Go bitstamp , GOOOOOOO!
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23511. (Read 26713252 times)
January 14, 2015, 05:42:24 PM
January 14, 2015, 05:42:20 PM
Time to retest $150 again
January 14, 2015, 05:41:35 PM
Every time I go online the price is lower.
This is a blood bath.
Is it going to be below 100 dollars when I wake up tomorrow?
This is a blood bath.
Is it going to be below 100 dollars when I wake up tomorrow?
January 14, 2015, 05:39:12 PM
the boxtrolls at btc-e are getting nervous again , 166 
January 14, 2015, 05:34:10 PM
New ATH by next week?
I hope so 
January 14, 2015, 05:33:19 PM
New ATH by next week?
January 14, 2015, 05:32:22 PM
They prolly started with much less, but have easily doubled up or more during every raid making them ~16X more powerful than when they started- 32X if you count this last one. These are technically skilled traders to begin with who would be profitable traders even if they weren't market movers and market makers. When you have skill to begin with, it takes much less ammo to push the market in the direction it wants to go anyway. Even I could walk it up and walk it back on a slow day with very low volume and--as has been pointed out several times--am just a hick fireman.
Surely they don't risk all of their capital every time. One miscalculation or piece of bad luck and you get wiped out.
They don't have to risk all of it because they are so powerful, they only risk what they need to risk. They were going to push the market down until there was a long squeeze. I have no idea how much of their capital it took but surely not all of it. The problem is there has been no real bounce yet like the other four raids. This is new. They may have been too successful in accumulating coins and now they have (like me ironically) too many coins that aren't worth anything. Yes, we can leverage them up to push the market higher, but not sustainably without a fresh infusion of fiat.
This may be an unrecoverable stall without Big Money coming to the rescue and who knows how long we're going to bleed before the vultures come in and pick over our carcasses. I am not selling, but I have to prepare for an indefinite period without additional income.
January 14, 2015, 05:31:30 PM
Yes but what does this have to do with Bitcoin. I seriously hope you don't believe that these people then would move to Bitcoin or something.
The question was merely what would be the most bullish for Bitcoin. I believe the collapse of the Greek economy would most definitely be that. I would expect some to move (some of) their money to Bitcoin but the majority movement would be speculators as it was with Cyprus.
I never seen any evidence that Cyprus was the reason for Bitcoin to go up even 1 dollar.
And nobody in Greece is stupid enough to put their money in a highly volatile hard to use currency that has been going down for a year.
you not supposed to buy gold and silver either.
January 14, 2015, 05:31:25 PM
Famous bitcoin holders that bitcoiners glorify are either lunatics, schizo clowns, megalomaniac sociopaths, straight out scammers or criminals.
Business as usual.
Business as usual.
Next they will hope for a country to collapse to save their bag. As much as i used to joke about it, it's actually very sad now that crypto true face is revealed.
Keep selling your idealist lie about freedom to rob people's money bitcoiners ponzists. Keep talking about organic growth when it's all about pump and dump and always has been.
January 14, 2015, 05:29:21 PM
instead we got no attack at all
Bitstamp was hacked last week and lost 19,000 bitcoins. That doesn't count as an attack?Quote
government regulation
I thought a major appeal of bitcoin was that it was free from government control. So how is that a good thing?Quote
microsoft/Dell/expedia, and so forth and much more... but the price collapsed and the sentiment is as if bitcoin is going to hell.
Microsoft, Dell, and Expedia are not accepting bitcoins. They are accepting USD through a third party payment processor. Only after bitcoiners begged them to accept their coins did they relent. And it's because it didn't cost much to integrate and they know that there will only be a a tiny trickle of people using the option.This is actually bad for bitcoin, because it essentially demonstrates that real businesses are not willing to accept bitcoins unless they're dumped immediately for cash. Bitcoin is far too volatile and prone to theft to be viable as a real currency.
January 14, 2015, 05:28:18 PM
Ok, 300k was a bit too optimistic, but we will soon have 250k on finex.
January 14, 2015, 05:27:47 PM
Can someone explain these "four punch raids" or point me to where this is outlined?
I think I know what this is referring to, but I am not 100%.
I think I know what this is referring to, but I am not 100%.
January 14, 2015, 05:25:58 PM
Anybody who ever has, or is saying that Cyprus was the cause for the April run up, feel free disregard their opinions in the future and/or laugh in their face.
Ill elaborate if anyone needs an explanation.
Tldr though; its complete bullshit
Ill elaborate if anyone needs an explanation.
Tldr though; its complete bullshit
I never thought that, nonetheless I wouldn't mind hearing you explain why you feel that way.
January 14, 2015, 05:23:44 PM
What's the most bullish thing imaginable? I would like some brainstorming please.
The US government announces plans to buy 25 million bitcoins over the next 3 months.
It sounds like they should read the white paper first :/
TL;DR
Where is it The Honorable Doctor Professor Jorge Stolfi works again? I need to know so I can advice my children never to apply there.
pretty sure it's an argentinian school. south american for sure.
It´s Brasilian...
I saw, Sao Paulo aka "Thug City". Explains a lot.
January 14, 2015, 05:17:57 PM
Please explain in non tech terms
bitcoins that have not moved in a long time are moving - maybe to an exchange to be sold.
edit: it's not that big of a deal though. no need to panic.
Putting things in perspective, sometimes helps:
https://blockchain.info/de/charts/bitcoin-days-destroyed?timespan=1year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
yes, hence my edit
This is an indicator I look the most (together with hashrate). I was trigger happy. Apologies.
January 14, 2015, 05:17:22 PM
I'm starting to think the Four Punch Raiders may have lost control of this market. They need to remember the Hustler's Axiom:
You can sheer a sheep many times, but you can skin him only once.
I ain't buyin' another goddam coin to assist in the short squeeze but I'll short like hell after the pop. BUT this time there may not be a short squeeze. I think there is a real possibility that there will be another drop and the FPRs will get long squeezed themselves.
You can sheer a sheep many times, but you can skin him only once.
I ain't buyin' another goddam coin to assist in the short squeeze but I'll short like hell after the pop. BUT this time there may not be a short squeeze. I think there is a real possibility that there will be another drop and the FPRs will get long squeezed themselves.
I thought you were buying even if it fell to $10?
I'm long now, but I'm not buying more until the four punch raids stop. This last one was too big. For now I am content with my stash and making money front-running these assholes. To be honest, I simply can't afford to put any additional money at risk.
How many btc do you think it would take to execute one of these four punch raids?
I think relatively few considering the total BTC market cap. It has always been easier to destroy than to create, and with shorting possible, the incentive is there as well. I don't think these are government people or banksters. They are simple profiteers. They combine viral campaigns, trolling and possibly insider information and stolen coins to effectively amplify their impact. It's quite impressive really from a purely amoral strategic point of view.
The short answer: only a few hundred thousand coins.
a few hundred thousand -- that's quite a few coins I think. Unless you mean a few hundred thousand on leverage, which would only require an order of magnitude less in starting capital.
They prolly started with much less, but have easily doubled up or more during every raid making them ~16X more powerful than when they started- 32X if you count this last one. These are technically skilled traders to begin with who would be profitable traders even if they weren't market movers and market makers. When you have skill to begin with, it takes much less ammo to push the market in the direction it wants to go anyway. Even I could walk it up and walk it back on a slow day with very low volume and--as has been pointed out several times--am just a hick fireman.
Surely they don't risk all of their capital every time. One miscalculation or piece of bad luck and you get wiped out.
January 14, 2015, 05:16:39 PM
Please explain in non tech terms
bitcoins that have not moved in a long time are moving - maybe to an exchange to be sold.
edit: it's not that big of a deal though. no need to panic.
Putting things in perspective, sometimes helps:
https://blockchain.info/de/charts/bitcoin-days-destroyed?timespan=1year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
yes, hence my edit
January 14, 2015, 05:15:30 PM
Please explain in non tech terms
bitcoins that have not moved in a long time are moving - maybe to an exchange to be sold.
edit: it's not that big of a deal though. no need to panic.
Putting things in perspective, sometimes helps:
https://blockchain.info/de/charts/bitcoin-days-destroyed?timespan=1year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
January 14, 2015, 05:14:55 PM
BFL causing the sell pressure?
http://www.reddit.com/r/Bitcoin/comments/2sdwf8/butterfly_labs_is_the_culprit/
http://www.reddit.com/r/Bitcoin/comments/2sdwf8/butterfly_labs_is_the_culprit/
January 14, 2015, 05:12:32 PM
Please explain in non tech terms
bitcoins that have not moved in a long time are moving - maybe to an exchange to be sold.
edit: it's not that big of a deal though. no need to panic.
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