what stolen coins?
what did I miss?
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28848. (Read 26623557 times)
March 17, 2014, 04:46:57 AM
March 17, 2014, 04:33:13 AM
If someone buys up to 640, we would be on our way up. People with a stake: buy more or people will start to panic sell as the price gradually slips away
How about I wait until after the panic and get my coins cheaper? The long term value of my stake is determined by fundamentals, not technicals.
March 17, 2014, 04:27:07 AM
If someone buys up to 640, we would be on our way up. People with a stake: buy more or people will start to panic sell as the price gradually slips away
Do you really think that setting the trend of the market is that simple and that us here on this thread have the power to do that? I think there are much bigger and more complicated forces at play and it wont make a difference. March 17, 2014, 04:25:39 AM
I think we will see 560 in the next 24 hours. if this is the sale of stolen coins, we could see lower. his is a natural 3 wave decline, and should pass wave A extreme (590)
The 24h volume on bitstamp is still only 4705btc. If stolen coins were actually being sold, then you would start to see 6 digit volume numbers. Keep in mind also that over 3600 coins are mined per day. This obviously isn't stolen coins. This is a different problem. It's called "nobody is buying".I agree and I think it likely that many stolen coins were sold long ago, and kept prices depressed.
There are macroeconomic factors in play also. Relatively less money printing by the central bank, uncertainty on the Ukraine situation, lower wealth effect due to stock market pullback, etc.
March 17, 2014, 04:22:40 AM
If someone buys up to 640, we would be on our way up. People with a stake: buy more or people will start to panic sell as the price gradually slips away
March 17, 2014, 04:10:27 AM
I think we will see 560 in the next 24 hours. if this is the sale of stolen coins, we could see lower. his is a natural 3 wave decline, and should pass wave A extreme (590)
Where would you recommend I go to best understand this waves A, C etc stuff I keep hearing about?
March 17, 2014, 04:09:56 AM
I think we will see 560 in the next 24 hours. if this is the sale of stolen coins, we could see lower. his is a natural 3 wave decline, and should pass wave A extreme (590)
The 24h volume on bitstamp is still only 4705btc. If stolen coins were actually being sold, then you would start to see 6 digit volume numbers. Keep in mind also that over 3600 coins are mined per day. This obviously isn't stolen coins. This is a different problem. It's called "nobody is buying". 
March 17, 2014, 04:02:08 AM
March 17, 2014, 03:49:42 AM
prices make me want to spend my coins on anything but fiat 
March 17, 2014, 03:48:42 AM
NewsWeak may want to prepare for reaming:
http://www.reddit.com/r/Bitcoin/comments/20m07a/statement_from_dorian_satoshi_nakamoto/
http://www.reddit.com/r/Bitcoin/comments/20m07a/statement_from_dorian_satoshi_nakamoto/
"NewsWeak" is right. Their whole story was circumstantial. The smoking gun was an admission that can be explained as miscommunication by a guy that didn't want to talk in the first place. At this point, I wouldn't even call it a weak case. More of a theory. Dorian has a civil case and I hope this results in a retraction or a settlement. Without more evidence, it's likely he'll get it.
So if i "misunderstood" you as an anti gay dick head whos doing some work for an antigay organization, then i wrote an article about you and how your childhood's insecurities with homosexual (your parents are gay couple...for ex) would be a perfect fit...... I'm still right ....... RITE?
?? Your analogy makes no sense. This was an irresponsible story by Newsweek even if it later turns out to be true, which is doubtful. This doesn't mean they made it up or intentionally framed the wrong guy.
March 17, 2014, 03:38:55 AM
I think we will see 560 in the next 24 hours. if this is the sale of stolen coins, we could see lower. his is a natural 3 wave decline, and should pass wave A extreme (590)
March 17, 2014, 03:34:21 AM
I have a long position right now... 
March 17, 2014, 03:21:53 AM
sell on any news 
, I don't discount the idea of an attempt to squeeze the people going long
, I don't discount the idea of an attempt to squeeze the people going long 
March 17, 2014, 03:10:53 AM
Dump on Huobi. Yawn.
March 17, 2014, 03:07:00 AM
With this low of volume and on BFX there is a record amount of USD being borrowed for long positions there is going to be a short squeeze down, when people start closing their long positions when the market moves south drastically with a small dump this is going to be painful.
Edit: Last time I saw Bitfinex sentiment be 2:1 bearish was December 22, that was the beginning of the rally up to 900ish. Now that is 1:2 bullish be careful, the market can be easily manipulated right now.
Edit: Last time I saw Bitfinex sentiment be 2:1 bearish was December 22, that was the beginning of the rally up to 900ish. Now that is 1:2 bullish be careful, the market can be easily manipulated right now.
March 17, 2014, 03:02:14 AM
March 17, 2014, 03:02:02 AM
NewsWeak may want to prepare for reaming:
http://www.reddit.com/r/Bitcoin/comments/20m07a/statement_from_dorian_satoshi_nakamoto/
http://www.reddit.com/r/Bitcoin/comments/20m07a/statement_from_dorian_satoshi_nakamoto/
"NewsWeak" is right. Their whole story was circumstantial. The smoking gun was an admission that can be explained as miscommunication by a guy that didn't want to talk in the first place. At this point, I wouldn't even call it a weak case. More of a theory. Dorian has a civil case and I hope this results in a retraction or a settlement. Without more evidence, it's likely he'll get it.
So if i "misunderstood" you as an anti gay dick head whos doing some work for an antigay organization, then i wrote an article about you and how your childhood's insecurities with homosexual (your parents are gay couple...for ex) would be a perfect fit...... I'm still right ....... RITE?
March 17, 2014, 03:00:38 AM
Who thinks the situation in Ukraine will spark something in the bitcoin price?
Do you think the Ukranians have the infrastructure to use bitcoin in times of war? I dont, I dont think it will be useful in war. However, there may be a few millionaires/billionaires in Ukraine or Russia that want to protect/hedge their fortunes. but why haven't they already done so?
Because it only has gone down over the last few months. That in combination with nothing but scams, hackers and crooks and no sane, rich person would put his money in Bitcoin. Not exactly rocket science.
Bitcoin in Ukraine is too small to affect the overall bitcoin price.
If the people on Кpим starts to use rubles in stead of гpивня, using the bitcointalk theory of money value, there should be a fall in the value of гpивня, not so much a rise in the ruble (because it is 500 times larger). Probably a fall could be explained by other reasons too, so we will never know.
March 17, 2014, 02:59:56 AM
Interestingly, a bitcoin activist claimed he had big bitcoins trapped in mtgox, but the hacked documents proved he had little balance, showing he lied, and furthermore, he also had lied that he had only stocked and never sold.
is there a thread here about this?
No. I conclude this myself. Anyway, activists have right to push for their good, by all means he can. Others have right to be pushed or not.
March 17, 2014, 02:52:25 AM
NewsWeak may want to prepare for reaming:
http://www.reddit.com/r/Bitcoin/comments/20m07a/statement_from_dorian_satoshi_nakamoto/
http://www.reddit.com/r/Bitcoin/comments/20m07a/statement_from_dorian_satoshi_nakamoto/
"NewsWeak" is right. Their whole story was circumstantial. The smoking gun was an admission that can be explained as miscommunication by a guy that didn't want to talk in the first place. At this point, I wouldn't even call it a weak case. More of a theory. Dorian has a civil case and I hope this results in a retraction or a settlement. Without more evidence, it's likely he'll get it.
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