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

[theonewhowaskazu]

The gox rally is bizarre and artificial. No reason to increase therefore it will crash down like it skyrocketed up in a few minutes

What was bizarre and artificial was the crash. What could possibly be more artificial than a 500% spread? But don't worry, it'll be even more artificial soon, possibly $500 ABOVE the bitstamp price if withdraws are opened without any limits, lol.

[FTWbitcoinFTW]

BTC : You can still withdraw up to 100.00000000 BTC provided you have enough on your account (your limit is 100.00000000 BTC per 24 hours )
    EUR : You can still withdraw up to 1,000.00000 € provided you have enough on your account (your limit is 1,000.00000 € per 24 hours and 10,000.00000 € per 30 days)

THIS

Gox has bitcoins, money, all is fine

All FUDer gone, rally is ON !

[jonoiv]

http://postimg.org/image/fc03hwimh/

Can't even log into gox !!!   it just hangs and comes up with some foreign words instead of login

[surfer43]

The gox rally is bizarre and artificial. No reason to increase therefore it will crash down like it skyrocketed up in a few minutes

What was bizarre and artificial was the crash. What could possibly be more artificial than a 500% spread?

I went offline for 10 minutes to find the price to have increased by 50% 
Hoping it goes back so I can buy in again

[Richy_T]

Am i the only one who finds this highly annoying:
Warning - while you were typing a new reply has been posted. You may wish to review your post.

Perhaps you should put it on ignore.

You can ignore that message?

Just being facetious. But you can turn it off apparently.

[surfer43]

Am i the only one who finds this highly annoying:
Warning - while you were typing a new reply has been posted. You may wish to review your post.

Wow, thanks. I actually do find it annoying. Didn't realize it could be switched off.

I for one enjoy it. What if someone already answered the question you were answering?  

[Richy_T]

Wow, was getting an itch to buy in the last hour. Should have jumped on it.

[yrtrnc]

TIMBERRR

[BitsGone]

Update on request: two users have indicated bitcoinbuilder transactions do not show up on the block chain.
Edit: Proof part #2:
Confirmed withdrawal is confirmed :-) In this pastebin I posted earlier as preparation for hard proof, this transaction was included, and that transaction is now gone from the mtgox tx feed, but it's sitting on the block chain as confirmed!

http://www.reddit.com/r/Bitcoin/comments/1ymb4r/some_light_on_the_horizon_for_gox/

[Rantzbitz]

In the midst of all of this.... how is bitcoin any more volatile than regular old stocks?
https://www.google.com/finance?cid=672501

I've posted this more than once, but it's always relevant: Why Bitcoin's Growth is Normal
Bitcoin is volatile because of the low market cap. It behaves like a pre-IPO stock, and those who are used to investing in pre-IPO stocks are also used Bitcoin-like volatility. But that's also where the big profits are.. once a stock hits IPO, it's already too late.. no more 100-1000x gains. That's why Bitcoin is so special.. it allows non accredited investors to get the pre-IPO experience. Very democratic in that way.

great vid!

[Richy_T]

I for one enjoy it. What if someone already answered the question you were answering?  

I always answer it better

[surfer43]

Wow. In 24 hours: 100 to 160 to 97 to 140 to 230 to 270 to 230 to 270 to 200... Now we are going back to the 100's  

[aminorex]

In the midst of all of this.... how is bitcoin any more volatile than regular old stocks?
https://www.google.com/finance?cid=672501

Umm....numerically?

I mean, in the sense that sigma(p_btc(t)) > sigma(p_nflx(t))

[surfer43]

FUD! Bitcoin crashes below $200 - over a 40% decrease in price
Bitcoin fluctuates 50% every 15 minutes - definition of Volatility

[EuroTrash]

BTC : You can still withdraw up to 100.00000000 BTC provided you have enough on your account (your limit is 100.00000000 BTC per 24 hours )
    EUR : You can still withdraw up to 1,000.00000 € provided you have enough on your account (your limit is 1,000.00000 € per 24 hours and 10,000.00000 € per 30 days)

THIS

Gox has bitcoins, money, all is fine

All FUDer gone, rally is ON !

boy are you full of shit. Seriously. For f's sake!
Those are the same limits as before, for a verified standard account (EDIT: corrected).

If you have real news please bring them on the table.

[surfer43]

What to do when something goes up in value over 70% in less than a minute?

Sell 

[ShroomsKit]

So it's clear Stamp continues to follow Gox with every move it makes. How sad is this. Nothing has changed. If Gox enables withdrawing again Everybody will continue to use them and Mark will manage to make Bitcoin crash again because the other exchanges will follow Gox going down.

[MANofthePEOPLE]

What to do when something goes up in value over 70% in less than a minute?

Sell 

I think it might end up expensive shorting this rally, not even gonna try this time.

[RicePicker]

I am pretty sure this rally occurred because of the 6h MCAD crossover. Every time there is a crossover there seems to always be a rally associated with something FUD.  

[surfer43]

Holy shit. I am speechless. Gox literally went from 270 to 200 to 260 to 240 to 260+ to 230 to 260 in 3 fucking minutes