Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26272.

JayJuanGee

legendary

Activity: 3948

Merit: 11416

Self-Custody is a right. Say no to"Non-custodial"

Quote from: JorgeStolfi on August 19, 2014, 06:13:59 AM

Quote from: JayJuanGee on August 19, 2014, 03:02:44 AM

I, too, wish that Coinbase would figure out better planning in order that they do NOT run out of coins...

If the price is falling fast, it would be stupid for them to buy lots of BTC beforehand just to be able to sell to people with no delay over the next few days. The loss could easily wipe out all that they make from fees, and more. Better leave the clients waiting.

I believe that is Coinbase's current business decision, in order to NOT be over exposed to downside volatility - however, it may be possible for CB to figure out ways to automatically buy the needed coins on the exchange, at the same time that the customer buys the coin, in circumstances in which they run out of coins. I don't know the exact solution, but I do agree with you that their business decision is to not over expose themselves to downward BTC price volatility.

JayJuanGee

legendary

Activity: 3948

Merit: 11416

Self-Custody is a right. Say no to"Non-custodial"

Quote from: Funzie on August 19, 2014, 06:03:50 AM

Quote from: MrPiggles on August 19, 2014, 05:50:36 AM

They dropped what, 7000 coins and only dropped the price by $130 for 5 minutes.

So far only ~30% since June.

But you don't want to put lipstick on the pig, no? Cheesy

Mr. Piggles resembles that comment, just like your name, Funzie, resemble the name of a "popular" poster in this thread, no? Cheesy

KimNam

hero member

Activity: 644

Merit: 500

WTF price crash until $350 in BTC-e yesterday
too bad i didn't place buy order Sad

hope we can see $500 again by tomorrow

dnaleor

legendary

Activity: 1470

Merit: 1000

Want privacy? Use Monero!

Quote from: dnaleor on August 16, 2014, 06:02:58 PM

We will never see <500 USD again

Ok, I was wrong a few days ago...
This sell off really surprised me.

If we see 550 USD again, I will become a perma bull. Now I'm not so sure... Although I don't think we go below 400 USD.

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Quote from: JayJuanGee on August 19, 2014, 03:02:44 AM

I, too, wish that Coinbase would figure out better planning in order that they do NOT run out of coins...

If the price is falling fast, it would be stupid for them to buy lots of BTC beforehand just to be able to sell to people with no delay over the next few days. The loss could easily wipe out all that they make from fees, and more. Better leave the clients waiting.

Junkbarman

full member

Activity: 168

Merit: 100

Quote from: falllling on August 19, 2014, 06:06:06 AM

Quote from: Junkbarman on August 19, 2014, 06:04:15 AM

Quote from: falllling on August 19, 2014, 06:02:37 AM

Quote from: wachtwoord on August 19, 2014, 06:00:35 AM

Quote from: mmitech on August 19, 2014, 05:53:17 AM

Quote from: Junkbarman on August 19, 2014, 05:14:09 AM

Quote from: falllling on August 19, 2014, 05:08:36 AM

Quote from: edwardspitz on August 19, 2014, 05:04:42 AM

Well, let's go then... Shocked

you can go to nowhere, $520? may be but get readly for the $400 crash again

Wonder if they want the price to crash more..

in talks with who exactly ?

With Coinbase.

nice, another dumping sell off way for early adopters

Bro, you can't have it both ways. Either you want people to dump coins or you don't. Where exactly are you?

i am ok with that, just saying the price is going to drop harder

You just got exposed, it's ok buddy we all slip once in a while. Too bad this noob got you to do it.

Hey, I'm back in. I can only afford 1, so bought 2. That way when it goes back up 30%, i can buy 2 more.

I hope it drops more, so I can afford maybe another 1/2 or possibly 1 coin. It's so good right now.

Quote from: Funzie on August 19, 2014, 06:03:50 AM

Quote from: MrPiggles on August 19, 2014, 05:50:36 AM

They dropped what, 7000 coins and only dropped the price by $130 for 5 minutes.

So far only ~30% since June.

But you don't want to put lipstick on the pig, no? Cheesy

Now, seems like a good time to buy. 7000 coins to go back up ~30%? wow

falllling

member

Activity: 112

Merit: 10

Quote from: Junkbarman on August 19, 2014, 06:04:15 AM

Quote from: falllling on August 19, 2014, 06:02:37 AM

Quote from: wachtwoord on August 19, 2014, 06:00:35 AM

Quote from: mmitech on August 19, 2014, 05:53:17 AM

Quote from: Junkbarman on August 19, 2014, 05:14:09 AM

Quote from: falllling on August 19, 2014, 05:08:36 AM

Quote from: edwardspitz on August 19, 2014, 05:04:42 AM

Well, let's go then... Shocked

you can go to nowhere, $520? may be but get readly for the $400 crash again

Wonder if they want the price to crash more..

in talks with who exactly ?

With Coinbase.

nice, another dumping sell off way for early adopters

Bro, you can't have it both ways. Either you want people to dump coins or you don't. Where exactly are you?

i am ok with that, just saying the price is going to drop harder

edwardspitz

sr. member

Activity: 546

Merit: 250

Quote from: ShroomsKit on August 19, 2014, 05:46:30 AM

The ask side is getting bigger. It's starting to look "normal". 480 is the new 580. Wouldn't surprise me if we go sideways here for a while and then get another round of dumping. It will probably be the same. People waiting for the next bubble, which won't happen because absolutely nothing is able to raise the price it seems.

So was this what all the dumpers wanted? The same thing but 100 dollars lower? Is everyone happy now or what?

It is bullish that dumping didn't commence while I was on my lunch break

But I agree with you. Activity and volume is low. It seems only bots are trading. Humans traders are too scared. I tried to get at long position yesterday. Everything was looking good: Price was low and selling volume decreasing. Then suddenly a 1000 BTC dump. Not very motivating

Junkbarman

full member

Activity: 168

Merit: 100

Quote from: falllling on August 19, 2014, 06:02:37 AM

Quote from: wachtwoord on August 19, 2014, 06:00:35 AM

Quote from: mmitech on August 19, 2014, 05:53:17 AM

Quote from: Junkbarman on August 19, 2014, 05:14:09 AM

Quote from: falllling on August 19, 2014, 05:08:36 AM

Quote from: edwardspitz on August 19, 2014, 05:04:42 AM

Well, let's go then... Shocked

you can go to nowhere, $520? may be but get readly for the $400 crash again

Wonder if they want the price to crash more..

in talks with who exactly ?

With Coinbase.

nice, another dumping sell off way for early adopters

Bro, you can't have it both ways. Either you want people to dump coins or you don't. Where exactly are you?

Funzie

newbie

Activity: 4

Merit: 0

Quote from: MrPiggles on August 19, 2014, 05:50:36 AM

They dropped what, 7000 coins and only dropped the price by $130 for 5 minutes.

So far only ~30% since June.

But you don't want to put lipstick on the pig, no? Cheesy

falllling

member

Activity: 112

Merit: 10

Quote from: wachtwoord on August 19, 2014, 06:00:35 AM

Quote from: mmitech on August 19, 2014, 05:53:17 AM

Quote from: Junkbarman on August 19, 2014, 05:14:09 AM

Quote from: falllling on August 19, 2014, 05:08:36 AM

Quote from: edwardspitz on August 19, 2014, 05:04:42 AM

Well, let's go then... Shocked

you can go to nowhere, $520? may be but get readly for the $400 crash again

Wonder if they want the price to crash more..

in talks with who exactly ?

With Coinbase.

nice, another dumping sell off way for early adopters

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: mmitech on August 19, 2014, 05:53:17 AM

Quote from: Junkbarman on August 19, 2014, 05:14:09 AM

Quote from: falllling on August 19, 2014, 05:08:36 AM

Quote from: edwardspitz on August 19, 2014, 05:04:42 AM

Well, let's go then... Shocked

you can go to nowhere, $520? may be but get readly for the $400 crash again

Wonder if they want the price to crash more..

in talks with who exactly ?

With Coinbase.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

mmitech

legendary

Activity: 1148

Merit: 1001

things you own end up owning you

Quote from: Junkbarman on August 19, 2014, 05:14:09 AM

Quote from: falllling on August 19, 2014, 05:08:36 AM

Quote from: edwardspitz on August 19, 2014, 05:04:42 AM

Well, let's go then... Shocked

you can go to nowhere, $520? may be but get readly for the $400 crash again

Wonder if they want the price to crash more..

in talks with who exactly ?

MrPiggles

sr. member

Activity: 980

Merit: 256

Decentralized Ascending Auctions on Blockchain

Quote from: ShroomsKit on August 19, 2014, 05:46:30 AM

The ask side is getting bigger. It's starting to look "normal". 480 is the new 580. Wouldn't surprise me if we go sideways here for a while and then get another round of dumping. It will probably be the same. People waiting for the next bubble, which won't happen because absolutely nothing is able to raise the price it seems.

So was this what all the dumpers wanted? The same thing but 100 dollars lower? Is everyone happy now or what?

I think the dumpers are surprised by how resilient the price was/is so far.

They dropped what, 7000 coins and only dropped the price by $130 for 5 minutes.

ShroomsKit

hero member

Activity: 672

Merit: 500

The ask side is getting bigger. It's starting to look "normal". 480 is the new 580. Wouldn't surprise me if we go sideways here for a while and then get another round of dumping. It will probably be the same. People waiting for the next bubble, which won't happen because absolutely nothing is able to raise the price it seems.

So was this what all the dumpers wanted? The same thing but 100 dollars lower? Is everyone happy now or what?

JayJuanGee

legendary

Activity: 3948

Merit: 11416

Self-Custody is a right. Say no to"Non-custodial"

Quote from: JimboToronto on August 19, 2014, 03:57:41 AM

Quote from: JayJuanGee on August 19, 2014, 03:48:40 AM

Quote from: empowering on August 18, 2014, 09:56:41 PM

MtGox is good.... Grin

That's so ~~2013~~ 2010-2012.

ftfy

2013 is when Gox really started screwing up.

Fair point.

JayJuanGee

legendary

Activity: 3948

Merit: 11416

Self-Custody is a right. Say no to"Non-custodial"

Quote from: Newbie1022 on August 19, 2014, 03:06:52 AM

Quote from: JayJuanGee on August 19, 2014, 03:02:44 AM

Quote from: Newbie1022 on August 18, 2014, 09:09:25 PM

Quote from: seleme on August 18, 2014, 09:08:44 PM

Interesting theory from someone on TV trollbox.

Coinbase was short of coins yesterday or today apparently. It might be them buying.

Bingo!!!

I doubt it..... the above is FUD spreading.

There is no major logical disconnect in the official explanation...

Coinbase ran out of coins on Sunday for about 5 or 6 hours. Does NOT mean anything more than that - too many people buying coins, and Coinbase NOT holding and/or anticipating sufficiently the demand for coins... .accordingly, they ran out.

I, too, wish that Coinbase would figure out better planning in order that they do NOT run out of coins... but that does NOT mean that they are engaging in fractional reserve banking or otherwise playing with people's coins in the way suggested in either of the above posts...

How is that FUD... that would be a bullish thing... more coins being bought by one of the good guys rather than a manipulator. Also, it would suggest that they think that this price is very low comparable to what they are going to sell them for.

It's FUD b/c you have no knowledge that Coinbase is engaging in any kind of fractional reserve banking practices or using coins in unauthorized ways.

Quote from: Newbie1022 on August 19, 2014, 03:06:52 AM

Also, stop being the self-appointed FUD sheriff. The s--- gets annoying. We are just here shooting the s--- trying to figure out what's going on around us. Really, cool it.

I can call other people out to whatever extent that I believe is appropriate... just like you can keep posting some of your bullshit. BTW... you have some decent quality posts, but you also have some real FUD spreaders. I find the FUD spreaders annoying, even if you claim to be doing them out of mere "fun" and/or "shit shooting."

Finally, I am sorry if you feel annoyed by some of my posts, but criticism comes with any territory in which you are posting regarding potentially controversial topics, and in that regard, opinions are likely to vary.. and opinions have a right to chime in to the extent that those opinions feel warranted.

Miz4r

legendary

Activity: 1246

Merit: 1000

Quote from: barbs on August 19, 2014, 05:16:20 AM

Highly manipulated bullshit.

I hold my reserve btc and wait for my entry point but forcing people to buy and sell what a bs market :-)

Lots of people have been losing money all over this volatility

Nobody is forcing people to do anything. If you are trading bitcoin with leverage then that's your own choice and you willingly take the risk to get liquidated. It boggles the mind that people still trade with leverage in this market, as if without leverage it isn't already risky enough.

niothor

hero member

Activity: 826

Merit: 501

in defi we trust

Quote from: barbs on August 19, 2014, 05:16:20 AM

Highly manipulated bullshit.

I hold my reserve btc and wait for my entry point but forcing people to buy and sell what a bs market :-)

Lots of people have been losing money all over this volatility

Who is pointing gun at your head and is shouting sell???

The main problem of the people that have "lost" money over the last months is that they look at bitcoin like a stock market and are trying their so called trading skills here.

If you really believe in what bitcoin will become and what brings to the world you would stay calm and drink a beer while looking at the charts.
And if you treat it like an investment , then don't forget the number one rule : Don't invest more than you can afford to....

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26272. (Read 26711918 times)