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

[edwardspitz]

This is the same pattern as yesterday IMO. The trading on the Chinese exchanges does not make sense to me. Since we still follow them to some extent I'm getting out. Don't mean to cause panic. I am still a newbe. However last night the price dropped about 20 EUR/coin, but rose the next day. I expect something similar tonight and it will be cheaper for me to get out now. Maybe I will buy back tomorrow morning.

[edwardspitz]

8 am in china. quick bowl of rice, then selling

Don't forget morning gymnastics (See TARA's pic page 5911 @https://bitcointalk.org/index.php?topic=178336.118200 )

[TeeBone]

The calm before the bloodbath.  

[TooDumbForBitcoin]

Is there a way to ingore/hide quoted users, who are on my ignore list or do i have to ignore them all?

There are so many people on the ignorechain in this thread, I see about one post per page.  Only Adam gets a pass, cause he's the OP.  (And chartbuddy - he adds contextual markers.)

Fonzie and Jorge are the Adam and Eve of the ignorechain.  Anybody who quotes them (or quotes their quoters) is eating from the forbidden fruit.

[Adrian-x]

https://bitcointalk.org/index.php?topic=167758.0

The link above is a gimps into speculator sentiment almost 1 year ago to the day.

fun read, there was a lot more optimism (more like ejaculating bull sperm  )  back then

[JayJuanGee]

I still blame downward BTC price pressures in part on the FUD being a tool of manipulation in an atmosphere where BTC is easy to put on the exchanges to force selling and then buying taking place off of the exchanges with the deflated prices.... rinse and repeat...  whales purposefully lose money on exchanges in order to be able to buy cheaper outside of exchanges.

Do you have any data to prove this assumption or are you just pulling it out of your ass?
Do you also assume that lizards have control over the government?

 

(no offense)

I'm describing my operative theory of an ongoing dynamic.....  which is NOT merely spouting out some random thoughts or disinformation.. as some others may do....

 I cannot prove who the various whales are that are pushing BTC prices downward... and that is part of the advantage of whales being able to do such without disclosure.. if they so desire... . 

I know that there are very big incentives for whales to push BTC prices downward, prices come from exchanges... and also there has been considerable movement of money and BTC off of exchanges after GOX and after SR2. ... which makes it easier to push down prices with less capital.

MY thinking about whale dynamics until I am persuaded otherwise...   Do you have a better theory that makes any sense in real world thinking?  I realize that I am maybe giving you too much of an opening by both acknowledging your response to me and by going further and asking you a question.  Maybe there is an outside chance that you will surprise me with some meaningful response?

[fonzie]

Is there a way to ingore/hide quoted users, who are on my ignore list or do i have to ignore them all?

There are so many people on the ignorechain in this thread, I see about one post per page.  Only Adam gets a pass, cause he's the OP.  (And chartbuddy - he adds contextual markers.)

Fonzie and Jorge are the Adam and Eve of the ignorechain.  Anybody who quotes them (or quotes their quoters) is eating from the forbidden fruit.

Ignoring people, lol. I assume people who ignore more than 3 users also barely leave the house or read newspapers.
Bitcoiners truly are a open-minded species.
My ignore list goes hand in hand with my BTC holdings - ZERO
I assume it´s the other way round for some here. :-D

[MinermanNC]

The calm before the bloodbath.  

perhaps,,,, lol, If we get through today/tonight I think we might be ok or at least steady as she goes....

[JorgeStolfi]

Meanwhile, the Neo & Bee situation looks increasingly ugly: https://bitcointalk.org/index.php?topic=529946.msg6056805#msg6056805

[igorr]

Fall again

[fonzie]

I still blame downward BTC price pressures in part on the FUD being a tool of manipulation in an atmosphere where BTC is easy to put on the exchanges to force selling and then buying taking place off of the exchanges with the deflated prices.... rinse and repeat...  whales purposefully lose money on exchanges in order to be able to buy cheaper outside of exchanges.

Do you have any data to prove this assumption or are you just pulling it out of your ass?
Do you also assume that lizards have control over the government?

 

(no offense)

I'm describing my operative theory of an ongoing dynamic.....  which is NOT merely spouting out some random thoughts or disinformation.. as some others may do....

 I cannot prove who the various whales are that are pushing BTC prices downward... and that is part of the advantage of whales being able to do such without disclosure.. if they so desire... .  

I know that there are very big incentives for whales to push BTC prices downward, prices come from exchanges... and also there has been considerable movement of money and BTC off of exchanges after GOX and after SR2. ... which makes it easier to push down prices with less capital.

MY thinking about whale dynamics until I am persuaded otherwise...   Do you have a better theory that makes any sense in real world thinking?  I realize that I am maybe giving you too much of an opening by both acknowledging your response to me and by going further and asking you a question.  Maybe there is an outside chance that you will surprise me with some meaningful response?

My therory is that the price got artificially pumped by Gox and co and that even big investors felt for this scam. Just because some big investments have been made by rich people doesn´t mean that they are smart nor that they have  any kownledge about the future price of Bitcoin. If all the Bitcoin data(bid depth/trading data...) would have been real i would consider your assumptions as quite possible. I just don´t think that this is happening right now, altough it´s a method that would work wout. Or do you think that Fortress Investment Fond who bought big off exchange at an avg. price of 900$ have acted ultimately clever.
There is almost no data available how many Bitcoin have been bought off-exchange and for what price.
So what you did is speculation in it´s purest form. It´s not more probable than for example "The  FBI want´s to destroy Bitcoin because they are scared" "It was invented by the NWO" or any other conspiracy theory that cannot be proven.

Right now a single early adopter could easily drive down the price to near zero(for a while).
Bitcoin with all it´s non regulations makes it oneof the most fucked up markets in the world aka manipulation to the max, more likely in the upwards direction.

[aminorex]

more deletions.

[fonzie]

more deletions.

Did the IRS already sent out their first invoices? Early adopters covering their tracks? (Hi Goat)

[adamstgBit]

[ChartBuddy]

Explanation

[fonzie]

LOL

London’s Iconic O2 Venue to Host Bitcoin Fight Night

A rather familiar face will also be taking to the ring – broadcaster and bitcoin enthusiast Max Keiser. He’s competing in a celebrity bout against a professionally trained fighter who is a big supporter of Jamie Dimon, the chief executive of JP Morgan Chase.

http://www.coindesk.com/londons-iconic-o2-venue-host-bitcoin-fight-night/

[adamstgBit]

LOL

London’s Iconic O2 Venue to Host Bitcoin Fight Night

 A rather familiar face will also be taking to the ring – broadcaster and bitcoin enthusiast Max Keiser. He’s competing in a celebrity bout against a professionally trained fighter who is a big supporter of Jamie Dimon, the chief executive of JP Morgan Chase.

http://www.coindesk.com/londons-iconic-o2-venue-host-bitcoin-fight-night/

that wasnt a joke O_o

[KeyserSoze]

I think we've confirmed cat GIFs cause price to drop.

[rjp55]

Bears frustrated for sure...the louder they are the more impatient they are getting...

[fonzie]

I think we've confirmed cat GIFs cause price to drop.

I just smoked a pipe with the best opium available trough BTC
I´m pretty sure that caused the drop.
I´m workin on a big statistic right now, what substance and in which amount consumed causes effects on the BTC price.
I can say so far that there are definitely some direct coherences.
I´ll post the evaluation when i´m done, might take 2-3 more weeks.