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

[N12]

It's because Emptygox doesn't spit out the money it owes its customers.

[Walsoraj]

OK - Gox is 140 up on Huobi / Stamp /BTC-e.

The other three are within a dollar or so of each other and largely not budging much.

I don't get it - this looks very odd to me.

Any credible theories out there?

Definitely not wild speculation and manipulation.

[Ducky1]

OK - Gox is 140 up on Huobi / Stamp /BTC-e.

The other three are within a dollar or so of each other and largely not budging much.

I don't get it - this looks very odd to me.

Any credible theories out there?

Definitely not wild speculation and manipulation.

Its the gox bot (willy?) thats responsible. He eats all the coins at a rate of about 2000/day.

[fonzie]

OK - Gox is 140 up on Huobi / Stamp /BTC-e.

The other three are within a dollar or so of each other and largely not budging much.

I don't get it - this looks very odd to me.

Any credible theories out there?

Definitely not wild speculation and manipulation.

Put your tinfoil hat off. Gox is rock solid, there is no manipulation in Bitcoin land. It´s the only trustworthy instrument to trade out there, everything else is fake ( doge not btw).
Hodl and get rich.

[Ducky1]

Its the gox bot (willy?) thats responsible. He eats all the coins at a rate of about 2000/day.

Btw, i wonder if "willy" might be Etoros bot? They seem to get their coins from mtGox somehow. They have a buy execution every 6 hours, but I havent managed to spot any special buying activity at these times (0:00, 6:00, 12:00, 18:00 GMT). There must be quite a few coins going there?

[T.Stuart]

OK - Gox is 140 up on Huobi / Stamp /BTC-e.

The other three are within a dollar or so of each other and largely not budging much.

I don't get it - this looks very odd to me.

Any credible theories out there?

Definitely not wild speculation and manipulation.

Put your tinfoil hat off. Gox is rock solid, there is no manipulation in Bitcoin land. It´s the only trustworthy instrument to trade out there, everything else is fake ( doge not btw).
Hodl and get rich.

[fonzie]

Its the gox bot (willy?) thats responsible. He eats all the coins at a rate of about 2000/day.

Btw, i wonder if "willy" might be Etoros bot? They seem to get their coins from mtGox somehow. They have a buy execution every 6 hours, but I havent managed to spot any special buying activity at these times (0:00, 6:00, 12:00, 18:00 GMT). There must be quite a few coins going there?

It´s not that hard to see that this bot is obviously buying his own coins, where do you think the 12-18 BTC asks do come from. Do you think someone else is putting always nearly the same amount in Gox orderbook.
There are almost no other trades happenin besides this one. And of course some usual 300 and 500 BTC buys are shared between the 0.01 and the Willy trades.

[T.Stuart]

Its the gox bot (willy?) thats responsible. He eats all the coins at a rate of about 2000/day.

Btw, i wonder if "willy" might be Etoros bot? They seem to get their coins from mtGox somehow. They have a buy execution every 6 hours, but I havent managed to spot any special buying activity at these times (0:00, 6:00, 12:00, 18:00 GMT). There must be quite a few coins going there?

It´s not that hard to see that this bot is obviously buying his own coins, where do you think the 12-18 BTC asks do come from. Do you think someone else is putting always nearly the same amount in Gox orderbook.
There are almost no other trades happenin besides this one. And of course some usual 300 and 500 BTC buys are shared between the 0.01 and the Willy trades.

[dgarcia]

Put your tinfoil hat off. Gox is rock solid, there is no manipulation in Bitcoin land.

No, no. For sure! There is no manipulation...

[fonzie]

Its the gox bot (willy?) thats responsible. He eats all the coins at a rate of about 2000/day.

Btw, i wonder if "willy" might be Etoros bot? They seem to get their coins from mtGox somehow. They have a buy execution every 6 hours, but I havent managed to spot any special buying activity at these times (0:00, 6:00, 12:00, 18:00 GMT). There must be quite a few coins going there?

It´s not that hard to see that this bot is obviously buying his own coins, where do you think the 12-18 BTC asks do come from. Do you think someone else is putting always nearly the same amount in Gox orderbook.
There are almost no other trades happenin besides this one. And of course some usual 300 and 500 BTC buys are shared between the 0.01 and the Willy trades.

 

[T.Stuart]

lol! 

[MatTheCat]

Yup...I came to Bitcoin cos I want a long term investment with meaningful returns.

I am a potential investor (as opposed to trader which I am currently doing), but I simply cannot throw my hard earned fiat at Bitcoin at these prices, in these market conditions, and with these charts.

I shall avoid the temptation to post the classic bubble-new paradigm-final capitulation graphic, but it is so true and I have seen it in so many other asset price graphs, not least of all in precious metals in which I invested and made fantastic initial gains, but because I held and held and held, I am now underwater on across the board. Thank god I did at least get in early enough that I never got completely slaughtered by the turn in the market.

People may argue 'but Bitcoin is different!'

Bullshit, it is just the exact same thing getting played in hyper fast forward mode and even looking to Bitcoin's own history, in the two previous crash scenarios , it took months for events to finally play out with considerably lower prices found after a period relatively stable downtrending.

Yet here we are, with prices basically 80% of the ATH, and everyone thinks everything is all done and dusted and it's all trending followed by inevitable upside from here?

If I could really bring myself to think that, then I would be going all in, long, right now, because that is my ultimate goal......but I aint paying three, or four, or five, or god knows how multiple times more for my Bitcoins than I have to.

[Ducky1]

Its the gox bot (willy?) thats responsible. He eats all the coins at a rate of about 2000/day.

Btw, i wonder if "willy" might be Etoros bot? They seem to get their coins from mtGox somehow. They have a buy execution every 6 hours, but I havent managed to spot any special buying activity at these times (0:00, 6:00, 12:00, 18:00 GMT). There must be quite a few coins going there?

It´s not that hard to see that this bot is obviously buying his own coins, where do you think the 12-18 BTC asks do come from. Do you think someone else is putting always nearly the same amount in Gox orderbook.
There are almost no other trades happenin besides this one. And of course some usual 300 and 500 BTC buys are shared between the 0.01 and the Willy trades.

Well, curiously enough the Gox ask amount has gone down about 3000 coins since Willy started last buying spree, so someone is buying those coins, or do you suggest that coins are being removed? Btw, eToro traders have in the order of 5 billion$ on their trading accounts,

[mmitech]

Yup...I came to Bitcoin cos I want a long term investment with meaningful returns.

I am a potential investor (as opposed to trader which I am currently doing), but I simply cannot throw my hard earned fiat at Bitcoin at these prices, in these market conditions, and with these charts.

I shall avoid the temptation to post the classic bubble-new paradigm-final capitulation graphic, but it is so true and I have seen it in so many other asset price graphs, not least of all in precious metals in which I invested and made fantastic initial gains, but because I held and held and held, I am now underwater on across the bold.

People may argue 'but Bitcoin is different!'

Bullshit, it is just the exact same thing getting played in hyper fast forward mode and even looking to Bitcoin's own history, in the two previous crash scenarios , it took months for events to finally play out with considerably lower prices found after a period relatively stable downtrending.

Yet here we are, with prices basically 80% of the ATH, and everyone thinks everything is all done and dusted and it's all trending followed by inevitable upside from here?

If I could really bring myself to think that, then I would be going all in, long, right now, because that is my ultimate goal......but I aint paying three, or four, or five, or god knows how multiple times more for my Bitcoins than I have to.

good, stay out, and don't come to cry later "If" the price will start rising and you miss the train....

[fonzie]

Btw the orchestrated dump surely comes when it looks bearish....
EW fans say it´s about to skyrocket so no one has to fear a dump right now.
Hodl and get rich. 10000$ Spacebux BTC incomin. Maybe this month

[MatTheCat]

good, stay out, and don't come to cry later "If" the price will start rising and you miss the train....

Depending on how things turn out from here, your name might well get added to the illustrious list of idiots who told me I was making a bit mistake by selling $1100 coins at $1000 range (dont come crying when u are buying back in at $1500 etc).

...and lets face it, if was Dec 6th, and I was selling or going short or whatever, like a broken record player, you would be making the exact same noises wouldn't you (and therefore your not really worth listening to).

Dont deny it cos I can easily check your historical posts.

[dgarcia]

10000$ Spacebux BTC incomin. Maybe this month

delusional.

[windjc]

good, stay out, and don't come to cry later "If" the price will start rising and you miss the train....

Depending on how things turn out from here, your name might well get added to the illustrious list of idiots who told me I was making a bit mistake by selling $1100 coins at $1000 range.

...and lets face it, if was Dec 6th, and I was selling or going short or whatever, like a broken record player, you would be making the exact same noises wouldn't you (and therefore your not really worth listening to).

Dont deny it cos I can easily check your historical posts.

If you don't think that bitcoin has a good chance of having a 100+ billion market cap, then I would get out if I was you. Trying to make short term profits the way you are is borderline insane.

[spooderman]

wow gox been chooing all by itself all day?

[fonzie]

wow gox been chooing all by itself all day?

Rumours say BTC is about to replace Yen in Japan. Emperor Akihito is buying up all the coins. FACT!