handcuffed.

most "miracles" are purely psychological disorders.

How can you say? How do you study things that are not reproducible? You are creating a rigid reality then.
 
Firsthand experience seems to be the only way to know, but you can't prove it (just like love). And when you look at the level of prozac (etc.) consumption and the reasons for it, I'd say more miracles, regardless of how/why, is very needed these days.

Luv to ya

[EuroTrash]

Ahem, a long debate between cynical materialists and tree huggers... in the Speculation forum's Wall Observer thread?
You guys are quoting each other in full. It's like entire full pages I have to skip through by now.
Can we give it a break?
Sorry it had to be said.

[Richy_T]

The bigger thing that I am speaking of though, remains true, we are a part of the earth and not separate from it. If you think things in our environment (and even things outside it like the moon) do not effect us, it makes no sense in a quantum physics sort of a way. Too many women (in particular) feel the full moon coming on and there is the menstration correlation as well. Of course there are many other examples we see in our lives that show we are not separate from Nature, we are born from it. Just like an apple tree "apples", the earth "peoples". Allan Watts said that and we don't lose the connection...

http://www.straightdope.com/columns/read/1348/whats-the-link-between-the-moon-and-menstruation

The smart money says it's coincidence. In Science and the Paranormal (1983), astronomer George O. Abell writes, "The moon's cycle of phases is 29.53 days, while the human female menstrual cycle averages 28 days (although it varies among women and from time to time with individual women); this is hardly even a good coincidence!

You need to get a healthy dose of skepticism (and likely read a quantum physics book).

[RationalSpeculator]

Question for the Wall specialists.

When you look at the form of the wall the sell side looks like a strong wave about to flood over the buy side, just like the buy side looked when it was going up fastly at the start of the year.

Currently the buy wall looks like a gradual slope up, looks much weaker then the wave on the sell side, and if I remember correctly the sell side also looked like this at the start of the year.

Is it fair to conclude that the sell side is stronger when looking at the form of the walls?

And is it fair to conclude from that that prices have a higher chance to go down than up, based on wall form?

[NewLiberty]

Wrong forum.

+1

[ChartBuddy]

[EuroTrash]

FYI

https://bitcointalk.org/index.php?topic=231960.msg2531177#msg2531177

[Richy_T]

Question for the Wall specialists.

When you look at the form of the wall the sell side looks like a strong wave about to flood over the buy side, just like the buy side looked when it was going up fastly at the start of the year.

Currently the buy wall looks like a gradual slope up, looks much weaker then the wave on the sell side, and if I remember correctly the sell side also looked like this at the start of the year.

Is it fair to conclude that the sell side is stronger when looking at the form of the walls?

And is it fair to conclude from that that prices have a higher chance to go down than up, based on wall form?

You tend to see this when the price moves. The movement "eats" into the side it moves into making it look steep. Many orders are cancelled automatically (and other new ones placed) but it can take a while for those trading manually to adapt to new circumstances.

[barbs]

holy shit buying