Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26964. (Read 26708052 times)
June 29, 2014, 05:55:25 PM
Not much happening. No volume.
June 29, 2014, 05:53:54 PM
600... you shall not pass 
30 min and stamp has eaten it
30 min and stamp has eaten it
Weekend over so not surprising.
Will see if it has some big movement eitherway by Wednesday or Thursday.
June 29, 2014, 05:50:45 PM
It seems it mostly goes sideways or down. Anyway, too many people wait for a big bubble and that's the reason I'm reluctant to believe that we can go beyond $700. At least this year.
June 29, 2014, 05:50:21 PM
And the Finex is off 
Since everybody has me on ignore by now, no one will mind me observing that the price on OKCoin and Huobi started to rise several minutes before that big buy at Bitfinex. Thus that buy may be just an arbitrage trade, delayed by the trading fees at Bitfinex and perhaps by residual price mismatch.That rise in the Chinese exchanges was almost predictable: now is 6:40 am in China, about the time when the first traders "wake up". I have not checked statistically, but somehow I got the impression that the early-risers tend to be more bullish than average. So the Chinese day tends to begin with a price rise, that may be reversed later. But, again, this is only an impression.
June 29, 2014, 05:49:31 PM
When the stamp wall is gone and it passes $615 im satisfied.
When BTC-E gets beyond $605 im satisfied.
For now.. it's just a shitstorm that can go 3 ways. Up,down or sideways.
When BTC-E gets beyond $605 im satisfied.
For now.. it's just a shitstorm that can go 3 ways. Up,down or sideways.
My thinking as well. Have not seen a clear breakout yet. We see so many fakeouts/whipsaws these days, I try not to get too excited over a $10 jump anymore. Like you said, up, down or sideways....
June 29, 2014, 05:48:13 PM
When the stamp wall is gone and it passes $615 im satisfied.
When BTC-E gets beyond $605 im satisfied.
For now.. it's just a shitstorm that can go 3 ways. Up,down or sideways.
When BTC-E gets beyond $605 im satisfied.
For now.. it's just a shitstorm that can go 3 ways. Up,down or sideways.
June 29, 2014, 05:47:15 PM
Yep, another $10 move and no follow-through. We could very well get an up-leg, but this looks nothing like the start of some of the crazy pumps we've seen in the past few months. Might still just fizzle out and bleed down. Huobi did stop right at descending triangle top (short term).
June 29, 2014, 05:43:05 PM
This movement is so insignificant it's not even funny to watch. Wake me up when we go beyond 670. I mean, next year.
seems to me like things are just beginning...
June 29, 2014, 05:39:47 PM
This movement is so insignificant it's not even funny to watch. Wake me up when we go beyond 670. I mean, next year.
June 29, 2014, 05:38:35 PM
Action heating up a bit. Bid whale on BFX back to pumping. 500 ask still there on Stamp, slowly getting eaten but no real damage yet. Meanwhile, Huobi is still asleep and drove this with bots on no volume almost....
June 29, 2014, 05:37:24 PM
600... you shall not pass
30 min and stamp has eaten it
30 min and stamp has eaten it
June 29, 2014, 05:37:18 PM
Lots of buying going on at BTC-E.
And pretty big orders.
And pretty big orders.
June 29, 2014, 05:34:25 PM
Wowa. What the living fuck
here we go wall about to fall on stamp...
June 29, 2014, 05:32:50 PM
Wowa. What the living fuck
June 29, 2014, 05:31:20 PM
pump up the jam!!! 
June 29, 2014, 05:25:51 PM
And the Finex is off
June 29, 2014, 05:00:41 PM
June 29, 2014, 05:00:24 PM
Yeah..... I guess you and I have different priorities here. I can't imagine they could be come to worth 4x the value of a bitcoin -- after all, they are..... bitcoins -- but to each his own.
I imagine that by the time the sun is a red dwarf, if they are worth 1% more than 1 BTC, the gain in value is quite enormous. That kind of wealth preservation is hard, very hard, to find.
The art market is quite volatile. It's easy to make or lose a fortune on Cremonese violins or Faberge eggs. Easy to lose, if you have a forced sale. Easy to win, if you have infinite patience.
That's what I'm thinking. At this point, if you're that bullish on bitcoin, you could put those extra $$ into buying more bitcoin. Seems pointless to me, but I've never been into collecting things so much.
June 29, 2014, 04:58:06 PM
Yeah..... I guess you and I have different priorities here. I can't imagine they could be come to worth 4x the value of a bitcoin -- after all, they are..... bitcoins -- but to each his own.
I imagine that by the time the sun is a red dwarf, if they are worth 1% more than 1 BTC, the gain in value is quite enormous. That kind of wealth preservation is hard, very hard, to find.
The art market is quite volatile. It's easy to make or lose a fortune on Cremonese violins or Faberge eggs. Easy to lose, if you have a forced sale. Easy to win, if you have infinite patience.
June 29, 2014, 04:45:28 PM
Yeah..... I guess you and I have different priorities here. I can't imagine they could be come to worth 4x the value of a bitcoin -- after all, they are..... bitcoins -- but to each his own.
I imagine that by the time the sun is a red dwarf, if they are worth 1% more than 1 BTC, the gain in value is quite enormous. That kind of wealth preservation is hard, very hard, to find.
The art market is quite volatile. It's easy to make or lose a fortune on Cremonese violins or Faberge eggs. Easy to lose, if you have a forced sale. Easy to win, if you have infinite patience.
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