gotta admire those impatient bots/buyers.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26829. (Read 26720576 times)
July 16, 2014, 02:09:55 PM
July 16, 2014, 02:06:17 PM
Speculation inherently runs the risk of being wrong. That's no excuse not to participate. Stop beating around the bush and make a price prediction, Stolfi.
July 16, 2014, 02:00:16 PM
July 16, 2014, 01:31:14 PM
In my thinking your comments are misleading b/c you are projecting the future, as if BTC prices are going to be on a continuous downward projection from December 2013 and thereafter.
Please point out the comma in those posts that you think can be interpreted as a hint of an insinuation of some innuendo about the future...I stated several times, and repeat again: I do not see how one could make any fundamented prediction about the price of bitcoin, even in the short term. I would not hazard making any. It may go to 6'000$ next week, or it may go down to 6$.
All one can say is that, if this or that event were to happen, then the price could go signifcantly up or down. But none of the events that we can think of is sufficiently certain to happen, and other events may happen that would have the opposite effect.
July 16, 2014, 01:24:02 PM
germany 
"Football is a game played by 22 players and in the end Germany wins" 
The country with the most famous hyperinflation.
July 16, 2014, 01:16:24 PM
There are a ton of 0.5BTC buy orders snapping off repeatedly on Stamp right now...
Willy! We missed you so much!
July 16, 2014, 01:13:44 PM
There are a ton of 0.5BTC buy orders snapping off repeatedly on Stamp right now...
July 16, 2014, 01:00:20 PM
July 16, 2014, 12:59:19 PM
there's clearly buying volume every time it drops.
Exactly. Yesterday I watched as about 800-1K BTC fill in the buy side (after the 500 BTC dump yesterday) , I wake up to see almost that exact amount of coins being dumped on the market (1K) this morning, totally wiping out all the coins that filled in the book for the day.
July 16, 2014, 12:49:08 PM
Sell wall on Stamp is pretty thin right now, we should be able to easily get back to around $625 with only a few people buying...
July 16, 2014, 12:47:41 PM
Well, maybe [ mini-bubble ] is not the right technical term. I mean the one that started on May/20, at ~450 USD/BTC, and is still going on.
Fair enough, my techincal term would be an increase in value but you know, whatever perspective you look at it from 
OK, I used 'mini-bubble' because the onset was sudden and the rise was fairly fast (450 to 680, or 1.5x, in 10 days), but not as fast as the 'November bubble' (from 200 to 1200, or 6x, in 28 days).
thats not a bubble, that was the bottom.
The bottom (after the all-time high) was ~350 USD/BTC, on April 11.
No, just CNY, BTC and LTC.
CNY? Not CNH? (AFAIK it is the same currency, but called CNH when traded "offshore"; I suppose that there are barriers to limit flow between mainland and Hong Kong, is this so?)In my thinking your comments are misleading b/c you are projecting the future, as if BTC prices are going to be on a continuous downward projection from December 2013 and thereafter.
None of us know the future of BTC prices, even though we are making bets and predictions accordingly.
You seem to consider your obligation to come into this party with a preconceived agenda in order to attempt to push and/or propagandize in the direction that you want BTC prices to go (which is down, from your preference point). You attempt to mask your bias in terms of reasonableness and objectivity, which confuses and deceives some people into believing you. It is too bad that you believe that you are bringing good to the world through your seemingly disingenuous representations.
Some people label you as a good troll, which I believe is giving you too much credit, as if you may have some good intentions, when in fact your more basic intentions seem to be to spread disinformation and to create FUD and distraction(s), and even if you believe you are bringing good to the world (or even dissuading a few investors from bitcoin), ultimately, likely you are NOT providing much if any service b/c of the fact that you knowingly provide disinformation in your attempt(s) to achieve your objectives and to propagandize with your negative projections regarding bitcoin.
One good thing is that bitcoin seems to have a very decent chance of succeeding for many years, despite your efforts (and the efforts of like-minded people to undermine it). The innovative aspects of bitcoin are out of the bag and have already irreversibly changed the course of history, and more is very likely to come (absent some catastrophic event), either through bitcoin or through some other crypto(s) that will serve very similar purposes as bitcoin...
July 16, 2014, 12:41:49 PM
I wonder why I can never reply to any of the polls. I always see the poll with the votes, but I never get to answer 
I've always assumed it is due to newbie status. I think higher 'ranked' status folks get to vote. Limits polls from alts and such.
July 16, 2014, 12:40:35 PM
Apparently I'm over 70
July 16, 2014, 12:39:37 PM
I wonder why I can never reply to any of the polls. I always see the poll with the votes, but I never get to answer
July 16, 2014, 12:35:48 PM
- Absolutely the most fundamentally positive position bitcoin has ever been in - Check
Yeah...I hate this word but these random dumps on the trendline look like manipulation
They do, in fact its starting to look like the gold market (interesting article fwiw: http://www.futuresmag.com/2014/07/16/huge-sell-orders-have-gold-bugged?t=commodities&ref=rss ). I'm not ruling out the possibility that this could simply be the market maturing though, its too early to tell but the hash rate may be levelling off and the volume of coins arriving on the exchanges could well be from commercial transaction via bitpay, coinbase, etc. Both those sources would have a minimum selling price which would explain the dumps on every rise and there's clearly buying volume every time it drops.
The conspiracy theorist in me (who found manipulation at technical areas in the gold market following its peak at 1900 and subsequent announcement of QE to infinity pretty obvious) is waiting for a large seller who doesn't care about price when dumping to turn up. It has all seen a bit easy from the legacy banking cartels so far. Dirty tricks will be coming.
Just hoping we get another bubble before then!
July 16, 2014, 12:28:56 PM
What's with Huobi/Okcoin charts on Wisdom being so screwy/laggy lately? And now Tradingview charts have gone down several hours multiple times in the past couple days.
July 16, 2014, 12:26:35 PM
Maybe it's time that we stop being delusional.
For 6 weeks or so everyone expected a huge break out. I think by now it's clear it's simply not gonna happen. At least not now.
Nothing even slightly points that way either. Really, there is no reason i can think of why we suddenly would go to the moon.
I'm a bull and will always be but i'm starting to cringe every time i see people adjusting their charts and lines and chicken bones to show how we will go up in 2 days from now. You just keep changing the dates and lines because nothing happened at the previous date.
I never seen so many people in denial and simply delusional here before.
I think it's better if you start facing the facts.
For 6 weeks or so everyone expected a huge break out. I think by now it's clear it's simply not gonna happen. At least not now.
Nothing even slightly points that way either. Really, there is no reason i can think of why we suddenly would go to the moon.
I'm a bull and will always be but i'm starting to cringe every time i see people adjusting their charts and lines and chicken bones to show how we will go up in 2 days from now. You just keep changing the dates and lines because nothing happened at the previous date.
I never seen so many people in denial and simply delusional here before.
I think it's better if you start facing the facts.
I agree, and I really think the slow to a crawl during the summer months just proves and underlines the fact that the Bitcoin market is still RULED by:
1. Adolescents that only want to speculate during off-summer periods. During summer it's all vacations, beers, chasing skirt, and happy fun time. I bet if we did an honest poll, we'd find that > 90% of all bitcoin holders are under the age of 25. Also points the the overall maturity level of the existing market (no offense to anyone here).
2. Whales that only want to speculate during off-summer periods. "Sell in May and go away." And without major news on the near term horizon, they know they won't get the run up that they need to make serious money. We need to keep in mind, that these guys get their insider info way ahead of the rest of the market, often months in advance.
Despite all the seemingly BIG news in the bitcoin investor media, this market is still extremely small. Ridiculously so. I mean c'mon, realistically we're still at what, maybe ~1M bitcoin holders worldwide at best? That's both the good news and the bad news, all rolled into one.
ADAM::::: Maybe we need a poll to ask the question of ages of readers of this thread?
What's your age?
Below 18?
18-21?
22-24?
25-29?
30-39?
40-49?
50-69?
Above 70?
I'm 12... (mentally)
One beneficial thing about conducting a poll is that no one needs to specifically disclose their age in a manner that is traceable; however, on the other hand, one disadvantage of anonymous polls is that some people may NOT be truthful...
In that regard, the results of such a poll would be a rough estimate of the age(s) of those persons who respond to such a poll.
July 16, 2014, 12:02:52 PM
- Absolutely the most fundamentally positive position bitcoin has ever been in - Check
Yeah...I hate this word but these random dumps on the trendline look like manipulation
July 16, 2014, 12:02:07 PM
- Absolutely the most fundamentally positive position bitcoin has ever been in - Check
- Weak hands sold low for no reason what-so-ever, and willing to panic buy in at a higher price - Check
- Price suppressed well under actual value by weeks of manipulation, making people lose faith in bitcoin for no reason - Check
- Price recovering quickly and stabilizing after a dirty market dump, proving no more people actually want to sell - Check
Hash rate increasing, fear in the global financial markets growing, Circle/Xapo/ETF's about to come online, MatTheCat comes back as a bear just in time...
Hope you all have your tickets.
So when is the train leaving? On friday? I'd enjoy these weekend holidays in mountains of green candles - Weak hands sold low for no reason what-so-ever, and willing to panic buy in at a higher price - Check
- Price suppressed well under actual value by weeks of manipulation, making people lose faith in bitcoin for no reason - Check
- Price recovering quickly and stabilizing after a dirty market dump, proving no more people actually want to sell - Check
Hash rate increasing, fear in the global financial markets growing, Circle/Xapo/ETF's about to come online, MatTheCat comes back as a bear just in time...
Hope you all have your tickets.
July 16, 2014, 12:00:16 PM
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