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

[maz]

I'm 40.

Ah OK, let's leave it there. I remember your entrance to the forum and was thinking oh sheez what a kid.... 

I appreciate your way of making money for you, and will tell when I have closed my trade, and how much I made. Peace?

Kid at heart maybe. Yes. But deadly serious about creating wealth.

I never trade more than 20% of my BTC. And its for short trades anyway. So I have no reason to argue with you really, we have difference of opinions from time to time but I think we both want it to go to the moo --- well, you know where I'm talking about.

Let's just allow ourselves to agree or disagree and not make it personal. I'm not an idiot. I understand all your charts and graphs (and all the others I see on this forum).  And I formulate my predictions based on the totality of information available. I've done pretty damn well so far.

I plan on having my own type of castle too.

I have to admit, I would have taken you for less than <30 as well, just from your writing style. I started taking you a bit more seriously when you were willing to accept a 5btc bet that it was going to 1000 in 6 days, that was a good call, even though I had no intention to bet against you, it's nice to see someone stand behind their predictions with conviction.

Keep up the good post's, your amongst 1 in about 6 people I take seriously on this thread/forum!

[gandhibt]

and removed...

Someone somewhere is feeling stupid.

it was eaten 550 one strike

edit. slooow

[seleme]

and removed...

Someone somewhere is feeling stupid.

it was eaten 550 one strike

really? wow

[rpietila]

Lol. No one wants to short BTC on Bitfinex now

Contrarian indicator. Let's see if I wanted

[fr33d0miz3r]

Contrarian indicator. Let's see if I wanted

That's what I mean 

[kehtolo]

and removed...

Nah..  it was eaten surely? SOmeone bought 550 in one chunk.

[iarsenaux]

and removed...

Someone somewhere is feeling stupid.

No... someone bought 550btc  

Is there anyway to know if btc was bought or if it was cancelled?

[Carra23]

and removed...

Nah..  it was eaten surely? SOmeone bought 550 in one chunk.

Someone or himself.

[seleme]

pietila on ignore. what a repulsive and pathetic little boy.

He's bullshitter, either in bears or bull mode 

[seleme]

and removed...

Nah..  it was eaten surely? SOmeone bought 550 in one chunk.

Someone or himself.

yep, that's possibility too.

[Vycid]

I'm 40.

Ah OK, let's leave it there. I remember your entrance to the forum and was thinking oh sheez what a kid.... 

I appreciate your way of making money for you, and will tell when I have closed my trade, and how much I made. Peace?

Kid at heart maybe. Yes. But deadly serious about creating wealth.

I never trade more than 20% of my BTC. And its for short trades anyway. So I have no reason to argue with you really, we have difference of opinions from time to time but I think we both want it to go to the moo --- well, you know where I'm talking about.

Let's just allow ourselves to agree or disagree and not make it personal. I'm not an idiot. I understand all your charts and graphs (and all the others I see on this forum).  And I formulate my predictions based on the totality of information available. I've done pretty damn well so far.

I plan on having my own type of castle too.

I have to admit, I would have taken you for less than <30 as well, just from your writing style. I started taking you a bit more seriously when you were willing to accept a 5btc bet that it was going to 1000 in 6 days, that was a good call, even though I had no intention to bet against you, it's nice to see someone stand behind their predictions with conviction.

Keep up the good post's, your amongst 1 in about 6 people I take seriously on this thread/forum!

Curious - how can you surmise age from writing style? I've never heard that before (except perhaps for people so young they haven't finished school yet).

Would you care to take a shot at mine?

[TheKoziTwo]

I seriously can't believe people are still trading on MtGox.

I use mtgox because I don't trust any other entity with much of my funds. We've seen many exchanges come and go (bitcoin24,bitcoin7,tradehill,bitparking etc) but mtgox has been here all the time.

Mtgox also has the highest price (and much volume/depth) and I am able to withdraw euro (or simply wait for price to equal any other exchange which happens occasionally). If I'm going to sell, it makes sense to sell for the highest price I can get.

In conclusion I like gox, and I feel that my funds are safe with them.

Goxxing doesn't bother me so much, yes it can be annoying, but trust is more important for me (but i don't trade a lot anyways). I think btc-e is great, low fees, many trading opportunities, but I don't trust them as much (or more precise I'm fearing that they will eventually be targeted by law enforcement).

How can you trust gox? How many times they have promised to do something and then just not done it? Only thing they have done is to be there, but that's only because people are willing to pay that outrageous fee and doesn't mind that they are ass raped in every major movement, Mark is doing a lot of money.

0.60% fee should be enough for everyone to fuck them off. It's scandalous fee.

I'd say 100% fee is much worse.   (i wish mtgox would change their fee schedule to account for usd instead of btc though, but I have less than 0.5% fee at least)

You would have 0.2 on stamp and isn't stamp worth more trust?

I don't trust bitstamp more, I know they are located in the UK, but I don't know much about the owners. Did they apply for the appropriate licenses ? the reason gox is having withdraw delays (from what I understand) is that they are trying to get licensed, if bitstamp doesn't go that route it does come with a decent amount of legal risk. The price on bitstamp is very low compared to gox, but every now and then the price evens out, why sell at bitstamp when you can sell for $100 or even $200 more on gox? $100 extra makes the 0.6% fee looks like silly money.

Then there was a very critical security issue discovered in bitstamps trading engine , did that get fixed yet?

Another reason that doesn't really apply to their trustworthiness is that I can't use their 2 factor authentication atm, while with gox I have a yubikey. Not having 2 factor makes me feel more uneasy about keeping large sums on any exchange.

[tarmi]

and removed...

Someone somewhere is feeling stupid.

nah, people are stupid. they dont like big numbers - but if you dump all the way to 850 - thats ok.

[Vycid]

I seriously can't believe people are still trading on MtGox.

I use mtgox because I don't trust any other entity with much of my funds. We've seen many exchanges come and go (bitcoin24,bitcoin7,tradehill,bitparking etc) but mtgox has been here all the time.

Mtgox also has the highest price (and much volume/depth) and I am able to withdraw euro (or simply wait for price to equal any other exchange which happens occasionally). If I'm going to sell, it makes sense to sell for the highest price I can get.

In conclusion I like gox, and I feel that my funds are safe with them.

Goxxing doesn't bother me so much, yes it can be annoying, but trust is more important for me (but i don't trade a lot anyways). I think btc-e is great, low fees, many trading opportunities, but I don't trust them as much (or more precise I'm fearing that they will eventually be targeted by law enforcement).

How can you trust gox? How many times they have promised to do something and then just not done it? Only thing they have done is to be there, but that's only because people are willing to pay that outrageous fee and doesn't mind that they are ass raped in every major movement, Mark is doing a lot of money.

0.60% fee should be enough for everyone to fuck them off. It's scandalous fee.

I'd say 100% fee is much worse.   (i wish mtgox would change their fee schedule to account for usd instead of btc though, but I have less than 0.5% fee at least)

You would have 0.2 on stamp and isn't stamp worth more trust?

I don't trust bitstamp more, I know they are located in the UK, but I don't know much about the owners. Did they apply for the appropriate licenses ? the reason gox is having withdraw delays (from what I understand) is that they are trying to get licensed, if bitstamp doesn't go that route it does come with a decent amount of legal risk. The price on bitstamp is very low compared to gox, but every now and then the price evens out, why sell at bitstamp when you can sell for $100 or even $200 more on gox? $100 extra makes the 0.6% fee looks like silly money.

Then there was a very critical security issue discovered in bitstamps trading engine , did that get fixed yet?

Another reason that doesn't really apply to their trustworthiness is that I can't use their 2 factor authentication atm, while with gox I have a yubikey. Not having 2 factor makes me feel more uneasy about keeping large sums on any exchange.

If I'm not mistaken, they are located in Slovenia, not the UK.

The owner is this dude, apparently: http://www.linkedin.com/pub/nejc-kodri%C4%8D/47/227/299

[rpietila]

And if you don't know that the 2011 bubble went below its previous starting point

The 2011 bubble's starting point was $0.06.
The bottom after the crash was $1.99

What is especially interesting is that if you draw a least-squares fit trendline in the logarithmic price chart here, you get the same (+/- 10%) slope as with the whole of Bitcoin's price appreciation over the 5 years of its existence. Also if you take only 2013 as your data, again, same thing.

Now be my guest and rush to buy bitcoins and not understand that this information is only available because I spent days modelling it.  

[Dragonkiller]

I seriously can't believe people are still trading on MtGox.

I use mtgox because I don't trust any other entity with much of my funds. We've seen many exchanges come and go (bitcoin24,bitcoin7,tradehill,bitparking etc) but mtgox has been here all the time.

Mtgox also has the highest price (and much volume/depth) and I am able to withdraw euro (or simply wait for price to equal any other exchange which happens occasionally). If I'm going to sell, it makes sense to sell for the highest price I can get.

In conclusion I like gox, and I feel that my funds are safe with them.

Goxxing doesn't bother me so much, yes it can be annoying, but trust is more important for me (but i don't trade a lot anyways). I think btc-e is great, low fees, many trading opportunities, but I don't trust them as much (or more precise I'm fearing that they will eventually be targeted by law enforcement).

How can you trust gox? How many times they have promised to do something and then just not done it? Only thing they have done is to be there, but that's only because people are willing to pay that outrageous fee and doesn't mind that they are ass raped in every major movement, Mark is doing a lot of money.

0.60% fee should be enough for everyone to fuck them off. It's scandalous fee.

I'd say 100% fee is much worse.   (i wish mtgox would change their fee schedule to account for usd instead of btc though, but I have less than 0.5% fee at least)

You would have 0.2 on stamp and isn't stamp worth more trust?

I don't trust bitstamp more, I know they are located in the UK, but I don't know much about the owners. Did they apply for the appropriate licenses ? the reason gox is having withdraw delays (from what I understand) is that they are trying to get licensed, if bitstamp doesn't go that route it does come with a decent amount of legal risk. The price on bitstamp is very low compared to gox, but every now and then the price evens out, why sell at bitstamp when you can sell for $100 or even $200 more on gox? $100 extra makes the 0.6% fee looks like silly money.

Then there was a very critical security issue discovered in bitstamps trading engine , did that get fixed yet?

Another reason that doesn't really apply to their trustworthiness is that I can't use their 2 factor authentication atm, while with gox I have a yubikey. Not having 2 factor makes me feel more uneasy about keeping large sums on any exchange.

If I'm not mistaken, they are located in Slovenia, not the UK.

The owner is this dude, apparently: http://www.linkedin.com/pub/nejc-kodri%C4%8D/47/227/299

He was speaking at a conference in Berlin not too long ago. I think they're trustworthy.

http://www.youtube.com/watch?v=Tume6vspgeg

[TheKoziTwo]

Curious - how can you surmise age from writing style? I've never heard that before (except perhaps for people so young they haven't finished school yet).

Would you care to take a shot at mine?

mid-twenties?

If I'm not mistaken, they are located in Slovenia, not the UK.

The owner is this dude, apparently: http://www.linkedin.com/pub/nejc-kodri%C4%8D/47/227/299

He was speaking at a conference in Berlin not too long ago. I think they're trustworthy.

http://www.youtube.com/watch?v=Tume6vspgeg

Thanks, I'll look at that.

[TooDumbForBitcoin]

Seriously? I'm 40. And I am willing to bet, if we compared "Wealth" outside of bitcoin - which you had a considerable head start in, I would own you.  So let's not even go there.

And if you don't know that the 2011 bubble went below its previous starting point and didnt fully recover for 1 1/2 years while the 2013 bubble never dipped below its starting point while recovering several times faster, then I don't know what to say to you except that sometimes, not always, but sometimes you come across as an arrogant prick.

Wow, now I have a 40-yr-old rich name-calling guy on ignore.

[ChartBuddy]

[mmitech]

I seriously can't believe people are still trading on MtGox.

I use mtgox because I don't trust any other entity with much of my funds. We've seen many exchanges come and go (bitcoin24,bitcoin7,tradehill,bitparking etc) but mtgox has been here all the time.

Mtgox also has the highest price (and much volume/depth) and I am able to withdraw euro (or simply wait for price to equal any other exchange which happens occasionally). If I'm going to sell, it makes sense to sell for the highest price I can get.

In conclusion I like gox, and I feel that my funds are safe with them.

Goxxing doesn't bother me so much, yes it can be annoying, but trust is more important for me (but i don't trade a lot anyways). I think btc-e is great, low fees, many trading opportunities, but I don't trust them as much (or more precise I'm fearing that they will eventually be targeted by law enforcement).

How can you trust gox? How many times they have promised to do something and then just not done it? Only thing they have done is to be there, but that's only because people are willing to pay that outrageous fee and doesn't mind that they are ass raped in every major movement, Mark is doing a lot of money.

0.60% fee should be enough for everyone to fuck them off. It's scandalous fee.

I'd say 100% fee is much worse.   (i wish mtgox would change their fee schedule to account for usd instead of btc though, but I have less than 0.5% fee at least)

You would have 0.2 on stamp and isn't stamp worth more trust?

I don't trust bitstamp more, I know they are located in the UK, but I don't know much about the owners. Did they apply for the appropriate licenses ? the reason gox is having withdraw delays (from what I understand) is that they are trying to get licensed, if bitstamp doesn't go that route it does come with a decent amount of legal risk. The price on bitstamp is very low compared to gox, but every now and then the price evens out, why sell at bitstamp when you can sell for $100 or even $200 more on gox? $100 extra makes the 0.6% fee looks like silly money.

Then there was a very critical security issue discovered in bitstamps trading engine , did that get fixed yet?

Another reason that doesn't really apply to their trustworthiness is that I can't use their 2 factor authentication atm, while with gox I have a yubikey. Not having 2 factor makes me feel more uneasy about keeping large sums on any exchange.

If I'm not mistaken, they are located in Slovenia, not the UK.

Bitstamp Offices are located in Slovenia, in fact their offices are 10 min away from where I live, and the company was registered in Slovenia but they changed to UK this year, I think because ow the lower Taxes and better regulations there. and yes they are licence money exchange... and what critical issue you are talking about? I've never heard of any !!!

I do trust Bitstamp more than gox, I never had any issue with them, and your statement about the owners is not valid, Nejc CEO of bitstamp is a member of the forum since 2011, hazek is moderator on this forum and damjan is also known here around.