Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26420.

Wary

hero member

Activity: 798

Merit: 1000

Who's there?

Quote from: hyphymikey on August 13, 2014, 03:17:01 AM

Quote from: mooncake on August 13, 2014, 03:10:29 AM

Quote from: conspirosphere.tk on August 13, 2014, 03:02:41 AM

Quote from: tarmi on August 13, 2014, 02:50:06 AM

ah, big players, whales and other mythical beings.

well, market does not give a fukk about them.

...until they paint the ticker. What if some big player in accumulation mode is buying directly from pools/OTC, maybe with the 'excuse' that is an ETF/institutional investors who wants just 'clean'/virgin coins. They would use an exchange price as reference so the accumulator would have a big incentive to sell some on the exchanges while buying more OTC to buy as low as possible.

+1 This is what I have been saying too. Wink

I've thought about this theory for quite a while now. The only thing I can't figure out is how many coins they are buying from miners. The most they can buy from a large mining group that doesn't pay out its individual pool members is under 800 coins a day. So why dump so much to only get 800 coins for such a small discount?

They may be selling coins they were accumulating for months. 800*30*n may be worth a dump.

Argwai96

legendary

Activity: 1036

Merit: 1000

Thug for life!

This is a huge support..... and nobody's buying. Huobi got a bear flag going. I don't think we have hopes for a double bottom here. I think we're going downtown. Just my two cents.

oda.krell

legendary

Activity: 1470

Merit: 1007

Quote from: rebuilder on August 13, 2014, 02:40:22 AM

Quote from: oda.krell on August 12, 2014, 03:52:23 PM

Also, to stay with your "coin laundering" example, why would there need to be *more* wallets as time progresses (unless adoption by criminals also increases)?

Because the wallets used would be disposable, single-use. I'm assuming a launderer savvy and paranoid enough to use anonymizers of one kind or another to connect to the wallet provider. They'd want to avoid reusing wallets to lower the risk of correllation analysis blowing their operation. Each transaction would therefore involve creating at least two new wallets.

Now, an automated system for something like this would probably stand out other users, at least in sufficient volume. I don't know to what extent this is happening, but I do believe it is being done - it just makes sense. My point is, with activities requiring the constant creation of new wallets, you'd expect the number of wallets to keep rising even if the number of users did not increase. Rate of change may be a more interesting statistic to look at.

Yeah, didn't phrase that clear enough, but that was exactly my point: exponential growth in key metrics means increasing rate of change. 'Automatized wallet creation', the way I see it, would explain only a constant (positive) rate of change. The gap is (presumably) due to increase in usage.

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Quote from: fonzie on August 13, 2014, 03:21:56 AM

I just went full bull retard. I bought 10 BTC worth of LTC! Let´s see how that works out, lol.

you are the man my friend...I myself am sitting in the corner ..coward that I am...
hoarding......I salute your big brass ones!

Searing

ChrisML

sr. member

Activity: 308

Merit: 250

Quote from: falllling on August 13, 2014, 04:12:15 AM

Quote from: Argwai96 on August 13, 2014, 04:08:38 AM

Interesting: https://blockchain.info/tx/1f2885265a89c6817867e842edf65c536f993c0aa0100a692700a34c81230051

Looks like Ethereum coins are starting to be moved out of the "exodus" address. Now, I wonder if any of those coins will start making their way to exchanges.... :trollface:

game is over, harder drops incoming! if people like fonsie aren't fooling others and sell secretly, then they will lose everything

Been here before. Played this game before. It is lretty easy you cumbucket.

You sit, you buy, you go long and you wait. Now ofcourse it gets pretty annoying when a cumgobbling walking dickface comes in.. And starts to talk nonsense.

Welcome to my ignore list, cumbucket.

fonsie

sr. member

Activity: 434

Merit: 250

Quote from: falllling on August 13, 2014, 04:14:15 AM

Quote from: fonsie on August 13, 2014, 04:11:45 AM

Quote from: falllling on August 13, 2014, 04:09:20 AM

Quote from: fonsie on August 13, 2014, 04:03:07 AM

Quote from: falllling on August 13, 2014, 04:00:36 AM

Quote from: freebit13 on August 13, 2014, 03:57:37 AM

From $555, the only way is up... I watched it draw a straight line on $555 a month or so ago and I'm sure it won't go lower. We're back to where we were a couple of months ago and people back then said we're going to zero and Bitcoin is still around and above &500.

Has anyone seen the network hashrate in the last week? ... that means value added to the network and to btc, don't let this floundering price turn you bearish, the fundamentals of Bitcoin haven''t changed at all.

you will see $540 very soon, get ready for another excuse?

promises, promises, nothing but meaningless promises

nothing? the fact of market price crashing is nothing for you?
i won't tell you $540 is coming when the price is actually at $540, you do what i suggest now and will save $$$ later
if you haven't listened to me when it was $680 $650 $620 $5xx, then better do it now

Why on earth would I wanna save $? I'm trying to get rid of them, every single day those stupid things called $ are worth less.

even so it's still much much much better than bitcoin, bitcoin worths much less at every single second

Not from what I can see.

fonsie

sr. member

Activity: 434

Merit: 250

Quote from: falllling on August 13, 2014, 04:12:15 AM

Quote from: Argwai96 on August 13, 2014, 04:08:38 AM

Interesting: https://blockchain.info/tx/1f2885265a89c6817867e842edf65c536f993c0aa0100a692700a34c81230051

Looks like Ethereum coins are starting to be moved out of the "exodus" address. Now, I wonder if any of those coins will start making their way to exchanges.... :trollface:

game is over, harder drops incoming! if people like fonsie aren't fooling others and sell secretly, then they will lose everything

Don't worry, people like fonsie are not selling, because people like you say so, even if I'm in the RED more than you could ever buy BTC.

falllling

member

Activity: 112

Merit: 10

Quote from: fonsie on August 13, 2014, 04:11:45 AM

Quote from: falllling on August 13, 2014, 04:09:20 AM

Quote from: fonsie on August 13, 2014, 04:03:07 AM

Quote from: falllling on August 13, 2014, 04:00:36 AM

Quote from: freebit13 on August 13, 2014, 03:57:37 AM

From $555, the only way is up... I watched it draw a straight line on $555 a month or so ago and I'm sure it won't go lower. We're back to where we were a couple of months ago and people back then said we're going to zero and Bitcoin is still around and above &500.

Has anyone seen the network hashrate in the last week? ... that means value added to the network and to btc, don't let this floundering price turn you bearish, the fundamentals of Bitcoin haven''t changed at all.

you will see $540 very soon, get ready for another excuse?

promises, promises, nothing but meaningless promises

nothing? the fact of market price crashing is nothing for you?
i won't tell you $540 is coming when the price is actually at $540, you do what i suggest now and will save $$$ later
if you haven't listened to me when it was $680 $650 $620 $5xx, then better do it now

Why on earth would I wanna save $? I'm trying to get rid of them, every single day those stupid things called $ are worth less.

even so it's still much much much better than bitcoin, bitcoin worths much less at every single second

falllling

member

Activity: 112

Merit: 10

Quote from: Argwai96 on August 13, 2014, 04:08:38 AM

Interesting: https://blockchain.info/tx/1f2885265a89c6817867e842edf65c536f993c0aa0100a692700a34c81230051

Looks like Ethereum coins are starting to be moved out of the "exodus" address. Now, I wonder if any of those coins will start making their way to exchanges.... :trollface:

game is over, harder drops incoming! if people like fonsie aren't fooling others and did sell secretly behind, then they will lose everything

fonsie

sr. member

Activity: 434

Merit: 250

Quote from: falllling on August 13, 2014, 04:09:20 AM

Quote from: fonsie on August 13, 2014, 04:03:07 AM

Quote from: falllling on August 13, 2014, 04:00:36 AM

Quote from: freebit13 on August 13, 2014, 03:57:37 AM

From $555, the only way is up... I watched it draw a straight line on $555 a month or so ago and I'm sure it won't go lower. We're back to where we were a couple of months ago and people back then said we're going to zero and Bitcoin is still around and above &500.

Has anyone seen the network hashrate in the last week? ... that means value added to the network and to btc, don't let this floundering price turn you bearish, the fundamentals of Bitcoin haven''t changed at all.

you will see $540 very soon, get ready for another excuse?

promises, promises, nothing but meaningless promises

nothing? the fact of market price crashing is nothing for you?
i won't tell you $540 is coming when the price is actually at $540, you do what i suggest now and will save $$$ later
if you haven't listened to me when it was $680 $650 $620 $5xx, then better do it now

Why on earth would I wanna save $? I'm trying to get rid of them, every single day those stupid things called $ are worth less.

falllling

member

Activity: 112

Merit: 10

Quote from: fonsie on August 13, 2014, 04:03:07 AM

Quote from: falllling on August 13, 2014, 04:00:36 AM

Quote from: freebit13 on August 13, 2014, 03:57:37 AM

From $555, the only way is up... I watched it draw a straight line on $555 a month or so ago and I'm sure it won't go lower. We're back to where we were a couple of months ago and people back then said we're going to zero and Bitcoin is still around and above &500.

Has anyone seen the network hashrate in the last week? ... that means value added to the network and to btc, don't let this floundering price turn you bearish, the fundamentals of Bitcoin haven''t changed at all.

you will see $540 very soon, get ready for another excuse?

promises, promises, nothing but meaningless promises

nothing? the fact of market price crashing is nothing for you?
i won't tell you $540 is coming when the price is actually at $540, you do what i suggest now and will save $$$ later
if you haven't listened to me when it was $680 $650 $620 $5xx, then better do it now

Argwai96

legendary

Activity: 1036

Merit: 1000

Thug for life!

Interesting: https://blockchain.info/tx/1f2885265a89c6817867e842edf65c536f993c0aa0100a692700a34c81230051

Looks like Ethereum coins are starting to be moved out of the "exodus" address. Now, I wonder if any of those coins will start making their way to exchanges.... :trollface:

freebit13

hero member

Activity: 616

Merit: 500

I got Satoshi's avatar!

Quote from: Bagatell on August 13, 2014, 04:02:32 AM

Quote from: freebit13 on August 13, 2014, 03:57:37 AM

the fundamentals of Bitcoin haven''t changed at all.

If anything they have improved.

Exactly!

fonsie

sr. member

Activity: 434

Merit: 250

Quote from: falllling on August 13, 2014, 04:00:36 AM

Quote from: freebit13 on August 13, 2014, 03:57:37 AM

From $555, the only way is up... I watched it draw a straight line on $555 a month or so ago and I'm sure it won't go lower. We're back to where we were a couple of months ago and people back then said we're going to zero and Bitcoin is still around and above &500.

Has anyone seen the network hashrate in the last week? ... that means value added to the network and to btc, don't let this floundering price turn you bearish, the fundamentals of Bitcoin haven''t changed at all.

you will see $540 very soon, get ready for another excuse?

promises, promises, nothing but meaningless promises

Bagatell

hero member

Activity: 722

Merit: 500

Quote from: freebit13 on August 13, 2014, 03:57:37 AM

the fundamentals of Bitcoin haven''t changed at all.

If anything they have improved.

JayJuanGee

legendary

Activity: 3920

Merit: 11299

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

Quote from: Searing on August 13, 2014, 02:30:51 AM

Quote from: CEG5952 on August 13, 2014, 02:18:13 AM

Quote from: viboracecata on August 13, 2014, 02:04:29 AM

Who can get me clear what caused this such panic, only leverages? Absolutely the answer will be no

No, simply no buy pressure to be found. No bulls to fuel a bounce. I'm starting to think we really need a good plunge, into the $400s perhaps, to provide momentum for a strong rally. Bulls are nowhere to be found -- except those holding from higher up.

obvious ...people are not using btc....are holding ...no one new is flocking to bitcoin in the numbers we need vs the folks holding

we could be sitting on this kinda flat/slow fall till next year...

problem with that is consumer mining seems to be drying up as we speak w/o miners as 'cheerleaders' for bitcoin ..as such dries up...just a bunch
of geeks holding coin...that thru FUD and other means press/gov't will make out as fraud ridden...thus less newbies...a world wide 'assasination of
reptutation by the 'vested intrests" world wide.....like China is trying to do with bitcoin etc

this could be long/hard and dismal ..and the more uncertain it becomes and price goes down the less likely them 'institutional investors' will jump in

frigging 'dead cat bounce'

http://deadcatbounce.weebly.com/what-is-a-dead-cat-bounce.html

vs

diffusion of inonvation (acceptance)

http://en.wikipedia.org/wiki/Diffusion_of_innovations

well I'm in it for the long haul..if BTC goes to $10 so be it.....ride the puppy down in flames....(drank the kool aid don't ya know hard to be us 'pod people')
myself if it stays above $150 usd I'm OK ...below that I'm toast...(pick your own USD oops moment)

Searing

My average buy-in price in is about $610... at the moment..... Surely, it is NOT comfortable to be in the red, but I have confidence and I am NOT planning to sell anytime soon b/c I cannot see prices being downwardly manipulated for too long... surely, we are getting some sustained lower prices today that were somewhat beyond my expectations....

My optimism about Bitcoin would begin to come into question if prices were to capitulate downward into the $200s... maybe getting below $270-ish for any length of time, would cause me to worry....

It seems that we are going to have a hard time getting BTC prices manipulated into the $400s in the coming weeks or months.... ... but NEVER say NEVER......

falllling

member

Activity: 112

Merit: 10

Quote from: freebit13 on August 13, 2014, 03:57:37 AM

From $555, the only way is up... I watched it draw a straight line on $555 a month or so ago and I'm sure it won't go lower. We're back to where we were a couple of months ago and people back then said we're going to zero and Bitcoin is still around and above &500.

Has anyone seen the network hashrate in the last week? ... that means value added to the network and to btc, don't let this floundering price turn you bearish, the fundamentals of Bitcoin haven''t changed at all.

you will see $540 very soon, get ready for another excuse?

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

freebit13

hero member

Activity: 616

Merit: 500

I got Satoshi's avatar!

From $555, the only way is up... I watched it draw a straight line on $555 a month or so ago and I'm sure it won't go lower. We're back to where we were a couple of months ago and people back then said we're going to zero and Bitcoin is still around and above &500.

Has anyone seen the network hashrate in the last week? ... that means value added to the network and to btc, don't let this floundering price turn you bearish, the fundamentals of Bitcoin haven''t changed at all.

inca

legendary

Activity: 1176

Merit: 1000

Quote from: niktitan132 on August 13, 2014, 03:42:05 AM

Quote from: fonzie on August 13, 2014, 03:38:46 AM

Game over. ShroomsKit and mimimitech are out. Bitcoin is dead.

Oh NO they left the BTC game and sold they BTC.Bitcoin is gone for forever.It's dead! Tongue

LoL

They leave twice a month currently.

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