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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30476. (Read 26711856 times)

newbie
Activity: 58
Merit: 0
I am about to buy 7 bitcoin. It just seems like a lull before another price hike. Is anyone else waiting for a price drop?

Waiting for 1 digit coins

http://suptg.thisisnotatrueending.com/archive/25677603/images/1372341070455.jpg
full member
Activity: 280
Merit: 100
I'm waiting for someone to buy 7 btc before I dump.


Well that sort of narrows it down  Wink
sr. member
Activity: 406
Merit: 250
I'm waiting for someone to buy 7 btc before I dump.
full member
Activity: 280
Merit: 100
I am about to buy 7 bitcoin. It just seems like a lull before another price hike. Is anyone else waiting for a price drop?
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
Glad to see the ButtHead, I mean, CoinBull followed through on his bet.

Not. Shocking.

Yeah, he seems to have disappeared hey.

He has his own TA thread, he doesn't like gifs Cheesy or choo choo I think.
He doesn't like Ch00Ch00???
hero member
Activity: 574
Merit: 500
Glad to see the ButtHead, I mean, CoinBull followed through on his bet.

Not. Shocking.

Yeah, he seems to have disappeared hey.

He has his own TA thread, he doesn't like gifs Cheesy or choo choo I think.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 798
Merit: 1000
Glad to see the ButtHead, I mean, CoinBull followed through on his bet.

Not. Shocking.

Yeah, he seems to have disappeared hey.
sr. member
Activity: 280
Merit: 250
What about  repietila? Is he bull or bear now? Need to know to do the opposite he says Smiley

LOL no kidding!
newbie
Activity: 14
Merit: 0
Hi guys, just came back from holidays, how is 2014 treating you? Is this rally "legit" or a bull trap, what's the consensus in here?

What about  repietila? Is he bull or bear now? Need to know to do the opposite he says Smiley

It's a very long bull trap. Very long indeed!!!  Cheesy

Another Bitcoin bull trap...

...someday those silly bulls will learn. Wink

thoughts on what might come over the next few days?
hero member
Activity: 574
Merit: 500
It's still hard to believe that some vulnerability like this surfaced just now with mtgox's tiny volume and not back in the old days when it was the market leader and thousands of people were trading there, with the ticker constantly on fire and shooting rainbows and fireballs everywhere.

Good point.
You're right, during the march bubble the traffic was alot higher and they should be able to handle it by now...
On the other hand it's gox and they never handled anything like they should.

I don't know, it was just a theory and it makes more sense (to me) than a hack or mark switching off the exchange because someone dumped a few hundred coins. Wink


The api overloaded by an order book change by a bigger player explanation works for me, it fits well with the info at hand. But doesn't quite explain why only one person.. or 5 people were able to get 5 buys completed while the rest of the world watched and the website was down. Can it be chalked up to lag? alone I find it odd the 5 orders were all buys.
member
Activity: 112
Merit: 10
It's still hard to believe that some vulnerability like this surfaced just now with mtgox's tiny volume and not back in the old days when it was the market leader and thousands of people were trading there, with the ticker constantly on fire and shooting rainbows and fireballs everywhere.

Good point.
You're right, during the march bubble the traffic was alot higher and they should be able to handle it by now...
On the other hand it's gox and they never handled anything like they should.

I don't know, it was just a theory and it makes more sense (to me) than a hack or mark switching off the exchange because someone dumped a few hundred coins. Wink

/€dit: According to bitcoinwisdom the dump was 8000 BTC (screen shot).
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1162
Merit: 1007
Hi guys, just came back from holidays, how is 2014 treating you? Is this rally "legit" or a bull trap, what's the consensus in here?

What about  repietila? Is he bull or bear now? Need to know to do the opposite he says Smiley

Hi Rampion, welcome back!  I was worried we had lost you (along with your insightful commentary).  Happy New Year!
hero member
Activity: 826
Merit: 508
BTW I am really curious about Mtgox, I see allot of people selling there, and most of the time huge sells appears and I still wonder how do they get their money off the exchange? I mean why does anyone still sell there ? or maybe there is a premium club of members that still can get money in/out fast than others ?

gox has a lower volume than Stamp yet a deeper book order comparing to Bitstamp, in my experience Bitstamp is the only exchange where I can get money in/out in a matter of a couple of days, if I send early enough during the day and having a bit of luck my deposits/withdrawals were credited the same day sometimes...

That's a damn good question. haha

There is a tier 3 of verification which allows a withdrawal up to $1 million Ithink. And since they're valuable customers I'm sure they have more priority then the $75 withdrawal.

I know about people who are stuck with $100K withdrawal for months now, so I doubt it, although the person I know was never a trader, so for sure he is not a member of any premium club, he was just a miner who mined early enough and held to the coins, I don't know waht others think, but the only case when I sold bitcoins was when I needed the cash for something and after march 2013 it was no option for me to sell at gox, even though I always used bitstamp because I live in Slovenia and things go faster... but just think about it, when you sell at today's price and than wait 4-5 months just to maybe and I insist on "maybe" get that money when Bitcoin will be worth allot more by then....I mean who does that really ? and why?


I am not jumping on accusations, But I want to ask people here if they still trade at gox? how many of you here really use gox ? and why ? mtgox data might be made up the same as huboi or okcoin... who knows... it doesn't make any sense...

I still trade there. I'm hoping to withdraw from Gox in small amounts eventually. I don't care if it takes 1-2 months as long as I get them. Then redeposting in another exchange. I don't want to take the 20-30% loss switching to other exchanges by withdrawing in BTC.

Edit: My God the Mtgox fee really sucks compared to Bitstamp.
There have been opportunities where the spread has closed considerably. < 5% at some points recently I think. If the exchanges recouple to a decent extent, take the haircut, IMO. Just don't do it at a time like this.
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
Hi guys, just came back from holidays, how is 2014 treating you? Is this rally "legit" or a bull trap, what's the consensus in here?

What about  repietila? Is he bull or bear now? Need to know to do the opposite he says Smiley

It's a very long bull trap. Very long indeed!!!  Cheesy
hero member
Activity: 700
Merit: 500
BTW I am really curious about Mtgox, I see allot of people selling there, and most of the time huge sells appears and I still wonder how do they get their money off the exchange? I mean why does anyone still sell there ? or maybe there is a premium club of members that still can get money in/out fast than others ?

gox has a lower volume than Stamp yet a deeper book order comparing to Bitstamp, in my experience Bitstamp is the only exchange where I can get money in/out in a matter of a couple of days, if I send early enough during the day and having a bit of luck my deposits/withdrawals were credited the same day sometimes...

That's a damn good question. haha

There is a tier 3 of verification which allows a withdrawal up to $1 million Ithink. And since they're valuable customers I'm sure they have more priority then the $75 withdrawal.

I know about people who are stuck with $100K withdrawal for months now, so I doubt it, although the person I know was never a trader, so for sure he is not a member of any premium club, he was just a miner who mined early enough and held to the coins, I don't know waht others think, but the only case when I sold bitcoins was when I needed the cash for something and after march 2013 it was no option for me to sell at gox, even though I always used bitstamp because I live in Slovenia and things go faster... but just think about it, when you sell at today's price and than wait 4-5 months just to maybe and I insist on "maybe" get that money when Bitcoin will be worth allot more by then....I mean who does that really ? and why?


I am not jumping on accusations, But I want to ask people here if they still trade at gox? how many of you here really use gox ? and why ? mtgox data might be made up the same as huboi or okcoin... who knows... it doesn't make any sense...

I still trade there. I'm hoping to withdraw from Gox in small amounts eventually. I don't care if it takes 1-2 months as long as I get them. Then redeposting in another exchange. I don't want to take the 20-30% loss switching to other exchanges by withdrawing in BTC.

Edit: My God the Mtgox fee really sucks compared to Bitstamp.

ummm, it's 2 to 3 months and losing 30% buy transferring your coins to another exchange or losing 30% buy having your money stuck in depreciating fiat instead of BTC is the same loss. That's assuming you EVER get the funds, something I'm starting to doubt. 30% is actually a low side loss when you consider that on average bitcoin appreciate >1000%/year.

When I was just starting BTC, I was all or nothing. But now I rarely go 100% into BTC. Admittedly I made a few mistakes by not. But this way I can sleep at night. Also I know this is psychological, but I still like being on the exchange with the highest USD so when we do hit the Mtgox ATH I can see it and be part of it! Rather then "Congrats to those guys on Mtgox, they hit the ATH."

Yeah, like mental illnesses are psychological. Bragging rights more important than actually getting your money? Hell, I've hit the ATH on Trade Hill, Bitoption, Bitmarket.eu and...what? they don't exist anymore? WooHOO! I had the most BTC there when they disappeared! Yeah for me!!!!!!! I win, right?

Yes and Mtgox has been around the longest and hasn't disappeared. But I'm waiting until the price is around 10-20% difference before switching.
legendary
Activity: 1148
Merit: 1018
Hi guys, just came back from holidays, how is 2014 treating you? Is this rally "legit" or a bull trap, what's the consensus in here?

What about  repietila? Is he bull or bear now? Need to know to do the opposite he says Smiley
legendary
Activity: 1106
Merit: 1007
Hide your women
BTW I am really curious about Mtgox, I see allot of people selling there, and most of the time huge sells appears and I still wonder how do they get their money off the exchange? I mean why does anyone still sell there ? or maybe there is a premium club of members that still can get money in/out fast than others ?

gox has a lower volume than Stamp yet a deeper book order comparing to Bitstamp, in my experience Bitstamp is the only exchange where I can get money in/out in a matter of a couple of days, if I send early enough during the day and having a bit of luck my deposits/withdrawals were credited the same day sometimes...

That's a damn good question. haha

There is a tier 3 of verification which allows a withdrawal up to $1 million Ithink. And since they're valuable customers I'm sure they have more priority then the $75 withdrawal.

I know about people who are stuck with $100K withdrawal for months now, so I doubt it, although the person I know was never a trader, so for sure he is not a member of any premium club, he was just a miner who mined early enough and held to the coins, I don't know waht others think, but the only case when I sold bitcoins was when I needed the cash for something and after march 2013 it was no option for me to sell at gox, even though I always used bitstamp because I live in Slovenia and things go faster... but just think about it, when you sell at today's price and than wait 4-5 months just to maybe and I insist on "maybe" get that money when Bitcoin will be worth allot more by then....I mean who does that really ? and why?


I am not jumping on accusations, But I want to ask people here if they still trade at gox? how many of you here really use gox ? and why ? mtgox data might be made up the same as huboi or okcoin... who knows... it doesn't make any sense...

I still trade there. I'm hoping to withdraw from Gox in small amounts eventually. I don't care if it takes 1-2 months as long as I get them. Then redeposting in another exchange. I don't want to take the 20-30% loss switching to other exchanges by withdrawing in BTC.

Edit: My God the Mtgox fee really sucks compared to Bitstamp.

ummm, it's 2 to 3 months and losing 30% buy transferring your coins to another exchange or losing 30% buy having your money stuck in depreciating fiat instead of BTC is the same loss. That's assuming you EVER get the funds, something I'm starting to doubt. 30% is actually a low side loss when you consider that on average bitcoin appreciate >1000%/year.

When I was just starting BTC, I was all or nothing. But now I rarely go 100% into BTC. Admittedly I made a few mistakes by not. But this way I can sleep at night. Also I know this is psychological, but I still like being on the exchange with the highest USD so when we do hit the Mtgox ATH I can see it and be part of it! Rather then "Congrats to those guys on Mtgox, they hit the ATH."

Yeah, like mental illnesses are psychological. Bragging rights more important than actually getting your money? Hell, I've hit the ATH on Trade Hill, Bitoption, Bitmarket.eu and...what? they don't exist anymore? WooHOO! I had the most BTC there when they disappeared! Yeah for me!!!!!!! I win, right?
hero member
Activity: 924
Merit: 1000
Glad to see the ButtHead, I mean, CoinBull followed through on his bet.

Not. Shocking.

Well he is on the naughty list.
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