1k wall on stamp
Aaaaand... it's gone
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29915. (Read 26708363 times)
February 07, 2014, 06:36:29 AM
February 07, 2014, 06:34:15 AM
1k wall on stamp
moved up from 710 just as it was getting nibbled.
edit: gone.
February 07, 2014, 06:31:57 AM
1k wall on stamp
February 07, 2014, 06:31:26 AM
NOOoooOoo is this rollercoaster round already finished?? I want another ride!!! finally some action.. that was awsome!! crossing fingers for more!! 
edit: pls dont stabilize.. plz dont stabilize..
edit: pls dont stabilize.. plz dont stabilize..
February 07, 2014, 06:28:01 AM
February 07, 2014, 06:27:54 AM
Yes we need to find reasons why its dropping. Fud blah blah. Anything other than this is the E wave.
: )
February 07, 2014, 06:27:02 AM
Wow back @700... I would not wonder if we will be back at $800 tomorrow... If it is really so easy to manipulate the BTC price by whales, then BTC is not an alternative for FIAT.
If 'rather unsurprisingly wild price swings during an unprecedented, world wide, mostly unregulated capitalization event' automatically look to you like 'manipulation', I'd recommend leaving this market, or at least putting your coins into cold storage and not looking at the charts.
February 07, 2014, 06:20:38 AM
Wow back @700... I would not wonder if we will be back at $800 tomorrow... If it is really so easy to manipulate the BTC price by whales, then BTC is not an alternative for FIAT.
February 07, 2014, 06:19:54 AM
HODLING
February 07, 2014, 06:18:27 AM
so what do all the people do with the GOX $ now?
I'm guessing withdrawals to Yen are still working.
Not really. Withdrawals problems have spread to all currencies: EUR, JPY, etc.
One importante question arises: WHERE THE FUCK IS KARPELES?
On his yacht in the Med.
Nope, spotted recently in Tokyo at the office:
http://www.reddit.com/r/Bitcoin/comments/1x9gue/my_protest_at_mtgox_offices_5_to_7th_february
February 07, 2014, 06:16:17 AM
For the record: I'm buying.
Thank you Gox.
Thank you Gox.
February 07, 2014, 06:15:38 AM
Read This!!!
http://www.reddit.com/r/Bitcoin/comments/1x9gue/my_protest_at_mtgox_offices_5_to_7th_february
It may answer a few questions, or stoke more speculation... either way, interesting
http://www.reddit.com/r/Bitcoin/comments/1x9gue/my_protest_at_mtgox_offices_5_to_7th_february
It may answer a few questions, or stoke more speculation... either way, interesting
February 07, 2014, 06:14:37 AM
February 07, 2014, 06:12:02 AM
Where is Willy, please come back, I need you~~~~
February 07, 2014, 06:10:46 AM
Having followed this situation unfold over the last ten hours or so it seems that while there has been a conflagration of 'bad news' - none of it singularly or in combination would be enough to 'crash' the market like this. There are too many contradictory elements:
for example, the Gox situation can be viewed as a catalyst but their volume has been low and the main selling has been on Stamp.
The Russian news is in effect nothing more than similar proclamations by central banks from other countries recently eg India, Iceland etc. BTCe is based as a registered business in Cyprus, so either way, it shouldn't impact the exchange.
Apples move isn't anything new...they've been banning BTC apps for years for various reasons.
So, I wonder if these circumstances have been used to time some significant market manipulation. At times like this I wonder where Loaded is.
for example, the Gox situation can be viewed as a catalyst but their volume has been low and the main selling has been on Stamp.
The Russian news is in effect nothing more than similar proclamations by central banks from other countries recently eg India, Iceland etc. BTCe is based as a registered business in Cyprus, so either way, it shouldn't impact the exchange.
Apples move isn't anything new...they've been banning BTC apps for years for various reasons.
So, I wonder if these circumstances have been used to time some significant market manipulation. At times like this I wonder where Loaded is.
February 07, 2014, 06:06:13 AM
Gox is below bitstamp? How is that possible?
Are fiat withdrawals working again?
Are fiat withdrawals working again?
It's actually not that difficult to see why.
Put yourself in the shoes of one of the poor sods who didn't heed the warnings (and warnings. and warnings. and warnings...) to get out of that shithole mtgox.
Until recently it was accepted that they have a fiat problem, ergo: a USD/BTC premium, in the range of 10 to 15%, because the goxtards felt holding btc is more secure.
Now it turns out gox is one step away from going belly up, as they have problems with the coin withdrawal as well...
What to do? Buy coins (that you can't withdraw), or sell coins (to get fiat you can't withdraw either).
The result is really pretty simple: panic.
And panic, in any market, leads to a crashing price of the asset, plain and simple.
Basically yes. But how do you explain the lower volume than bitstamp?
It's in line with the overall declined volume on mtgox. Also, it is the highest volume since the December 18 flash crash, across *all* exchanges, including gox.
But what do you expect? Many people left gox already, those that are left are scratching their heads. The panic behavior you can see on gox, even at comparably low volume, translates into selling pressure on the other exchanges, at a higher volume.
Not all is lost, though. As I've said in my 'channel' thread, I see the fight for 680 (stamp price) isn't over yet, so I see a good change we'll settle here for now, or go up from here (not 'to da moon' up... just a bit :D)
February 07, 2014, 06:04:29 AM
so what do all the people do with the GOX $ now?
I'm guessing withdrawals to Yen are still working.
Not really. Withdrawals problems have spread to all currencies: EUR, JPY, etc.
One importante question arises: WHERE THE FUCK IS KARPELES?
On his yacht in the Med.
February 07, 2014, 06:03:57 AM
MT GOX just played......
February 07, 2014, 06:02:23 AM
Cryptsy down - does that mean they added 'MaxCoin' and were overwhelmed..? 
February 07, 2014, 06:01:53 AM
so what do all the people do with the GOX $ now?
Goooooooooooooxxxxxxxxxed!
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