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

[ChartBuddy]

[macsga]

Hmm... it seems we're going for a one to one this weekend... Which is; you know; bull...errr.. bearish...err..bull...

[windjc]

Good grief. My question is if bitcoin doesn't go down today then will it go down at all short term?

I mean, these are ridicously bearish conditions, holidays, weekend, huge price run up, bearish triangles, mounting asks.

What's it going to take to tame this beast?

All of us are bearish right now very short term but the down trend is a trickle. What is going on bears? You're letting us down!!!

[explorer]

Is Facebook down for anyone else?

LOL  how would one know, or even care for that matter 

[macsga]

Good grief. My question is if bitcoin doesn't go down today then will it go down at all short term?

I mean, these are ridicously bearish conditions, holidays, weekend, huge price run up, bearish triangles, mounting asks.

What's it going to take to tame this beast?

All of us are bearish right now very short term but the down trend is a trickle. What is going on bears? You're letting us down!!!

Nobody's selling; that's why! Besides with the new API install arbitrage went to minimum. So; no big moves there yet. I find it extremely useful fact though that this must be one of the (rare) weekends with no dip... An interesting week might follow...

[gandhibt]

Good grief. My question is if bitcoin doesn't go down today then will it go down at all short term?

I mean, these are ridicously bearish conditions, holidays, weekend, huge price run up, bearish triangles, mounting asks.

What's it going to take to tame this beast?

All of us are bearish right now very short term but the down trend is a trickle. What is going on bears? You're letting us down!!!

I'm 100% BTC Bitcoin just laughs and continues its journey to transform the whole world as we know it

EDIT. okay i'm high again

[seleme]

Is Facebook down for anyone else?

LOL  how would one know, or even care for that matter 

yeah indeed, how would anyone know that?

erm....

[Bitcoines]

[windjc]

Good grief. My question is if bitcoin doesn't go down today then will it go down at all short term?

I mean, these are ridicously bearish conditions, holidays, weekend, huge price run up, bearish triangles, mounting asks.

What's it going to take to tame this beast?

All of us are bearish right now very short term but the down trend is a trickle. What is going on bears? You're letting us down!!!

Nobody's selling; that's why! Besides with the new API install arbitrage went to minimum. So; no big moves there yet. I find it extremely useful fact though that this must be one of the (rare) weekends with no dip... An interesting week might follow...

Someone explain to me how an API can stop arbitrage?

[Bitcoines]

http://www.meetup.com/Silicon-Valley-Bitcoin-Users/events/155286912/

http://www.copyediting.com/australian-lexicographers-pick-bitcoin-woty

http://www.vcpost.com/articles/19783/20131214/2014-poised-year-asset-bubbles-report.htm

http://moneymorning.com/2013/12/13/the-strange-numbers-running-the-world-this-week/

[macsga]

Good grief. My question is if bitcoin doesn't go down today then will it go down at all short term?

I mean, these are ridicously bearish conditions, holidays, weekend, huge price run up, bearish triangles, mounting asks.

What's it going to take to tame this beast?

All of us are bearish right now very short term but the down trend is a trickle. What is going on bears? You're letting us down!!!

Nobody's selling; that's why! Besides with the new API install arbitrage went to minimum. So; no big moves there yet. I find it extremely useful fact though that this must be one of the (rare) weekends with no dip... An interesting week might follow...

Someone explain to me how an API can stop arbitrage?

It's been known that a new API from Gox has been installed to the other exchanges as well. This is the first bold move so that the differences between the exchanges is narrowed. Maybe a few bots are in the job for it. It's just a theory but I'm sure you can observe small movements all the time before someone hits the sell or buy button like before. If you have a common API you can predict who's into such an arbitrage move.

Again; just a theory.

[kurious]

Good grief. My question is if bitcoin doesn't go down today then will it go down at all short term?

I mean, these are ridicously bearish conditions, holidays, weekend, huge price run up, bearish triangles, mounting asks.

What's it going to take to tame this beast?

All of us are bearish right now very short term but the down trend is a trickle. What is going on bears? You're letting us down!!!

Nobody's selling; that's why! Besides with the new API install arbitrage went to minimum. So; no big moves there yet. I find it extremely useful fact though that this must be one of the (rare) weekends with no dip... An interesting week might follow...

It ain't over yet, these flat periods have sometimes presaged a little action late on in the small hours, once we've got bored and volume has reduced to a minimal amount.  

It's probably fair to say the only predictable thing about Bitcoin is that it will behave unpredictably...

[macsga]

Good grief. My question is if bitcoin doesn't go down today then will it go down at all short term?

I mean, these are ridicously bearish conditions, holidays, weekend, huge price run up, bearish triangles, mounting asks.

What's it going to take to tame this beast?

All of us are bearish right now very short term but the down trend is a trickle. What is going on bears? You're letting us down!!!

Nobody's selling; that's why! Besides with the new API install arbitrage went to minimum. So; no big moves there yet. I find it extremely useful fact though that this must be one of the (rare) weekends with no dip... An interesting week might follow...

It ain't over yet, these flat periods have sometimes presaged a little action late on in the small hours, once we've got bored and volume has reduced to a minimal amount.  

It's probably fair to say the only predictable thing about Bitcoin is that it will behave unpredictably...

+1
My thoughts exactly...  

On other news:
http://t.co/5PDJE7gPe9

It's gonna be A HELL of a week!

[kurious]

It's been known that a new API from Gox has been installed to the other exchanges as well. This is the first bold move so that the differences between the exchanges is narrowed. Maybe a few bots are in the job for it. It's just a theory but I'm sure you can observe small movements all the time before someone hits the sell or buy button like before. If you have a common API you can predict who's into such an arbitrage move.

Again; just a theory.

Hmmm... Do you remember last weekend the 3 non CNY exchanges were weirdly in sync within about $12 for hours on end on the Sunday - was this anything to do with this - they tracked each other too close for it not to be by design.

Maybe it's nothing to do with it - but it was happening...

[macsga]

It's been known that a new API from Gox has been installed to the other exchanges as well. This is the first bold move so that the differences between the exchanges is narrowed. Maybe a few bots are in the job for it. It's just a theory but I'm sure you can observe small movements all the time before someone hits the sell or buy button like before. If you have a common API you can predict who's into such an arbitrage move.

Again; just a theory.

Hmmm... Do you remember last weekend the 3 non CNY exchanges were weirdly in sync within about $12 for hours on end on the Sunday - was this anything to do with this - they tracked each other too close for it not to be by design.

Maybe it's nothing to do with it - but it was happening...

If you pay attention, you might find answers... well done.

[Dragonkiller]

Good grief. My question is if bitcoin doesn't go down today then will it go down at all short term?

I mean, these are ridicously bearish conditions, holidays, weekend, huge price run up, bearish triangles, mounting asks.

What's it going to take to tame this beast?

All of us are bearish right now very short term but the down trend is a trickle. What is going on bears? You're letting us down!!!

Agree completely. If we're not going down with all these bearish conditions, things are looking very good for when the new year starts.

[kurious]

I see the silk road coins are still under lock and key:

https://blockchain.info/address/1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX

If they become 'seized proceeds of crime' after conviction - do they hit the market at any point....  Silly season question, just curious

[gandhibt]

It's been known that a new API from Gox has been installed to the other exchanges as well. This is the first bold move so that the differences between the exchanges is narrowed. Maybe a few bots are in the job for it. It's just a theory but I'm sure you can observe small movements all the time before someone hits the sell or buy button like before. If you have a common API you can predict who's into such an arbitrage move.

Again; just a theory.

Hmmm... Do you remember last weekend the 3 non CNY exchanges were weirdly in sync within about $12 for hours on end on the Sunday - was this anything to do with this - they tracked each other too close for it not to be by design.

Maybe it's nothing to do with it - but it was happening...

If you pay attention, you might find answers... well done.

Yep I remember that weird sync also.

[kurious]

Friendly warning - Cryptsy is buggy and trades made are debiting the coin but not showing the trade they were aimed at, or buying anything.

AVOID until fixed.  A lot of pissed off people and once the coins go, there is no record of the transaction on the site in open orders or in trades - the money disappears!

I guess they will fix, but who needs to be in the long support ticket queue at Cryptsy?

[Syke]

It's been known that a new API from Gox has been installed to the other exchanges as well.

An API is just an interface. What new data is provided by the API that wasn't available in the past?