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

[empowering]

have to cash out a few btc. better now or in the morning? whats the odds its hits 650-660 tonight?

74.9998%

thats a very exact percentage? :L how did you come up with that?

Well, I took a piece of paper and rammed it real hard up my ass. Just as you asked, I noticed a tickle around my butt. Sure thing, the answer was out. However, that was for $635. $650 is only 12.4106%.

Fuck, this made me laugh.

Now THAT is what I call Technical ANALysis

[urwhatuknow]

have to cash out a few btc. better now or in the morning? whats the odds its hits 650-660 tonight?

74.9998%

thats a very exact percentage? :L how did you come up with that?

Well, I took a piece of paper and rammed it real hard up my ass. Just as you asked, I noticed a tickle around my butt. Sure thing, the answer was out. However, that was for $635. $650 is only 12.4106%.

best post of the month!

:-D

[ChartBuddy]

Explanation

[findftp]

have to cash out a few btc. better now or in the morning? whats the odds its hits 650-660 tonight?

74.9998%

thats a very exact percentage? :L how did you come up with that?

Well, I took a piece of paper and rammed it real hard up my ass. Just as you asked, I noticed a tickle around my butt. Sure thing, the answer was out. However, that was for $635. $650 is only 12.4106%.

Fuck, this made me laugh.

If you like to laugh about percentages see my sig

[empowering]

If you like to laugh about percentages see my sig

Good one 

[Torque]

The changes to the deposit methods were announced on their homepages, as they happened over the past four months.  I posted at least a dozen links to the notices in Chinese with Google Translations, others posted human translations, as well as Chinese media articles.  Obviously they could not explain 4 months ago the changes that they were forced to make 2 months ago.  

I'm not talking about announcing changes to the deposit methods.  I'm talking about the fact that the Chinese exchange operators could have gotten together 4-5 months ago, had a meeting, and then published an official joint statement saying something to the effect of, "China has not banned bitcoin, and will never ban bitcoin.  Whatever you read, whatever you hear, it is not banned and will never be banned.  Do not believe any supposed China news FUD that you read that claims otherwise.  Also do not believe any Chinese FUD related to our eventual exchanges demise.  Our Chinese exchanges are not only legal, but we will never shut down.  We will continue to work around the deposit issues with the PBOC.  Do not believe the FUD!  Also, OKCoin's volume is skewed based on 0% fees and HFT only, but it's not fake per se.  But yes, it is a little misleading for sure."  They could have offically published this in English for the Westerners, and on official sites like Coindesk.

But they didn't do that, now did they?  No official joint statement at all to help reassure the public and quell fears.  Hell, the individual Chinese exchange operators barely even spoke (except for Bobby Lee) during that time.  Their PR was just as bad, if not worse, than Mark Karpeles.  It was as if they WANTED the continued ambiguity to fuel the ongoing FUD panic selling.  And that's exactly what it did.

That's not how it works in China, unless you want to make sure your business is shut down faster than you can say Socialism with Chinese Characteristics.

Then you want to explain me why shit like this is coming out now?  They couldn't have been bothered to do this AMA like, say 4 months ago?
http://www.reddit.com/r/Bitcoin/comments/29gwk8/we_are_okcoin_auaask_us_anything/

[Dotto]

have to cash out a few btc. better now or in the morning? whats the odds its hits 650-660 tonight?

74.9998%

thats a very exact percentage? :L how did you come up with that?

Well, I took a piece of paper and rammed it real hard up my ass. Just as you asked, I noticed a tickle around my butt. Sure thing, the answer was out. However, that was for $635. $650 is only 12.4106%.

Try again with sandpaper for 98.97% accuracy

[boumalo]

Wohooo!!! We are goin up!!!


PREPARE 660 TRAINS PLEASE !!!!

Of course we are going to 660$ but if we go down it is going to hurt many people that will have bought with margin

[roslinpl]

Wohooo!!! We are goin up!!!


PREPARE 660 TRAINS PLEASE !!!!

Of course we are going to 660$ but if we go down it is going to hurt many people that will have bought with margin

Naah. People should be always happy when buying bitcoin no matter is it $500 or $660.
It's always a good time to get some :-)

Regards

[criptix]

i feel so gud right now that i bought last week 

[empowering]

The changes to the deposit methods were announced on their homepages, as they happened over the past four months.  I posted at least a dozen links to the notices in Chinese with Google Translations, others posted human translations, as well as Chinese media articles.  Obviously they could not explain 4 months ago the changes that they were forced to make 2 months ago.  

I'm not talking about announcing changes to the deposit methods.  I'm talking about the fact that the Chinese exchange operators could have gotten together 4-5 months ago, had a meeting, and then published an official joint statement saying something to the effect of, "China has not banned bitcoin, and will never ban bitcoin.  Whatever you read, whatever you hear, it is not banned and will never be banned.  Do not believe any supposed China news FUD that you read that claims otherwise.  Also do not believe any Chinese FUD related to our eventual exchanges demise.  Our Chinese exchanges are not only legal, but we will never shut down.  We will continue to work around the deposit issues with the PBOC.  Do not believe the FUD!  Also, OKCoin's volume is skewed based on 0% fees and HFT only, but it's not fake per se.  But yes, it is a little misleading for sure."  They could have offically published this in English for the Westerners, and on official sites like Coindesk.

But they didn't do that, now did they?  No official joint statement at all to help reassure the public and quell fears.  Hell, the individual Chinese exchange operators barely even spoke (except for Bobby Lee) during that time.  Their PR was just as bad, if not worse, than Mark Karpeles.  It was as if they WANTED the continued ambiguity to fuel the ongoing FUD panic selling.  And that's exactly what it did.

That's not how it works in China, unless you want to make sure your business is shut down faster than you can say Socialism with Chinese Characteristics.

Then you want to explain me why shit like this is coming out now?
http://www.reddit.com/r/Bitcoin/comments/29gwk8/we_are_okcoin_auaask_us_anything/

The Chinese whisper finally made its way to the right ears?
The appropriate palms have now been greased?(Politburo)
The appropriate people have now been schmoozed?
The time is now right and it was not before?
Things change

[kurious]

Coinfloor exchange is now accepting UK Fast Payments for deposits - the first UK exchange to do so!

so sameday deposits. 

You are lucky. Here in France, bitcoin-central is slow. The quickest exchange i know is kraken: 24/48h to get a sepa deposit registered on it.

Actually I have been using Speedy Bitcoin for a while and that is instant and has been for ages.

They're UK based and BTC in your account within minutes.  Been very handy in sudden moves - there is a fee - but in that "Shit! No way of buying but look at the price" moment - it has been invaluable.

[razibuzouzou]

A little update from coindesk : http://www.coindesk.com/us-marshals-release-new-data-silk-road-bitcoin-auction/

The agency told CoinDesk that 45 registered bidders participated in the event, and that 63 bids were received over the course of the auction, which ran from 6am EST to 6pm EST on 27th June.

[ChartBuddy]

Explanation

[derpinheimer]

Bitfenix guy is having fun again..

3k of bids flashing on and off, probably 5k asks (now in 3+ large walls rather than a slant)

[roslinpl]

A little update from coindesk : http://www.coindesk.com/us-marshals-release-new-data-silk-road-bitcoin-auction/

The agency told CoinDesk that 45 registered bidders participated in the event, and that 63 bids were received over the course of the auction, which ran from 6am EST to 6pm EST on 27th June.

Damn those marshalls... they will gain profit from coins that they stole from Silk Road :-)

Seems like everyone like to trade some coins :-)

[Globb0]

Well, that was a bum note.      

heh

Stand away

[Raystonn]

A little update from coindesk : http://www.coindesk.com/us-marshals-release-new-data-silk-road-bitcoin-auction/

The agency told CoinDesk that 45 registered bidders participated in the event, and that 63 bids were received over the course of the auction, which ran from 6am EST to 6pm EST on 27th June.

That shows us the demand from buyers is, at minimum, 63 x 3000 = 189,000 Bitcoins.  Buyers have the fiat to buy that many coins ready to go, and based on the $200,000 deposit received from each, they have demonstrated the desire to use that fiat.  Now subtract those who won the auction and you are left with around 159,000 coins worth of buyers demand still waiting to be purchased by those who already earmarked this money for Bitcoin purchases.

We now have solid confirmation that large buyers with demonstrated desire to buy Bitcoin will have fiat capable of buying 159,000 coins freed up today.  It is highly unlikely these large buyers will remove their bids from the market entirely.  It is more likely their bids will be moved to an exchange.

[zimmah]

have to cash out a few btc. better now or in the morning? whats the odds its hits 650-660 tonight?

74.9998%

thats a very exact percentage? :L how did you come up with that?

Well, I took a piece of paper and rammed it real hard up my ass. Just as you asked, I noticed a tickle around my butt. Sure thing, the answer was out. However, that was for $635. $650 is only 12.4106%.

Fuck, this made me laugh.

If you like to laugh about percentages see my sig

that joke is actually funny, no lie.

[ejinte]

Everyone waits for ages for the price to go up. And when it goes up they totally completely fucking panic and crash the price back where it was before.
Bitcoin traders....

'


This poster... His shit is on every page.

What he doesn't understand is that the price has it's own will.

People want to sell because they want to take profit.
Because they've bills to pay.
Because they want to invest in something else.
Because they're scared of something.

But he's crying for every dollar we drop, every time.