Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24553. (Read 26712836 times)

Hey you little piece of shit, GTFO, 90% of your posts = pure trolling. So get lost please, thank you.

So we know how illiquid the market is, from the 30K dumper.

Speculation: Someone with a large stash of fiat money, could be the fund (based on the comment that someone in OKcoin carelessly revealed) or some other rich entity, person or institution. Looking at the trade volumes, which easily can be several hundred thousand coins per day in aggregate, they thought that the start (maybe 1000 BTC) was piece of cake for that large market. But we got a spread of 50 USD between OKcoin and bitstamp, less differences with Huobi and Btcchina. After more than a day, there is still a spread, while the normal situation is that bitstamp is a few dollars higher. The arbitrage is probably small, we know that it is quite expensive in fees, and take a long time to shuffle the fiat around. Probably, the reason for the normally close prices is that the normal bitcoin trader uses more than one exchange, and when he wants to buy he uses the cheapest.

So they have learnt that when they touch the exchange, they drive the price. What will they do? I guess after some consideration, they will start to use all the large bourses and spread out the buys. That could happen in a few days. They will learn that they still will drive the market, but this time without the large spread. So one conclusion they might draw, is that bitcoin is too small, it will present the same type of problem when they want out, and just give up. Or, they just bite the apple and let the price rise.

http://www.youtube.com/watch?v=01MRCQ8Q4Cw

i'm laughing so hard. good thing i had work drinks tonight.

Moon Gentlemen require the right suits. Wiring more money to bitstamp now. this bubble aint going to fuel itself.

This is getting kinda stupid.

here we go again 

don't worry about the dumpers. They are the same people buying back in @ $500.

the only thing to worry about is if the 4HR moving average turns negative. then bail, wait for it to turn positive again and $$$$$$. rinse and repeat.

lol at that shakeout


ah btw hodl + popcorn these days seems to be quite a solid strategy.

Apart from those seven 

this is a rollercoaster... im without words 

http://4.bp.blogspot.com/-ICdK3qjkqQI/UBJsOlQJnWI/AAAAAAAAUO8/0MHsQuxIQkg/s640/toro_osborne.jpg

3k yuan

Over 500.

The Chinese are waking up.

This is the first step to enlightenment, Grasshopper.

You realize we're the early adopters right?

Yes, exactly, remember that trading is a zero-sum game.

I would have thought that all that blood would stop the roller coaster but apparently I was wrong. Or not yet.