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

[mmitech]

WTF another Block and my transaction still not included !!!!! I didn't pay any fee thought....I missed 610 and 600 and now it is 592.... F#$% the free transaction  

So you saved $0.06 and lost hundreds or thousands?  

software didnt offer the option to pay fee, he said

I wasnt trying to be cheap the client didnt ask me for paying a fee because I met the conditions of free transaction, but it seems that there were other transactions with more priority


 Technical info

Transaction priority is calculated as a value-weighted sum of input age, divided by transaction size in bytes:

priority = sum(input_value_in_base_units * input_age)/size_in_bytes

Transactions need to have a priority above 57,600,000 to avoid the enforced limit (as of client version 0.3.21). This threshold is written in the code as COIN * 144 / 250, suggesting that the threshold represents a one day old, 1 btc coin (144 is the expected number of blocks per day) and a transaction size of 250 bytes.

So, for example, a transaction that has 2 inputs, one of 5 btc with 10 confirmations, and one of 2 btc with 3 confirmations, and has a size of 500bytes, will have a priority of

(500000000 * 10 + 200000000 * 3) / 500 = 11,200,000

[Xiaoxiao]

So now everyone is agreeing that SELL is the thing? Sounds like someone is being manipulated..

I would argue that it is good analysis. As the buys and bullishness was fading off... didn't understand last part you said

[granathus]

So now everyone is agreeing that SELL is the thing? Sounds like someone is being manipulated..

I would argue that it is good analysis. As the buys and bullishness was fading off... didn't understand last part you said

I'm just saying that if playing and winning the Bitcoin day trade game was as easy as following the herd blindly, we would all be filthy rich.

[granathus]

Also, why would Rpietila put extra selling pressure on Gox, while waiting for his BTC to be confirmed?

[UnDerDoG81]

So now everyone is agreeing that SELL is the thing? Sounds like someone is being manipulated..

yep, i know, but i don't say anything because im a greedy bastard (except i said this)

Any reason why to sell? Source? Anything? Or just a feeling? 

[tutkarz]

Also, why would Rpietila put extra selling pressure on Gox, while waiting for his BTC to be confirmed?

I was this in mind when I was asking my question, I just don't understand why Loaded would inform others that he is going to large buy for his client, in order to make price even higher before he will buy? I don't get it

[granathus]

Also, why would Rpietila put extra selling pressure on Gox, while waiting for his BTC to be confirmed?

I was this in mind when I was asking my question, I just don't understand why Loaded would inform others that he is going to large buy for his client, in order to make price even higher before he will buy? I don't get it

If it looks like you are being manipulated, and it smells like you are being manipulated and it sounds like you are being manipulated....

You are probably being manipulated 

[rpietila]

Also, why would Rpietila put extra selling pressure on Gox, while waiting for his BTC to be confirmed?

It's not a big deal really, but good thing is that now it's cleared. I'm just maybe starting to believe my own Elliott Wave interpretation and not sell...  

[ChartBuddy]

[granathus]

Also, why would Rpietila put extra selling pressure on Gox, while waiting for his BTC to be confirmed?

It's not a big deal really, but good thing is that now it's cleared. I'm just maybe starting to believe my own Elliott Wave interpretation and not sell...  

You hear that cattle herd, HOLD HOLD! 

[UnDerDoG81]

Cmonnnn BTC-E, I set an order @577 yesterday morning and we missed it twice because of ~$5 so now, cmon this time  

[flynn]

I dont feel too good about selling at M15 tripple bottom, maybe i am retarded, we ll see.

+1

[gandhibt]

So now everyone is agreeing that SELL is the thing? Sounds like someone is being manipulated..

yep, i know, but i don't say anything because im a greedy bastard (except i said this)

Any reason why to sell? Source? Anything? Or just a feeling? 

- broke support at 600
- red volume has been consistent for a while
- this rise from low 380 has been fast with low volume (typical bounce)

i might be wrong ofc

[Xiaoxiao]

So now everyone is agreeing that SELL is the thing? Sounds like someone is being manipulated..

yep, i know, but i don't say anything because im a greedy bastard (except i said this)

Any reason why to sell? Source? Anything? Or just a feeling? 

Look at 4 hour charts for ALL exchanges.

[MicroFi]

Why are people still selling?
Look at that tidal wave of bid orders + triple bottom!

Am I missing something?

[granathus]

Why are people still selling?
Look at that tidal wave of bid orders + triple bottom!

Am I missing something?

Rpietila said he was selling. Stop asking questions!

[wachtwoord]

Why are people still selling?
Look at that tidal wave of bid orders + triple bottom!

Am I missing something?

Rpietila said he was selling. Stop asking questions!

Didn't he say he bought back and is thinking of holding? (not that it matters)

[gandhibt]

(have to add thou that when rpietila says hes selling, that's a bullish sign)

[MicroFi]

Why are people still selling?
Look at that tidal wave of bid orders + triple bottom!

Am I missing something?

Rpietila said he was selling. Stop asking questions!

 

[Mirsad]

Why are people still selling?
Look at that tidal wave of bid orders + triple bottom!

Am I missing something?

Bottom is far away. China bought a crapload of coins. They need to sell them till jan 31 and they will.
I would not advise to keep 100% btc.