it was the same yesterday, on some point the bot will STOP and price go up to 500 again.
all sheeps who sell now are rly iditos.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29671. (Read 26709152 times)
February 15, 2014, 06:45:02 AM
February 15, 2014, 06:42:03 AM
oh ok so this 200k btc of dumping is just "a bot". its "willy"... no. we are talking an order of magnitude of difference from willy, and that guy who made a 10k buy (rpietelia claims that was.him)
Do you not remember the 100s of k BTC regular buying sprees that seems to have kept Gox at least $100 higher than other exchanges? Willy. It looks like every single person on this forum and his dog noticed Willy the bull bot. What is happening now looks exactly the same but in reverse!
Nice bot, buy high, sell low ...
February 15, 2014, 06:41:51 AM
Howeve, if the "oldest and most prestigious" exchange fails, it will probably be all over the mainstream news media, and will scare more potential investors away from bitcoin. Since I believe that bitcoin is a terrible investment, I think that will be a good thing; but it will depress the price even further over the next few weeks.
So cheerful I love it.
February 15, 2014, 06:41:13 AM
will gox go below former ath ? will she sink so low ?
February 15, 2014, 06:41:04 AM
February 15, 2014, 06:40:23 AM
It's like someone is trying to take out Gox, 300btc at a time
Someone obviously has a good reason for those dumps. But the sheep following him. My god, what an idiots.
February 15, 2014, 06:39:25 AM
oh ok so this 200k btc of dumping is just "a bot". its "willy"... no. we are talking an order of magnitude of difference from willy, and that guy who made a 10k buy (rpietelia claims that was.him)
Do you not remember the 100s of k BTC regular buying sprees that seems to have kept Gox at least $100 higher than other exchanges? Willy. It looks like every single person on this forum and his dog noticed Willy the bull bot. What is happening now looks exactly the same but in reverse!
February 15, 2014, 06:38:20 AM
Why are people still mass selling on Gox, really makes no sense at all
Just as dumb as people selling on Stamp because of Gox.
It's like when there is a crash on one side of the road and on the other site some idiots crash as well because they were watching the first crash.
February 15, 2014, 06:37:36 AM
It's like someone is trying to take out Gox, 300btc at a time
February 15, 2014, 06:36:50 AM
I'm really confused. Who the hell has that many coins on gox wallets 
?? All I see 150-350 coins sells. It is insane !
?? All I see 150-350 coins sells. It is insane !Somebody with a ton of coins believes that Gox is going dark never to be seen again...
February 15, 2014, 06:36:45 AM
The sooner the Gox disappears up its own ass, the better for everyone.
February 15, 2014, 06:36:32 AM
They have something else entirely NOW. I need to nail down what burden of proof exactly we're talking about because I don't want to waste my time if you are not even really open to the possibility that your belief is incorrect.
Don't waste your time. I will believe when the facts show that I was wrong.
The issue is whether or not the network effects are strong enough to prevent that scenario.
The survival of altcoins kind of answers that, doesn't it?
In fact we seem to be moving already away from a "bitcoin network" to a generic "cyptocoin network", whose members will devote their mining efforts to whatever cryptocoin their equipment can handle that provides the best return at that time. In that case the "network effect" will no longer be a bitcoin advantage.
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As I see it, right now the bitcoin price is sustained mainly by speculation
I don't entirely disagree, but why is this a problem?
If there is no external factor to sustain the price, speculation alone may take the price anywhere -- and will eventually take it to zero.
Common stock prices can be justified in terms of expected sales and profits, hence expected dividends and/or growth of assets. But there is no logical argument that justifies why the BTC price now should be 600$ instead of 6$ or 60,000$.
It is 600$ basically because speculators think that it may go up to 650$ sometime next week. But why would it do that? Well, because next week perhaps the speculators may think that it may go up to 700$ in the following week. Or perhaps they won't. And so on. The price now is basically holding itself up by its bootstraps...
February 15, 2014, 06:36:32 AM
oh ok so this 200k btc of dumping is just "a bot". its "willy"... no. we are talking an order of magnitude of difference from willy, and that guy who made a 10k buy (rpietelia claims that was.him)
February 15, 2014, 06:33:40 AM
I'm really confused. Who the hell has that many coins on gox wallets ?? All I see 150-350 coins sells. It is insane !
?? All I see 150-350 coins sells. It is insane ! 
February 15, 2014, 06:32:33 AM
bull bot Willy, put in reverse.
Bear Aunt Milly, that is ?
February 15, 2014, 06:31:09 AM
Ok I bought at 646. Time to go up. Lets see if I get plastered on this one 
Well that didn't go so well. Wasn't watching the market the last hour or so then looked at the screen, got a surprise and got straight back off again at 646.
Lol. Thank god it's BFX so the fees are tiny.
You are in the wrong mindset. In a year's time it won't matter if you got on at 646, 570, 720, or even 850. It'll all look almost the same. Get on whenever you have fiat.
Take it from my experience, if you try to get on and off looking for the lowest price, you'll either be left behind when the next upward correction starts, or will slowly bleed away on fees.
February 15, 2014, 06:30:27 AM
and be poorly informed.
Less informed than us? It should be hard.
February 15, 2014, 06:29:05 AM
when bitstamp and btce disabled withdrawals, it wasnt an all out apocalypse like gox. i think someone knows something at gox that we don't
No, just whale flopping around in the dark. Just like the bot that drove up the price to a 25% disparity last week trying to get out the Coin exit... now same bot is making a run for the fiat exit at whatever cost. Must have a lot of coins, be risk averse, and be poorly informed.
February 15, 2014, 06:28:06 AM
This makes NO sense. Something here is fishy. I have been mystified for days. To me it gox should be bullish. You can get money in, you can buy crazy cheap coins, you will be able to get them out again soon. (they're not fucking insolvent, Mark would be found and murdered straight away.)
Meanwhile, stamp is double the price?? At first I thought the "malleability issue" was a joke and entirely the fault of gox's poor heigene, then the other exchanges followed suit, and silk road 2. So if this is a legit issue with btc itself, and we are capable of understanding that that doesn't really matter as the protocol can and will be changed whenever it is required by enough of us, the only reason for the doom and gloom is....people just don't like gox, but the reason for that should be because of the FIAT withdrawal problem which they have had for months and months, yet it DOESN'T SEEM TO BE.
Meanwhile, stamp is double the price?? At first I thought the "malleability issue" was a joke and entirely the fault of gox's poor heigene, then the other exchanges followed suit, and silk road 2. So if this is a legit issue with btc itself, and we are capable of understanding that that doesn't really matter as the protocol can and will be changed whenever it is required by enough of us, the only reason for the doom and gloom is....people just don't like gox, but the reason for that should be because of the FIAT withdrawal problem which they have had for months and months, yet it DOESN'T SEEM TO BE.
February 15, 2014, 06:26:25 AM
strongstamp saves it us again.
The difference between the two will prevent the market from developing. It is not sustainable at all. Pure madness. Until the difference is closed how can we go up?
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