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

[SirChiko]

bitstamp keeps pushing, but no one is following.

Europeans are in trouble for sure but I hope this is not a new MtGox too..

How many coins did you recover?

glad to hear you got some coins back klee. i hope you get the rest too.

what do you mean europeans are in trouble? because of the portagul bank in the crapper?

Look into his thread it was 4xx but if i'd be on your place klee i'd request 600 atleast as he is clearly worried about his life and future..

[Krabby]

Fill your bags!

[mmitech]

in the other hand, a Litecoin pump has just started... is this a reversal ? we will see about it.

24H volume converted to BTC and compared to all coins:

[ShroomsKit]

Feel free to stop dumping and let it go up a bit for once. Yes, thank you.

[ChartBuddy]

Explanation

[seljo]

Meanwhile on stmp 638...

[ChartBuddy]

Explanation

[Krabby]

Why does the ask wall on stamp dance around like that?

[derpinheimer]

Why does the ask wall on stamp dance around like that?

Junk bot; this same bot has danced that ask wall to where it is now from like $680.. slowly creeping down.

[SirChiko]

Why does the ask wall on stamp dance around like that?

Junk bot; this same bot has danced that ask wall to where it is now from like $680.. slowly creeping down.

Why do you see bots everywhere and blame bots of everything?

[derpinheimer]

Why does the ask wall on stamp dance around like that?

Junk bot; this same bot has danced that ask wall to where it is now from like $680.. slowly creeping down.

Why do you see bots everywhere and blame bots of everything?

  No human would be doing this as the same wall moves 24hrs a day for the last week+.

[SirChiko]

Why does the ask wall on stamp dance around like that?

Junk bot; this same bot has danced that ask wall to where it is now from like $680.. slowly creeping down.

Why do you see bots everywhere and blame bots of everything?

  No human would be doing this as the same wall moves 24hrs a day for the last week+.

Why a single human? Some peope want it to go up, some down and some want to cash out every day. It's market of thousands+ persons involving every day.

[derpinheimer]

Why does the ask wall on stamp dance around like that?

Junk bot; this same bot has danced that ask wall to where it is now from like $680.. slowly creeping down.

Why do you see bots everywhere and blame bots of everything?

  No human would be doing this as the same wall moves 24hrs a day for the last week+.

Why a single human? Some peope want it to go up, some down and some want to cash out every day. It's market of thousands+ persons involving every day.

It's the same set of coins.. every couple of minutes. 2 weeks ago the ask sum was a flat line that moved up or down as people added to the ask wall, or market orders ate some up. Now it goes up and down a couple hundred every few minutes, by about the same amount. It's a bot.

[deadley]

Why does the ask wall on stamp dance around like that?

Junk bot; this same bot has danced that ask wall to where it is now from like $680.. slowly creeping down.

You can't stop bot, these days bot is necessity for trader who do day trading.

[ChartBuddy]

Explanation

[DubFX]

Why does the ask wall on stamp dance around like that?

Junk bot; this same bot has danced that ask wall to where it is now from like $680.. slowly creeping down.

You can't stop bot, these days bot is necessity for trader who do day trading.

Day trading sucks anyway and will likely put you into minus value.

[JayJuanGee]

Prices have been boring for a long time now. What am I supposed to do, sit tight prettily? I want to feed on high volatility and troll those who made the wrong calls

Go up a lot, or down. Do something.

You guys realize that a stable coin is good for the cryptoconomy right?

Yes, stable does = good
But
Higher value also = good
So

We need to just go ahead and figure how big bitcoin needs to be and make it that value now so it can stay there and be stable

 

That's not going to happen until
BTC reaches a fairly high market cap, something like 100k per coin, and even then there will likely be continued and ongoing increases in value.

[abercrombie]

Bitcoin Bank for Chinese?

http://www.forbes.com/sites/ericxlmu/2014/07/12/major-chinese-exchanges-rolled-out-bitcoin-banking-services/

[JorgeStolfi]

I'm surprised no one is talking about the Gox creditor meeting on the 23rd as being a possible catalyst. Especially when the fate of 200,000 Bitcoins lies in the balance...

I think that read somewhere that Mark managed to convince the liquidators that a certain amount of the bitcoins in question were not owned by MtGOX but by the parent company Tibanne, so they should not be included in the MtGOX liquidation.  Did I only dream of it?

[ChartBuddy]

Explanation