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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26387800 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 3 users with 9 merit deleted.)
bitgeek
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May 13, 2014, 11:17:07 AM

Wow that is a dump! Also a small dump on Huobi, is there some sort of news?  Huh
No news as far as I know. Somebody just dumped to see if the others will follow, and apparently they won't.
klee
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May 13, 2014, 11:17:42 AM

Wow that is a dump! Also a small dump on Huobi, is there some sort of news?  Huh
No news as far as I know. Somebody just dumped to see if the others will follow, and apparently they won't.
Or he started dumping in chunks..
T.Stuart
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May 13, 2014, 11:19:30 AM

Wow that is a dump! Also a small dump on Huobi, is there some sort of news?  Huh
No news as far as I know. Somebody just dumped to see if the others will follow, and apparently they won't.

An "early adopter" wants a few hundred thousand dollars for something.
bitgeek
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May 13, 2014, 11:21:25 AM

Wow that is a dump! Also a small dump on Huobi, is there some sort of news?  Huh
No news as far as I know. Somebody just dumped to see if the others will follow, and apparently they won't.

An "early adopter" wants a few hundred thousand dollars for something.
Yeah, probably something like that, or just simple manipulation to see what happens. Just look at the comments for the last few days, people were bored, some rich guys must feel this way too Cheesy
ShroomsKit
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May 13, 2014, 11:22:34 AM

Huuuuuge news from Bitpay. *dump*.

The "news" was shit and any news results in dumping anyway.
UnDerDoG81
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May 13, 2014, 11:25:42 AM

Was it ever that boring  Embarrassed

Now that is a stable currency but the price is too low Cheesy
bitgeek
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May 13, 2014, 11:28:08 AM

Was it ever that boring  Embarrassed

Now that is a stable currency but the price is too low Cheesy
IMO if the Gox situation gets resolved, and they'll really take over and refund people, the price will go up. There's too much uncertainty in the air right now.
TERA
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May 13, 2014, 11:37:29 AM

Was it ever that boring  Embarrassed

Now that is a stable currency but the price is too low Cheesy
IMO if the Gox situation gets resolved, and they'll really take over and refund people, the price will go up. There's too much uncertainty in the air right now.
How could Gox ever possibly get resolved?

Anyways, I think the market is over it at this point. Looking at the long term charts we've bottomed out, and I can feel the slow uptrend coming on.
The market is over the sentiment of mtgox, however if the 800,000 goxcoins actually get dumped on the market, it would certainly not be over the physical weight of the selling pressure of those coins - it would be devastating.

The gox situation may not ever be 'resolved' in the case of refunding its creditors. However, if the mtgox site was relaunched under new management, it may help the market due to increased exchanges/liquidity, and because mtgox is still the front page of bitcoin in the eye of most of the general public. The average person goes to mtgox.com to buy their first bitcoin, sees all the shenanigans, and decide they don't want to bother with bitcoin anymore. So fixing that would help.
bitgeek
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May 13, 2014, 11:45:59 AM

I read that if they relaunch, they will offer 16% to the former Gox clients, so if the business succeeds they would actually get something back from this black hole.
@ThisWeeksCoin
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May 13, 2014, 11:59:30 AM

Voted BOREDOM ( BOREDUM? Tongue )

It's not moving. Summer is coming. People wont be trading that much.. Yeah, more boredom comes.
T.Stuart
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May 13, 2014, 12:00:13 PM


The market is over the sentiment of mtgox, however if the 800,000 goxcoins actually get dumped on the market, it would certainly not be over the physical weight of the selling pressure of those coins - it would be devastating.

The gox situation may not ever be 'resolved' in the case of refunding its creditors. However, if the mtgox site was relaunched under new management, it may help the market due to increased exchanges/liquidity, and because mtgox is still the front page of bitcoin in the eye of most of the general public. The average person goes to mtgox.com to buy their first bitcoin, sees all the shenanigans, and decide they don't want to bother with bitcoin anymore. So fixing that would help.

But one of the reasonably logical scenarios is that the coins were lost, stolen, shorted, sold by Mark or whatever ages ago, in which case there is not so much concern about 100s of 1000s of coins hitting the market en masse. Remember also the FBI coin dump FUD. I don't think massive dumps in this way are a genuine concern (touch wood).

On the other hand I don't think the sentiment over Gox is over by a long way. The Sunlot bid is stirring up a lot of bad feelings and the BF's election of Brock Pierce at the same time is, er, controversial shall we say.

On that latter point, who knows what really happened etc. but you would have thought that following all the bad press over the last few months a consensus would have been reached regarding avoiding bad press for a while (even if it does just turn out to be "bad press" and nothing more). Their PR lady Jinyoung Lee Englund must be well pleased.  Roll Eyes

ChartBuddy
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May 13, 2014, 12:00:49 PM


Explanation
Mervyn_Pumpkinhead
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May 13, 2014, 12:05:57 PM

I've never seen a man who try every possible way to try to escape his mistakes instead of admitting to them.

If you are so interested in discussing about it, how about you challenge me directly on the mistakes you claim that I have made! Then I can answer. Perhaps you find out that a) not many mistakes have been committed b) I am admitting some of them or c) you just don't understand what I'm doing and therefore think it's a mistake.

What you and some others are doing is so common brainwashing tactic that I just have to stop it every once in a while. Have mercy on that MervynPumpkinhead for example. Until yesterday he probably thought that the yellow press articles were true! Shocking.  Shocked Embarrassed

In general it would be good to refrain from negative speaking, and it that cannot be avoided, check the facts first.

As for the state of the castle, I just today approved a budget of € 561,855 that goes towards the repairs in 2014, and allows for the small scale hotel and bitcoin meeting point operation be started in September.

The discussion was about your reputation. I was trying to explain the cause of your reputation, by firstly asking if you were committed to an mental institution last year. Then I would have more questions, what's replies would probably explain why your reputation is the way it is.
You didn't respond, so one has to think that you don't want to talk about it.
If you don't want to talk about it, then don't mention my name nor say things that will raise the subject again.
JorgeStolfi
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May 13, 2014, 12:26:36 PM

I read that if they relaunch, they will offer 16% to the former Gox clients, so if the business succeeds they would actually get something back from this black hole.
Threads about it:
Savegox.com
More proof that savegox.com is a sham
NotLambchop
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May 13, 2014, 12:33:42 PM

...Until yesterday he probably thought that the yellow press articles were true! Shocking.  Shocked Embarrassed
...

Yeah, the media could be somewhat unreliable at times...

How The Press Sees it:


Teh Reality:


...
Challenge him his ideas, theories, charts, lack of ability to admit mistakes, etc. But I think his mental health, real estate and photo ops are off limits, unless its in good nature.

The d00d brought up that "castle" apropo of nothing, posting a shooped picture just to brag.  Not even mentioning it was a shoop.

No one cared about his mental health until he flooded the forum with confessional attention whoring, painstakingly cataloging every detail of his lulzy predicament.



trc
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May 13, 2014, 12:44:17 PM

That manor can be turned into something that looks so much better than the first pic. Go with white & gold man! Smiley That's what some architectures do. Buy them in such state and sell back with triple the price. So much jellyness in the air. Everything aside, it's possible to make a profit after a complete decoration work. That alone makes it a smart investment.
TERA
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May 13, 2014, 12:47:07 PM

The flow of bullish news is run out of steam and it seems as if the painful 3 week consolidation is finally over hopefully and we can resume trading.
Bagatell
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May 13, 2014, 12:51:53 PM

The flow of bullish news is run out of steam and it seems as if the painful 3 week consolidation is finally over hopefully and we can resume trading.

Bitpay to da moon.

niothor
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May 13, 2014, 12:58:25 PM

That manor can be turned into something that looks so much better than the first pic. Go with white & gold man! Smiley That's what some architectures do. Buy them in such state and sell back with triple the price. So much jellyness in the air. Everything aside, it's possible to make a profit after a complete decoration work. That alone makes it a smart investment.

No please no!!!
And secondary , can we talk about dumps and walls or ponies or unicorns rather than this damn subject!

It's wall observer not Risto observer
dreamspark
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May 13, 2014, 12:59:44 PM

That manor can be turned into something that looks so much better than the first pic. Go with white & gold man! Smiley That's what some architectures do. Buy them in such state and sell back with triple the price. So much jellyness in the air. Everything aside, it's possible to make a profit after a complete decoration work. That alone makes it a smart investment.

No please no!!!
And secondary , can we talk about dumps and walls or ponies or unicorns rather than this damn subject!

It's wall observer not Risto observer

Okay, someone just dumped 300+BTC worth of fiat.

We call it the anti-dump.
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