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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26835097 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
JorgeStolfi
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March 19, 2014, 01:20:58 PM

Another freak transaction on Huobi: a small trade at 3799 CNY at 13:08:11 UTC, at a time when the spread was around 3729.  A bug? An internal manual fix?
magicmexican
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March 19, 2014, 01:43:13 PM

i am so sad that i woke up too late for that epic ltc dump... Now i am thinking when should i sell next, 0.033 or 0.036
adamstgBit
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March 19, 2014, 01:49:35 PM

i am so sad that i woke up too late for that epic ltc dump... Now i am thinking when should i sell next, 0.033 or 0.036

why sell at 0.036 when you can wait a few mins for 0.037?

 Cheesy
adamstgBit
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March 19, 2014, 02:00:44 PM

did hobi launch LTC trading yet?
seleme
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March 19, 2014, 02:02:15 PM

any reason why ltc responded to the opening on huobi by tanking? now i wonder what an opening on gox would've been like - worse?

What did you expected really?

Huobi was just excuse for pump, Chinese could buy LTC all the time before it was added to Huobi.
adamstgBit
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March 19, 2014, 02:04:35 PM

any reason why ltc responded to the opening on huobi by tanking? now i wonder what an opening on gox would've been like - worse?

What did you expected really?

Huobi was just excuse for pump, Chinese could buy LTC all the time before it was added to Huobi.

a classic buy the rumor sell the news type deal.
seleme
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March 19, 2014, 02:05:56 PM

any reason why ltc responded to the opening on huobi by tanking? now i wonder what an opening on gox would've been like - worse?

What did you expected really?

Huobi was just excuse for pump, Chinese could buy LTC all the time before it was added to Huobi.

a classic buy the rumor sell the news type deal.

Catalog example Cheesy

Dump happened like half an hour before LTC going live on Huobi, lol
600watt
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March 19, 2014, 02:09:32 PM

game over! the danish central bank has revealed the truth behind bitcoin!


http://www.coindesk.com/danish-national-bank-compares-bitcoins-glass-beads/





 Grin
adamstgBit
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March 19, 2014, 02:14:08 PM

game over! the danish central bank has revealed the truth behind bitcoin!


http://www.coindesk.com/danish-national-bank-compares-bitcoins-glass-beads/





 Grin


why do central banks around the world feel compelled to down play bitcoin?

i dont get it! why!

 Cheesy
JorgeStolfi
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March 19, 2014, 02:18:16 PM

Huobi was just excuse for pump, Chinese could buy LTC all the time before it was added to Huobi.
a classic buy the rumor sell the news type deal.
Catalog example Cheesy
Dump happened like half an hour before LTC going live on Huobi, lol
Well, the situation may not be so simple. LTC trading on Huobi may have made a difference if the fees and other facilities are different from those of other exchanges, or if they have lazy/loyal customers who would trade LTC but not on a different exchange.

I understood (through Google translate) that Huobi had some special one-time offer to encourage LTC trading. Does anyone know for sure?

(The bitcoin press, like Coindesk, should have thoroughly analyzed those details beforehand for their readers.  But they barely acknowledge that China exists...)
Hen0xyd
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March 19, 2014, 02:19:03 PM

600 support wall increased from 900 to 1500BTC, finally building up ?
Todorius
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March 19, 2014, 02:20:37 PM

game over! the danish central bank has revealed the truth behind bitcoin!


http://www.coindesk.com/danish-national-bank-compares-bitcoins-glass-beads/





 Grin


why do central banks around the world feel compelled to down play bitcoin?

i dont get it! why!

 Cheesy

The banks really start to feel threatened by bitcoin. That's a good sign  Wink
Asrael999
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March 19, 2014, 02:21:48 PM

game over! the danish central bank has revealed the truth behind bitcoin!


http://www.coindesk.com/danish-national-bank-compares-bitcoins-glass-beads/

 Grin


why do central banks around the world feel compelled to down play bitcoin?

i dont get it! why!

 Cheesy

Glass beads were used for currency for longer than the USD has existed Smiley   - which is more legitimate?
wachtwoord
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March 19, 2014, 02:26:28 PM

game over! the danish central bank has revealed the truth behind bitcoin!


http://www.coindesk.com/danish-national-bank-compares-bitcoins-glass-beads/





 Grin


why do central banks around the world feel compelled to down play bitcoin?

i dont get it! why!

 Cheesy

The banks really start to feel threatened by bitcoin. That's a good sign  Wink

Well ...

Quote
Rather than functioning like money, bitcoins display the characteristics of commodities – that is, users attach value to them, not issuers or central banks.

Thanks Danish central bank! I'd like my money to be valued decentralized instead of centralized e.g. by a central bank or "issuer" (in fact I'd like there to be no specific issuer at all thank you very much).
Nemo1024
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March 19, 2014, 02:41:37 PM

Hmm... They forget that gold had been used as money without any specific issuer. There were gold coins printed by this and that city state, but that was the function of ensuring that the gold pieces were not fake alloys. No one central authority said how much a gold piece was to be worth. In digital world this function is taken over by cryptographic signing.
roslinpl
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March 19, 2014, 02:46:24 PM

Today price boring again ... but I feel storm is comming :-)
NotLambchop
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March 19, 2014, 02:51:30 PM

Beads?  Or... Prince Rupert's Drops!

ChartBuddy
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March 19, 2014, 03:02:47 PM


Explanation
oda.krell
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March 19, 2014, 03:11:54 PM


http://www.bloomberg.com/news/2014-03-17/fortress-linked-pantera-said-to-invest-in-top-bitcoin-exchange.html

http://finance.fortune.cnn.com/2014/03/18/bitcoin-hedge-fund/

You know, this will take some time before it will influence price. It's not the bullish equivalent to a flash crash event... what I mean is, I'm not expecting price to turn around 180 degree tomorrow.

But this combination of solid 'old' money chasing the new one, not just the size of the Pantera/Fortress fund at registration, but also that little nugget about Bitstamp, makes me pretty confident that those scenarios we discuss here once in a while, like yesterday, those that paint the picture of a painfully drawn-out bear market that can last several more months to a year (you know the people who see it like that, Mat, or Lucif) simply are not a realistic option anymore.
Ivanhoe
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March 19, 2014, 03:21:44 PM

Quote
Rather than functioning like money, bitcoins display the characteristics of commodities – that is, users attach value to them, not issuers or central banks.
Quote
Thanks Danish central bank! I'd like my money to be valued decentralized instead of centralized e.g. by a central bank or "issuer" (in fact I'd like there to be no specific issuer at all thank you very much).
hahahaha, how stupid can they be? The Danish central bank just gave the best reason why you should use bitcoin instead of fiat. What a bunch of idiots.
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