Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29397. (Read 26609713 times)
February 22, 2014, 03:55:20 PM
Pump is coming -
February 22, 2014, 03:54:20 PM
The sooner this all is over.. the sooner can break that ATH of $1200. $2500 and beyond.
February 22, 2014, 03:53:29 PM
Fucking Theymos, get your shit together.
February 22, 2014, 03:20:37 PM
It's funny how one moves on to ever crazier things to trade - that bitcoinbuilder site has some pretty hilarious and predictable swings right now. Owner is making a killing at 2%, approaching 9000 GoxBTC volume in 24h.
February 22, 2014, 03:19:16 PM
Dont miss the pump, Goxcoin is on fire.
February 22, 2014, 03:12:07 PM
Like all I have seen is someone on reddit say they thought gox has had sent a few btc someplace.
Then Gmaxwell saying they still have no idea wtf they are doing.
Then Gmaxwell saying they still have no idea wtf they are doing.
It is clear to the developers observing Gox activities that they are working on the problem. It is however equally clear that they don't appear to be the most reassuringly competent software engineers. Please note: I'm British - understatement is in our nature.
It is really difficult to fix an insolvent business via software engineering.
February 22, 2014, 03:11:20 PM
I do not think they will resume anytime soon!
Why?Because they are famous for making promises they can't keep.
February 22, 2014, 03:08:02 PM
Like all I have seen is someone on reddit say they thought gox has had sent a few btc someplace.
Then Gmaxwell saying they still have no idea wtf they are doing.
Then Gmaxwell saying they still have no idea wtf they are doing.
It is clear to the developers observing Gox activities that they are working on the problem. It is however equally clear that they don't appear to be the most reassuringly competent software engineers. Please note: I'm British - understatement is in our nature.
February 22, 2014, 03:07:09 PM
Gotta give Tera credit for calling the spike at $619.88 within 12 cents.
Yes I agree nice call.
February 22, 2014, 03:07:01 PM
I do not think they will resume anytime soon!
Why?I feel there are deeper issues than what they are revealing since they always seem to have an excuse to prolong the process of fixing the problem. And the fact that they are putting blame on others shows that they are trying to hide the obvious by trying to focus the attention elsewhere.
February 22, 2014, 03:06:28 PM
hourly downtrend is likely to reverse above 584, the intersection with the daily uptrend baseline since the 530 bottom. 15 minute uptrend is too steep to last more than another hour. i'm guessing it turns down between 603 and 606. then reverses again at 585. gox seems likely to drop below 150 within the day before exceeding the day's high.
35 min to go. Care to revise your statement?
February 22, 2014, 03:00:22 PM
I do not think they will resume anytime soon!
Why? February 22, 2014, 02:58:08 PM
Ok we have seen the reaction on the rumor that Mt.Gox enables withdrawals now. This confirms my thoughts that we will see a bit of a "silkroadcrash affect" when they actually really succeed to resume withdrawals. The price will violently shoot up then. This will be the start sign of a new really to new highs. If however Mt.gox doesn't succeed in fixing their problems, we will have a slow slide down on the exchanges to maybe the 300 - 400 area.
I do not think they will resume anytime soon!
February 22, 2014, 02:42:48 PM
Ok we have seen the reaction on the rumor that Mt.Gox enables withdrawals now. This confirms my thoughts that we will see a bit of a "silkroadcrash affect" when they actually really succeed to resume withdrawals. The price will violently shoot up then. This will be the start sign of a new rally to new highs. If however Mt.gox doesn't succeed in fixing their problems, we will have a slow slide down on the exchanges to maybe the 300 - 400 area.
February 22, 2014, 02:42:30 PM
Former MtGox cold wallet?
Seems empty
https://blockchain.info/address/1LNWw6yCxkUmkhArb2Nf2MPw6vG7u5WG7q
Edit:
Last transaction
2014-02-06
Seems empty
https://blockchain.info/address/1LNWw6yCxkUmkhArb2Nf2MPw6vG7u5WG7q
Edit:
Last transaction
2014-02-06
February 22, 2014, 02:41:55 PM
hourly downtrend is likely to reverse above 584, the intersection with the daily uptrend baseline since the 530 bottom. 15 minute uptrend is too steep to last more than another hour. i'm guessing it turns down between 603 and 606. then reverses again at 585. gox seems likely to drop below 150 within the day before exceeding the day's high.
February 22, 2014, 02:32:58 PM
$580 was never a big resistance point, $616 was next logical retracement target IMO.
I can't see it past $707 level, but a break of $640 will still look like a short-term break from the down trend.
Can't really argue with that. Since I have stopped shorting, and become resolute in my belief that Bitcoin is going to grind down much lower over a painfully extended period of time, I have probably become a bit slack in my reading of the charts.....
.....like playing Poker if you don't have any skin in the game......would you be really bothered?
Yeah, I hear that. I can't resist shorting a downtrend, though.
Limit shorts triggered at $614 and up but closed already, too much upside risk at the moment.
The correlation to Gox trips me out. On the last big drop, Gox dropped 65%, Bitstamp dropped 16%. We just saw > 200% rise on Gox ... and a 10% rise on Stamp. I think the correlation may continually weaken if/when Gox pushes upwards (e.g. after withdrawals are enabled). That, combined with Gox - Stamp/BTC-E/BFX arbitrage opportunity for the typical GOXasset holders (i.e. not just the limited pool of Bitcoin Builder arbitragers), tells me that those expecting to go to the moon after Gox enables withdrawals may be in for a rude awakening.
February 22, 2014, 02:30:20 PM
Does someone wanna tell me what the fuck that rally was about?
Fear.
of what?
Like all I have seen is someone on reddit say they thought gox has had sent a few btc someplace.
Then Gmaxwell saying they still have no idea wtf they are doing.
I think at this point, the news of them doing something, even something retarded, can have a positive effect.
February 22, 2014, 02:26:02 PM
Jesus. Nice to find out after 10 months or so haha. Thanks.
Mine is UNchecked but still get warning. Edit: oops, i see I need to check it.
Haha noob.
February 22, 2014, 02:25:46 PM
Does someone wanna tell me what the fuck that rally was about?
Fear.
of what?
Like all I have seen is someone on reddit say they thought gox has had sent a few btc someplace.
Then Gmaxwell saying they still have no idea wtf they are doing.
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