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

[XxionxX]

This is why I tell people bitcoin will succeed. Any amount can be moved around the world in minutes. While I'm on the phone for hours with "personal bankers" who are supposed to be there for you 24/7, and still can't get a wire into any exchange in a timely fashion. This is my money, and my clients money, we should be able to move it wherever we want. We're talking 10s of millions, not some small transfer where they'll screw around with you for calling late at night.

ughhh who are you again?

someone who owns like 100k BTC or so..

yeah.,.... right

Not sure if sarcastic or you have no idea how bitcoin works.

[seleme]

This is why I tell people bitcoin will succeed. Any amount can be moved around the world in minutes. While I'm on the phone for hours with "personal bankers" who are supposed to be there for you 24/7, and still can't get a wire into any exchange in a timely fashion. This is my money, and my clients money, we should be able to move it wherever we want. We're talking 10s of millions, not some small transfer where they'll screw around with you for calling late at night.

ughhh who are you again?

someone who owns like 100k BTC or so..

yeah.,.... right

Can I lol ?

He can easily manipulate the market at any point of time if he wants, with those 80,000 BTC  
Why don't you sell half of your coins right now, we want cheap coins  

Nope that balance is empty. He sent to an address that has 40k now.....

Yeah this is why i loled at you guys.

Oh yeah, you're right. But his overall balance is surely not empty.

[seriouscoin]

This is why I tell people bitcoin will succeed. Any amount can be moved around the world in minutes. While I'm on the phone for hours with "personal bankers" who are supposed to be there for you 24/7, and still can't get a wire into any exchange in a timely fashion. This is my money, and my clients money, we should be able to move it wherever we want. We're talking 10s of millions, not some small transfer where they'll screw around with you for calling late at night.

ughhh who are you again?

someone who owns like 100k BTC or so..

yeah.,.... right

Not sure if sarcastic or you have no idea how bitcoin works.

i'm a noob
 

[Loaded]

One thing bitcoin needs badly right now is a leveraged trading market with real capital. Bitfinex and Icbit are useless to us because a single margin deposit is likely to exceed their available funds.

[traderCJ]

Ok, we've been stable for 20 minutes. Time to go all honey badger again.

there have been many of these moments lately. I'll chill the fuck out when someone buy 2.5k coins in a single buy.

also to the doom and gloom about China.. why don't we wait for them to actually say something. We know they were asked to stop using third party deposit systems and Chinese companies love to self censor so we just need to let them show us what their Government decided was the new way to deposit as well if they do.

That's just the thing.  The Chinese gov't announces very little.  What they do behind the scenes is another story.

[barbs]

chinese just pulled the most epic pump and dump of all time.

[seriouscoin]

This is why I tell people bitcoin will succeed. Any amount can be moved around the world in minutes. While I'm on the phone for hours with "personal bankers" who are supposed to be there for you 24/7, and still can't get a wire into any exchange in a timely fashion. This is my money, and my clients money, we should be able to move it wherever we want. We're talking 10s of millions, not some small transfer where they'll screw around with you for calling late at night.

ughhh who are you again?

someone who owns like 100k BTC or so..

yeah.,.... right

Can I lol ?

He can easily manipulate the market at any point of time if he wants, with those 80,000 BTC  
Why don't you sell half of your coins right now, we want cheap coins  

Nope that balance is empty. He sent to an address that has 40k now.....

Yeah this is why i loled at you guys.

Oh yeah, you're right. But his overall balance is surely not empty.

How do you know he own the other address? Can you stop making me laugh? or you just dont know how bitcoins work?

Its like the some idiots complaining there are 927 PEOPLE own >50% of bitcoin.

[mb300sd]

This is why I tell people bitcoin will succeed. Any amount can be moved around the world in minutes. While I'm on the phone for hours with "personal bankers" who are supposed to be there for you 24/7, and still can't get a wire into any exchange in a timely fashion. This is my money, and my clients money, we should be able to move it wherever we want. We're talking 10s of millions, not some small transfer where they'll screw around with you for calling late at night.

ughhh who are you again?

someone who owns like 100k BTC or so..

yeah.,.... right

Can I lol ?

He can easily manipulate the market at any point of time if he wants, with those 80,000 BTC   
Why don't you sell half of your coins right now, we want cheap coins 

Nope that balance is empty. He sent to an address that has 40k now.....

Yeah this is why i loled at you guys.

Oh yeah, you're right. But his overall balance is surely not empty.

How do you know he own the other address? Can you stop making me laugh? or you just dont know how bitcoins work?

Its like the same idiots complaining there are 927 PEOPLE own >50% of bitcoin.

Hes signed messages with that address as well.

http://www.reddit.com/r/Bitcoin/comments/1p6lnq/i_am_loaded_of_bitcointalkorg_ama/

[macsga]

There WAS inside info for the fall. Risto has mentioned it here; but nobody listens to him... BTW: WTF is he? Still buying cheap coins?  

[seleme]

One thing bitcoin needs badly right now is a leveraged trading market with real capital. Bitfinex and Icbit are useless to us because a single margin deposit is likely to exceed their available funds.

That's probably something being built as we speak. When big money enters the game, specially Wall Street one, they'll require that kind of trading as they are used to it.

[User705]

One thing bitcoin needs badly right now is a leveraged trading market with real capital. Bitfinex and Icbit are useless to us because a single margin deposit is likely to exceed their available funds.

How would that solve the volatility issue?  If anything it will create more of it by putting in more capital bottlenecks.  The very same ones you are having issues with right now.

[Salivan]

this time we are chined chinaxed ??

[seleme]

This is why I tell people bitcoin will succeed. Any amount can be moved around the world in minutes. While I'm on the phone for hours with "personal bankers" who are supposed to be there for you 24/7, and still can't get a wire into any exchange in a timely fashion. This is my money, and my clients money, we should be able to move it wherever we want. We're talking 10s of millions, not some small transfer where they'll screw around with you for calling late at night.

ughhh who are you again?

someone who owns like 100k BTC or so..

yeah.,.... right

Can I lol ?

He can easily manipulate the market at any point of time if he wants, with those 80,000 BTC   
Why don't you sell half of your coins right now, we want cheap coins 

Nope that balance is empty. He sent to an address that has 40k now.....

Yeah this is why i loled at you guys.

Oh yeah, you're right. But his overall balance is surely not empty.

How do you know he own the other address? Can you stop making me laugh? or you just dont know how bitcoins work?

Its like the same idiots complaining there are 927 PEOPLE own >50% of bitcoin.

Hes signed messages with that address as well.

http://www.reddit.com/r/Bitcoin/comments/1p6lnq/i_am_loaded_of_bitcointalkorg_ama/

Thanks, tired of quoting this one 

[jl2012]

Things look similar to April.

On 12 Apr 12pm (UTC, same below), it made the first low at $54.25 (gox), or 1.70x of the last ATH of $32

Then on 16 Apr (Tuesday) 7am, it made a lower low at $50.01, or 1.56x of the last ATH, or 0.92x of the previous low. This is also the all time low so far.


On 7 Dec 7am, it made the first low at $542.38 (bitstamp), or 2.04x of the last ATH of $266

Then today, on 18 Dec (Wednesday) 8am, it made a lower low at $473.01, 1.78x of the last ATH, or 0.87x of the previous low

Do the underlined figures look very similar?

For those who stayed here long enough should remember what happened after the $50.01 low. If the history will repeat, US people will decide to buy when they wake up.

[mb300sd]

One thing bitcoin needs badly right now is a leveraged trading market with real capital. Bitfinex and Icbit are useless to us because a single margin deposit is likely to exceed their available funds.

How would that solve the volatility issue?  If anything it will create more of it by putting in more capital bottlenecks.  The very same ones you are having issues with right now.

Its pretty obvious he wants to buy right now, but has no funds. With leverage he could use coins to buy coins and volatility during a crash is reduced by large bids and buys.

[hmmmstrange]

One thing bitcoin needs badly right now is a leveraged trading market with real capital. Bitfinex and Icbit are useless to us because a single margin deposit is likely to exceed their available funds.

I will move to China and follow Bobby around with a briefcase full of cash for you. My fee per day would be less then what you consider bitcoin dust.

[Ivanhoe]

One thing bitcoin needs badly right now is a leveraged trading market with real capital. Bitfinex and Icbit are useless to us because a single margin deposit is likely to exceed their available funds.

That's probably something being built as we speak. When big money enters the game, specially Wall Street one, they'll require that kind of trading as they are used to it.

Those things are being build as we speak. Don't worry guys lots and lots of cool projects lining up, i can assure you that. The recovery gives us plenty of time to work on this. Bitcoin is far from dead, maybe just temporary for speculators

[crazy_rabbit]

One thing bitcoin needs badly right now is a leveraged trading market with real capital. Bitfinex and Icbit are useless to us because a single margin deposit is likely to exceed their available funds.

WALL STREET! SAVE US FROM OURSELVES!

[macsga]

Things look similar to April.

On 12 Apr 12pm (UTC, same below), it made the first low at $54.25 (gox), or 1.70x of the last ATH of $32

Then on 16 Apr (Tuesday) 7am, it made a lower low at $50.01, or 1.56x of the last ATH, or 0.92x of the previous low. This is also the all time low so far.


On 7 Dec 7am, it made the first low at $542.38 (bitstamp), or 2.04x of the last ATH of $266

Then today, on 18 Dec (Wednesday) 8am, it made a lower low at $473.01, 1.78x of the last ATH, or 0.87x of the previous low

Do the underlined figures look very similar?

For those who stayed here long enough should remember what happened after the $50.01 low. If the history will repeat, US people will decide to buy when they wake up.

Now wouldn't it be funny?

*Excellent observation... My compliments

[seriouscoin]

One thing bitcoin needs badly right now is a leveraged trading market with real capital. Bitfinex and Icbit are useless to us because a single margin deposit is likely to exceed their available funds.

How would that solve the volatility issue?  If anything it will create more of it by putting in more capital bottlenecks.  The very same ones you are having issues with right now.

Its pretty obvious he wants to buy right now, but has no funds. With leverage he could use coins to buy coins and volatility during a crash is reduced by large bids and buys.

exactly.... ppl think leveraged is bad.... its actually increase capitals to reduce volatility.

Notice how its not as bad as previous crashes?