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

[magicmexican]

What are the changes we'll get that gox update on monday?

nobody promised update on monday

[SilverandBitcoins]

Many on this thread and a couple of other forum threads have accurately called/predicted this price pull/back.  How do they do it?  Are they basing their forcasts on past performance of Bitcoin and charts?

[biafore]

What are the changes we'll get that gox update on monday?

Well its Monday morning in Japan already, don't you think if they had good news, it would be released first thing in the morning?

[billyjoeallen]

End of Chinese Slumber Stuff.  Stop skipping posts.

Jorge, please tell all your friends especially in Latin America (Bitcoin's final frontier) to sell all they own and put it into Bitcoin. I just learned it's going to go up 1000X. Just between us, buddy. Shhh....
http://www.bit-sky.com/index.php/english/370-chinese-corrupted-officers-will-push-bitcoin-price-up-1000-times

All joking aside, I imagine the outgoing Ukrainian officials are wishing they had parked more of their wealth in crypto.

[Yololintian]

What are the changes we'll get that gox update on monday?

Well its Monday morning in Japan already, don't you think if the had good news, it would be released first thing in the morning?

No I don't and I don't care if its bad news or good really. They always wait till the end of the day, around 7-7:30 p.m
Japan time.

[biafore]

People are threatening lawsuits? wouldn't you issue a statement- if you had good news

[dreamspark]

What are the changes we'll get that gox update on monday?

Well its Monday morning in Japan already, don't you think if they had good news, it would be released first thing in the morning?

No tbh. They seem to like 7pm announcements.

[ChartBuddy]

Explanation

[adamstgBit]

why do poeple seem to think an update is coming?

What are the changes we'll get that gox update on monday?

nobody promised update on monday

this

and the next update will be that withdrawals are back on a limited basis, then thanks to  bobthebuilder everyone will bypass the withdrawals limits, then thousands of accounts will request the max daily limit for days on end, and..... it all gone! 

[biafore]

Because they have their money locked into gox... No news is bad news, time to short = big time

[flynn]

Morning in Japan Fakaer http://www.youtube.com/watch?v=L6ywt7VnEw8

[hyphymikey]

Because they have their money locked into gox... No news is bad news, time to short = big time

How do you short MtGox?  Shorting anywhere else would be risky right now.

[hdbuck]

What are the changes we'll get that gox update on monday?

Well its Monday morning in Japan already, don't you think if they had good news, it would be released first thing in the morning?

No tbh. They seem to like 7pm announcements.

Mark is just a vicious little fatty scumbag that pretty much enjoys playing all of us. It is just his way of satisfying himself and i expect he wont stop it any time soon. He just loves to mess with us and Bitcoin. It makes him feel he is God. And with all that fuss around him, with people travelling around the world to see him, we may actually prove his point...

[billyjoeallen]

Many on this thread and a couple of other forum threads have accurately called/predicted this price pull/back.  How do they do it?  Are they basing their forcasts on past performance of Bitcoin and charts?

It's easy. Here, I'll do it again: After the next rally, there will be a pullback.

See how easy that was? It's a gift, really. I need to be on CNBC.

[hdbuck]

Because they have their money locked into gox... No news is bad news, time to short = big time

uhhh that would imply news is good news.. and last time we had news was just "non-news".. and it clearly was a good time to short considering the drop that followed.

So news or not.. just short people!!

[theonewhowaskazu]

Because they have their money locked into gox... No news is bad news, time to short = big time

How do you short MtGox?  Shorting anywhere else would be risky right now.

btc.sx

[Vycid]

Many on this thread and a couple of other forum threads have accurately called/predicted this price pull/back.  How do they do it?  Are they basing their forcasts on past performance of Bitcoin and charts?

Large sample size + confirmation bias

There are just as many bad calls around here as good ones, as would be expected.

[JorgeStolfi]

What are the changes we'll get that gox update on monday?

On the first press release by MtGOX (Feb/10) the price at Huobi fell permanently by ~350 yuan (about 50 dollars).

On the second update (Feb/20) it fell again by ~350 yuan, but appears to have recovered over the last four days.

Are you sure you want another MtGOX update tomorrow?

[SilverandBitcoins]

Many on this thread and a couple of other forum threads have accurately called/predicted this price pull/back.  How do they do it?  Are they basing their forcasts on past performance of Bitcoin and charts?

Large sample size + confirmation bias

There are just as many bad calls around here as good ones, as would be expected.

The posters in the rpietila thread seem pretty confident in what they are predicting and have been pretty accurate as far as I can tell.

[adamstgBit]

Many on this thread and a couple of other forum threads have accurately called/predicted this price pull/back.  How do they do it?  Are they basing their forcasts on past performance of Bitcoin and charts?

Large sample size + confirmation bias

There are just as many bad calls around here as good ones, as would be expected.

The posters in the rpietila thread seem pretty confident in what they are predicting and have been pretty accurate as far as I can tell.

what do they predict as the bottom?