Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25863.

minerpumpkin

hero member

Activity: 686

Merit: 500

A pumpkin mines 27 hours a night

Quote from: Torque on September 12, 2014, 08:26:28 AM

Every day, for weeks on end, all I see is bots trading back and forth. When are we gonna get some real buyers again?

Haven't we been promised the traders to come back after summer? It's nearly autumn now and I don't see any increase, in fact we're still going down, I suppose... Maybe the real bottom hasn't been reached. We need to meet the long-long-long-term support, I believe.

grappa_barricata

full member

Activity: 154

Merit: 100

playing pasta and eating mandolinos

Truth being told, the whole US 'media' culture is losing grip with reality in unprecedented ways... the Joe Sixpack with a Cowboy Hat that save the bombing day anyone?

findftp

legendary

Activity: 1022

Merit: 1008

Delusional crypto obsessionist

Quote from: JayJuanGee on September 12, 2014, 05:28:53 AM

Quote from: findftp on September 12, 2014, 05:25:24 AM

Quote from: JayJuanGee on September 12, 2014, 05:10:24 AM

Quote from: findftp on September 12, 2014, 04:58:55 AM

Quote from: ErisDiscordia on September 12, 2014, 04:20:30 AM

Quote from: JorgeStolfi on September 12, 2014, 04:03:03 AM

Sorry, but the belief that it is possible to get rid of governments, and that society will be better without them, is religion.

And while there is not much historical evidence suggesting a government-less society would or would not function due to absence of data,...

I think you can safely assume the planet functioned perfectly fine billions of years without having a government.

Yes, if there are less than a few thousand people scattered through all corners of the earth, then probably there was NO government and no need for a government; however, when people started to live in community and to share resources and resources become limited, then the more need there is for a government.

Or the more likely a bully stands up because he has more power and strength than others so he can demand others to work for him.
Because others thought they were fed by him and were scared they were starting to worship him, a government was born.

If that's your understanding of what is government, then you have probably been watching too much Fox "news"

1. I don't watch television (anymore)
2. I never watched fox, I live in europe.
3. Fox is just as bad as almost any other network.

grappa_barricata

full member

Activity: 154

Merit: 100

playing pasta and eating mandolinos

Quote from: ?? on ??

Something is going to happen soon, Huobi got a 1k+ bid support, which is very unusual to see such walls close up the order book. bitfinex has the 3k+ sell wall, so there's certainly going to be some action soon, question is which direction does it go?

I think those are to trick chinese traders in a false sense of security before they go to sleep... after they close they eyes, surprise!

creekbore

full member

Activity: 210

Merit: 100

Lazy, cynical and insolent since 1968

I think I have seen a correlation: the more the BTC price struggles in a bear market, the more cultists are energised to bash Jorge.

justusranvier

legendary

Activity: 1400

Merit: 1013

Quote from: JorgeStolfi on September 12, 2014, 05:11:44 AM

There cannot be rigorous arguments in that sort of subject.

Called it.

Maintaining your belief requires you to preemptively deny the possibility of being wrong, just like any other religion.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

you sons of bitches know how i feel.

fonsie

sr. member

Activity: 434

Merit: 250

Quote from: derpinheimer on September 12, 2014, 07:51:09 AM

Quote from: ?? on ??

Something is going to happen soon, Huobi got a 1k+ bid support, which is very unusual to see such walls close up the order book. bitfinex has the 3k+ sell wall, so there's certainly going to be some action soon, question is which direction does it go?

Which way have we been trending? Cool

If I take a look at the last 5 yaers, a big UP trend.

Blazed

legendary

Activity: 2128

Merit: 1119

Quote from: adamstgBit on September 12, 2014, 08:56:45 AM

she looks crazy bullish.

I agree a nice bull run is due anytime I hope! My problem is always the same thing...I just hate to see them leave my wallets Undecided

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

she looks crazy bullish.

grappa_barricata

full member

Activity: 154

Merit: 100

playing pasta and eating mandolinos

These new, lower-priced giant walls indicate an immediate future visit in the 450 area. Or not. You can't be sure of anything these days.
LOL at Warren Buffer SO. Grin

Torque

legendary

Activity: 3780

Merit: 5429

Every day, for weeks on end, all I see is bots trading back and forth. When are we gonna get some real buyers again?

Teppino

full member

Activity: 139

Merit: 100

bitcoin hates walls

Quote from: ?? on ??

Quote from: Teppino on September 12, 2014, 08:03:45 AM

I have a question i hope someone with more insight of market could answer:
Let's say you have a large sum of stolen bitcoins, i mean really a lot of them.
A lot of people, motivated and skilled in blockchain analysis is rightfully after you.
What can you do? You can't trust mixers or any other gambling sites, because the magnitude of the operation will either take too long or expose you.
In my opinion the only thing you can do is transfer them anonimously in a exchange, sell them and buyback with a legit account(s).
For this to work you must choose an exchange with good volume and also without hidden orders books, for those would let you know beforehand the entity of the inevitable loss you are going to take in the operation.

Could this be? don't throw tomatoes please Grin

To enter an exchange, Know Your Customer regulations mean identification may be necessary. Crypto to crypto is best.

I don't know, i knew that KYC rules were enforced only to fiat transactions (deposit/withdrawals), i'm sure it's like that in at last one major exchange.
Also i don't think crypto to crypto is suitable because 1) a lot of coins are worthless, therefore you'd end losing more than you already lose by dumping and buying back 2) the few that may have a future don't have enough liquidity to sustain such transfer of wealth.

Teppino

full member

Activity: 139

Merit: 100

bitcoin hates walls

I have a question i hope someone with more insight of market could answer:
Let's say you have a large sum of stolen bitcoins, i mean really a lot of them.
A lot of people, motivated and skilled in blockchain analysis is rightfully after you.
What can you do? You can't trust mixers or any other gambling sites, because the magnitude of the operation will either take too long or expose you.
In my opinion the only thing you can do is transfer them anonimously in a exchange, sell them and buyback with a legit account(s).
For this to work you must choose an exchange with good volume and also without hidden orders books, for those would let you know beforehand the entity of the inevitable loss you are going to take in the operation.

Could this be? don't throw tomatoes please Grin

mooncake

sr. member

Activity: 434

Merit: 250

Quote from: Threebits on September 12, 2014, 07:32:01 AM

Really? I thought one could have endless wallets, and that's the reason why wallet increasing is not necessarily a true correlation to user increasing.

Well, if one can have only one wallet or at most ten wallets at blockchain. Info, things are different. But is it really true?

You can have multiple accounts with multiple wallets. You cannot have single account with multiple wallets.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

derpinheimer

legendary

Activity: 896

Merit: 1000

Quote from: ?? on ??

Something is going to happen soon, Huobi got a 1k+ bid support, which is very unusual to see such walls close up the order book. bitfinex has the 3k+ sell wall, so there's certainly going to be some action soon, question is which direction does it go?

Which way have we been trending? Cool

iram3130

legendary

Activity: 1512

Merit: 1010

ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀

Quote from: ShroomsKit on September 12, 2014, 06:48:02 AM

Quote from: iram3130 on September 12, 2014, 05:05:31 AM

Quote from: roslinpl on September 12, 2014, 05:00:55 AM

Quote from: ChartBuddy on September 12, 2014, 03:59:07 AM

Explanation

Quote from: ChartBuddy on September 12, 2014, 04:59:06 AM

Explanation

And we have a lift off!!

I really like when green field is more up than down.

I was waiting whole week for that situation - but still like always I haven't got money to buy BTC - but I truly suggest that this is very good moment to buy before the price will go up $30+.

Regards.

Hahah, you again predicted the market, even fail to read many times.
I never saw even once when you were right to predict right.

I sure hope he isn't trading. I don't think i've seen anyone being so wrong so often here.

Same thinking here, he just came here to entertain himself and other.
Otherwise I do not think at all, he has very good knowledge about market reading.

Threebits

member

Activity: 75

Merit: 10

Quote from: mooncake on September 12, 2014, 07:16:55 AM

Quote from: mooncake on September 12, 2014, 03:26:38 AM

Quote from: lyth0s on September 12, 2014, 03:14:23 AM

Quote from: mooncake on September 12, 2014, 02:36:30 AM

I remembered I saw somewhere before that monitoring the increase in the number of bitcoin wallets is not a good metric to measure the rate of bitcoin adoption. But I cannot remember why that is so. Does anyone know?

Well in general monitor addresses isn't that useful as the more people are educated about not reusing addresses and they start using change addresses it doesn't really tell you much.

As far as wallets go, a single person can create 10 wallets on blockchain.info, the metric goes up but really there doesn't have to be any new interest for that metric to go up.

I personally think number of transactions (excluding popular addresses such as satoshi dice or pool payouts) is a better metric https://blockchain.info/charts/n-transactions-excluding-popular?timespan=2year&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=

Speaking of number of transactions....have you noticed that each "bitcoin boom" (as I like to call them) starts when the number of transactions reaches the previous bubble's?

I didn't know a single person can create 10 wallets. To be more precise, I suppose you mean account rather than person? I don't see the reason of having multiple wallets though. Multiple addresses I can understand but not multiple wallets.

I can see the number of transactions is increasing. To the moon!

I login to Blockchain.info just now and try to create multiple wallets. Can't do that.

Really? I thought one could have endless wallets, and that's the reason why wallet increasing is not necessarily a true correlation to user increasing.

Well, if one can have only one wallet or at most ten wallets at blockchain. Info, things are different. But is it really true?

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25863. (Read 26609083 times)