Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29724.

seleme

legendary

Activity: 2772

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Duelbits.com

Quote from: billyjoeallen on February 14, 2014, 12:27:13 AM

Quote from: MoreFun on February 14, 2014, 12:16:40 AM

Quote from: billyjoeallen on February 14, 2014, 12:13:59 AM

The Gox announcement was bad, but the transaction malleability DDOS was much worse and left a smaller dent. Without another disaster, the worst is behind us. If we follow the pattern of earlier rallies, and corrections, we slowly build upward momentum from here, but nothing parabolic for a while.

I don't believe, volume was very low below $600.

No, it wasn't, but it sure as hell was this time and it's still going up. who's gonna panic sell now that hasn't sold already? Who's gonna dump now except for profit takers? The only thing that would bring us back down is more bad news and it would have to be more than FUD.

Never underestimate Bitcoin traders, they'll buy or sell when you think there's no chance in hell one would do it.

HairyMaclairy

legendary

Activity: 1442

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Degenerate bull hatter & Bitcoin monotheist

This is not over. The underlying issues have not been resolved.

billyjoeallen

legendary

Activity: 1106

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Hide your women

Quote from: MoreFun on February 14, 2014, 12:16:40 AM

Quote from: billyjoeallen on February 14, 2014, 12:13:59 AM

The Gox announcement was bad, but the transaction malleability DDOS was much worse and left a smaller dent. Without another disaster, the worst is behind us. If we follow the pattern of earlier rallies, and corrections, we slowly build upward momentum from here, but nothing parabolic for a while.

I don't believe, volume was very low below $600.

No, it wasn't, but it sure as hell was this time and it's still going up. who's gonna panic sell now that hasn't sold already? Who's gonna dump now except for profit takers? The only thing that would bring us back down is more bad news and it would have to be more than FUD.

Davyd05

hero member

Activity: 574

Merit: 500

http://www.reddit.com/r/Bitcoin/comments/1xvhi3/mtgox_proceeding_to_patch/

if they come up online first the lulz will ensue

threecats

sr. member

Activity: 378

Merit: 250

Interesting post here on 3 day ema

http://www.reddit.com/r/BitcoinMarkets/comments/1xuz9h/daily_discussion_friday_february_14_2014_early/cfevo8z

any opinions?

MoreFun

legendary

Activity: 1008

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WePower.red

Less than 1.5k BTC bids down to $550. Anything can happen.

seleme

legendary

Activity: 2772

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Duelbits.com

Lol, I'll never understand Bitcoin traders... price around 800-900 for weeks, yet he sells 6-7k when it drops to 400$ Grin

NWOreptilian

newbie

Activity: 20

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Rally to 800! Cheesy

JorgeStolfi

hero member

Activity: 910

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Excellent, Huobi, 3750 Yuan. Now stop RIGHT THERE and go to bed.

F-bernanke

sr. member

Activity: 308

Merit: 250

Just woke up, WTF happened in that trap-cage called GOX?! Please somebody shut that hole down, this drags the whole btc reputation down....

MoreFun

legendary

Activity: 1008

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WePower.red

Quote from: billyjoeallen on February 14, 2014, 12:13:59 AM

The Gox announcement was bad, but the transaction malleability DDOS was much worse and left a smaller dent. Without another disaster, the worst is behind us. If we follow the pattern of earlier rallies, and corrections, we slowly build upward momentum from here, but nothing parabolic for a while.

I don't believe, volume was very low below $600.

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

The Gox announcement was bad, but the transaction malleability DDOS was much worse and left a smaller dent. Without another disaster, the worst is behind us. If we follow the pattern of earlier rallies, and corrections, we slowly build upward momentum from here, but nothing parabolic for a while.

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

Quote from: magicmexican on February 13, 2014, 11:53:20 PM

Quote from: RicePicker on February 13, 2014, 11:49:02 PM

Bitstamp bull trap.

So everything that is up is a bulltrap, right? The only legit market non-trap move is the crash to 0 it seems

A trap is something you don't expect. I'm pretty sure every bull left is prepared for anything.

FTWbitcoinFTW

sr. member

Activity: 476

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A bull trap after an other

David M

sr. member

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Quote from: RicePicker on February 13, 2014, 11:49:02 PM

Bitstamp bull trap.

That's a tough call to make. How serious is this bear market?

Is it buyer exhaustion? (i.e After an orgasm it takes a while to get going again)
Or is it buyer fear?

When I look at the historical trade volume (which I only do during direction transitions), the biggest trading weeks were October 2013 through November 2013.
That's a price range of $200 to 900$.

IMO, fear will not hit until $275 for new hodlers. The class of 2012 and earlier will feel no fear until $150.

Richy_T

legendary

Activity: 2674

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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: Holliday on February 13, 2014, 09:44:04 PM

Quote from: windjc on February 13, 2014, 09:43:04 PM

drug

Oh em gee. Bitcoins are only good for drugs.

Man, I tried shooting up some Bitcoin but someone had cut it with some Doge. Boy, that was a bum trip.

billyjoeallen

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Quote from: nanobtc on February 13, 2014, 11:40:03 PM

Searing, didn't see anyone directly answer this. Coinbase is more of a broker. They buy (presumably) from Bitstamp on your behalf, plus fees. On very busy times they have run out of coins to sell to you. You can hook it into your bank, so whatever price you buy/sell is usually locked in then. It takes 4 business days, give or take for it to happen.

Gox/btc-e/Bitstamp are exchanges, where you transfer fiat to it in whatever way works for you and is set up for them. This takes varying amounts of time. You can usually transfer btc directly in much faster, but I'm not sure about Gox right now.

The exchanges let you keep money sitting on there. You can buy/sell back and forth within minutes/seconds. The btc can be sent out to an external address, or the fiat can be removed via whatever method the exchange allows (plus "bank time").

Coinbase also wants to be an online wallet for you, and also has some nice SMS/text methods that work on any phone, no app required.

That basically correct. Coinbase used to get most of it's coins from miners, but that is apparently no longer the case. Make of that what you will.

OldGeek

sr. member

Activity: 266

Merit: 250

Blitz:The price affects the perception of the news

Quote from: MAbtc on February 13, 2014, 11:34:59 PM

Ahhh, Wisdom is back. Had to play that very conservatively, felt like I was trading blind. Bitcoinity is awful.

+1

Was about to wear out the f5 key on my laptop.

MoreFun

legendary

Activity: 1008

Merit: 1003

WePower.red

Quote from: billyjoeallen on February 13, 2014, 11:52:32 PM

Quote from: HairyMaclairy on February 13, 2014, 11:36:42 PM

Quote from: billyjoeallen on February 13, 2014, 11:35:07 PM

Quote from: HairyMaclairy on February 13, 2014, 11:28:32 PM

Quote from: billyjoeallen on February 13, 2014, 10:59:10 PM

Quote from: Vigil on February 13, 2014, 10:55:42 PM

Bitstamp and BTC-e haven't moved, while gox hit $300. I can't buy until coinbase goes down

It's not gonna. That's why we need a real exchange in America. Fast drops and fast pops, Coinbase lags and you never get the best price.

You guys have coinsetter. Doesn't it have an API to BSP?

I need something with more volume. A big, professional exchange.

If it has an API to stamp and order execution on stamp that's all you need. Unless you are looking for NASDAQ?

I'll check it out, but I'm still concerned that Stamp is in Slovenia and New York has the regulation issue up in the air. Coinbase has $31 million behind it, and even though their prices and fees suck, but they seem more reliable for now.

Plenty of fear left, but the panic is over. I''m no TA expert, but without more bad news, it seems like the double bottom is in.

Bitstamp made or will make much more than $31M in fees and oves noone anything.

magicmexican

hero member

Activity: 812

Merit: 1000

Quote from: RicePicker on February 13, 2014, 11:49:02 PM

Bitstamp bull trap.

So everything that is up is a bulltrap, right? The only legit market non-trap move is the crash to 0 it seems

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