Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29440.

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Quote from: Speedie on February 20, 2014, 07:45:52 PM

Quote from: fotosonics on February 20, 2014, 07:38:41 PM

Quote from: aminorex on February 20, 2014, 07:14:13 PM

560 is right on the baseline for all the lows on the the log chart since the ATH. Any lower is looking like a breakdown.

Well, it's happening.

Now at a 3-month all time low. Significant.

To all fellow hodlers, yes, we're good, but this... is getting... ridiculous...

Not even close assuming we're talking Stamp prices. 3 month low was $382.21 on 12/17/2013. This isn't even a 3 week low - $530.00 on 2/10/2014.

548 stamp. Getting closer. And this is totally different. 530 was a panic dump. This is a deliberate long grind down. If you don't have a plan yet now is the time to make it and stick by it.

If you don't have a plan you are going to get hurt.

fotosonics

full member

Activity: 280

Merit: 100

Walls will be breached. Brace yourselves.

Speedie

sr. member

Activity: 504

Merit: 254

Quote from: fotosonics on February 20, 2014, 07:38:41 PM

Quote from: aminorex on February 20, 2014, 07:14:13 PM

560 is right on the baseline for all the lows on the the log chart since the ATH. Any lower is looking like a breakdown.

Well, it's happening.

Now at a 3-month all time low. Significant.

To all fellow hodlers, yes, we're good, but this... is getting... ridiculous...

Not even close assuming we're talking Stamp prices. 3 month low was $382.21 on 12/17/2013. This isn't even a 3 week low - $530.00 on 2/10/2014.

PoolMinor

legendary

Activity: 1844

Merit: 1338

XXXVII Fnord is toast without bread

fotosonics

full member

Activity: 280

Merit: 100

Quote from: aminorex on February 20, 2014, 07:14:13 PM

560 is right on the baseline for all the lows on the the log chart since the ATH. Any lower is looking like a breakdown.

Well, it's happening.

Now at a 3-month all time low. Significant.

To all fellow hodlers, yes, we're good, but this... is getting... ridiculous...

spike420211

sr. member

Activity: 1610

Merit: 372

Quote from: Arcas on February 20, 2014, 07:21:21 PM

My house just got hit by lightning and it knocked the clocks off of the wall that I was sitting next to. It's probably the gods telling me to HODL!!!!

The godz said check yer surge suppressor too... Grin

PoolMinor

legendary

Activity: 1844

Merit: 1338

XXXVII Fnord is toast without bread

Quote from: virtualfaqs on February 20, 2014, 07:24:15 PM

It works as a form of ID - security/authentication too. "Kind of like" PayPal. PayPal wants you to use your bank account to pay, but you have the option of paying by credit card. Coinbase has to make an exchange purchase asap when you confirm your BTC purchase so they really need to secure your funds asap. They don't know how much money is in your bank account. So if that fails credit card is next. They're really taking a big risk on you... well ... offset by there 1% premiums and slightly higher BTC price.

I do believe you're correct that Coinbase is connected to your mobile number. Not sure what it takes to change it. Yes, changing phone number is a very dangerous thing to do these days.

Thanks for your help.

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: aminorex on February 20, 2014, 07:14:13 PM

560 is right on the baseline for all the lows on the the log chart since the ATH. Any lower is looking like a breakdown.

200 SMA sits at $460 today. It seems to be on a collision course with the current price. Given that the Gox thing is going to take a while to unwind, it now seems inevitable that we will test that average. A week from now (Thurs/Fri seemingly to be the most recent consistent days of bearishness) the SMA will be around $480ish. Two weeks from now it will be around $510ish.

That will be the resistance I am watching.

virtualfaqs

hero member

Activity: 700

Merit: 500

Quote from: PoolMinor on February 20, 2014, 07:15:23 PM

Quote from: virtualfaqs on February 20, 2014, 07:08:56 PM

Quote from: PoolMinor on February 20, 2014, 06:53:45 PM

Quote from: KeyserSoze on February 20, 2014, 06:43:16 PM

If you didn't know it will take you a month to get up to speed there, if I recall. I think you're restricted to 1-2 BTC a day until 30 days goes by. It is a part of verification to simply wait.
Edit: maybe it's 10?

I guess I wasn't very informative with my question. The back story is that I have sold many through CoinBase since Nov 2013, and have been verified through my bank account. I just wasn't sure of the exact policy regarding buying coins through credit card or just through the linked bank account.

They definitely don't want you using your credit card there. It's pretty much a back up if your bank account fails. Charging your credit card is pretty much their last resort. If that happens, I'm going to assume you won't be allowed to use Coinbase services for much longer.

So, the credit card is not a second form of identification or a second level of "security/authentication." Meanwhile I changed my cell phone number recently and forgot to change 2FA, all of this is moot for now. Cry

It works as a form of ID - security/authentication too. "Kind of like" PayPal. PayPal wants you to use your bank account to pay, but you have the option of paying by credit card. Coinbase has to make an exchange purchase asap when you confirm your BTC purchase so they really need to secure your funds asap. They don't know how much money is in your bank account. So if that fails credit card is next. They're really taking a big risk on you... well ... offset by there 1% premiums and slightly higher BTC price.

I do believe you're correct that Coinbase is connected to your mobile number. Not sure what it takes to change it. Yes, changing phone number is a very dangerous thing to do these days.

Arcas

hero member

Activity: 1036

Merit: 524

My house just got hit by lightning and it knocked the clocks off of the wall that I was sitting next to. It's probably the gods telling me to HODL!!!!

Dragonkiller

sr. member

Activity: 378

Merit: 250

Super Smash Bros. Ultimate Available Now!

On an unrelated note, bitstamp support just replied to my ticket and re-enabled btc withdrawals. surprised they are working this late.

PoolMinor

legendary

Activity: 1844

Merit: 1338

XXXVII Fnord is toast without bread

Quote from: virtualfaqs on February 20, 2014, 07:08:56 PM

Quote from: PoolMinor on February 20, 2014, 06:53:45 PM

Quote from: KeyserSoze on February 20, 2014, 06:43:16 PM

If you didn't know it will take you a month to get up to speed there, if I recall. I think you're restricted to 1-2 BTC a day until 30 days goes by. It is a part of verification to simply wait.
Edit: maybe it's 10?

I guess I wasn't very informative with my question. The back story is that I have sold many through CoinBase since Nov 2013, and have been verified through my bank account. I just wasn't sure of the exact policy regarding buying coins through credit card or just through the linked bank account.

They definitely don't want you using your credit card there. It's pretty much a back up if your bank account fails. Charging your credit card is pretty much their last resort. If that happens, I'm going to assume you won't be allowed to use Coinbase services for much longer.

So, the credit card is not a second form of identification or a second level of "security/authentication." Meanwhile I changed my cell phone number recently and forgot to change 2FA, all of this is moot for now. Cry

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

560 is right on the baseline for all the lows on the the log chart since the ATH. Any lower is looking like a breakdown.

virtualfaqs

hero member

Activity: 700

Merit: 500

Quote from: PoolMinor on February 20, 2014, 06:53:45 PM

Quote from: KeyserSoze on February 20, 2014, 06:43:16 PM

Quote from: PoolMinor on February 20, 2014, 06:34:51 PM

Quote from: Arcas on February 20, 2014, 06:24:39 PM

Correct. A linked credit card will give you an instant purchase limit of $100, and this can be raised to $1000 after tier 2 verification.

OK, thanks everyone for your help.

If you didn't know it will take you a month to get up to speed there, if I recall. I think you're restricted to 1-2 BTC a day until 30 days goes by. It is a part of verification to simply wait.
Edit: maybe it's 10?

I guess I wasn't very informative with my question. The back story is that I have sold many through CoinBase since Nov 2013, and have been verified through my bank account. I just wasn't sure of the exact policy regarding buying coins through credit card or just through the linked bank account.

They definitely don't want you using your credit card there. It's pretty much a back up if your bank account fails. Charging your credit card is pretty much their last resort. If that happens, I'm going to assume you won't be allowed to use Coinbase services for much longer.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

Quote from: HairyMaclairy on February 20, 2014, 06:50:57 PM

Just had limit order trigger on Stamp. Looks like today I am buying.

Fixin to get some moar myself. Juuust a li'l bit lower.

PoolMinor

legendary

Activity: 1844

Merit: 1338

XXXVII Fnord is toast without bread

Quote from: KeyserSoze on February 20, 2014, 06:43:16 PM

Quote from: PoolMinor on February 20, 2014, 06:34:51 PM

Quote from: Arcas on February 20, 2014, 06:24:39 PM

Correct. A linked credit card will give you an instant purchase limit of $100, and this can be raised to $1000 after tier 2 verification.

OK, thanks everyone for your help.

If you didn't know it will take you a month to get up to speed there, if I recall. I think you're restricted to 1-2 BTC a day until 30 days goes by. It is a part of verification to simply wait.
Edit: maybe it's 10?

I guess I wasn't very informative with my question. The back story is that I have sold many through CoinBase since Nov 2013, and have been verified through my bank account. I just wasn't sure of the exact policy regarding buying coins through credit card or just through the linked bank account.

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Quote from: zero3112 on February 20, 2014, 06:49:27 PM

Where did all the money go did gox get hacked? Why is the price $100 did bitcoin die?

Gox bitcoin died and went to heaven. All other bitcoins are safe (sort of).

MoreFun

legendary

Activity: 1008

Merit: 1003

WePower.red

Quote from: sonofliberty on February 20, 2014, 06:50:28 PM

Three months ago: http://www.youtube.com/watch?v=xHD0Hbh-o7Q

Thx for this Grin

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Just had limit order trigger on Stamp. Looks like today I am buying.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29440. (Read 26608398 times)