Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25600. (Read 26609703 times)

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
You are all over-analyzing the situation.

Bitstamp exercises the most influence over the price. The price is going down because very little new fiat is entering Stamp. Look at the declining Bid Sum over the past 6 months: http://coinorama.net/

Alternative explanations, including that most of the new fiat is sitting off the order book, are speculative and wishful thinking.

the spike to 450 doesn't agree with that.


Was just a spike.

Mr102 did worse.

So it is a proof the sell people are stronger than the buy people.

And we are back to the pre-450 level again.

i dont like the sell poeple  Angry

 Cheesy
hero member
Activity: 784
Merit: 1000
You are all over-analyzing the situation.

Bitstamp exercises the most influence over the price. The price is going down because very little new fiat is entering Stamp. Look at the declining Bid Sum over the past 6 months: http://coinorama.net/

Alternative explanations, including that most of the new fiat is sitting off the order book, are speculative and wishful thinking.

the spike to 450 doesn't agree with that.

Yes it did. Off book buyers faded quickly and the total bid sum remained anemic. Face it, there is not much ammo off book.

I have fiat on 3 exchanges, 1/4 of it is low ball orders, the other half is off the books. There might be way more ammo off book than you think. Just sayin...
Where did the other quarter go? Smiley Tongue

Lol. I meant 1/2
hero member
Activity: 784
Merit: 1000
Anyone else in here use Circle?

I've never experienced a better way to buy bitcoins. So easy my grandma can do it.


I requested my invite May 27, 2014... and I have been waiting ever since... waiting , waiting and waiting.... In the end of july, sent them an e-mail requesting   a status update, and they said dont call us, we will call you.

lol, they slap you in your face by calling don't call us, if you deserve we will call you.

I wonder how they chose invitees. I just checked my email and I requested an invite on May 18th, and I got approved about 10 days ago. I guess they are doing so many a day?

I also got my invite about 10 days ago. I like it but it is not amazing. I would like something that mimics QT.

You want to use it as a wallet?
I just use it to buy.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Anyone else in here use Circle?

I've never experienced a better way to buy bitcoins. So easy my grandma can do it.


I requested my invite May 27, 2014... and I have been waiting ever since... waiting , waiting and waiting.... In the end of july, sent them an e-mail requesting   a status update, and they said dont call us, we will call you.

lol, they slap you in your face by calling don't call us, if you deserve we will call you.

Here's what I sent them today, and their reply back.

Quote from: Torque
Hi,

Are you guys EVER going to approve my invite? I have been waiting patiently for months and have sent several requests. Several of my friends are already using your service.

Quote from: Circle Support
Sep 25 01:45 PM

Hi,

Thank you so much for your interest in Circle! I understand that it can be frustrating waiting for your invitation.

We are gradually increasing the number of invites and users, collecting feedback and optimizing product features to ensure that we can deliver an exceptional experience to everyone.

Please keep an eye out for an email from us in the near future.

Let me know if you have any other questions in the meantime.

Adam, Circle Support







Below is the response e-mail that I received from Circle at the end of July (after I had made my inquiry)....

Based on the contents, it seems that some progress is being made to process some of the invitations into account holders.....






Quote from: Circle Support

Chris (Circle)
July 31, 2014

Hello _____[ Cheesy   you pain in the ass customer   Cheesy  ]______________,

Thank you so much for your interest in Circle!

While we have launched publicly, our service is not available to everyone quite yet. We want to ensure that all of our customers have an exceptional experience and are gradually increasing the number of invites and users, collecting feedback, and optimizing product features.

Since you have requested an invitation already, keep an eye out for another email from Circle as we are able to send out more. That email will be your official welcome to create a Circle account.

Let me know if you have any other questions in the meantime.

Chris,
Team Circle

sr. member
Activity: 546
Merit: 250
Anyone else in here use Circle?

I've never experienced a better way to buy bitcoins. So easy my grandma can do it.


I requested my invite May 27, 2014... and I have been waiting ever since... waiting , waiting and waiting.... In the end of july, sent them an e-mail requesting   a status update, and they said dont call us, we will call you.

lol, they slap you in your face by calling don't call us, if you deserve we will call you.

I wonder how they chose invitees. I just checked my email and I requested an invite on May 18th, and I got approved about 10 days ago. I guess they are doing so many a day?

I also got my invite about 10 days ago. I like it but it is not amazing. I would like something that mimics QT.
member
Activity: 280
Merit: 10
Good time to pick up more cheap coins
sr. member
Activity: 476
Merit: 501
You are all over-analyzing the situation.

Bitstamp exercises the most influence over the price. The price is going down because very little new fiat is entering Stamp. Look at the declining Bid Sum over the past 6 months: http://coinorama.net/

Alternative explanations, including that most of the new fiat is sitting off the order book, are speculative and wishful thinking.

the spike to 450 doesn't agree with that.


Was just a spike.

Mr102 did worse.

So it is a proof the sell people are stronger than the buy people.

And we are back to the pre-450 level again.
hero member
Activity: 784
Merit: 1000
You are all over-analyzing the situation.

Bitstamp exercises the most influence over the price. The price is going down because very little new fiat is entering Stamp. Look at the declining Bid Sum over the past 6 months: http://coinorama.net/

Alternative explanations, including that most of the new fiat is sitting off the order book, are speculative and wishful thinking.

the spike to 450 doesn't agree with that.

Yes it did. Off book buyers faded quickly and the total bid sum remained anemic. Face it, there is not much ammo off book.

I have fiat on 3 exchanges, 1/2 of it is low ball orders, the other half is off the books. There might be way more ammo off book than you think. Just sayin...
hero member
Activity: 669
Merit: 500
Anyone else in here use Circle?

I've never experienced a better way to buy bitcoins. So easy my grandma can do it.


I requested my invite May 27, 2014... and I have been waiting ever since... waiting , waiting and waiting.... In the end of july, sent them an e-mail requesting   a status update, and they said dont call us, we will call you.

I'm a couple days behind in front of you and no invite. They do seem to be adding people in order of registration.
hero member
Activity: 784
Merit: 1000
Anyone else in here use Circle?

I've never experienced a better way to buy bitcoins. So easy my grandma can do it.


I requested my invite May 27, 2014... and I have been waiting ever since... waiting , waiting and waiting.... In the end of july, sent them an e-mail requesting   a status update, and they said dont call us, we will call you.

lol, they slap you in your face by calling don't call us, if you deserve we will call you.

I wonder how they chose invitees. I just checked my email and I requested an invite on May 18th, and I got approved about 10 days ago. I guess they are doing so many a day?
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Anyone else in here use Circle?

I've never experienced a better way to buy bitcoins. So easy my grandma can do it.


I requested my invite May 27, 2014... and I have been waiting ever since... waiting , waiting and waiting.... In the end of july, sent them an e-mail requesting   a status update, and they said dont call us, we will call you.

lol, they slap you in your face by calling don't call us, if you deserve we will call you.

Yeah, something like that.  We BTC consumers may be in a state of desperation with shortage of decent products (in the case of Circle, supposed zero fees would have saved me over $1,000 in fees over the last year).  Accordingly, we BTC consumers (the royal "we") will put up with quite a lot of abuse, if we perceive that we are getting a good (or better) product in the end.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Interesting thought, but wouldn't this be price neutral since he would be buying and selling?

It looks more like somebody is selling a lot of coins. They started in June halting the run up probably to a new high.

Possibly. But he might have bought Bitcoin back when to hold then sorted out methods for obtaining dollars and travel and now it's time to vamoose.

It seems unlikely though.
legendary
Activity: 3780
Merit: 5429
Anyone else in here use Circle?

I've never experienced a better way to buy bitcoins. So easy my grandma can do it.


I requested my invite May 27, 2014... and I have been waiting ever since... waiting , waiting and waiting.... In the end of july, sent them an e-mail requesting   a status update, and they said dont call us, we will call you.

lol, they slap you in your face by calling don't call us, if you deserve we will call you.

Here's what I sent them today, and their reply back.

Quote from: Torque
Hi,

Are you guys EVER going to approve my invite? I have been waiting patiently for months and have sent several requests. Several of my friends are already using your service.

Quote from: Circle Support
Sep 25 01:45 PM

Hi,

Thank you so much for your interest in Circle! I understand that it can be frustrating waiting for your invitation.

We are gradually increasing the number of invites and users, collecting feedback and optimizing product features to ensure that we can deliver an exceptional experience to everyone.

Please keep an eye out for an email from us in the near future.

Let me know if you have any other questions in the meantime.

Adam, Circle Support


hero member
Activity: 672
Merit: 500
If we touch under $400, I am buying again.   I am very confident that this will be a missed opportunity for many people.   Look at how things progressed last year (and we are 10 times further into the development and adoption of BTC).   Many people would have given up a kidney to get BTC under $400 last November...

Ok i think we all got it by now. That we're going down is so good because you will be buying all those cheap coins.
Noted. No need to mention it 5 more times.
hero member
Activity: 1106
Merit: 503
BabelFish - FISH Token Sale at Sovryn
Anyone else in here use Circle?

I've never experienced a better way to buy bitcoins. So easy my grandma can do it.


I requested my invite May 27, 2014... and I have been waiting ever since... waiting , waiting and waiting.... In the end of july, sent them an e-mail requesting   a status update, and they said dont call us, we will call you.

lol, they slap you in your face by calling don't call us, if you deserve we will call you.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
You are all over-analyzing the situation.

Bitstamp exercises the most influence over the price. The price is going down because very little new fiat is entering Stamp. Look at the declining Bid Sum over the past 6 months: http://coinorama.net/

Alternative explanations, including that most of the new fiat is sitting off the order book, are speculative and wishful thinking.

the spike to 450 doesn't agree with that.

Yes it did. Off book buyers faded quickly and the total bid sum remained anemic. Face it, there is not much ammo off book.

none of the ammo used on the sipke was pulled from the order book.
after the spike there was a condestable amount of panic buying at the top
then we saw walls getting destroyed at 430 420 410.

theres ammo off the books, plenty of it.

look at the local bitcoin chart, volume has doubled recently and its holding.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
If we touch under $400, I am buying again.   I am very confident that this will be a missed opportunity for many people.   Look at how things progressed last year (and we are 10 times further into the development and adoption of BTC).   Many people would have given up a kidney to get BTC under $400 last November...
donator
Activity: 2772
Merit: 1019
Anyone else in here use Circle?

I've never experienced a better way to buy bitcoins. So easy my grandma can do it.
note to self never do anything shady* with "hyphymikey's" bitcoins, they have been tied to his identity.  Cheesy

ps. remember to declare all the capital gains on those coins they in the IRS ledger.

* shady here in Canada - or at lease British Columbia is buying something at a garage sale, or lemonade from a kids lemonade stand and not self assessing the tax and sending it to the government. You are also expected to self asses the value of gifts from out of Provence calculate the tax (PST) and send a cheque to the government for there share.

failure to do so is against the law and tax evasion. The truth is we are all evading tax in BC Canada, just now if you can track the money and put an identity to it you can technically collect it.  

I'm sure other parts of the free world have laws just as asinine.

so just think about how you get your bitcoin.

Not best english, but very Good advice
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Anyone else in here use Circle?

I've never experienced a better way to buy bitcoins. So easy my grandma can do it.


I requested my invite May 27, 2014... and I have been waiting ever since... waiting , waiting and waiting.... In the end of july, sent them an e-mail requesting   a status update, and they said dont call us, we will call you.
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