Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27640.

oda.krell

legendary

Activity: 1470

Merit: 1007

Quote from: JorgeStolfi on May 23, 2014, 08:33:20 AM

Still no ideas of where this rally is coming from (China, West, ...), nor why?

It seems that the price stops increasing for 2-3 hours around 19:00 UTC every day, which is 03:00 in China. So I would think that China STILL sets the price.

Perhaps some Chinese exchange already started operating offshore, and is in beta-test by selected clients?

You'll get used to the feeling of confusion, I'm sure.

Hope you'll stick around when we're back to 1200 and beyond, will be interesting to see the rationalizations you'll come up with.

("back to 1200" eventually, dear bulls. not tomorrow, or even next month.)

YogoH

sr. member

Activity: 280

Merit: 250

Man it feels good to be hitting red walls again.

7thKingdom

member

Activity: 107

Merit: 10

lolol at the whale that just doubled their wall at 550

gizmoh

legendary

Activity: 1428

Merit: 1000

Correction imminent Roll Eyes

amitrwt

full member

Activity: 140

Merit: 100

Quote from: rohnearner on May 23, 2014, 08:34:54 AM

Price On June 1st 2014
OPTIMIST
>800    - 48 (20.3%)
720    - 10 (4.2%)
648    - 43 (18.2%)

Realist
583    - 61 (25.8%)
524    - 41 (17.4%)
472    - 15 (6.4%)

Pessimist
425    - 4 (1.7%)
382    - 2 (0.8%)
<344    - 12 (5.1%)

Total Voters: 236

Good to know I'm Realist

and most of the members who voted

spooderman

legendary

Activity: 1680

Merit: 1045

Quote from: blatchcorn on May 23, 2014, 08:33:08 AM

Here come the whales

lololol thank you

rohnearner

sr. member

Activity: 350

Merit: 252

REAL-EYES || REAL-IZE || REAL-LIES||

Price On June 1st 2014
OPTIMIST
>800    - 48 (20.3%)
720    - 10 (4.2%)
648    - 43 (18.2%)

Realist
583    - 61 (25.8%)
524    - 41 (17.4%)
472    - 15 (6.4%)

Pessimist
425    - 4 (1.7%)
382    - 2 (0.8%)
<344    - 12 (5.1%)

Total Voters: 236

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Still no ideas of where this rally is coming from (China, West, ...), nor why?

It seems that the price stops increasing for 2-3 hours around 19:00 UTC every day, which is 03:00 in China. So I would think that China STILL sets the price.

Perhaps some Chinese exchange already started operating offshore, and is in beta-test by selected clients?

blatchcorn

sr. member

Activity: 952

Merit: 281

Here come the whales

Mythul

sr. member

Activity: 644

Merit: 250

Its happening guys, its finally happening...

YogoH

sr. member

Activity: 280

Merit: 250

Quote from: calmindifference on May 23, 2014, 08:22:48 AM

Quote from: YogoH on May 23, 2014, 08:11:19 AM

Premined doesn't automatically mean scam though. Ripple has a different vision and idea, and I could see it being used between banks just because of the corporate background. It is an interesting project. I would never buy it, but I actually own about 5k xrp (which is nothing) from running BOINIC on a spare computer.

Not necessarily a scam, but if the premine falls > 50% in the hands of a single individual then it's a huge risk to other investors. BTC is at lower risk due to only 10% under control of Satoshi and 7% under control of gox "hackers"

Not the point. The blockchain can be used in many ways when a 100% or 50% premine is preferable. Especially internally or for applications such as voting.

spooderman

legendary

Activity: 1680

Merit: 1045

choo to teh mother fucking choo

bitgeek

sr. member

Activity: 462

Merit: 251

Quote from: amitrwt on May 23, 2014, 08:19:57 AM

Looks like we will be hitting 550$ mark within few hours.. now looking for 600$

It should reach 600 at least, this was the relatively stable price before the Chinese started stirring the pot.

Mythul

sr. member

Activity: 644

Merit: 250

Quote from: Ultros on May 23, 2014, 08:07:58 AM

Quote from: p4n on May 23, 2014, 08:06:38 AM

Hahaha best pic of the month.

CCMF BRO !

chessnut

legendary

Activity: 924

Merit: 1001

Quote from: amitrwt on May 23, 2014, 08:19:57 AM

Looks like we will be hitting 550$ mark within few hours.. now looking for 600$

It's NUTS. the levels we are about to break are going to make the hourly chart munt its self. In the last few hours we are actually accelerating!

calmindifference

member

Activity: 91

Merit: 10

Quote from: YogoH on May 23, 2014, 08:11:19 AM

Premined doesn't automatically mean scam though. Ripple has a different vision and idea, and I could see it being used between banks just because of the corporate background. It is an interesting project. I would never buy it, but I actually own about 5k xrp (which is nothing) from running BOINIC on a spare computer.

Not necessarily a scam, but if the premine falls > 50% in the hands of a single individual then it's a huge risk to other investors. BTC is at lower risk due to only 10% under control of Satoshi and 7% under control of gox "hackers"

amitrwt

full member

Activity: 140

Merit: 100

Looks like we will be hitting 550$ mark within few hours.. now looking for 600$

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: YogoH on May 23, 2014, 08:11:19 AM

Quote from: dreamspark on May 23, 2014, 07:51:09 AM

Quote from: ?? on ??

Maybe they want to price to tank, ,so they can accumulate more ripple. Maybe they have made some big deals with a few banks and need to get the supply back completely in their hands.

Again, maybe.

Seems a retarded thing to do though.

Still a premined scam and people should have thought twice before investing in it. Not taking the piss out of them but just why is beyond me. XRP is still traded like any other crypto and you dont have to look very far to see the corpses of other dead cryptos. The network will obviously survive but holding XRP seems a silly move. Who knows maybe it wont be, just my 0.02BTC

Premined doesn't automatically mean scam though. Ripple has a different vision and idea, and I could see it being used between banks just because of the corporate background. It is an interesting project. I would never buy it, but I actually own about 5k xrp (which is nothing) from running BOINIC on a spare computer.

I accept that the idea is different hence the network will survive and I accept that premine != scam.

However in this instance I'd feel pretty scammed as when buying into this knowing that a holder has such a high % I'd expect him to not devalue my holdings and in fact if he wanted out, to make a deal. Its been said by ripple employees that they would have attempted to buy him out. It makes no sense because even if they offered him 70% below market its a shit load more than he would get announcing his intentions then dumping onto the open market.

YogoH

sr. member

Activity: 280

Merit: 250

Quote from: dreamspark on May 23, 2014, 07:51:09 AM

Quote from: ?? on ??

Maybe they want to price to tank, ,so they can accumulate more ripple. Maybe they have made some big deals with a few banks and need to get the supply back completely in their hands.

Again, maybe.

Seems a retarded thing to do though.

Still a premined scam and people should have thought twice before investing in it. Not taking the piss out of them but just why is beyond me. XRP is still traded like any other crypto and you dont have to look very far to see the corpses of other dead cryptos. The network will obviously survive but holding XRP seems a silly move. Who knows maybe it wont be, just my 0.02BTC

Premined doesn't automatically mean scam though. Ripple has a different vision and idea, and I could see it being used between banks just because of the corporate background. It is an interesting project. I would never buy it, but I actually own about 5k xrp (which is nothing) from running BOINIC on a spare computer.

studio1one

hero member

Activity: 1218

Merit: 500

BintexFutures

Quote from: p4n on May 23, 2014, 08:06:38 AM

amazing

Have to steal that.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27640. (Read 26712329 times)