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

[ChartBuddy]

[ardana123]

https://twitter.com/MagicalTux/status/375195589048147968

On a side note, this is pretty bullish news for LTC on gox. That post just means they're checking items off their list, eventually leading up to the implementation of LTC. Beats me why they wouldn't want to implement it either, it would reap them huge profits. So i'm stocking up on some ltc.

[ElectricMucus]

Why's BTC-E lower than the rest?

why do you ask? have you ever seen it higher? 

I have.

[semaster]

Why's BTC-E lower than the rest?

why do you ask? have you ever seen it higher? 

I have.

it is hard to imagine

[JimboToronto]

Why's BTC-E lower than the rest?

why do you ask? have you ever seen it higher? 

I have.

it is hard to imagine

I seem to recall it being higher at some point yesterday but I don't follow it closely, just what's on the i286 Gox page.

I'm more interested in Virtex CAD and MtGox USD since that's where I trade. I never move fiat in or out of MtGox. My accounts are still anonymous except for a second account at Virtex since they started to require verification.

[ChartBuddy]

[ElectricMucus]

Why's BTC-E lower than the rest?

why do you ask? have you ever seen it higher? 

I have.

it is hard to imagine

That may be, but it's true, it mainly happens during hard bounces after a selloff. These are rare occasions, but they are there.

[ChartBuddy]

[ChartBuddy]

[Wekkel]

This could last up to Friday.

[prophetx]

Why's BTC-E lower than the rest?

why do you ask? have you ever seen it higher? 

I have.

it is hard to imagine

That may be, but it's true, it mainly happens during hard bounces after a selloff. These are rare occasions, but they are there.

true once every blue moon. must be patient...

[icekiss]

right now a selloff on bitstamp is drawing mtgox down. The position at 143.6 is being sold of peacemeal (and slowly, there still isn't any volume on gox).

Volume on bitstamp is much higher than on gox right now  .

[NewLiberty]

Holy smokes! When did China become a third of the total global exchange volume?!

And how fast are they coming up?

As expected.
And also why Chinese ideograms for Freedom and Harmony bookmark the QR code on the reverse side of the new Silver Bitcoin 1 ozt COLD HARD CASH pieces:

[derpinheimer]

right now a selloff on bitstamp is drawing mtgox down. The position at 143.6 is being sold of peacemeal (and slowly, there still isn't any volume on gox).

Volume on bitstamp is much higher than on gox right now  .

People are becoming impatient with this whale who probably isnt going to come to the rescue.

[NewLiberty]

right now a selloff on bitstamp is drawing mtgox down. The position at 143.6 is being sold of peacemeal (and slowly, there still isn't any volume on gox).

Volume on bitstamp is much higher than on gox right now  .

People are becoming impatient with this whale who probably isnt going to come to the rescue.

Right now a pullback is the only thing that can ensure a sustained rally. Buy whale will be shy as long as it looks like his volume will contribute to increasing slippage to the upside.

Well.... maybe a pull back not the "only thing" that can ensure a sustained rally.  Lots of buying over a long period of time could do that too, right?

[derpinheimer]

right now a selloff on bitstamp is drawing mtgox down. The position at 143.6 is being sold of peacemeal (and slowly, there still isn't any volume on gox).

Volume on bitstamp is much higher than on gox right now  .

People are becoming impatient with this whale who probably isnt going to come to the rescue.

Right now a pullback is the only thing that can ensure a sustained rally. Buy whale will be shy as long as it looks like his volume will contribute to increasing slippage to the upside.

a 10k buy right now moves the price a similar amount to what it did at 125 and 135. Plus, there have been 2 or 3 large market orders that have already eaten a great deal of coins at this price range [~9k?]

[Walsoraj]

Well it is all gone now, the owner of that wall sold the last 600 down to 143.

Still wont go down. Gentlemen, place your bets   

My bids are in single digits and some double cents. But, i dont expect crash until late Wednesday, more likely thursday.

Who called it, oh yea walz did. You guys are going to be calling me a prophet by Friday.

[Walsoraj]

Also, keep an eye on this: http://www.marketwatch.com/investing/bond/10_year

If it goes over 3%, expect mass panic in markets and flee to USD. Probably will affect btc, but cannot be sure

[ardana123]

LTC is having a nice rally, time to jump in before imminent Gox announcement?

[ChartBuddy]