Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29501.

ChrisML

sr. member

Activity: 308

Merit: 250

Quote from: Davyd05 on February 20, 2014, 01:50:15 AM

3-4 hrs to the usual announcement time , I don't think I can sleep when this kind of shit could be the story that causes the biggest green candle I've ever seen.

Same.. but I just came out of a fucking nightshift.. So I have to Sad

Candle to the moon.. but where will it end.

Davyd05

hero member

Activity: 574

Merit: 500

3-4 hrs to the usual announcement time , I don't think I can sleep when this kind of shit could be the story that causes the biggest green candle I've ever seen.

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: RicePicker on February 20, 2014, 01:27:51 AM

If anyone was around during Pirate40's ponzi scheme in 2012 the sentiment on the forums is extremely similar to this Mtgox issue. There were plenty of well known members of the bitcoin community backing up Pirate pledging that he was not running a ponzi scheme and people were buying shares of his investment on GLBSE for 40-50% betting that he would pay out again. Pirate40's identity was known by everyone. He went to the Las Vegas bitcoin convention and he still managed to scam how many bitcoins and dollars from everyone? A lot of well known members of this forum were the ones selling shares to his company. I like to take everyone advice here on this forum with a grain of salt.

Including your own?

PoolMinor

legendary

Activity: 1844

Merit: 1338

XXXVII Fnord is toast without bread

Quote from: Bitchardo on February 20, 2014, 12:48:40 AM

It isn't panic selling. It's calculated manipulation. For almost exactly one hour, somebody was buying coins at 260 on mtgox and selling for 630 at coinbase...
As far as I'm concerned, it's clear evidence of withdrawal from gox, by somebody Roll Eyes

http://www.reddit.com/r/BitcoinMarkets/comments/1yey4m/deleted_from_bitcoin_subreddit_for_the_past_hour/

Or it could be these guys

OldGeek

sr. member

Activity: 266

Merit: 250

Blitz:The price affects the perception of the news

That market seller on gox did it again just a few minutes ago. The price was hovering between 249 and 253. Then our hero placed a market sell amounting to 206 coins which drove the price back down to the 248.15 level.

RicePicker

full member

Activity: 216

Merit: 100

RicePicker

If anyone was around during Pirate40's ponzi scheme in 2012 the sentiment on the forums is extremely similar to this Mtgox issue. There were plenty of well known members of the bitcoin community backing up Pirate pledging that he was not running a ponzi scheme and people were buying shares of his investment on GLBSE for 40-50% betting that he would pay out again. Pirate40's identity was known by everyone. He went to the Las Vegas bitcoin convention and he still managed to scam how many bitcoins and dollars from everyone? A lot of well known members of this forum were the ones selling shares to his company. I like to take everyone advice here on this forum with a grain of salt.

OldGeek

sr. member

Activity: 266

Merit: 250

Blitz:The price affects the perception of the news

Quote from: windjc on February 20, 2014, 12:39:31 AM

...img snip...
Panic selling before the next update about still working on it. I think Gox goes into the 100s this week. I still think its solvent.

Any guess whether this will drag the western markets down too? I suppose a better question would be: how far will this drag the others down?

RicePicker

full member

Activity: 216

Merit: 100

RicePicker

Quote from: ShroomsKit on February 20, 2014, 01:13:10 AM

Quote from: Bitchardo on February 20, 2014, 12:48:40 AM

It isn't panic selling. It's calculated manipulation. For almost exactly one hour, somebody was buying coins at 260 on mtgox and selling for 630 at coinbase...
As far as I'm concerned, it's clear evidence of withdrawal from gox, by somebody Roll Eyes

http://www.reddit.com/r/BitcoinMarkets/comments/1yey4m/deleted_from_bitcoin_subreddit_for_the_past_hour/

Great, i can now imagine 1000's of people dumping their coins as soon as they get them out. Maybe Gox is the real price after all.

If you are able to deposit as much money as you would like into GOX, but everyone is limited withdrawing say 5-10 BTC per week/month, there will be a slow selling of coins from Gox to any other exchange for 50-60% profit. I am betting there are plenty of large bitcoin account holders within Gox based on the volume and the fact that Gox's fees are outrageous willing to keep the price low to GTFO of there.

surfer43

sr. member

Activity: 560

Merit: 250

"Trading Platform of The Future!"

Quote from: ShroomsKit on February 20, 2014, 01:13:10 AM

Quote from: Bitchardo on February 20, 2014, 12:48:40 AM

It isn't panic selling. It's calculated manipulation. For almost exactly one hour, somebody was buying coins at 260 on mtgox and selling for 630 at coinbase...
As far as I'm concerned, it's clear evidence of withdrawal from gox, by somebody Roll Eyes

http://www.reddit.com/r/BitcoinMarkets/comments/1yey4m/deleted_from_bitcoin_subreddit_for_the_past_hour/

Great, i can now imagine 1000's of people dumping their coins as soon as they get them out. Maybe Gox is the real price after all.

That would be great

I could finally afford 1 BTC if that happened Wink

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: Bitchardo on February 20, 2014, 12:48:40 AM

It isn't panic selling. It's calculated manipulation. For almost exactly one hour, somebody was buying coins at 260 on mtgox and selling for 630 at coinbase...
As far as I'm concerned, it's clear evidence of withdrawal from gox, by somebody Roll Eyes

http://www.reddit.com/r/BitcoinMarkets/comments/1yey4m/deleted_from_bitcoin_subreddit_for_the_past_hour/

Great, i can now imagine 1000's of people dumping their coins as soon as they get them out. Maybe Gox is the real price after all.

derpinheimer

legendary

Activity: 896

Merit: 1000

Quote from: Bitchardo on February 20, 2014, 12:48:40 AM

It isn't panic selling. It's calculated manipulation. For almost exactly one hour, somebody was buying coins at 260 on mtgox and selling for 630 at coinbase...
As far as I'm concerned, it's clear evidence of withdrawal from gox, by somebody Roll Eyes

http://www.reddit.com/r/BitcoinMarkets/comments/1yey4m/deleted_from_bitcoin_subreddit_for_the_past_hour/

Im looking for the evidence but not seeing anything remotely convincing.

Literally, the entirety of the evidence is a single picture that doesnt say a damn thing? LOL!

ChartBuddy

legendary

Activity: 2380

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

OldGeek

sr. member

Activity: 266

Merit: 250

Blitz:The price affects the perception of the news

Quote from: Bitchardo on February 20, 2014, 12:48:40 AM

It isn't panic selling. It's calculated manipulation. For almost exactly one hour, somebody was buying coins at 260 on mtgox and selling for 630 at coinbase...
As far as I'm concerned, it's clear evidence of withdrawal from gox, by somebody Roll Eyes

http://www.reddit.com/r/BitcoinMarkets/comments/1yey4m/deleted_from_bitcoin_subreddit_for_the_past_hour/

I've been watching that show for a few hours now and what I saw was a whole bunch of market sells. Whoever it was waited until the bids built up then hammered them down. It continues now at a lower level.

Bitchardo

newbie

Activity: 15

Merit: 0

It isn't panic selling. It's calculated manipulation. For almost exactly one hour, somebody was buying coins at 260 on mtgox and selling for 630 at coinbase...
As far as I'm concerned, it's clear evidence of withdrawal from gox, by somebody Roll Eyes

http://www.reddit.com/r/BitcoinMarkets/comments/1yey4m/deleted_from_bitcoin_subreddit_for_the_past_hour/

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: Bitchardo on February 20, 2014, 12:37:30 AM

Panic selling before the next update about still working on it. I think Gox goes into the 100s this week. I still think its solvent.

Bitchardo

newbie

Activity: 15

Merit: 0

https://i.imgur.com/OmHp1g9.png

giletto

sr. member

Activity: 812

Merit: 250

Quote from: Arcas on February 19, 2014, 11:00:28 PM

I had a fortune cookie at lunch today.
It said "Smart people will take the advice of others, but only the wise will profit from it."
WHAT DOES IT MEAN??

You should Listen, but chose wisely by yourself. Wink

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: derpinheimer on February 20, 2014, 12:05:03 AM

US exchanges following China following Gox

Could get ~~ugly~~ beautiful.

Cheap coins.

ChrisML

sr. member

Activity: 308

Merit: 250

It's speculation in here.

Not, HE SAID THIS, AND SHE SAID THAT.

Jesus fuck. This thread is barely readable with the ENORMOUS QUOTATIONS on here.

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: Yololintian on February 20, 2014, 12:02:07 AM

Quote from: Vycid on February 19, 2014, 11:51:45 PM

Quote from: JayJuanGee on February 19, 2014, 11:48:14 PM

Quote from: windjc on February 19, 2014, 11:35:24 PM

Quote from: Yololintian on February 19, 2014, 11:04:08 PM

Quote from: windjc on February 19, 2014, 10:07:49 PM

Quote from: ?? on ??

Quote from: JorgeStolfi on February 19, 2014, 09:53:47 PM

Quote from: windjc on February 19, 2014, 09:50:43 PM

Thank goodness he and his irrelevant and annoyingly long posts are gone.

I did not say that. Wink

Well, that's good to hear.

However, Windy, I truly believe kindness, trust and patience are the only way to change someone's behaviour, even their attitudes or beliefs.

But all you seem to do here is spread hate and ill-feeling -- it's very sad that a (supposedly) 40 year old (supposed) millionaire feels compelled to act like that towards strangers whose only 'sin' is to disagree with you.

Look there are intelligent posters, there are trolls and then there is Jorge, who is obsessive compulsive about when Chinese people sleep and just pontificates on this point for thousands of words a day. He hasn't added Ny value to the forum. He just uses this forum for his own amusement and is yet another clog in the forum wheel that is slowly driving people away. Just go read Ristos thread. So many feel the way I do. The joy here is gone.

Jorge,
Please ignore the trolls/idiots and keep posting your opinions/predictions about bitcoin. I for one appreciate the different perspective you have as compared to most people on this forum. Ignore the trolls and keep giving us insight we would not otherwise be exposed to. Anyone that thinks bitcoin has serious flaws will be derailed on a forum like this, but the keenest people will consider the criticism and accordingly be a little bit more cautious.

Yes, I am troll because I actually believe in the viability of the bitcoin technology. And because I don't consider Jorgi's continual price estimations any sort of real TA. They just seem to state the obvious. Here's the current price and we will probably stay within $20 north or south of that. And here are more stats about when Chinese people sleep.

I came to this forum for real substance and real charts and real TA and real speculation. We used to have a lot of that around here. So that makes me a troll now. Since I don't think bitcoin has "serious flaws" and even though I recognize that there are no guarantees on its adoption and growth I am still a troll. By today's forum standards.

Your comment is ridiculous. If you feel that there is NOT very much valuable information here, then why DONT you help in that direction of providing valuable information and encouraging others to provide valuable information... rather than doing the opposite?

Observing that something is of no value does not compel you to create something of value yourself.

Speaking of ridiculous comments... If I said "diamonds are enormously overvalued because of a global cartel" would you say "go mine some gold then, you piece of shit"?

Quote from: JayJuanGee on February 19, 2014, 11:48:14 PM

... surely they are going to stall one more week, no?

Probably. That's totally different from insolvency, though.

I wish I was a fly on the wall in that office right now.

I will just disagree with anyone's opinion that Jorge's analysis and opinions are of no value. Really Windjc just attacks him instead of revealing why that analysis doesn't have any value and that is pretty much a type of trolling in my opinion. I like making short term predictions and at least pay attention to anyone trying to make predictions in here because I might learn of new methods for making solid predictions in for the future, which is always valuable when trading.

Sometimes I am lazy and assume that what is obvious to me is obvious to everyone else. How has Jorgi's "TA" helped you with your trading? What has he helped you predict that has made you money trading? Because I personally see no way to incorporate his "findings" into anything useful. And I see no evidence that it has any predictive value. So help me out here. What did I miss?

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29501. (Read 26608199 times)