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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26380868 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.)
kodtycoon
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July 24, 2014, 12:02:12 PM

Quick question: We have some decent support at 605 on Stamp. Will it hold or will we eat right through that?

No-one knows. It looks unlikely to break 600 though, so bounce of that and then we take off?

i hope so.. im shittin bricks here.. Sad my coins are too tied up in other stuff to get out in any reasonable time frame.. :/
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minerpumpkin
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July 24, 2014, 12:03:32 PM

Quick question: We have some decent support at 605 on Stamp. Will it hold or will we eat right through that?

No-one knows. It looks unlikely to break 600 though, so bounce of that and then we take off?

i hope so.. im shittin bricks here.. Sad my coins are too tied up in other stuff to get out in any reasonable time frame.. :/

Switching to the 1 month view relaxes you a bit. Try that Smiley Things aren't as bad from that perspective!
Wandererfromthenorth
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July 24, 2014, 12:04:10 PM

Huge drop, wow.  Wasn't expecting that to be honest
minerpumpkin
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July 24, 2014, 12:04:39 PM

Quick question: We have some decent support at 605 on Stamp. Will it hold or will we eat right through that?

No-one knows. It looks unlikely to break 600 though, so bounce of that and then we take off?

Take off... umm don't know. We may bounce back, that's a possibility. But I don't see any train starting from here as of now. Bitcoinity's depth graph is buggy as hell for me so it's difficult to keep track of the walls at the moment.
ChrisML
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July 24, 2014, 12:05:02 PM

Quick question: We have some decent support at 605 on Stamp. Will it hold or will we eat right through that?

No-one knows. It looks unlikely to break 600 though, so bounce of that and then we take off?

1200 coins left to break 600. It seems likely.


EDIT.

Make that 900 coins.
magicmexican
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July 24, 2014, 12:07:24 PM

Could the dumps be related to the ethereum ipo launch?
dreamspark
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July 24, 2014, 12:08:11 PM

Could the dumps be related to the ethereum ipo launch?

In what sense ?

I dont see how the two could be at all linked ?
SaveForrest
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July 24, 2014, 12:08:54 PM

Quick question: We have some decent support at 605 on Stamp. Will it hold or will we eat right through that?

its sinking under all SR levels
wachtwoord
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July 24, 2014, 12:09:12 PM

Could the dumps be related to the ethereum ipo launch?

In what sense ?

I dont see how the two could be at all linked ?

The IPO was paid in BTC. The recipient could be dumping them all on an exchange. Seems unlikely though.
minerpumpkin
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July 24, 2014, 12:09:23 PM

Quick question: We have some decent support at 605 on Stamp. Will it hold or will we eat right through that?

No-one knows. It looks unlikely to break 600 though, so bounce of that and then we take off?

1200 coins left to break 600. It seems likely.


EDIT.

Make that 900 coins.

That's a hell lot of coins compared to the volume we've seen the past days and even weeks! But things are accelerating again so we may break it. I really hoped not to see the 500s again... Sad
minerpumpkin
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July 24, 2014, 12:10:36 PM

Could the dumps be related to the ethereum ipo launch?

In what sense ?

I dont see how the two could be at all linked ?

The IPO was payed in BTC. The recipient could be dumping them all on an exchange. Seems unlikely though.

Ah yeah, that could make sense. I was thinking: If they acquire a lot of BTC, the supply actually would go down so there'd be no reason for the price to drop. But you've got a valid point there - although you're right that it's not that probable!
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July 24, 2014, 12:12:38 PM

That would be nice. But that's not the way of the world or life on it. Life's not fair and not everyone gets what they deserve.

I'm sorry if you think that life hasn't been fair to you. I see the world in a different spiritual perspective, where our karma reaches beyond our present lives.


Here's your opening, BitChick.  Finally, someone, if you count Pumpkinhead as someone, wants to talk about religion.

I guess I fell asleep too early. Wink

Here is a verse for you all: Ecclesiastes 7:16 Do not be over righteous, neither be over wise-- why destroy yourself?  That is something to ponder.  I really like that verse.  Especially because I grew up in a somewhat legalistic environment and realized early on that perfection is impossible to attain.

Basically, most religions are about karma or doing good to earn something.  Fortunately, following Christ is not about that.  It is about realizing we can never be righteous on our own and letting Him change us from the inside out.

I will stop now though.   Grin


This really saddens me because I thought you were a balanced and open minded individual. Unfortunately, even if you don't belong in the same class of idiots like igorr, mah87 and co., I will have to put you on ignore. There are VERY few things worse in this world than overzealous religious cultists.
Wandererfromthenorth
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July 24, 2014, 12:13:22 PM

disturbance in the aether ...
Indeed my padawan, there is a disturbance in the force  Lips sealed

kodtycoon
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July 24, 2014, 12:13:33 PM

starting to bounce?
mmitech
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July 24, 2014, 12:14:40 PM

So what is happening ?
joburgtaxi
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July 24, 2014, 12:15:10 PM

What is the best website to look at wall depth and order book ?
bitgeek
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July 24, 2014, 12:15:31 PM

Bitcoin is going down and nobody knows why. Normally there were always some news we could blame but this dump is just ridiculous. IMO people saw somebody dumping, have no idea why and are doing the same.
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July 24, 2014, 12:15:41 PM

That would be nice. But that's not the way of the world or life on it. Life's not fair and not everyone gets what they deserve.

I'm sorry if you think that life hasn't been fair to you. I see the world in a different spiritual perspective, where our karma reaches beyond our present lives.


Here's your opening, BitChick.  Finally, someone, if you count Pumpkinhead as someone, wants to talk about religion.

I guess I fell asleep too early. Wink

Here is a verse for you all: Ecclesiastes 7:16 Do not be over righteous, neither be over wise-- why destroy yourself?  That is something to ponder.  I really like that verse.  Especially because I grew up in a somewhat legalistic environment and realized early on that perfection is impossible to attain.

Basically, most religions are about karma or doing good to earn something.  Fortunately, following Christ is not about that.  It is about realizing we can never be righteous on our own and letting Him change us from the inside out.

I will stop now though.   Grin


There's no such thing as universal good.
JorgeStolfi
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July 24, 2014, 12:18:28 PM

Huobi has just reformulated their wepage and trading interface:
https://www.huobi.com/news/index.php?a=show_notice&id=445
I hope they tested it before putting it in use...  Grin
houseo
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July 24, 2014, 12:19:14 PM

Could the dumps be related to the ethereum ipo launch?

The IPO was payed in BTC. The recipient could be dumping them all on an exchange. Seems unlikely though.

Ah yeah, that could make sense. I was thinking: If they acquire a lot of BTC, the supply actually would go down so there'd be no reason for the price to drop. But you've got a valid point there - although you're right that it's not that probable!

they aren't dumping them. they have all the received btc in a multi-sig wallet address.
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