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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 26404028 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.)
seleme
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November 13, 2013, 01:12:31 PM
 #40821

so, 400 broken finally
oda.krell
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November 13, 2013, 01:13:16 PM
 #40822

BITCOINS are on fire !! The value has hit $400 omg. Cool down Chinese stash your black money somewhere else, damn it.

This is Gox led...

Actually this move is being led by Bitstamp (together with btc-e perhaps), they've already broken their ATHs yesterday. Gox is just lagging behind, and now China is ironically enough the latest to break their ATH. But they already took a big lead earlier on, so maybe they're just waiting for the rest to catch up now.

Uh, no.  That was all Gox.  China was barely moving and Stamp was only a tad bit better than that.  

Stamp moved from 350 to 375 to break their ATH yesterday while Gox was just sitting there. Only just now Gox started moving, so I see it as a lagging response to Bitstamp's earlier move. Maybe Gox users were thinking Stamp was just performing a classic bull trap, and wanted to wait it out first.

*sigh* Pointless to argue with him, there's a reason why coinseeker is on my (rather small) ignore list.

Anyway, Price alone isn't enough to say where the impulse came from, IMO, volume factors in as well.

15 min weighted close paints a slightly more differentiated picture:

the current run up started minimally earlier on mtgox, yesterday evening.

then the first *real* push (price and volume) happened around midnight on bitstamp.

mtgox actually retracted quite a bit in the morning, bitstamp didn't give a shit and continued the climb, then mtgox made up their mind and shot up.

All in all, nobody clearly "leading" this one, but if any exchange put slightly more weight behind the move, it was bitstamp, not gox.



jojo69
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November 13, 2013, 01:14:23 PM
 #40823

about time...sheesh
barbs
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November 13, 2013, 01:16:08 PM
 #40824

This time will be different?

There is serious money requiring the price to move up now, i'm talking institutional money, corporate money.

I dont know if I'd recommend anyone to buy right now.
San1ty
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November 13, 2013, 01:17:33 PM
 #40825

It's funny how all those bears are back in their cage right now.
Or no, it's sad... I can only imagine how it feels like to miss a train/rocket.
gandhibt
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November 13, 2013, 01:19:07 PM
 #40826

 Grin BUY BUY BUY Cool
oakpacific
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November 13, 2013, 01:20:49 PM
 #40827

It's funny how all those bears are back in their cage right now.
Or no, it's sad... I can only imagine how it feels like to miss a train/rocket.

Bears? All I saw are broken clocks.
tarmi
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November 13, 2013, 01:24:15 PM
 #40828




 Cheesy
barbs
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November 13, 2013, 01:24:34 PM
 #40829

He who dumps first wins!

Edit: love the 400/401 bid/ask walls of 150 each... face off.. probably the same guy
Miz4r
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November 13, 2013, 01:26:47 PM
 #40830

He who dumps first wins!

Not if the price shoots up $100 more afterwards. Tongue
tarmi
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November 13, 2013, 01:28:27 PM
 #40831

He who dumps first wins!

 Cheesy

broken bear logic. the first who dumps - fails.

just remember the first 32 $ bubble.
Coinseeker
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November 13, 2013, 01:29:41 PM
 #40832

BITCOINS are on fire !! The value has hit $400 omg. Cool down Chinese stash your black money somewhere else, damn it.

This is Gox led...

Actually this move is being led by Bitstamp (together with btc-e perhaps), they've already broken their ATHs yesterday. Gox is just lagging behind, and now China is ironically enough the latest to break their ATH. But they already took a big lead earlier on, so maybe they're just waiting for the rest to catch up now.

Uh, no.  That was all Gox.  China was barely moving and Stamp was only a tad bit better than that.  

Stamp moved from 350 to 375 to break their ATH yesterday while Gox was just sitting there. Only just now Gox started moving, so I see it as a lagging response to Bitstamp's earlier move. Maybe Gox users were thinking Stamp was just performing a classic bull trap, and wanted to wait it out first.

Ok, I guess if you stretch out the timeline a bit, I can see that as plausible.  Just based on today, Gox took off and Stamp got stuck at some pretty good walls as did China.
Davyd05
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November 13, 2013, 01:30:38 PM
 #40833

He who dumps first wins!

Edit: love the 400/401 bid/ask walls of 150 each... face off.. probably the same guy


Looks like they're being munched
barbs
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November 13, 2013, 01:38:59 PM
 #40834

He who dumps first wins!

 Cheesy

broken bear logic. the first who dumps - fails.

just remember the first 32 $ bubble.

I've got 10% sitting on the sidelines, 90% in BTC, call me a bear sure!
phatsphere
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November 13, 2013, 01:39:02 PM
 #40835

402, just sayin'

Insane!!!
BldSwtTrs
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November 13, 2013, 01:41:33 PM
 #40836

Sorry to be a little off topic here but i need a quick answer, do anyone know is the site buyxrp.com is legit?
gambitv
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November 13, 2013, 01:42:10 PM
 #40837

Doesn't look like it will take much to drop it under 390 though. GoxBux Up now 22,500,000 -  BTC under 15k.

macsga
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Strange, yet attractive.


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November 13, 2013, 01:43:38 PM
 #40838

itBit, a NASDAQ-powered Bitcoin currency exchange, raises $3.25m in funding
Singapore-based exchange is one of many trying to create a secure market for trading the digital currency

http://www.independent.co.uk/life-style/gadgets-and-tech/news/itbit-a-nasdaqpowered-bitcoin-currency-exchange-raises-325m-in-funding-8934655.html
bnjmnkent
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November 13, 2013, 01:48:38 PM
 #40839

Sorry to be a little off topic here but i need a quick answer, do anyone know is the site buyxrp.com is legit?
You are asking random strangers on the internet...
DougTanner
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November 13, 2013, 01:48:44 PM
 #40840

$402

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