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

[JorgeStolfi]

In response to the threat posed by the rebellious altcoins, this board should forsake its tradition of tolerance and institute a Bitcoin Inquisition, to evaluate all posts for possible heresy or offensiveness to the One and Only Cryptocurrency. 

[TERA]

[bigdave]

sudden volume spike on bitstamp

This is the last move up before the fall. It may go up to 450. Maybe even to 460. Or that green spike to 440 might have been the last hoorah.

But the dump is coming this week.

Just placed my buy orders at $405.

[JayJuanGee]

So if you had the power to ban any number of posters in this thread -- all their posts deleted, they cannot post on this forum again -- who would you ban, and why?

The owner of the forum makes decisions as to how much trolling is allowed.

Personally, I would NOT delete or allow the deletion or editing of posts except under very rare circumstances....

Also, I am of the opinion that banning cannot take place, if the users do NOT know the rules or that what they did is offensive, so they would have to be clearly informed of the rules.  They may be warned before they are banned depending on the egregiousness of the behavior... or whether they are accepting to follow the rules in the future. ... At this point, I do NOT have enough information to name any user(s) that should be banned or that has been egregiously been breaking rules in particular b/c if they have NOT been warned or told what they are doing is offensive, then that would NOT be fair to ban or suspend them.

Again, ultimately the owner(s) of the forum makes these kinds of decisions, so the above is merely my own speculation based on your question.

Okay, who would you warn? I'm not asking you what you think the owners would do. I'm asking what you would do.

What good does it do for me to name names?  I am NOT the owner, or the op or a moderator.


And, if for some reason I were to become one of those, for the sake of this hypothetical, I would republish the rules in order that all members have NOTICE of the rules.  At this point the rules of the forum are NOT very prominent, and if there are NO rules, I could NOT warn anybody - unless, whatever was DONE defied all common sense. 

I am NOT going to go down the road of naming any names b/c this exercise is a big waste of time, and if I were in such a positions, I would have to look case by case to which posts are offensive and thereafter what was the offense frequency and how bad was it... then to formulate the warning based on the post(s).  These would likely need to be made in a fairly timely manner, as well... So if a poster had been offensive, but then had reformed his/her ways, then that poster may NO longer merit any warning.

[QuestionAuthority]

So if you had the power to ban any number of posters in this thread -- all their posts deleted, they cannot post on this forum again -- who would you ban, and why?

The owner of the forum makes decisions as to how much trolling is allowed.

Personally, I would NOT delete or allow the deletion or editing of posts except under very rare circumstances....

Also, I am of the opinion that banning cannot take place, if the users do NOT know the rules or that what they did is offensive, so they would have to be clearly informed of the rules.  They may be warned before they are banned depending on the egregiousness of the behavior... or whether they are accepting to follow the rules in the future. ... At this point, I do NOT have enough information to name any user(s) that should be banned or that has been egregiously been breaking rules in particular b/c if they have NOT been warned or told what they are doing is offensive, then that would NOT be fair to ban or suspend them.

Again, ultimately the owner(s) of the forum makes these kinds of decisions, so the above is merely my own speculation based on your question.

Okay, who would you warn? I'm not asking you what you think the owners would do. I'm asking what you would do.

They should be tied to an ant hill and raped with a broom handle while a bear and a bull shit on their head.

[windjc]

sudden volume spike on bitstamp

This is the last move up before the fall. It may go up to 450. Maybe even to 460. Or that green spike to 440 might have been the last hoorah.

But the dump is coming this week.

Just placed my buy orders at $405.

The next dump may take us down to that. But I think this is going to be just like Gox redux. 

A large fall followed by 1-3 more large falls shortly after. 405 is not going to hold once Houbi is at 2200 again. And if 2100 doesn't hold, look out below.

[ChartBuddy]

Explanation

[JayJuanGee]

In response to the threat posed by the rebellious altcoins, this board should forsake its tradition of tolerance and institute a Bitcoin Inquisition, to evaluate all posts for possible heresy or offensiveness to the One and Only Cryptocurrency. 

Yeah... maybe that is a good idea.

At least posts in this thread should somehow be related to bitcoin b/c the last I checked the topic of this thread is BTC/USD....

There are other threads in this forum that deal with other topics, including various alt coins.

I know some of you FUD spreaders and some of the other thread trolls engage in considerable lengthy posting activities to attempt to distract the thread from its stated topic and also to sometimes cause us to pursue meaningless side tangents in this thread... for example, to get us to spend a lot of time talking about some topic that has a 1 in a million chance of happening as if the odds were much higher.  You, Jorge, seem to like to do this with some of your negative speculations, to explore matters that are theoretically possible but are about as likely as my getting struck by lightning in Brazil in the next 24 hours.  Sure it is possible, but NOT very likely since I am in California, and I do NOT even have plans to go to Brazil in the near future.

[JayJuanGee]

sudden volume spike on bitstamp

This is the last move up before the fall. It may go up to 450. Maybe even to 460. Or that green spike to 440 might have been the last hoorah.

But the dump is coming this week.

Just placed my buy orders at $405.

Congrats.  Is that on Stamp?   Maybe you will be pulling those orders by, when?  next week or two weeks from now? 

I have my reservations about reaching $405, but I have NO real idea regarding the price movement in the next couple of weeks... I would actually buy some at $405, too. 

Yet, I would actually lean towards BTC staying in the $420 to $470 range.. absent some further news... and surely we are going to get some news out of China on or before May 10th.... (they have the bitcoin summit starting on the 10th)

[bigdave]

sudden volume spike on bitstamp

This is the last move up before the fall. It may go up to 450. Maybe even to 460. Or that green spike to 440 might have been the last hoorah.

But the dump is coming this week.

Just placed my buy orders at $405.

Congrats.  Is that on Stamp?   Maybe you will be pulling those orders by, when?  next week or two weeks from now? 

I have my reservations about reaching $405, but I have NO real idea regarding the price movement in the next couple of weeks... I would actually buy some at $405, too. 

Yet, I would actually lean towards BTC staying in the $420 to $470 range.. absent some further news... and surely we are going to get some news out of China on or before May 10th.... (they have the bitcoin summit starting on the 10th)

Yeah I'm taking a gamble on the order in order to get the cheaper price. Of course none of us know what will really happen but I'm going with a gut feeling that I have about when the drop does happen. However I can always adjust those orders after seeing how the market reacts. Honestly I'd like to see it go further down past $405 but that is my starting point.

[octaft]

Okay, who would you warn? I'm not asking you what you think the owners would do. I'm asking what you would do.

What good does it do for me to name names?  I am NOT the owner, or the op or a moderator.


And, if for some reason I were to become one of those, for the sake of this hypothetical, I would republish the rules in order that all members have NOTICE of the rules.  At this point the rules of the forum are NOT very prominent, and if there are NO rules, I could NOT warn anybody - unless, whatever was DONE defied all common sense. 

I am NOT going to go down the road of naming any names b/c this exercise is a big waste of time, and if I were in such a positions, I would have to look case by case to which posts are offensive and thereafter what was the offense frequency and how bad was it... then to formulate the warning based on the post(s).  These would likely need to be made in a fairly timely manner, as well... So if a poster had been offensive, but then had reformed his/her ways, then that poster may NO longer merit any warning.

So what you are basically saying is, it's a lot harder to do the job than it is to bitch about someone else not doing it?

[TERA]

Whats with the silly bull buying 2000 coins right before the big drop.

[JayJuanGee]

Okay, who would you warn? I'm not asking you what you think the owners would do. I'm asking what you would do.

What good does it do for me to name names?  I am NOT the owner, or the op or a moderator.


And, if for some reason I were to become one of those, for the sake of this hypothetical, I would republish the rules in order that all members have NOTICE of the rules.  At this point the rules of the forum are NOT very prominent, and if there are NO rules, I could NOT warn anybody - unless, whatever was DONE defied all common sense. 

I am NOT going to go down the road of naming any names b/c this exercise is a big waste of time, and if I were in such a positions, I would have to look case by case to which posts are offensive and thereafter what was the offense frequency and how bad was it... then to formulate the warning based on the post(s).  These would likely need to be made in a fairly timely manner, as well... So if a poster had been offensive, but then had reformed his/her ways, then that poster may NO longer merit any warning.

So what you are basically saying is, it's a lot harder to do the job than it is to bitch about someone else not doing it?

NOPE... that is NOT what I am saying.  I figured that you wanted to come up with some ludicrous conclusion, and with your stupid-ass conclusion, YOU have proven me correct in my expectation(s) of what you were going to do.

In several of your posts, you seem to be a very smart guy/gal, but sometimes you come up with some doosies of bad logic in attempt to arrive at your wished-for conclusion(s).

I will remind you that I did make a statement earlier, however, that it appeared to me that the rules in this forum must be pretty lax when it comes down to it b/c the moderator had seemed to admit to making statements with a purpose to inflame other posters. 

I still maintain that there should be a rule against making inflammatory statements to other posters; however, if there is NOT such a rule currently in place, then the rule would need to be made and publicized before it could/should be enforced.  Personally, I am NOT inclined to attempt to enforce a rule that is NOT fairly in place.

[JimboToronto]

Whats with the silly bull buying 2000 coins right before the big drop.

 

Where? When?

Which 2000 coins? Which big drop?

[ChartBuddy]

Explanation

[Markus11]

www.coindesk.com/new-sms-bitcoin-service-aims-emerging-markets/

[Davyd05]

Whats with the silly bull buying 2000 coins right before the big drop.

 

Where? When?

Which 2000 coins? Which big drop?

if you check the minute charts you'll see them green candle stick out on the volume chart.. 19:50 to 21:00 somewhere in that range.. Tera fears the wrath of China

[TERA]

This one:



Should happen according to trend, regardless of Chinese PRs, though that would help as a catalyst.

[xulescu]

May be of interest:
Bitcoin in Chinese dilemma : the lack of recharge channel blockage scenarios (in Chinese)
Source: Sina Technology Post Time :2014 -05-05 00:24
http://3c.ycwb.com/2014-05/05/content_6666425.htm
(Note that Google Translate's "fire currency network", in random order, is "huobi.com"; "Paypal" is "Alipay")

This one:

https://i.imgur.com/4952atN.png

Should happen according to trend, regardless of Chinese PRs, though that would help as a catalyst.

You might have gotten your PR.

[derpinheimer]

Someone just dumped ~500 coins and less than 2 seconds later someone market orders 400.

I think we have a war.

It'll never compare to that day when whales where dumping and market ordering thousands of coins at a time. Anyone else remember that craziness? Something like 2-5kBTC market orders in both directions, for like 70k volume in an hour?