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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32239. (Read 26714954 times)

hero member
Activity: 854
Merit: 1000
Life as a bitcoin whale manipulator with tons of fiat and bitcoins

- place a new giant bidwall lower than previous supporting wall, where you want the price to go
- take a big whale dump on bids and get more fiat while minnows poop lower priced coins into your low wall
- Put a new bid wall at a higher price and watch the minnows panic buy, now you got more fiat, more coins

I get it. Yet I've fallen for it so many times.
legendary
Activity: 1400
Merit: 1013
Guess the bears have ran out of ammo again.  I don't know why they keep trying.
Levered traders who need to pay back their loans?
hero member
Activity: 854
Merit: 1000
why would i sell at 320 when i can sell at 280 Huh
hero member
Activity: 518
Merit: 500
Guess the bears have ran out of ammo again.  I don't know why they keep trying.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 196
Merit: 100
The technical support meltdown in #mtgox right now is quite a spectacle to behold.

Is this in regards to people not being able to get fiat out? Or is it fiat AND BTC?

yes it is both. gox is fucking lol.



cant get fiat OR BTC


hahahaha

It apparently is related to mining pools dumping there nice new coins directly onto the exchange. So apparently with minted coin, they need 100 confirmations before they can be spent? So he mixes your transfer out with the new mints, and presto...you are stuck waiting 3 days for your coins...

Ah! That's a pretty good technical explanation really. I just tried a BTC withdraw out of curiosity. Lets see how long it takes.

EDIT: Just got the BTC as I clicked posted. Took no more then a minute. Withdrew 10 BTC as a tester (didn't want it to not work and leave a whole chunk in limbo!)

So anyway, seems like FUD to me unless the amount makes any difference (which I doubt).
User sturle reported something about a coinbase related 100 confirmations bug in the thread Mt.Gox withdrawal (the gathering).
From all I have seen, it was mostly people flipping out, when Gox had to refill from cold storage.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
As a newcomer and "rediscovering" bitcoin exactly a week ago and now waiting desperately verification on bitstamp, imagine how i am now watching the price movements  Shocked. Although, the last 2 hours seem promising. Cheesy

Sometimes faster coins are better than cheaper coins.  If you want some today, check out localbitcoins or bitcoin-brokers (which is like local bitcoin but with concierge service)
member
Activity: 68
Merit: 10
As a newcomer and "rediscovering" bitcoin exactly a week ago and now waiting desperately verification on bitstamp, imagine how i am now watching the price movements  Shocked. Although, the last 2 hours seem promising. Cheesy
hero member
Activity: 854
Merit: 1000
still holding, earlier this year I'd have pulled my patented sell low buy high move

same here. still hurts, but not as much as loosing BTC

Managed to pull the correct manoeuvre this time (sell high, buy low, but not as low as I could have in the hindsight Tongue ), compensating a minor loss from this morning. Holding 100% from now on.

I'm in the process of grudgingly moving some btc back to gox for trading cause bitstamp is just awful for that : hope to pull a similar move (only going to risk 20% of btc max for trading)
legendary
Activity: 1680
Merit: 1014
still holding, earlier this year I'd have pulled my patented sell low buy high move

same here. still hurts, but not as much as loosing BTC

Managed to pull the correct manoeuvre this time (sell high, buy low, but not as low as I could have in the hindsight Tongue ), compensating a minor loss from this morning. Holding 100% from now on.
hero member
Activity: 854
Merit: 1000
hehehe, interesting to watch. almost as if the market is unsure if the correction should continue or not. re-testing 270 is still a real possibility, IMO. If we'd go there, we'll see what is stronger, hunger for more coins, or fear. however right now it looks like bitstamp has enough buying pressure to stop it from going further (that'd be a new development, bitstamp *stopping* a correction, instead of initiating it oO)

Selling started on stamp then gox got pulled in Cheesy
legendary
Activity: 1470
Merit: 1007
hehehe, interesting to watch. almost as if the market is unsure if the correction should continue or not. re-testing 270 is still a real possibility, IMO. If we'd go there, we'll see what is stronger, hunger for more coins, or fear. however right now it looks like bitstamp has enough buying pressure to stop it from going further (that'd be a new development, bitstamp *stopping* a correction, instead of initiating it oO)
full member
Activity: 224
Merit: 100
hero member
Activity: 894
Merit: 501
still holding, earlier this year I'd have pulled my patented sell low buy high move

same here. still hurts, but not as much as loosing BTC
donator
Activity: 1722
Merit: 1036
a real bubble would be one where the price goes beyond the expect value of bitcoin if bitcoin was 3% of the world Cool

Yeah, quite certainly there will be a bubble in bitcoin, and then we are talking about a serious bubble where million satoshis is called a millionaire and similar crazy stuff.

Remember, long term, not much above $300k is realistic Wink
legendary
Activity: 1552
Merit: 1047
anyone have roller coaster memes that are appropriate

Preferably with some bears riding around
member
Activity: 111
Merit: 10
Ok, im done correcting, let's rally again ~_~  Grin Grin
hero member
Activity: 854
Merit: 1000
still holding, earlier this year I'd have pulled my patented sell low buy high move
donator
Activity: 2772
Merit: 1019
!!!! Subway! 10% discount! Is this real? Tongue

only in Russia  Grin

In soviet russia, sandwich buys bitcoin.
legendary
Activity: 2170
Merit: 1094
A correction is on the way, the 4th sub-sub-sub-wave of the second sub-sub-wave of the strongest sub-wave of wave 5.
There are now 16.5k coins on the ask side, but most waiting to be sold at higher prices.

We all know how your previous analysis went sub sub sub par!

The correction is already happening in China, but nothing yet on Gox or Bitstamp.

This correction was coming, as I mentioned. It was delayed on Gox by a couple of small whales who bought high.
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