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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28728. (Read 26656893 times)

legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
After seeing the tax treatment the IRS put out recently, I'd move to Denmark in a second, if I didn't think the whole country is going to sink into the ocean, lol.

Bitcoin is kinda done here in the U.S. Can't use it. No reason to hold it. The revolution, she is caput. Hopefully other countries will take up the torch.

People will take you seriously.  Strange but true.
sr. member
Activity: 546
Merit: 250
After seeing the tax treatment the IRS put out recently, I'd move to Denmark in a second, if I didn't think the whole country is going to sink into the ocean, lol.

Bitcoin is kinda done here in the U.S. Can't use it. No reason to hold it. The revolution, she is caput. Hopefully other countries will take up the torch.

If you want to apply for citizenship i'll put in a good word for you (I am from Denmark)  Grin
member
Activity: 88
Merit: 10
LTC/CNY-USD doesn´t look so healthy right now  Cheesy
also every buy wall on Huobi gets sold through, and no buyin at all.
Brrrrrrrrrr

Edit: Is it possible that BTC is banned in China again?  Cheesy Cheesy Cheesy Cheesy
[/quote
going down again
hero member
Activity: 560
Merit: 500
After seeing the tax treatment the IRS put out recently, I'd move to Denmark in a second, if I didn't think the whole country is going to sink into the ocean, lol.

Bitcoin is kinda done here in the U.S. Can't use it. No reason to hold it. The revolution, she is caput. Hopefully other countries will take up the torch.
legendary
Activity: 924
Merit: 1001
Here comes another shot at buying low. might go far. I just hope his isnt goint to turn into a break down of the wedge.
hero member
Activity: 504
Merit: 500
Moderator
legendary
Activity: 1512
Merit: 1000
@theshmadz
btw, has everyone seen this already?

http://politiken.dk/oekonomi/dkoekonomi/ECE2244816/bitcoin-gevinster-kan-stikkes-direkte-i-lommen/

After seeing the tax treatment the IRS put out recently, I'd move to Denmark in a second, if I didn't think the whole country is going to sink into the ocean, lol.

This would be the sensible stance for Canada (and every country really) to take, but sadly, I get the feeling that Heir Harper will follow the US precedent, as always.

:edit:

Whoa, wait a sec, Greenland would be under the same law, right?

Greenland can't be much worse than Canada, and after the glacier melts, there should be lots of cheap land for sale... hmmmmmm Wink
hero member
Activity: 504
Merit: 500
Moderator
LTC/CNY-USD doesn´t look so healthy right now  Cheesy
also every buy wall on Huobi gets sold through, and no buyin at all.
Brrrrrrrrrr

Edit: Is it possible that BTC is banned in China again?  Cheesy Cheesy Cheesy Cheesy
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
Fake sell walls on bitfinex looking less scary.

Mandelbaum, Mandelbaum!!
legendary
Activity: 1512
Merit: 1000
@theshmadz
When it comes to language, some have an 800 piece toolkit and some have a rusty spoon.

Perpend your proclamation purloined!
lol
hero member
Activity: 504
Merit: 500
Moderator
Fake sell walls on bitfinex looking less scary.



85% of the volume from these walls is from Bitstamp and they´re (most) definitely not fake. A few people bought into the 500BTC asks around 587, and  not only they didn´t they vanish, quite the opposite
happened; they got refilled everytime someone took a bite.
legendary
Activity: 1918
Merit: 1018
It really feels as if the market wants to test/break the trendline.

All this resistance up to 600 and 620, but this price action is being stubborn.  It really feels like we are one big buy from shorts running to cover and getting a powerful move to test 620. The charts have not felt impending bullish to me in months now, although I will admit this is more of a gut feeling than anything.

Personally I would love for us to test $400 again as I have a lot of fresh fiat coming to the markets soon. But I am not sure this train is going to wait for that.

We might be lucky to see $540 again.

It is very nice to understand where the price is going from there in the short term

I have change my mind too many times to make a new prediction
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
Fake sell walls on bitfinex looking less scary.

hero member
Activity: 910
Merit: 1003
Chinese Slumber Method prediction for Thursday March 27

Prediction valid for: Thursday 2014-03-27, 19:00--19:59 UTC (not before, not after)
Huobi's predicted price: 3628 CNY.
Bitstamp's predicted price: 593 USD.


Plot legend

Once more, Huobi saw relatively high volume at the Slumber Time (~728 BTC/h, instead of the usual 50-200 BTC), but not as much as yesterday. Today's data point had low but non-negligible weight (S = 9.349, W = 0.174).  Since the last four data points (Mar/23--26) are fairly aligned, in spite of their low weight, I assumed a straight-line trend fitted to then by weighted least squares: A + B*(d-d0), where d is the day of the month, d0 = 23, A = 3468.99, B = 39.69 (which is just a tad lower than the one used yesterday.)

The Bitstamp prediction, as usual, is the Huobi prediction divided by the currency conversion factor R, which was assumed to be 6.12 CNY/USD (it was 6.12, 6.10, 6.11, 6.13 at the last four Slumber Times).

Checking the previous prediction

Prediction was posted on: Wednesday 2014-03-26, 00:10 UTC
Prediction was valid for: Wednesday 2014-03-26, 19:00--19:59 UTC (~19 hours later)

Huobi's predicted price: 3596 CNY.
Huobi's actual price (L+H)/2: 3588 CNY
Error: 8 CNY (~1.31 USD)

Bitstamp's predicted price: 589 USD.
Bitstamp's actual price (L+H)/2: 584 USD
Error: 5 USD

NOTE: I wish to thank all the sellers who practically threw away thousands of precious bitcoins and all the buyers who wasted millions of dollars just to fullfill my prediction above.
member
Activity: 101
Merit: 10
Bitcoin will go on...

It will go on Smiley

I will roll over the world Smiley
But price for now seems boring again ... Smiley

Come on BTC!

"He's dead Jim. You take his wallet, I'll take his tricorder"
legendary
Activity: 1414
Merit: 1000
HODL OR DIE




We can always spike down to 430ish, but she looks good.


legendary
Activity: 2212
Merit: 1199
Bitcoin will go on...

It will go on Smiley

I will roll over the world Smiley
But price for now seems boring again ... Smiley

Come on BTC!
sr. member
Activity: 248
Merit: 252
PSA: funds stolen from vanity addresses:
http://www.reddit.com/r/Bitcoin/comments/21foj9/funds_currently_being_stolen_from_vanity/

Bitchick i see u use a vanity address so heads up!

That's just the specific service that got hacked and leaked private keys out. No biggie, unless you were using their service.
hero member
Activity: 560
Merit: 500
PSA: funds stolen from vanity addresses:
http://www.reddit.com/r/Bitcoin/comments/21foj9/funds_currently_being_stolen_from_vanity/

Bitchick i see u use a vanity address so heads up!
hero member
Activity: 560
Merit: 500
When it comes to language, some have an 800 piece toolkit and some have a rusty spoon.

Perpend your proclamation purloined!
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