Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29261. (Read 26610828 times)
February 25, 2014, 06:58:31 AM
No way!!!
February 25, 2014, 06:58:18 AM
the way i see it is all of us that had bitcoins or fiat in MtGox will have a week that will remember for a long long time...
We should all cry or drink on the name of our coins...
We should all cry or drink on the name of our coins...
February 25, 2014, 06:58:15 AM
Welcome to yesterday. Or was it the day before that?
February 25, 2014, 06:57:35 AM
February 25, 2014, 06:51:22 AM
Good luck and good night. I only hope I don't wake to a bunch of filled orders because the only ones left are under $400.
February 25, 2014, 06:51:05 AM
Here's a bullish thought:
Total and sudden Gox insolvency (fraudulent or not, doesn't matter for now) is the best way this situation could have resolved.
740k coins(brain fart, nothing to do with the "missing" coins... but you get the idea: a lot of coins that are stuck on gox) *extremely cheap* coins compared to the other exchanges, won't hit the market once Gox re-opens as traders arbitrage the shit out of 500+ prices on Bitstamp.
Sure, those coins will hit the market at some point, when Mark wants to buy that cozy Carribean private island, but they have to be laundered first of course.
For now, it's a big relief that the flood gates of cheap goxbux cannot be opened anymore.
Total and sudden Gox insolvency (fraudulent or not, doesn't matter for now) is the best way this situation could have resolved.
Sure, those coins will hit the market at some point, when Mark wants to buy that cozy Carribean private island, but they have to be laundered first of course.
For now, it's a big relief that the flood gates of cheap goxbux cannot be opened anymore.
February 25, 2014, 06:51:04 AM
Whatever happens, Im glad I stuck to the golden rule of never bet more than you can afford to lose.
If gox is finished the btc I lost on builder (which after trading was no where near what I put in) will have been lost knowing that the odds said it was worth the gamble.
If gox is finished the btc I lost on builder (which after trading was no where near what I put in) will have been lost knowing that the odds said it was worth the gamble.
+1
Though I would also say never stop trading! These Goxcoins have had some pretty tasty swings today while Gox itself is MIA. Could double your real BTC easy at one point.
February 25, 2014, 06:50:20 AM
Guys
Take the opportunity to pull at least some of the BTC you bought today off the exchanges and into cold storage.
Now.
The exchanges can have my fiat but I'm taking my coins out.
Cold storage was originally my plan but the sale at $520 for a 30% profit at a sudden and obviously overbought level, assisted with some speculation about a comment line on a source code on mtgox, was too good to pass up. Once I rebuy on the next MACD cross THEN I will go cold storage.Take the opportunity to pull at least some of the BTC you bought today off the exchanges and into cold storage.
Now.
The exchanges can have my fiat but I'm taking my coins out.
the next MACD cross of 4h will bring the price up and not down, if you trade on the 15m or 1h chart then you have to be really crazy, although I am wondering if you are making any profit by trading on the 15m or 1h chart after paying all fees and if it is really worth it ?
February 25, 2014, 06:44:41 AM
Guys
Take the opportunity to pull at least some of the BTC you bought today off the exchanges and into cold storage.
Now.
The exchanges can have my fiat but I'm taking my coins out.
Cold storage was originally my plan but the sale at $520 for a 30% profit at a sudden and obviously overbought level, assisted with some speculation about a comment line on a source code on mtgox, was too good to pass up. Once I rebuy on the next MACD cross THEN I will go cold storage. Take the opportunity to pull at least some of the BTC you bought today off the exchanges and into cold storage.
Now.
The exchanges can have my fiat but I'm taking my coins out.
February 25, 2014, 06:44:09 AM
Whatever happens, Im glad I stuck to the golden rule of never bet more than you can afford to lose.
If gox is finished the btc I lost on builder (which after trading was no where near what I put in) will have been lost knowing that the odds said it was worth the gamble.
If gox is finished the btc I lost on builder (which after trading was no where near what I put in) will have been lost knowing that the odds said it was worth the gamble.
February 25, 2014, 06:39:29 AM
The cancer is finally gone. Let's hope chemo didn't do too much damage.
February 25, 2014, 06:37:23 AM
February 25, 2014, 06:37:05 AM
Until a proper statement get published I think we'll be filling the order people had waitin gin the lower 5s and 4s possibly.. Right now we seem to have decent bunch that think 500 is fair price.
February 25, 2014, 06:36:38 AM
The recovery is maxed out for now. It's going to take at least a day to consolidate and break $520 if not longer.
520$ was broken already on btc-e and stamp...
it was touched. not broken.
No! Stamp had 521$ and btc-e had 528.99$.
http://bitcoinwisdom.com/markets/btce/btcusd
February 25, 2014, 06:34:25 AM
The recovery is maxed out for now. It's going to take at least a day to consolidate and break $520 if not longer.
The market is far from rational right now. I doubt this will be our last time going past $500 again. The fact that this recovery is occurring at super speed is shocking.
We'll be sub $400 within days. We'll be testing $300 before we start meaningful sustained upwards movement again.
Source?
Shroomskit, I've been noticing you over the past couple of days and you're like a chicken with it's head removed.
If you are unable to form an opinion of your own, it might be in your best interest to stop trading and decide once and for all:
HODL or SODL...
He is the leivmotiv of my account. I must pay curtsey
February 25, 2014, 06:33:55 AM
Hodlor
February 25, 2014, 06:31:57 AM
The recovery is maxed out for now. It's going to take at least a day to consolidate and break $520 if not longer.
The market is far from rational right now. I doubt this will be our last time going past $500 again. The fact that this recovery is occurring at super speed is shocking.
We'll be sub $400 within days. We'll be testing $300 before we start meaningful sustained upwards movement again.
Source?
Shroomskit, I've been noticing you over the past couple of days and you're like a chicken with it's head removed.
If you are unable to form an opinion of your own, it might be in your best interest to stop trading and decide once and for all:
HODL or SODL...
February 25, 2014, 06:31:10 AM
The recovery is maxed out for now. It's going to take at least a day to consolidate and break $520 if not longer.
520$ was broken already on btc-e and stamp...
it was touched. not broken.
No! Stamp had 521$ and btc-e had 528.99$.
http://bitcoinwisdom.com/markets/btce/btcusd
February 25, 2014, 06:28:08 AM
The recovery is maxed out for now. It's going to take at least a day to consolidate and break $520 if not longer.
The market is far from rational right now. I doubt this will be our last time going past $500 again. The fact that this recovery is occurring at super speed is shocking.
We'll be sub $400 within days. We'll be testing $300 before we start meaningful sustained upwards movement again.
Source?
February 25, 2014, 06:27:35 AM
wow blockchained has removed the gox stats at the bottom. Also removed the difficulty stats - feels a bit unnecessary?
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