Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26683.

fred1111

full member

Activity: 160

Merit: 101

Quote from: houseo on July 24, 2014, 07:19:14 AM

Quote from: minerpumpkin on July 24, 2014, 07:10:36 AM

Quote from: wachtwoord on July 24, 2014, 07:09:12 AM

Quote from: dreamspark on July 24, 2014, 07:08:11 AM

Could the dumps be related to the ethereum ipo launch?

The IPO was payed in BTC. The recipient could be dumping them all on an exchange. Seems unlikely though.

Ah yeah, that could make sense. I was thinking: If they acquire a lot of BTC, the supply actually would go down so there'd be no reason for the price to drop. But you've got a valid point there - although you're right that it's not that probable!

they aren't dumping them. they have all the received btc in a multi-sig wallet address.

They will dump them. The market is anticipating that.

Mervyn_Pumpkinhead

legendary

Activity: 876

Merit: 1000

Quote from: madian on July 24, 2014, 07:12:38 AM

This really saddens me because I thought you were a balanced and open minded individual. Unfortunately, even if you don't belong in the same class of idiots like igorr, mah87 and co., I will have to put you on ignore. There are VERY few things worse in this world than overzealous religious cultists.

Yeah, that's what balanced and open minded individuals prefer to do as a first choice, when they don't agree with someone. They put that someone on ignore!

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: Hfertig on July 24, 2014, 07:19:35 AM

Quote from: bitgeek on July 24, 2014, 07:15:31 AM

Bitcoin is going down and nobody knows why. Normally there were always some news we could blame but this dump is just ridiculous. IMO people saw somebody dumping, have no idea why and are doing the same.

No one can ever tell why, but there were enough indications that we will be going down.... Why are people surprised ?

I'll be surprised if it doesn't recoil like it at the end (or beginning) of every cycle.

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: wachtwoord on July 24, 2014, 07:09:12 AM

Quote from: dreamspark on July 24, 2014, 07:08:11 AM

Quote from: magicmexican on July 24, 2014, 07:07:24 AM

Could the dumps be related to the ethereum ipo launch?

In what sense ?

I dont see how the two could be at all linked ?

The IPO was paid in BTC. The recipient could be dumping them all on an exchange. Seems unlikely though.

Surely you could look at the wallet that the IPO funds were sent to ?

roslinpl

legendary

Activity: 2212

Merit: 1199

Quote from: Hfertig on July 24, 2014, 07:19:35 AM

Quote from: bitgeek on July 24, 2014, 07:15:31 AM

Bitcoin is going down and nobody knows why. Normally there were always some news we could blame but this dump is just ridiculous. IMO people saw somebody dumping, have no idea why and are doing the same.

No one can ever tell why, but there were enough indications that we will be going down.... Why are people surprised ?

Going down? This is just a little drop while the price is fracturing.
On those little ups and downs traders can earn a profit :-)

Hfertig

sr. member

Activity: 361

Merit: 250

Quote from: bitgeek on July 24, 2014, 07:15:31 AM

Bitcoin is going down and nobody knows why. Normally there were always some news we could blame but this dump is just ridiculous. IMO people saw somebody dumping, have no idea why and are doing the same.

No one can ever tell why, but there were enough indications that we will be going down.... Why are people surprised ?

houseo

full member

Activity: 181

Merit: 102

Quote from: minerpumpkin on July 24, 2014, 07:10:36 AM

Quote from: wachtwoord on July 24, 2014, 07:09:12 AM

Quote from: dreamspark on July 24, 2014, 07:08:11 AM

Could the dumps be related to the ethereum ipo launch?

The IPO was payed in BTC. The recipient could be dumping them all on an exchange. Seems unlikely though.

Ah yeah, that could make sense. I was thinking: If they acquire a lot of BTC, the supply actually would go down so there'd be no reason for the price to drop. But you've got a valid point there - although you're right that it's not that probable!

they aren't dumping them. they have all the received btc in a multi-sig wallet address.

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Huobi has just reformulated their wepage and trading interface:
https://www.huobi.com/news/index.php?a=show_notice&id=445
I hope they tested it before putting it in use... Grin

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: BitChick on July 23, 2014, 08:57:30 AM

Quote from: JayJuanGee on July 23, 2014, 04:20:04 AM

Quote from: Mervyn_Pumpkinhead on July 23, 2014, 04:06:37 AM

Quote from: windjc on July 23, 2014, 03:57:15 AM

That would be nice. But that's not the way of the world or life on it. Life's not fair and not everyone gets what they deserve.

I'm sorry if you think that life hasn't been fair to you. I see the world in a different spiritual perspective, where our karma reaches beyond our present lives.

Here's your opening, BitChick. Finally, someone, if you count Pumpkinhead as someone, wants to talk about religion.

I guess I fell asleep too early. Wink

Here is a verse for you all: Ecclesiastes 7:16 Do not be over righteous, neither be over wise-- why destroy yourself? That is something to ponder. I really like that verse. Especially because I grew up in a somewhat legalistic environment and realized early on that perfection is impossible to attain.

Basically, most religions are about karma or doing good to earn something. Fortunately, following Christ is not about that. It is about realizing we can never be righteous on our own and letting Him change us from the inside out.

I will stop now though. Grin

There's no such thing as universal good.

bitgeek

sr. member

Activity: 462

Merit: 251

Bitcoin is going down and nobody knows why. Normally there were always some news we could blame but this dump is just ridiculous. IMO people saw somebody dumping, have no idea why and are doing the same.

joburgtaxi

full member

Activity: 263

Merit: 101

What is the best website to look at wall depth and order book ?

mmitech

legendary

Activity: 1148

Merit: 1001

things you own end up owning you

So what is happening ?

kodtycoon

legendary

Activity: 1568

Merit: 1002

starting to bounce?

Wandererfromthenorth

hero member

Activity: 742

Merit: 500

Quote from: ?? on ??

disturbance in the aether ...

Indeed my padawan, there is a disturbance in the force Lips sealed

madian

newbie

Activity: 57

Merit: 0

Quote from: BitChick on July 23, 2014, 08:57:30 AM

Quote from: JayJuanGee on July 23, 2014, 04:20:04 AM

Quote from: Mervyn_Pumpkinhead on July 23, 2014, 04:06:37 AM

Quote from: windjc on July 23, 2014, 03:57:15 AM

That would be nice. But that's not the way of the world or life on it. Life's not fair and not everyone gets what they deserve.

I'm sorry if you think that life hasn't been fair to you. I see the world in a different spiritual perspective, where our karma reaches beyond our present lives.

Here's your opening, BitChick. Finally, someone, if you count Pumpkinhead as someone, wants to talk about religion.

I guess I fell asleep too early. Wink

Here is a verse for you all: Ecclesiastes 7:16 Do not be over righteous, neither be over wise-- why destroy yourself? That is something to ponder. I really like that verse. Especially because I grew up in a somewhat legalistic environment and realized early on that perfection is impossible to attain.

Basically, most religions are about karma or doing good to earn something. Fortunately, following Christ is not about that. It is about realizing we can never be righteous on our own and letting Him change us from the inside out.

I will stop now though. Grin

This really saddens me because I thought you were a balanced and open minded individual. Unfortunately, even if you don't belong in the same class of idiots like igorr, mah87 and co., I will have to put you on ignore. There are VERY few things worse in this world than overzealous religious cultists.

minerpumpkin

hero member

Activity: 686

Merit: 500

A pumpkin mines 27 hours a night

Quote from: wachtwoord on July 24, 2014, 07:09:12 AM

Quote from: dreamspark on July 24, 2014, 07:08:11 AM

Quote from: magicmexican on July 24, 2014, 07:07:24 AM

Could the dumps be related to the ethereum ipo launch?

In what sense ?

I dont see how the two could be at all linked ?

The IPO was payed in BTC. The recipient could be dumping them all on an exchange. Seems unlikely though.

Ah yeah, that could make sense. I was thinking: If they acquire a lot of BTC, the supply actually would go down so there'd be no reason for the price to drop. But you've got a valid point there - although you're right that it's not that probable!

minerpumpkin

hero member

Activity: 686

Merit: 500

A pumpkin mines 27 hours a night

Quote from: ChrisML on July 24, 2014, 07:05:02 AM

Quote from: ?? on ??

Quote from: minerpumpkin on July 24, 2014, 06:58:32 AM

Quick question: We have some decent support at 605 on Stamp. Will it hold or will we eat right through that?

No-one knows. It looks unlikely to break 600 though, so bounce of that and then we take off?

1200 coins left to break 600. It seems likely.

EDIT.

Make that 900 coins.

That's a hell lot of coins compared to the volume we've seen the past days and even weeks! But things are accelerating again so we may break it. I really hoped not to see the 500s again... Sad