Oddly, after someone posted that GIF of a bear scratching his nuts, there seems to be an erection in price.
Bulls are less interesting in that regard, since they do NOT have scratching digits.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28657. (Read 26714225 times)
March 30, 2014, 12:37:10 PM
Bulls are less interesting in that regard, since they do NOT have scratching digits.
March 30, 2014, 12:36:42 PM
Oddly, after someone posted that GIF of a bear scratching his nuts, there seems to be an erection in price.
Very speculation. So thank you.
March 30, 2014, 12:36:07 PM
Oddly, after someone posted that GIF of a bear scratching his nuts, there seems to be an erection in price.
This is why I read the nonsense on this thread. Lol. 
March 30, 2014, 12:33:16 PM
Oddly, after someone posted that GIF of a bear scratching his nuts, there seems to be an erection in price.
March 30, 2014, 12:32:26 PM
Buys finally eating the thin ask side !
March 30, 2014, 12:30:13 PM
does somebody have the link to this site where you can watch multiple charts of bitcoinwisdom?
http://hypron.net/bitcoinwisdom.html
thank you very much!
China wall does not look good !
March 30, 2014, 12:28:51 PM
btc e just added loads of stuff? cny?
March 30, 2014, 12:28:19 PM
I'd bet everything i own that the ones purchasing cheap coins right now are chinese, and the ones selling are westeners.
There should be a way to get some information on this..Some of them are ordinary speculators or investors who believe that the price will be higher eventually. Some are arbitrage traders who send the coins to the Western exchanges and sell them there for a slightly higher price.
Presumably a large part of the volume now at Bitstamp is one-time sale of coins exported from China by the arbitrage traders. I do not know how those sales could be separated from western panic sellers, from people who bought before october and are cashing out the profit just in case, from etc. If one could do that, then one could estimate how many of those cheap Chinese coins are being bought by the Chinese, and how many by Westerners.
March 30, 2014, 12:27:57 PM
there is another massive dump waiting to happen im sure of it
March 30, 2014, 12:27:50 PM
Missed the bottom 
March 30, 2014, 12:27:49 PM
does somebody have the link to this site where you can watch multiple charts of bitcoinwisdom?
http://hypron.net/bitcoinwisdom.html
thank you very much!
edit: this forum needs a tip function!
March 30, 2014, 12:27:39 PM
does somebody have the link to this site where you can watch multiple charts of bitcoinwisdom?
http://hypron.net/fantastic4/
March 30, 2014, 12:26:46 PM
Do those ppl who sell @these prices getting out of the game or just waiting to rebuy below 400 i wonder?
sold at 455 and closed at 436.4 on stamp
Im too scared to sell... I am NOT confident that we are going lower.
March 30, 2014, 12:26:45 PM
Blast off! Buy to 460 and plop their wall up.
Edit: the wall was bought already. We need sturdier walls at this price point.
Edit: the wall was bought already. We need sturdier walls at this price point.
March 30, 2014, 12:26:35 PM
March 30, 2014, 12:19:34 PM
March 30, 2014, 12:17:55 PM
I took too many already, what should I change a color to now?And will it make a price skyrocket just like tomorrow?
March 30, 2014, 12:14:51 PM
It is 1:15 am in China. Within a couple of hours, price MAY stabilize for a while. Perhaps even go up a little, pushed by the Western exchanges.
March 30, 2014, 12:13:45 PM
I'd bet everything i own that the ones purchasing cheap coins right now are chinese, and the ones selling are westeners.
There should be a way to get some information on this.. to attempt to figure it out... maybe cannot be 100% direct evidence but reasonable inferences.
Maybe a good project for Jorge?
You saying Chinese are better traders than Westerners?
March 30, 2014, 12:13:28 PM
I wonder why there was no volume and no price chang on Saturday, and so much of it today. Perhaps:
Over the years here is the general trend, if it matters:
1) price generally rose, with early-week being strong buy days. This was apparently because cash sent to Gox anytime during the week often became available in one's account Monday-Wednesday, and people bought as soon as their cash hit their account.
2) this got slowly pushed back until Monday became (and I believe statistically may still be) the strongest buy day. I have seen statistics posted here several times with either Sunday or Monday as highest buy days, Thursday biggest sell days.
3) so gradually people started buying late Sunday night in anticipation of Monday morning. They had been storing cash to front-run the coming buys.
4) this was fairly quickly pushed back further until many buys started happening @ noon (EST) Sunday
5) around the time between #3-4 the Chinese entered the market in larger numbers. Whether it is the cause or not is unknown but larger buys/sells began happening between 2-7AM EST (when the West was apparently sleeping).
6) With the rise in popularity of Bitcoin, skyrocketing price and amount/impact of news it seems harder to find a general pattern in the buys/sells but perhaps Sunday remains a sentimental day for action.
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