Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24584.

Wary

hero member

Activity: 798

Merit: 1000

Who's there?

Quote from: mikeh2 on November 13, 2014, 01:01:01 AM

pretty annoying, was gonna buy last week but couldn't find any quick easy way to buy in Australia while avoiding the 10% GST, circle's credit card option didn't work either.

Exactly one year ago I had similar story. The only option was bank wire (to MtGox

), it took an extra week, and during the week the price had doubled Sad

macsga

legendary

Activity: 1484

Merit: 1002

Strange, yet attractive.

Quote from: JorgeStolfi on November 13, 2014, 01:01:13 AM

Quote from: SkyValeey on November 13, 2014, 12:43:21 AM

I think this is typical pump by okcoin and btcchina with much more than 50% fake volume at 0% fees.
I don't know where this is going, but this is weird

The rally seems to be pulled by OKCoin. Huobi is usually within a few CNY from OKCoin, but now it is considerably lower (almost 100 CNY below at one time earlier today). And the "Western" exchanges are even lower.

I would guess that OKCoin clients are reacting to the rumor about that multi-billion hedge fund "trading on their platform". The rumor seems to be unconfirmed, though.

Perhaps OKCoin's online forum has some hints about the causes of this rally.

I guess the "rumour" could be verified by the transaction volume. Nevertheless, if you seek for an "official" statement, I heard there's one on Reddit by the CEO OF BITCOIN (aka: THIS IS GENTLEMEN) Grin

Wary

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Who's there?

Quote from: Raystonn on November 13, 2014, 01:00:52 AM

Quote from: Raystonn on October 13, 2014, 03:56:05 PM

The rocket will launch after the countdown. That means page 9876.

Who knew?

What a call!

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Quote from: SkyValeey on November 13, 2014, 12:43:21 AM

I think this is typical pump by okcoin and btcchina with much more than 50% fake volume at 0% fees.
I don't know where this is going, but this is weird

The rally seems to be pulled by OKCoin. Huobi is usually within a few CNY from OKCoin, but now it is considerably lower (almost 100 CNY below at one time earlier today). And the "Western" exchanges are even lower.

I would guess that OKCoin clients are reacting to the rumor about that multi-billion hedge fund "trading on their platform". The rumor seems to be unconfirmed, though.

Perhaps OKCoin's online forum has some hints about the causes of this rally.

mikeh2

newbie

Activity: 50

Merit: 0

pretty annoying, was gonna buy last week but couldn't find any quick easy way to buy in Australia while avoiding the 10% GST, circle's credit card option didn't work either.

Raystonn

sr. member

Activity: 364

Merit: 250

Quote from: Raystonn on October 13, 2014, 03:56:05 PM

The rocket will launch after the countdown. That means page 9876.

Who knew?

ChartBuddy

legendary

Activity: 2380

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

hodlmybtc

hero member

Activity: 700

Merit: 500

Quote from: lyth0s on November 13, 2014, 12:57:03 AM

Volume is low on finex. Super low on bitstamp. CNY exchanges are still high volume (lol? IDK).

Anyone know if the CNY exchange are doing the 2x volume on bitcoinwisdom charts? I know they said they'd keep the 1x chart for the western countries but I never paid attention to what data bitcoinwisdom pulls.

Somewhere I read up to 5x-10x because of zero fees and HFT.

lyth0s

legendary

Activity: 1260

Merit: 1000

World Class Cryptonaire

Volume is low on finex. Super low on bitstamp. CNY exchanges are still high volume (lol? IDK).

Anyone know if the CNY exchange are doing the 2x volume on bitcoinwisdom charts? I know they said they'd keep the 1x chart for the western countries but I never paid attention to what data bitcoinwisdom pulls.

shmadz

legendary

Activity: 1512

Merit: 1000

@theshmadz

Quote from: ask on November 13, 2014, 12:41:37 AM

Quote from: Malin Keshar on November 13, 2014, 12:40:49 AM

Quote from: ask on November 13, 2014, 12:31:44 AM

No one wants to take my 300 BTC at $460. We should go down.

wait 24 hours and sell for more.

Maybe even 500

Sold. Thank you. See you soon

I applaud your effort, nice to see some responsible actors try to stem the tide,

I pray it will be enough.

lyth0s

legendary

Activity: 1260

Merit: 1000

World Class Cryptonaire

Price on bitfinex has been able to hold in mid $450's (current 457.66 and my estimate was at 458) for almost 15 minutes without a panic sell. Very bullish. I'm leaning toward $480 tonight, but we will have to see if any bear dolphins come out to play.

cbeast

donator

Activity: 1736

Merit: 1014

Let's talk governance, lipstick, and pigs.

Quote from: lyth0s on November 13, 2014, 12:45:06 AM

Quote from: hodlmybtc on November 13, 2014, 12:43:51 AM

Is it me or is it clearly the almost single wrong moment this year to sell BTC? Roll Eyes

Depends on what you think BTC price will do next, not based on where it currently is.

especially the next 24 hours.

lyth0s

legendary

Activity: 1260

Merit: 1000

World Class Cryptonaire

Quote from: hodlmybtc on November 13, 2014, 12:43:51 AM

Is it me or is it clearly the almost single wrong moment this year to sell BTC? Roll Eyes

Depends on what you think BTC price will do next, not based on where it currently is.

hodlmybtc

hero member

Activity: 700

Merit: 500

Is it me or is it clearly the almost single wrong moment this year to sell BTC? Roll Eyes

SkyValeey

hero member

Activity: 560

Merit: 500

I think this is typical pump by okcoin and btcchina with much more than 50% fake volume at 0% fees.
I don't know where this is going, but this is weird

lyth0s

legendary

Activity: 1260

Merit: 1000

World Class Cryptonaire

Newbie I'll give you some advice that was once given to me back in 2011. Buy some bitcoins with money that you can afford to lose. Hold it for 2 years and you'll probably be VERY happy with the outcome.

My advice:
You should buy at least 0.08BTC, but I recommend at least 1 coin if you can. Put it into storage and consider that money as "gone" until xx date. Then keep doing what you do with day trading or w/e. If you feel that you don't have the self control to hold onto any coins for xx time or until xx date I will even offer to hold them for you.

And this advice applies whether or not BTC price skyrockets from here, or crashes back down to $300.

You're still in the early game of bitcoin. You should never be without some coins in storage in case one day the price just skyrockets and leaves you behind holding fiat.

ask

legendary

Activity: 1386

Merit: 1004

Quote from: Malin Keshar on November 13, 2014, 12:40:49 AM

Quote from: ask on November 13, 2014, 12:31:44 AM

No one wants to take my 300 BTC at $460. We should go down.

wait 24 hours and sell for more.

Maybe even 500

Sold. Thank you. See you soon

Malin Keshar

hero member

Activity: 616

Merit: 500

Quote from: ask on November 13, 2014, 12:31:44 AM

No one wants to take my 300 BTC at $460. We should go down.

wait 24 hours and sell for more.

Maybe even 500

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

https://bitcointalk.org/index.php?topic=852436.0;topicseen

on mining and profitability wonder if this is not kinda coming into play in price adjustment

shmadz

legendary

Activity: 1512

Merit: 1000

@theshmadz

Quote from: ask on November 13, 2014, 12:31:44 AM

No one wants to take my 300 BTC at $460. We should go down.

Make it happen already, I can't wait forever.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24584. (Read 26713541 times)