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

[derpinheimer]

This whale is awesome.

[adamstgBit]

where is the
"
the poeple want whales!
let them have whales!
"

img when you need it

[hd060053]

something is happening, this market buy/sell volumes are not normal

[ElectricMucus]

In the future 1-2 years from now, people will find it incredible that so much analysis was made over market movements in a dull time when the price hardly even broke the 0.0004-0.0005 channel...

take your meds riesto, you are coming over "that" kind of weird again.

[meanig]

So no fiat deposits on thursday or friday this week.

You mean into the Chinese exchanges?  Is that a fact?

Huobi has not modified their homepage or posted new notices for the last 12 days.  The homepage still shows their prepaid cards (火币   点卡充值) as the only deposit method. Perhaps the cards themselves cannot be recharged, if they depended on 3rd party payment processors or bank deposits.   I could not fiind Huobi's client blog, it would be interesting to see what is there.  Will they gox their clients without prior warning?

Over the weekend I poked abit into OKCoin's blog and their reddit thread.  Their "recharge code" system based on (two) private brokers seemed to be working, not clear how effectively; but in the end OKCoin said that they would not post any more public announcements about that system in order to not perturb the market.  Will they [ ditto ]?

Stamp.

Why are Bitstamp not accepting deposits?

Edit; they have two banks holidays for Labour day

[knarzo]

So no fiat deposits on thursday or friday this week.

You mean into the Chinese exchanges?  Is that a fact?

Huobi has not modified their homepage or posted new notices for the last 12 days.  The homepage still shows their prepaid cards (火币   点卡充值) as the only deposit method. Perhaps the cards themselves cannot be recharged, if they depended on 3rd party payment processors or bank deposits.   I could not fiind Huobi's client blog, it would be interesting to see what is there.  Will they gox their clients without prior warning?

Over the weekend I poked abit into OKCoin's blog and their reddit thread.  Their "recharge code" system based on (two) private brokers seemed to be working, not clear how effectively; but in the end OKCoin said that they would not post any more public announcements about that system in order to not perturb the market.  Will they [ ditto ]?

Stamp.

Why are Bitstamp not accepting deposits?

Bankholiday on the 1st

[adamstgBit]

something is happening, this market buy/sell volumes are not normal

thank you for this, now i know i'm not crazy the only crazy person.

[flynn]

something is happening, this market buy/sell volumes are not normal

thank you for this, now i know i'm not crazy the only crazy person.

we are approaching a singularity in the spacetime market

[Taras]

something is happening, this market buy/sell volumes are not normal

thank you for this, now i know i'm not crazy the only crazy person.

we are approaching a singularity in the spacetime market

should we sell all our coins dollars

[ChartBuddy]

Explanation

[roslinpl]

Explanation

I am waiting all day long for $420 or $460 ... both wont happen perhaps ...

Tomorrow a Big day! +$100 my predictions says.

[JayJuanGee]

Isn't it ironic that the libertarian bitcoiners, champions of laissez-faire capitalism, are betting all their life savings on the hope that the Satoshi Bitcoin will be one day the only cryptocurrency in the market, so that they can charge monopoly prices for it? 

I'm not betting it will be the only cruptocurrency, just the most liquid one. Charging monopoly prices would prevent that from being the case. Competition is good.

BJA :  It seems to me that you are being too generous to Jorge.  Jorge's assertion about early adopters wanting to benefit from a monopoly nature that may exist in  bitcoin is so speculative and fanciful that it is barely worthy to be addressed.

First, hardly anyone, except for the truly fanatical are really of the belief that anytime in the near future bitcoin could replace all currencies and payment systems... and very rosey outlooks would put bitcoin replacing 25% of all currencies and payment systems (which would be more than a $25 trillion market cap and $2.5 million per BTC).  These kinds of projections seem to be far above and beyond the speculations of even the most bullish of BTC enthusiasts.

Second, bitcoin could achieve some fraction of success, such as taking over less than 5% of all currencies and payment systems to cause early adopters of BTC to be rich beyond their wildest dreams and beliefs (as long as they had hung on to a fraction of their coins).  In this kind of fraction of success scenario, 5% of all would put BTC  at about a $5trillion market cap and would signify about $500k per BTC.  Just holding 2 BTC would put someone as a BTC millionaire with only a fraction of BTC representing currencies and payment systems.

Third, I really question what the fuck difference it makes whether some early bitcoin adopters acquire some wealth.  Just seems like some people are acting and whining about being butt hurt by the mere thought of early adopters potentially gaining some wealth, and even if some early adopters are able to hang onto some of their bitcoins and become rich beyond their wildest dreams, we already know that as BTC prices increase, many BTC are already going to be distributed to the already rich (the status quo rich) b/c regular people are genuinely confused, ill informed and ignorant about the value prospects of BTC,

Fourth, even if bitcoin prices were to become somewhat highly priced for regular people, so what, it does NOT matter b/c people can buy into BTC at fractions, and those fractions will continue to grow, so long as the peeps have enough foresight to HODL Dem.... and when they HODL dem for over 20 years, or 40 years or whatever happens to be their savings timeline, then the money that was held in BTC will have appreciated value at a better rate than other asset classes... so even poor people would be able to benefit by the adoption and proliferation of a BTC currency/storage of value system.

[JayJuanGee]

Again, 700 BTC sell and 500 BTC buy.

Oh yes, somebody mentioned a while ago, that there might be a new super-whale in town. An entity who would like to buy at least 1% of the BTC and is now testing the price sensitivities of the platforms etc. That kind of zig-zag from obviously the same account could be explained by such testing.

How would you know if the transactions are coming from the "same account?"

[JayJuanGee]

I like the super whale talk haha.  I'm very interested to see what the future hold in may..

We are almost at the future... May that is.   

[JayJuanGee]

It is getting closer to 420...

I must be prepared .. xD
 

Are you sharpening your knives for hari kari?

[mah87]

we are heading to 200$

[roslinpl]

we are heading to 200$

I heard that hundreds times from January and till now in 2014 price never was even close to $200.

[tupelo]

well it was 101 on btce

[adamstgBit]

the moon is far away!

[kodtycoon]

im not a day trader but i watch the charts allot and this growth doesnt look normal compared to any spikes iv watched since december which all happend to end with a dump... could this be the start of the next uptrend and eventually the next major rally?