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

[tailor]

seven btcusd spikes

WTF, aminorex?!?!

No dinosaurs. No lines. No analysis predicting $20,000 or $0.20 within days. Hardly the calibre of material expected on this thread.

[Searing]

seven btcusd spikes

WTF, aminorex?!?!

No dinosaurs. No lines. No analysis predicting $20,000 or $0.20 within days. Hardly the calibre of material expected on this thread.

pondering pondering...hmmmm..the ways of skynet are mysterious...which way to go in order to confound the puny carbon based humans....

the ways of bitcoin are devious

[ag@th0s]

By the way, if you find it hard to believe that a man in the situation of Dorian Nakamoto could invent bitcoin and not cash out a single coin: check Grigori Perelman, who settled the Poincaré Conjecture and then turned down the Fields Medal and a 1,000,000 US$ prize:

https://en.wikipedia.org/wiki/Grigori_Perelman
http://brettforrest.com/articles/shattered-genius/

I too think it is him.

... It's much more likely SN is Nick Szabo ...

+1 for Szabo - who knows, but he's my lead candidate

[droptable]

By the way, if you find it hard to believe that a man in the situation of Dorian Nakamoto could invent bitcoin and not cash out a single coin: check Grigori Perelman, who settled the Poincaré Conjecture and then turned down the Fields Medal and a 1,000,000 US$ prize:

https://en.wikipedia.org/wiki/Grigori_Perelman
http://brettforrest.com/articles/shattered-genius/

I too think it is him.

... It's much more likely SN is Nick Szabo ...

+1 for Szabo - who knows, but he's my lead candidate

+1
since i read this article: https://likeinamirror.wordpress.com/2013/12/01/satoshi-nakamoto-is-probably-nick-szabo/
its science b...

//edit: ore more correct: SN is Szabo and Finney

[tailor]

I am in very good health.  And I am not Dorian Nakamoto.

Aminorex is not Dorian Nakamoto.

That can only he mean he's Satoshi Nakamoto.  Now I just need to fit the lines to the data and draw a dinosaur, and I'll have definitive proof.

[el_rlee]

By the way, if you find it hard to believe that a man in the situation of Dorian Nakamoto could invent bitcoin and not cash out a single coin: check Grigori Perelman, who settled the Poincaré Conjecture and then turned down the Fields Medal and a 1,000,000 US$ prize:

https://en.wikipedia.org/wiki/Grigori_Perelman
http://brettforrest.com/articles/shattered-genius/

He still lives with his mother...

[gentlemand]

I assume his mother is living with him. It would've been pretty awkward to have squirted out six kids if she'd been sharing the bed.

[el_rlee]

I assume his mother is living with him. It would've been pretty awkward to have squirted out six kids if she'd been sharing the bed.

Read Freud.

I guess he doesn't need the money to attract women, because he is already living with the one.

[JorgeStolfi]

Read Freud.

I guess he doesn't need the money to attract women, because he is already living with the one.

I hope you are joking...

Just in case: in Japanese culture the sons, especially the firstborn, are expected to take care of the parents.  Sending them off to old people homes is not the Japanese way, at least for people of Dorian's generation.

[UnDerDoG81]

Is it possible that the whale who drove the price up from 550 to 710 have slowly sold all that 10K coins back again?

[billyjoeallen]

There will be a lot of buying before MOnday. A lot of people are waiting for the best week end price, We are playing a game of chicken trying to get in at the lowest price before the (almost) inevitable Sunday night ramp.

I am not greedy. I already replaced all of the coins I sold at $700 and the high $600s. Now if we see another dip, I can buy even MOAR.

[Denton]

Looks like MtGox did a lot more damage to bitcoins public image then i though. I might be turning into a bear.   

[UnDerDoG81]

Is it possible that the whale who drove the price up from 550 to 710 have slowly sold all that 10K coins back again?

It's not only possible, this already happened. Have you even heard of a volume chart? Or a commutative delta study?

But how can you be sure he really sold them? Maybe he is hodling?

But if he sold, he could possibly do this again, only waiting that the price dips a bit more.

[KeyserSoze]

I think traders are foolish to completely ignore TA.

Don't forget to make a wish on a monkey's paw before trading. That's known to be 100% right after an event as well.

[pietje]

Is it possible that the whale who drove the price up from 550 to 710 have slowly sold all that 10K coins back again?

It's not only possible, this already happened. Have you even heard of a volume chart? Or a commutative delta study?

But how can you be sure he really sold them? Maybe he is hodling?

But if he sold, he could possibly do this again, only waiting that the price dips a bit more.

That will probably happen sunday.

[aminorex]

It's not only possible, this already happened. Have you even heard of a volume chart? Or a commutative delta study?

cumulative delta

[billyjoeallen]

http://www.zerohedge.com/news/2014-03-07/jpmorgans-biggest-concern-bitcoin-will-succeed

Then they fight you...

The logical thing for JPM to do here is to hedge against that possibility by buying bitcoin. It's not the people who avoid taxes in poor countries that make it poor. It's the onerous government that they are trying to hide from.

Taxes are theft. It doesn't matter what the revenue is spent on. Involuntary takings are theft regardless of who is doing the taking.

[Hen0xyd]

Is it possible that the whale who drove the price up from 550 to 710 have slowly sold all that 10K coins back again?

It's not only possible, this already happened. Have you even heard of a volume chart? Or a commutative delta study?

But how can you be sure he really sold them? Maybe he is hodling?

But if he sold, he could possibly do this again, only waiting that the price dips a bit more.

This whale probably sold most/all of them using this points :
- easy scared people sold every btc they got before this 550 to 710 push,
- "interested in btc" people and longrun bulls (i'm in this category) are hodling (maybe about 50%fiat 50%btc ?)
- no one would like to move (most of us and traders dont like this)

So this 2million $ whale easilly pushed the price around 700 with 2 standard cases :
1- price goes up, he bought every btc in between 575-650 and price continue raising : his btc is direct profit
2- price goes up "artificially", price goes to 710, and he sold little by little according the price slowly falling, if no flash-crash he's still in profits

We saw the price going from 700 to 620 atm, so yeah whale might be all fiat again.

[tarmi]

Looks like MtGox did a lot more damage to bitcoins public image then i though. I might be turning into a bear.  

good morning to you too.


waiting patiently for monday's bitcoin foundation news on mtgox insider withdrawals and trading.

[KeyserSoze]

Who committed a suicide?

Mt Gox. But that's more of a 'what' not a 'who'.