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

[Tzupy]

I believe the upcoming drop won't last more than 3 - 4 days, and after that we'll see the second sub-wave of wave B (price will go up for a while).
We are still comfortably away from capitulation, when that moment will come I'll post a warning.

[Dhuum]

http://www.youtube.com/watch?v=b30z0-a1FtQ

 

[Luno]

Last year Bitcoin was used a lot as reserve for prof currency traders, (maybe just Max Kaiser),

That is awesome!

It was quite funny: Twice I found my self watching BBC world or CNN announcing bad news about Cyprus and QED  and manage to buy and watch the price go up 4-5 seconds later on Gox.

At the height of the currency war I spend as much time pondering about what tricks Cameron had up his sleeve to muscle Merkel. (It turned out that he has using Gorge Soros to destabilize the Euro by doing hefty Gold / Euro trades and by that forcing Merkel to give the English a better deal in EU), as I did watching Bitcoin. So having the "professional feel" of a high profiled trader, watching gold, Euro, USD, Yen on extra monitors, gives you a lot of edge in trading Bitcoin and gives you an early warning system, sometimes minutes, when doing trades on Gox.

As I said, That's almost a full time obsession and your family feels totally annihilated so I kind of returned to normal family father and don't really have that edge any more. That's why I'm asking if anyone have a feeling of close ties between Bitcoin and the real markets at the moment?

And the vid was nice, good voice!

[ChartBuddy]

[crazy_rabbit]

Last year Bitcoin was used a lot as reserve for prof currency traders, (maybe just Max Kaiser),

That is awesome!

It was quite funny: Twice I found my self watching BBC world or CNN announcing bad news about Cyprus and QED  and manage to buy and watch the price go up 4-5 seconds later on Gox.

At the height of the currency war I spend as much time pondering about what tricks Cameron had up his sleeve to muscle Merkel. (It turned out that he has using Gorge Soros to destabilize the Euro by doing hefty Gold / Euro trades and by that forcing Merkel to give the English a better deal in EU), as I did watching Bitcoin. So having the "professional feel" of a high profiled trader, watching gold, Euro, USD, Yen on extra monitors, gives you a lot of edge in trading Bitcoin and gives you an early warning system, sometimes minutes, when doing trades on Gox.

As I said, That's almost a full time obsession and your family feels totally annihilated so I kind of returned to normal family father and don't really have that edge any more. That's why I'm asking if anyone have a feeling of close ties between Bitcoin and the real markets at the moment?

And the vid was nice, good voice!

Same happened to me. I was obsessed. Then I realised that greed had sunk in it's claws and I decided to go back to my regular life and with cold storage for the years to come.

[ChartBuddy]

[Luno]

Same happened to me. I was obsessed. Then I realised that greed had sunk in it's claws and I decided to go back to my regular life and with cold storage for the years to come.

And we just hang around as old boxers, maybe hoping for a quick doubling?

[Walsoraj]

The day gox stood still.

[Equus]

As I said, That's almost a full time obsession and your family feels totally annihilated so I kind of returned to normal family father and don't really have that edge any more.

If I've said it once I've said it a thousand times:

Don't annihilate your family for the sake of bitcoins.   

[ChartBuddy]

[Luno]

As I said, That's almost a full time obsession and your family feels totally annihilated so I kind of returned to normal family father and don't really have that edge any more.

If I've said it once I've said it a thousand times:

Don't annihilate your family for the sake of bitcoins.   

LOL, just alienated!

Is it like whistling on a ship to say it's surely calm today on Gox?

[ChartBuddy]

[molecular]

Same happened to me. I was obsessed. Then I realised that greed had sunk in it's claws and I decided to go back to my regular life and with cold storage for the years to come.

And we just hang around as old boxers, maybe hoping for a quick doubling?

bgoxers

[ChartBuddy]

[NewLiberty]

Ode to ChartBuddy, welcome back
(With apology to Sting-I'll be watching you)

Every coin I stake
And every move you make
Every high you break
Every wall they fake
Ill be watching you

Every single day
And every move I pray
That my coins will stay
Through the night OK
Ill be watching you

Oh, cant you seeeeeee
Coins belong to meeeee
Now my poor heart aches
With every coin they take

Every chart you make
Every bank you break
Every pattern they fake
Every coin I stake
Ill be watching you

Since you've gone, I've been lost in this rat race
I dream at night, I can only watch this place
I look around but its you I cant replace
I feel so bold and I long for gap retrace
I keep crying chartbuddy please....

Oh, cant you see
Coins belong to me
Now my poor heart aches
Every coin you take

Every coin I stake
And every move you make
Every bond you break
Every wall they fake
Ill be watching you
Ill be watching you
Ill be watching you

[Walsoraj]

another tinfoilhat theory about lack of volume: what if 90% of trading (up until recently) was by a very small group of criminal traders, who have been caught or scared away from the major exchanges?

amirite, or amirite?

[NewLiberty]

another tinfoilhat theory about lack of volume: what if 90% of trading (up until recently) was by a very small group of criminal traders, who have been caught or scared away from the major exchanges?

amirite, or amirite?

I suppose if you are picking numbers out of a tinfoil hat 90% is as good as 4%:
http://thegenesisblock.com/analysis-silk-roads-historical-impact-bitcoin/

[Luno]

another tinfoilhat theory about lack of volume: what if 90% of trading (up until recently) was by a very small group of criminal traders, who have been caught or scared away from the major exchanges?

amirite, or amirite?

Real exchanges do "cosmetic" trades to have a current price when volume is low or non existing. That's not something that should go on for days however.

Most traders are not afraid of the FBI but maybe IRS.

[adamstgBit]

i know i've been saying this for years now, but....

its almost over

http://www.youtube.com/watch?v=4hgA9j-4dB0

 

[ChartBuddy]