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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 26408758 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.)
adamstgBit
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September 08, 2014, 02:16:01 AM

bitcoin drops 3% in 6 hours...
David M
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September 08, 2014, 02:18:01 AM

Crappy volume with no purpose. Not a very impressive break to the downside.
Chuckee
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September 08, 2014, 02:20:59 AM

they are only trying to sell their holdings to you!
And you only trying to buy my holding cheaper

/ignore

I trying to help people here, I don't care about buying back. Until I see a strong indicator that the bear market is over, or some new innovation is in development, I am out! I have been out since July, when price was still >$600.

For weeks I have warned you all about a price floor collapse, and people have scoffed and abused me. Some asked my help, and I provided it. Now they have cut their loose, and they will be OK. Don't listen to the echo chamber... market fundamentals have changed since 2013 and bitcoin is no longer a major player in the mobile payments market!
worldinacoin
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September 08, 2014, 02:23:53 AM

It is easy to see high volatility in Bitcoin due to its limited volume, nothing to be excited about, but the fact is it is steadily increasing in pricing and more and more interested being generated shows that it is the sole crypto coin under consideration.
hodlmybtc
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September 08, 2014, 02:25:16 AM

they are only trying to sell their holdings to you!
And you only trying to buy my holding cheaper

/ignore

I trying to help people here, I don't care about buying back. Until I see a strong indicator that the bear market is over, or some new innovation is in development, I am out! I have been out since July, when price was still >$600.

For weeks I have warned you all about a price floor collapse, and people have scoffed and abused me. Some asked my help, and I provided it. Now they have cut their loose, and they will be OK. Don't listen to the echo chamber... market fundamentals have changed since 2013 and bitcoin is no longer a major player in the mobile payments market!

If you're trying to help people to do the same as you you make them lose real value, until you sold your BTC you never lost real value.

I bought coins above $600 and below and I'm buying even more at these prices, the lower the price goes the better.

Don't sell your coins at a loss.
Sandia
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September 08, 2014, 02:32:52 AM

Ask sum on Bitstamp is at a record high, bidsum approaching record low.

Here's the BA Ratio versus price at that time:

Current Bid/Ask ratio: 0.600 - $470
Record low Bid/Ask ratio: 0.477 - $117
Record high Bid/Ask ratio: 2.502 - $885


**Within 1 year

May I ask where you sourced this data; I used to use cryptocoincharts for ratio data but it stopped working a while back (first the Stamp ratio, now the entire site).

Of course, the perma bulls will claim this as being 'meaningless' -- earlier in the year, I recall aminorex insisting the bid/sum ratio is inconsequential.  Funny how numbers become 'useless' when they go the wrong way. Cheesy Cheesy

You might want to look at Bfx where the ratio is the inverse.

1800 coins dumped in big orders on Bfx.
Moria843
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September 08, 2014, 02:35:13 AM

Can we have one up day please?
ChancellorOnABrink
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September 08, 2014, 02:42:17 AM

Can we have one up day please?
why ?
I can still use Bitcoin whatever the price, and if it's "low" i can buy moaaarrrrr bitcoin.

Dont understand your problem?
adamstgBit
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September 08, 2014, 02:43:04 AM

Can we have one up day please?
why ?
I can still use Bitcoin whatever the price, and if it's "low" i can buy moaaarrrrr bitcoin.

Dont understand your problem?

lol ok there...

some of us have way more then we can offrod to lose tide up in bitcoin

come on bitcoin 1 day up! please, for old times sakes.
hodlmybtc
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September 08, 2014, 02:47:44 AM

Broken bot on BTC-E!! Was buying btc at 3400€ Shocked Shocked Shocked

Idea from one guy in trolbox:
€ is still low.... if you have any crypto on btc-e selll it for €! Ratio will be soon normal again. Nice idea! Made some €€€€€  Grin

Wow insane, look at the 1 minute graph  Shocked

How much BTC was approximately bought at 3200 EUR?
ChancellorOnABrink
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September 08, 2014, 02:54:27 AM

Code:
04:53:04 583 30.6414
04:53:04 575 11.9937

still a crazy bot  ?
ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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September 08, 2014, 02:59:11 AM


Explanation
adamstgBit
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September 08, 2014, 03:06:31 AM





lol wtf
adamstgBit
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September 08, 2014, 03:07:10 AM

probably just some buggy data feed...
hodlmybtc
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September 08, 2014, 03:11:37 AM

LTC/EUR also went crazy:



Getting some BTC and bought some LTC for XMR, sending all to BTC-e hoping the crazy bot goes crazy again  Grin
Torque
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September 08, 2014, 03:14:29 AM

Haha, trader fail.  Temporarily trading BTC for LTC isn't really dumping BTC at all.   Tongue
Davyd05
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September 08, 2014, 03:15:02 AM

LoL trollbox alive with chatter.. what kind've bot has that much cash flow if it was an error?
adamstgBit
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September 08, 2014, 03:24:14 AM

lol there new bids popping up @ like 428EUR   this is like 554.38US

wtf!
adamstgBit
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September 08, 2014, 03:28:59 AM

ChancellorOnABrink
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September 08, 2014, 03:35:03 AM

From reddit

Quote
He's from next year
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