Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29325. (Read 26694537 times)

30 000 BTC volume x 4% (2% on both sides). Now, it's only the question if that 30k volume is last 24 hours or all volume since it's opened. Impressing profit whatever it is.

Where you got 1200 BTC? 400 BTC probably...

Yeah....I shifted funds over to Bitfinex....shorting opportunity at $630 was too tempting......if I start to get a queasy feeling about them again then I will shift funds back off.

I pulled my short with a small profit. I actually pulled it by mistake cos my full attentions weren't on the game....but to be honest, there is no definite trade at this point in time. True, prevailing sentiment is very negative, but we have just had a hell of a run down in price and past experience tells me that the indefatigable optimism in the face of common sense of Bitcoin investors, makes for every potential of a counter-trend rally up to perhaps $579 before we finally breach $530.

Having said that, we are currently in a pennant formation on a strong down trend. Any TA 101 certificate holder will tell you that 9/10, a break down will follow this.....we are also nearing the very narrowest limits of this formation so we shouldn't have to wait long.

I would still say more chance of further price deterioration than a small counter trend rally but I would only be 60% certain on that and that isn't good enough. I figure that if I cut out the trades that I am not sure off and go with the blatantly obvious, I will cut out a lot of frustrations in my trading. I never lose on the trades that I am certain off beforehand.

Definitely.

Explanation

If by "luck", you mean sucked Mark's dick, then those would be some very "lucky" beta testers.

Gox coins being dumped on stamp.  Those are some "lucky" beta testers .. 

Sounds like a quote taken out of context.  It is pretty normal for infrastructure to be funded by pension funds who then obtain a long run return in excess of government bonds.  You buy a tunnel that has 100,000 cars go through it per day @ $2 each = $200k per day.  As long as the pension fund does not pay too much (which is always the trick) then they are golden.

only in bitcoinland....

Not some huge trading skills to be honest. Half of it was 3 big profit trades. I made 200 BTC few days ago in 2 weeks long trade of MCXNow shares, I was on right place at right time and had BTC when RealSolid went mental and sold few thousands at 0.12 and I sold them over 0.3. Made 70 BTC in one longer trade on same fees too. And 100+ BTC in my best trade ever when I bought 18 BTC worth of DGC on absolute historical bottom during ATH times.

Stamp has absorbed a lot of bitcoins in the past 24 hours.

Stamp below BTCe? What is this sorcery?

It's easier to trade small amounts but I have to applaud your trading skills, this is pretty amazing.

Fee is 4%, it's 2% from each side. He probably accumulates half BTC and half goxBTC.

Be happy for me when it works   It can all end in tears, too.
You can certainly receive coins with any account, but I would be a bit hesitant considering the verification process can take a very very long time. If you're not in a hurry, it's worth a go, but my price threshold would be much lower if I was buying unverified. Below .2 maybe.

From what I've monitored, that is the entire FauxBTC volume since bitcoinbuilder started operating. So not quite 1200 BTC but faux coins, which is, still, a very nice sum.

Much more, around 70 fold in Bitcoin since end of March 2013. If I would turn all fiat, alts, shares etc in Bitcoins I'd collect over 500 BTC now.

Good idea wasn't it. I need to start working on a jump to conclusions mat.

Don't think he made 1200 BTC though. Volume is 29500 give or take but that's Goxcoins. If we take the day's average it's probably 1/4th to 1/3rd BTC each. 2% of that is 147~197 BTC in fees. Not a bad day's work, obviously.

I haven't been looking to closely at the bitcoinbuilder thing... are people placing a lot of trust in the guy who built it?