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

[mmitech]

and still have some cash on stamp, I will make a deposit just in case bears go wild, although I dont see a major crash/dip that will open my appetite for investing more money...


So what I say is a Screen shot or GTFO...

[mmitech]

Nice work @mmitech! Did something similar but with trading around 40btc... and when the crash was over I traded btc for ltc at ratio 0.02689, now is 0.03148 but I'm waiting for around 0.04 so I will get some extra btc without going to fiat  Pozdrav s Celja   

Lep Pozdrav iz Kranja

[TERA]

My transaction histories are way too scattered with the hundreds of tiny orders I executed against to post something like this.

[NewLiberty]

China (huobi) leading the price movements is not a good indicator. Either it could be fake, or it could be real and then the chinese government can shut it down. Neither would be good news. I would have much preferred to see a recovery without China.

Yeah and I would have much preferred a recovery back in June/July without MtGox and its withdrawal problems, but ironically it was exactly that which gave the market the momentum it needed to get out of the bear market after April. We just have to deal with these things, and at some point China will become irrelevant like the MtGox problems became irrelevant.

We'll it's not a definite fact that mtgox's withdrawal problems were really what was driving the market in June. That may have just been a convenient conspiracy theory to serve as a cover up while what was really driving the price was bulls accumulating coins and deals being struck with offline investors like SecondMarket etc.

Also, the China situation is not the same as the Mtgox situation. It is not simply a fiat withdrawal problem, but also a fiat deposit problem, and eventually a btc deposit/withdraw problem and a trading problem. It is a problem with their government. If their government acts again, it is likely to cause another panic.

Could be, but still people were afraid to sell their coins on MtGox and there was a huge shortage of supply on the ask side there. Other exchanges were too small and insignificant back then to provide a balancing counterweight. So I think it definitely helped to build the bullish momentum. The situation with China is not that different I think. Yes their government could act again and I'm sure it will cause some more panic, but we simply don't know what's going to happen and while this is going on the market is adapting and slowly but surely the situation in China will become less and less relevant and other things will become more important to watch.

"China"

There is selling pressure in China due to regulatory issues.  However, it is easy to get money in to China and BTC out, so any sinosell pressure ends up on all the other exchanges.  This is currently the prevalent pressure on pricing.

As January deadlines draw nearer, this effect can be expected to ease, and even reverse.  (Those leaving the China market due to regulatory issues will have left, and the remainder will be the "strong hands" there.  Folks elsewhere who are on the sidelines waiting for this effect to play out will come in.)

Bad news can only get so bad before it becomes ineffectual so "government acts again, it is likely to cause another panic."  Probably not unless they start tracking and imprisoning folks for using BTC.

[rpietila]

Nice, congrats!

So what I say is a Screen shot or GTFO...

ok..

[T.Stuart]

... that $1300 figure from BoA is more likely a carefully placed psychological wall than the result of intense number crunching.

More likely facile bullshit!

[tutkarz]

Meanwhile I feel I want to divulge some trading from Gox. This account was freshly activated in 13.12. and not used for arbitrage, so it reveals some of my actual trading skill:

SELL-1 13.-16.12.                  -379,997      342 097,075   900,26   
BUY-1 17.-18.12.                  554,946      -323 856,498   583,58   -0,351765657
SELL-2 19.-26.12.                  -972,091      713 878,256   734,37   0,258391254

These are the totals/averages. Given the conditions in the buyback phase BUY-1, I think 584 was a reasonable price, resulting in 50% increase of coins. I bought all the way down and my lowest bids were not hit (hence only 324k invested of the 342k sold). The SELL-2 is now a little underwater but I am prepared to sell more, in fact I did sell 200 at an average 815 a couple days ago.

How are the others doing (in the light of figures, not feelings )?

enjoy your gains but still you can lose all of that when new whale will come in to the town.

[mmitech]

Nice, congrats!

So what I say is a Screen shot or GTFO...

ok..

still don't see the trade history that reflects your post, having money sitting is something and showing that you are a "Pro trader" is another thing , If you will convince me that you believe (and do) as you post, I will post an apology about the past few days (still doesnt mean I will agree with every post of yours)

and BTW, I dont daily trade because I am horrible trader, I managed to do few of good trades (being lucky) and so many bad trades....

[wachtwoord]

Nice, congrats!

So what I say is a Screen shot or GTFO...

ok..

I like Risto's better. All Bitcoin!

[Jomppe]

Nice, congrats!

So what I say is a Screen shot or GTFO...

ok..

still don't see the trade history that reflects your post, having money sitting is something and showing that you are a "Pro trader" is another thing , If you will convince me that you believe (and do) as you post, I will post an apology about the past few days (still doesnt mean I will agree with every post of yours)

and BTW, I dont daily trade because I am horrible trader, I managed to do few of good trades (being lucky) and so many bad trades....

Hint: Reptila is a professional trader.

[prof7bit]

50:50 - always.

[ChartBuddy]

[rpietila]

still don't see the trade history that reflects your post, having money sitting is something and showing that you are a "Pro trader" is another thing ,

In my dictionary "pro"="professional"= somebody who does it for the living, so not necessary good, but in the case of trader, he has to make some additional value compared to b&h. I aim to gain several thousand bitcoins in the period between my initial bearish call in 19.11.2013 and the final capitulation sometime next year by trading full time.

If you will convince me that you believe (and do) as you post, I will post an apology about the past few days

ok.. here are all the trades in that Mt.Gox account that sum up to the figures presented in the above post:

DATE    BTC   USD/BTC   USD
         
13.12.2013 23:16   -8,322   919,89   7 655,75
13.12.2013 23:22   -22,232   919,89   20 451,16
13.12.2013 23:22   -19,445   919,89   17 887,59
13.12.2013 23:56   -10,132   949,00   9 615,37
13.12.2013 23:56   -10,402   949,00   9 871,04
13.12.2013 23:57   -15,445   949,00   14 657,62
13.12.2013 23:59   -12,231   949,00   11 607,08
13.12.2013 23:59   -0,010   949,00   9,59
15.12.2013 16:07   -50,000   899,80   44 990,00
15.12.2013 18:49   -0,881   895,00   788,91
15.12.2013 18:50   -10,000   895,00   8 950,00
15.12.2013 18:51   -0,402   895,00   359,95
15.12.2013 18:52   -0,010   895,00   8,95
15.12.2013 18:52   -0,049   895,00   43,42
15.12.2013 18:56   -6,133   895,00   5 489,33
15.12.2013 19:02   -7,525   895,00   6 734,43
15.12.2013 19:07   -2,036   897,50   1 827,57
15.12.2013 19:08   -0,300   897,50   268,91
15.12.2013 19:16   -22,664   897,50   20 341,01
15.12.2013 23:19   -50,000   924,00   46 200,00
16.12.2013 10:42   -0,957   852,00   814,99
16.12.2013 10:42   -0,200   852,00   170,40
16.12.2013 10:42   -1,155   851,22   983,24
16.12.2013 10:42   -2,000   851,22   1 702,44
16.12.2013 10:42   -0,034   851,14   28,84
16.12.2013 10:42   -0,097   851,11   82,65
16.12.2013 10:42   -0,500   851,10   425,55
16.12.2013 10:42   -0,010   851,07   8,51
16.12.2013 10:42   -0,200   851,05   170,21
16.12.2013 10:42   -0,075   851,03   63,44
16.12.2013 10:42   -0,881   851,02   750,00
16.12.2013 10:42   -2,100   851,01   1 787,12
16.12.2013 10:42   -0,235   851,00   200,00
16.12.2013 10:42   -3,500   851,00   2 978,50
16.12.2013 10:42   -0,097   851,00   82,50
16.12.2013 10:42   -0,200   851,00   170,20
16.12.2013 10:42   -0,890   851,00   757,39
16.12.2013 10:42   -6,870   851,00   5 845,98
16.12.2013 10:45   -4,719   860,00   4 058,64
16.12.2013 10:54   -1,686   860,00   1 449,62
16.12.2013 10:54   -0,044   860,00   37,72
16.12.2013 10:54   -0,600   860,00   516,00
16.12.2013 10:54   -4,173   860,00   3 588,83
16.12.2013 10:55   -2,946   860,00   2 533,15
16.12.2013 10:55   -4,180   860,00   3 594,80
16.12.2013 10:55   -3,944   860,00   3 392,22
16.12.2013 11:23   -4,747   883,00   4 192,00
16.12.2013 11:23   -0,010   883,00   8,83
16.12.2013 11:23   -4,683   883,00   4 134,97
16.12.2013 11:23   -0,010   883,00   8,83
16.12.2013 11:24   -2,879   883,00   2 541,78
16.12.2013 11:24   -0,974   883,00   860,27
16.12.2013 11:27   -6,697   883,00   5 913,33
16.12.2013 16:05   -6,630   842,00   5 582,43
16.12.2013 16:09   -0,020   837,00   16,74
16.12.2013 16:11   -8,149   837,00   6 820,83
16.12.2013 16:11   -0,190   837,00   159,03
16.12.2013 16:12   -1,000   837,00   837,00
16.12.2013 16:13   -0,200   837,00   167,40
16.12.2013 16:13   -0,054   837,00   44,90
16.12.2013 16:15   -0,012   836,00   10,29
16.12.2013 16:15   -0,108   836,00   90,25
16.12.2013 16:16   -19,880   836,00   16 619,46
16.12.2013 16:16   -13,370   842,00   11 257,57
16.12.2013 16:22   -0,072   841,97   60,74
16.12.2013 16:25   -1,814   839,80   1 523,60
16.12.2013 16:27   -8,115   839,80   6 815,38
16.12.2013 16:28   -0,070   839,80   59,02
16.12.2013 16:34   -10,000   839,88   8 398,80
16.12.2013 16:40   -0,010   836,00   8,36
16.12.2013 16:40   -6,996   836,00   5 848,53
16.12.2013 16:50   -9,800   835,00   8 183,00
16.12.2013 16:50   -2,994   836,00   2 503,11
16.12.2013 19:45   0,252   726,00   -182,75
16.12.2013 19:45   0,030   726,00   -21,78
16.12.2013 19:45   6,136   726,00   -4 454,44
16.12.2013 19:45   13,583   726,00   -9 861,03
17.12.2013 13:06   25,000   712,00   -17 800,00
18.12.2013 4:50   30,000   675,00   -20 250,00
18.12.2013 5:39   50,000   651,00   -32 550,00
18.12.2013 6:01   50,000   625,50   -31 275,00
18.12.2013 6:19   50,000   606,00   -30 300,00
18.12.2013 6:19   50,000   601,00   -30 050,00
18.12.2013 7:20   23,306   570,00   -13 284,53
18.12.2013 7:20   20,000   570,00   -11 400,00
18.12.2013 7:20   0,020   570,00   -11,40
18.12.2013 7:20   2,038   570,00   -1 161,49
18.12.2013 7:21   0,100   570,00   -57,00
18.12.2013 7:21   4,536   570,00   -2 585,58
18.12.2013 8:09   22,137   552,00   -12 219,73
18.12.2013 8:09   0,084   552,00   -46,19
18.12.2013 8:09   25,097   552,00   -13 853,77
18.12.2013 8:09   1,000   552,00   -552,00
18.12.2013 8:09   0,363   552,00   -200,55
18.12.2013 8:09   0,238   552,00   -131,12
18.12.2013 8:10   1,081   552,00   -596,65
18.12.2013 8:17   19,674   555,01   -10 919,40
18.12.2013 8:18   8,881   558,01   -4 955,61
18.12.2013 8:18   21,119   558,01   -11 784,69
18.12.2013 8:18   10,326   555,01   -5 730,90
18.12.2013 8:20   30,000   555,01   -16 650,30
18.12.2013 8:20   30,000   550,97   -16 529,10
18.12.2013 8:31   11,000   528,10   -5 809,10
18.12.2013 8:31   2,000   528,10   -1 056,20
18.12.2013 8:32   7,000   528,10   -3 696,70
18.12.2013 10:19   20,000   494,00   -9 880,00
18.12.2013 10:58   0,526   471,11   -247,89
18.12.2013 10:58   19,474   471,11   -9 174,31
18.12.2013 11:01   20,000   457,11   -9 142,20
19.12.2013 10:56   -13,370   666,00   8 904,42
19.12.2013 10:56   -36,045   670,00   24 150,27
19.12.2013 10:56   -2,000   670,00   1 340,00
19.12.2013 10:56   -1,049   670,00   702,91
19.12.2013 10:56   -0,056   670,00   37,52
19.12.2013 10:56   -0,025   670,00   16,73
19.12.2013 10:57   -9,645   670,00   6 462,05
19.12.2013 10:57   -0,010   670,00   6,70
19.12.2013 10:57   -8,108   670,00   5 432,39
19.12.2013 10:57   -1,000   670,00   670,00
19.12.2013 10:57   -5,000   670,00   3 350,00
19.12.2013 10:57   -1,000   670,00   670,00
19.12.2013 10:58   -1,000   670,00   670,00
19.12.2013 10:58   -8,090   670,00   5 420,17
19.12.2013 10:58   -2,000   670,00   1 340,00
19.12.2013 10:59   -1,972   670,00   1 321,27
19.12.2013 11:11   -69,651   680,00   47 362,56
19.12.2013 11:11   -5,198   680,00   3 534,59
19.12.2013 11:12   -0,118   680,00   80,10
19.12.2013 11:12   -2,033   680,00   1 382,74
19.12.2013 11:40   -7,028   690,00   4 849,52
19.12.2013 11:40   -12,400   690,00   8 556,00
19.12.2013 11:47   -57,572   690,00   39 724,48
19.12.2013 11:52   -77,000   700,00   53 900,00
19.12.2013 11:54   -6,561   710,00   4 658,52
19.12.2013 11:54   -0,150   710,00   106,50
19.12.2013 11:54   -12,888   710,00   9 150,70
19.12.2013 11:54   -20,000   710,00   14 200,00
19.12.2013 11:54   -21,711   710,00   15 414,97
19.12.2013 11:54   -0,200   710,00   142,00
19.12.2013 11:54   -4,582   710,00   3 253,53
19.12.2013 11:54   -1,000   710,00   710,00
19.12.2013 11:55   -9,907   710,00   7 033,78
19.12.2013 23:08   -22,315   720,00   16 066,90
19.12.2013 23:08   -54,685   720,00   39 373,10
19.12.2013 23:12   -77,000   730,00   56 210,00
19.12.2013 23:18   -77,000   740,00   56 980,00
20.12.2013 4:42   -77,000   750,00   57 750,00
20.12.2013 5:31   -7,293   760,00   5 542,34
20.12.2013 5:31   -0,062   760,00   47,02
20.12.2013 5:31   -58,366   760,00   44 358,48
26.12.2013 17:38   -100,000   809,98   80 998,00
26.12.2013 19:12   -2,853   819,98   2 339,64
26.12.2013 19:12   -1,788   819,98   1 466,25
26.12.2013 19:12   -95,359   819,98   78 192,11

(still doesnt mean I will agree with every post of yours)

Well, that I do not require even from my employees...

and BTW, I dont daily trade because I am horrible trader, I managed to do few of good trades (being lucky) and so many bad trades....

Being full time does not mean to trade daily. I can quite well feed my family with a couple of trades per year, provided that they are (mostly) right. That is why I am so fascinated about the trendline, it is like an invisible hand that turns the probabilities in your favor by presenting a low risk exit point. Then just adjust the buyback to fit your risk/reward preference. I never sell a majority of the coins so I can in the extreme case wait forever the buyback. Of course I would rather that it come before March as I calculated, estimated, predicted and hope.

[Blue]

I have been watching closely for three weeks now - but still the paint ain´t dry !

(just my eyes and mouth...)

[mmitech]

I think you didn't understand what I asked for, I can post a made up data as well, I can tell from a screen shot whether you really do and believe what you post here (short term) around, or you are just a troll and try to move sentiment to your desired position.... because you act as a consultant and a trading adviser...

I will still ow you an apology if you prove me wrong, I have no problem admitting my weakness/mistakes if they are pointed out with a prove.


and BTW what is that proxy image thing !!?

Edit: my uploads has been deleted, I cant find them on imgur !!!

[ag@th0s]

Never seen it mentioned here, so just throwing this out, but what happens when the *kids* discover crypto? That's my take on doge - it might not be the one that does it, but if there aren't thousands of proto geeks mining doge at the moment I'd be amazed. All the things we love about bitcoin apply in the playground - it's going to be the next wave of adoption.

[mmitech]

Never seen it mentioned here, so just throwing this out, but what happens when the *kids* discover crypto? That's my take on doge - it might not be the one that does it, but if there aren't thousands of proto geeks mining doge at the moment I'd be amazed. All the things we love about bitcoin apply in the playground - it's going to be the next wave of adoption.

how much is the network hashrate of doge now anyways ? 

[wachtwoord]

Never seen it mentioned here, so just throwing this out, but what happens when the *kids* discover crypto? That's my take on doge - it might not be the one that does it, but if there aren't thousands of proto geeks mining doge at the moment I'd be amazed. All the things we love about bitcoin apply in the playground - it's going to be the next wave of adoption.

how much is the network hashrate of doge now anyways ? 

26.6 GH/s https://vircurex.com/

[mmitech]

Never seen it mentioned here, so just throwing this out, but what happens when the *kids* discover crypto? That's my take on doge - it might not be the one that does it, but if there aren't thousands of proto geeks mining doge at the moment I'd be amazed. All the things we love about bitcoin apply in the playground - it's going to be the next wave of adoption.

how much is the network hashrate of doge now anyways ?  

26.6 GH/s https://vircurex.com/

wow look at this

Litecoin : ~92 GH





Fathercoin ~ 6 GH




Dogecoin ~ 27 GH




the world is going crazy over this...

[rpietila]

I think you didn't understand what I asked for, I can post a made up data as well, I can tell from a screen shot whether you really do and believe what you post here (short term) around, or you are just a troll and try to move sentiment to your desired position.... because you act as a consultant and a trading adviser...

As you should understand by now, by checking how long it takes for me to enter and exit a trade (from the valuable info I posted which - properly analyzed - would greatly boost your skills also), I cannot offer such a service which wakes up all small traders at the instant I make a move  

Besides I don't understand this consultant thing, I haven't sold such services for years really, nor intend to. All the contribution here is free and buyer beware, as with everybody else's. I honestly believe that people should pay more attention to the opinions of successful people, and have taken some provocations as opportunities to show proof of the success. This is a second time (only) that I have posted a complete record of trades in the ballpark of BTC1k, and will remain so. Keep your apology if you want, and believe it will earn you better karma. I will not put you on ignore, because I like your posts, but I will kindly ask you to ignore me as you seemingly cannot take my facts as they are and develop a conversation based on them.

If anyone wonders why my post quality is so low in this thread, it is not because of my lack of willingness to contribute, it is because mainly the fools reply to my posts and the smart people do not pick the ball.