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

[ChartBuddy]

Explanation

[cbeast]

Edit: Also the 1W MACD is about to cross the signal line....and well we all know what happens when that occurs

Um... the Age of Aquarius?

I'm not sure I understand your reference. But here is mine:

Those things never left orbit before they came (sometimes crashing) down. FYI I was poking fun at using charts for prediction as similar to astrology. Note: I have my own pet predictive system as well.

[bitebits]

I had a look at this "wallet" (set of apparently connected addresses) that is claimed to be
the input wallet of BitPay:
http://www.walletexplorer.com/wallet/BitPay.com

I looked the pages for 2014-11-28, Black Friday, spanning from 07:52 to 20:42 UTC (01:52 to 14:42 in central US).  I should have checked another 8-10 hours after that, but the latter hour is the limit of the database, it seems.

In that time interval, the wallet started with 3495 BTC and ended with 1340 BTC.  Along the way there were maybe 2300 small inputs (assumed to be customer payments), some 150-200 outputs adding to 997 BTC, and one lump output of 2000 BTC.  Thus the inputs in that interval should add to 1340 - 3495 + 997 + 2000 = ~842 BTC.  That is about 315'000 USD.

Note that there may be other addresses belonging to BitPay that the site does not recognize as such.  

Tomorrow I may have a look at last year's Black Friday, and at other random days, for comparison.

Please do so, interesting post Jorge.


btw: 0.25BTC bot going crazy on Bitfinex, never noticed before: every 7 seconds 0.25 btc are bought.

[ChartBuddy]

Explanation

[lyth0s]

I had a look at this "wallet" (set of apparently connected addresses) that is claimed to be
the input wallet of BitPay:
http://www.walletexplorer.com/wallet/BitPay.com

I looked the pages for 2014-11-28, Black Friday, spanning from 07:52 to 20:42 UTC (01:52 to 14:42 in central US).  I should have checked another 8-10 hours after that, but the latter hour is the limit of the database, it seems.

In that time interval, the wallet started with 3495 BTC and ended with 1340 BTC.  Along the way there were maybe 2300 small inputs (assumed to be customer payments), some 150-200 outputs adding to 997 BTC, and one lump output of 2000 BTC.  Thus the inputs in that interval should add to 1340 - 3495 + 997 + 2000 = ~842 BTC.  That is about 315'000 USD.

Note that there may be other addresses belonging to BitPay that the site does not recognize as such.  

Tomorrow I may have a look at last year's Black Friday, and at other random days, for comparison.

Please do so, interesting post Jorge.


btw: 0.25BTC bot going crazy on Bitfinex, never noticed before: every 7 seconds 0.25 btc are bought.

That bot is taking us straight up. Getting some bigger buy orders now

[(Lithium)]

Why people posting rocket pictures in such sideways market like the current one?

[lyth0s]

Why people posting rocket pictures in such sideways market like the current one?

Did you not read my post? Market is sideways, building support and 3D MACD is turning green and the 1W is almost green. This helps to show a trend reversal for the first time in a lonnng time.

[SnokkomBTC]

Why people posting rocket pictures in such sideways market like the current one?

Did you not read my post? Market is sideways, building support and 3D MACD is turning green and the 1W is almost green. This helps to show a trend reversal for the first time in a lonnng time.

That's a good summary gentlemen

[ChartBuddy]

Explanation

[ask]

I had a look at this "wallet" (set of apparently connected addresses) that is claimed to be
the input wallet of BitPay:
http://www.walletexplorer.com/wallet/BitPay.com

I looked the pages for 2014-11-28, Black Friday, spanning from 07:52 to 20:42 UTC (01:52 to 14:42 in central US).  I should have checked another 8-10 hours after that, but the latter hour is the limit of the database, it seems.

In that time interval, the wallet started with 3495 BTC and ended with 1340 BTC.  Along the way there were maybe 2300 small inputs (assumed to be customer payments), some 150-200 outputs adding to 997 BTC, and one lump output of 2000 BTC.  Thus the inputs in that interval should add to 1340 - 3495 + 997 + 2000 = ~842 BTC.  That is about 315'000 USD.

Note that there may be other addresses belonging to BitPay that the site does not recognize as such. 

Tomorrow I may have a look at last year's Black Friday, and at other random days, for comparison.

Please do so, interesting post Jorge.


btw: 0.25BTC bot going crazy on Bitfinex, never noticed before: every 7 seconds 0.25 btc are bought.

That bot is taking us straight up. Getting some bigger buy orders now

Bot actualy buys apx 3000 bitcoins per day.

[bitebits]

btw: 0.25BTC bot going crazy on Bitfinex, never noticed before: every 7 seconds 0.25 btc are bought.

Bot actualy buys apx 3000 bitcoins per day.

Yes, I can do the math. But for how long is this 'quarter bot' already active on Bitfinex?

[ChartBuddy]

Explanation

[Davyd05]

some more hashing power coming back online, 300kgh/s again

[lay785]

cmon .25 bot (nicknamed "quarter bot") - you can do it!

[Assad]

Why people posting rocket pictures in such sideways market like the current one?

Did you not read my post? Market is sideways, building support and 3D MACD is turning green and the 1W is almost green. This helps to show a trend reversal for the first time in a lonnng time.

People talking about MACD and stuff for some time saying it is sign of recover, but no recover so far.

Also not everyone can understand the TA fundamentalities

[ChartBuddy]

Explanation

[magicmexican]

Why people posting rocket pictures in such sideways market like the current one?

Did you not read my post? Market is sideways, building support and 3D MACD is turning green and the 1W is almost green. This helps to show a trend reversal for the first time in a lonnng time.

People talking about MACD and stuff for some time saying it is sign of recover, but no recover so far.

Also not everyone can understand the TA fundamentalities

MacD really stopped "working" for the upwards movements. Its still, however, works pretty good for spotting dumps. (2h indicator is my personal favorite)

[ask]

Why people posting rocket pictures in such sideways market like the current one?

Did you not read my post? Market is sideways, building support and 3D MACD is turning green and the 1W is almost green. This helps to show a trend reversal for the first time in a lonnng time.

People talking about MACD and stuff for some time saying it is sign of recover, but no recover so far.

Also not everyone can understand the TA fundamentalities

3d and 1w MACD are slow indicators. Short term oscilations dont have much influence on them (check last 3 weeks). They are good for long term trading or better investment.

[NotLambchop]

    Achtung Bitcoiners!

                   THE FUTURE IS OURS!

Bitcoin: Work! Bitcoin: Faith! Bitcoin: Beauty!

[BlindMayorBitcorn]

    Achtung Bitcoiners!

                   THE FUTURE IS OURS!

Bitcoin: Work! Bitcoin: Faith! Bitcoin: Beauty!

Nazis today then?