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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 26373759 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.)
Ivanhoe
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October 23, 2013, 10:48:14 PM
 #34201

Next point of resistance is 266, the way towards that will be easy.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Adrian-x
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October 23, 2013, 10:53:38 PM
 #34202

So price has to go up because of that?? Why would you play like that with money??

1) Bitcoin is a good idea,
2) Because it's fun to read this thread Roll Eyes or money is a social agreement, and no one created a rule that said you can't play.
prophetx
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October 23, 2013, 10:53:43 PM
 #34203

i wonder if this has to do with people anticipating SEC approval of the bitcoin trust, the sec should respond within 30 days of the oct 8 filing


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October 23, 2013, 10:55:47 PM
 #34204



theonewhowaskazu
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October 23, 2013, 11:04:14 PM
 #34205


Wow, Bitfinex actually makes it on that chart?

Thats pretty interesting. Is there any way of telling how much of the Bitstamp volume is secretly from Bitfinex?
mccoyspace
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October 23, 2013, 11:10:46 PM
 #34206

I just took a guess at that here:
https://bitcointalk.org/index.php?topic=316923.msg3398084#msg3398084
 1/6th was my guess.
MAbtc
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October 23, 2013, 11:12:25 PM
 #34207

Gotta say, Bitstamp's bid side looks pretty worrisome. Is it gonna fill in? Or do we go to 180s on the first dump there?  Smiley
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October 23, 2013, 11:13:00 PM
 #34208

I just took a guess at that here:
https://bitcointalk.org/index.php?topic=316923.msg3398084#msg3398084
 1/6th was my guess.

Wow, looks like I'm not the only one to have discovered Bitfinex then. I was under the impression it was still a small startup.
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October 23, 2013, 11:14:23 PM
 #34209

Gentlemen, how does it feel to see your BTC double their price in just a few weeks?

Hope you are all holding, if $266 is broken next stop is beyond four digits.

Choo choo, motherfuckers!
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October 23, 2013, 11:15:42 PM
 #34210

They have a lot of worth on loan over there:
1.75 million usd
2k btc
15k ltc

2.2 mill USD equivalent on loan

https://bitfinex.com/pages/stats
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October 23, 2013, 11:16:20 PM
 #34211

Gentlemen, how does it feel to see your BTC double their price in just a few weeks?

Hope you are all holding, if $266 is broken next stop is beyond four digits.

Choo choo, motherfuckers!

I'll think of you when Bubble explodes
Erdogan
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October 23, 2013, 11:18:37 PM
 #34212

Still less than 10% down to stamp. China follows. Looks sound.

When we pass all time high, every fucking lowly newspaper in the world will have an article about it.



Could be true, so if someone wants price down he needs to dump at max $250 without ATH. Right?

Why would anyone want to do that? Self-sacrifice?
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October 23, 2013, 11:22:01 PM
 #34213

Gentlemen, how does it feel to see your BTC double their price in just a few weeks?

Hope you are all holding, if $266 is broken next stop is beyond four digits.

Choo choo, motherfuckers!

If it goes to $1000 will the bid depth fill in? Or will keep the pattern its in now and a 10k dump will take us from $1000 to $180?
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October 23, 2013, 11:22:22 PM
 #34214

Still less than 10% down to stamp. China follows. Looks sound.

When we pass all time high, every fucking lowly newspaper in the world will have an article about it.



Could be true, so if someone wants price down he needs to dump at max $250 without ATH. Right?

Why would anyone want to do that? Self-sacrifice?

Why would anyone want high price now? Why not hoarding for a year or two in the $50 - $200 range? Just a thought.
notme
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October 23, 2013, 11:26:32 PM
 #34215

Still less than 10% down to stamp. China follows. Looks sound.

When we pass all time high, every fucking lowly newspaper in the world will have an article about it.



Could be true, so if someone wants price down he needs to dump at max $250 without ATH. Right?

Why would anyone want to do that? Self-sacrifice?

Why would anyone want high price now? Why not hoarding for a year or two in the $50 - $200 range? Just a thought.

We already hoarded at the $3 to $7 range?

ding ding ding, we have a winner
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October 23, 2013, 11:27:47 PM
 #34216

Gentlemen, how does it feel to see your BTC double their price in just a few weeks?

Hope you are all holding, if $266 is broken next stop is beyond four digits.

Choo choo, motherfuckers!

I'll think of you when Bubble explodes

Bubble already exploded once (2011), somebody would say twice including the April 2013 crash, but if ATH is broken in my book that would be a correction and not a bubble pop. Yet the 2011 high was at least one order of magnitud smaller than the 2013 one.

That said, BTC is prone to boom and bust cycles, its designed to skyrocket, and even if long-term parabolic growth is unsustainable and exponencial rises always preceed steep corrections, the real *pop* is nowhere to be seen yet.

You have to be blind to not realize that we are still in the early adoption phase, the average joe has still no fucking clue on how to quickly get some BTC... When and if paper BTC is steadily available in mainstream markets then you will see what huge and scary motherfucking BTC bubble is.

jojo69
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October 23, 2013, 11:32:14 PM
 #34217

Walsoraj
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October 23, 2013, 11:32:43 PM
 #34218

Thursday is a magnet for crashes. I bet the bubble continues to inflate until then.

Bumping and will bump again after crash to prove that I am a true profit.
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October 23, 2013, 11:34:34 PM
 #34219

Still less than 10% down to stamp. China follows. Looks sound.

When we pass all time high, every fucking lowly newspaper in the world will have an article about it.



Could be true, so if someone wants price down he needs to dump at max $250 without ATH. Right?

Why would anyone want to do that? Self-sacrifice?

Why would anyone want high price now? Why not hoarding for a year or two in the $50 - $200 range? Just a thought.

Too late for that cheap coins now.
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October 23, 2013, 11:35:39 PM
 #34220

$229 in one hour.  Grin
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