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

[Walsoraj]

it does appear that we are going to the moon!

$180 by Friday, guaranteed

[phorensic]

I said whoah and the buy continued on for several more minutes.  Double whoah.

[Cablez]

4000 wall at 125 now. Yikes

[Ivanhoe]

Is this going to happen soon?

you taunted him, well done!

[giszmo]

splish splash here comes moby-dick

[Cablez]

Does it make much sense for little fish to trade when this market is obviously the plaything of a few well to do chaps?

[samurai1200]

Does it make much sense for little fish to trade when this market is obviously the plaything of a few well to do chaps?

learn to surf.

[Patel]

whaleeeeeeeeee buyyyy

[phorensic]

Does it make much sense for little fish to trade when this market is obviously the plaything of a few well to do chaps?

You can make 2-5% here and there if you know what you are doing.  I've mined 175+ BTC since 2011, but I've only made a few bucks day trading them.

[Cablez]

Does it make much sense for little fish to trade when this market is obviously the plaything of a few well to do chaps?

You can make 2-5% here and there if you know what you are doing.  I've mined 175+ BTC since 2011, but I've only made a few bucks day trading them.

I am not much of a trader, I just worry about the smack down now that another big guy has a f-ton of coin. It would be so much easier if I knew what they were thinking......

[derpinheimer]

Someone sold about 3k... hmm.. unexpected so early in the "rally"

Or is this the end? lol

[Walsoraj]

trades like these do not happen out of the blue unless based on inside information. I bet we hear some big news tomorrow. Either positive or negative news may result in huge sales. The former is self-evident, as traders generally assume uptrend on positive news. The latter is more unique to gox because traders want fiat out and only way to do that is buy btc (lol).

can't wait for tomorrow

[keewee]

trades like these do not happen out of the blue unless based on inside information. I bet we hear some big news tomorrow. Either positive or negative news may result in huge sales. The former is self-evident, as traders generally assume uptrend on positive news. The latter is more unique to gox because traders want fiat out and only way to do that is buy btc (lol).

can't wait for tomorrow

+1  exactly what I was thinking. The timing after the conference today is very interesting

[derpinheimer]

I guess everyone is confjavascript:void(0); ???used... very low volume. Bids are filling slightly quicker than asks but not by much...

[Ares]

trades like these do not happen out of the blue unless based on inside information. I bet we hear some big news tomorrow. Either positive or negative news may result in huge sales. The former is self-evident, as traders generally assume uptrend on positive news. The latter is more unique to gox because traders want fiat out and only way to do that is buy btc (lol).

can't wait for tomorrow

+1  exactly what I was thinking. The timing after the conference today is very interesting

The only way I think that might be wrong, is if we see a big dump on another exchange(s) soon.

That would imply the "insider" knows something bad and is packing up out of gox and dumping his coins on an exchange where he can transfer out his money.

[keewee]

trades like these do not happen out of the blue unless based on inside information. I bet we hear some big news tomorrow. Either positive or negative news may result in huge sales. The former is self-evident, as traders generally assume uptrend on positive news. The latter is more unique to gox because traders want fiat out and only way to do that is buy btc (lol).

can't wait for tomorrow

+1  exactly what I was thinking. The timing after the conference today is very interesting

The only way I think that might be wrong, is if we see a big dump on another exchange(s) soon.

That would imply the "insider" knows something bad and is packing up out of gox and dumping his coins on an exchange where he can transfer out his money.

Or they simply store the coins outside the exchanges until the storm settles

[Beta-coiner1]

Yup,I called it this evening in another thread.

[Ares]

trades like these do not happen out of the blue unless based on inside information. I bet we hear some big news tomorrow. Either positive or negative news may result in huge sales. The former is self-evident, as traders generally assume uptrend on positive news. The latter is more unique to gox because traders want fiat out and only way to do that is buy btc (lol).

can't wait for tomorrow

+1  exactly what I was thinking. The timing after the conference today is very interesting

The only way I think that might be wrong, is if we see a big dump on another exchange(s) soon.

That would imply the "insider" knows something bad and is packing up out of gox and dumping his coins on an exchange where he can transfer out his money.

Or they simply store the coins outside the exchanges until the storm settles

I was implying that they wanted to get out of any exchange related to the USD AND get out of Bitcoin due to them knowing bad news and an incoming drop.

So far so good though.

[ChartBuddy]

[Wagner2014]

Does it make much sense for little fish to trade when this market is obviously the plaything of a few well to do chaps?

That's why TA is more or less useless. Market volume and liquidity is not nearly large enough to make it meaningful.