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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30831. (Read 26713010 times)

legendary
Activity: 2772
Merit: 1028
Duelbits.com
Bids of more than 40 mill on Gox.  Roll Eyes I have newer seen it that high before. I know one should be skeptical about these amounts, but anyway, seems bullish to me.

that's not any sign to be honest, if bids are low enough Wink. We had huge bids before last 2 crashes too.
legendary
Activity: 1512
Merit: 1005
I am buying with cash, gold, and some silver.

I am long term bullish, but sell when clients want to. Inducing panic only hurts my own holdings, which I have not sold a single BTC of.

Your life is pretty interesting. Very cool-- thank you for your decency. Bitcoin is good peeps. Cheers

Tip for our dear early adopters, if you get are annoyed by these "Loaded" guys, take a notice how he mentioned buying with gold and silver.
If you read between the lines they are close to exhausting their funds. I wouldn't hope for a bigger sucker at this point....

Tip for our dear early adopters, if you get are annoyed by this "ElectricMucus" guy, take a notice how he mentioned that he doesn't own bitcoins and doesn't trade bitcoins.
If you read between the lines he is just here to troll. He is hoping you are a big sucker.

He is one of the early rejectors.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1512
Merit: 1005
Why do you keep thinking of "cash" as profit?

I wonder how many people in the Bitcoin trade see BTCs as a tool to earn USDs, and how many see USDs as a means to grab more BTCs.


This is the great bitcoin divide. Know which side you are on!
newbie
Activity: 44
Merit: 0
i think we have reached the top for now.

only noobs will buy on a friday like this, weekend + holidays incoming, no fiat fueling the rocket.

we will see.

legendary
Activity: 1680
Merit: 1014
Morning from Europe.

Watching this wild bounce from the sidelines. I am still holding... fiat from that too hasty sell in the 510-570 zone after a 390 bottom (which seemed reasonable at that time).
This whole crash business is like an accelerated Jedi training course. Patience, young padawan... I am done with "it's going up for some time, buy, buy, buy... oh, no, it turned back down, sell, sell, sell".

It's the first bubble that I've experienced from the front-lines. I wasn't on the exchange in April, though I've been mining and holding since October 2012. Accidentally, I managed to sell 1 BTC at the top of the April peak through a third party, and then buy 2 BTC back after the crash through another third party, and that got me interested in trading potential. I've read a lot about the April going-ons and studied the charts, and thought I was prepared. I was not. Whatever wise warnings people give here, they go out of the window in the heat of the moment, until you yourself get burnt on the same mistakes that people did before you and warned you about.
legendary
Activity: 1512
Merit: 1005
loaded is a real whale. One who moves markets.


I'm just a troll whale. I just bull shit.

it's important that we all know our place

Long live the king.
donator
Activity: 2772
Merit: 1019
Bitfinex has $9m on loan, which is 12.5K BTC @ $700.
12.5K BTC takes us down to $550 on gox.


Is that total for shorts?

Thats the $ people have borrowed to buy BTC. At some point they will need to sell the BTC to pay back the $.

You can "Claim" the BTC once you have gained enough to pay off the loan. No BTC is sold in this case.

That's incorrect. When you exit a long postition on bitfinex, BTC are sold (directly on bfx or via bitstamp).
legendary
Activity: 1008
Merit: 1000
Dumb broad
good morning forum members, so it looks that we are going up Smiley
Well China has just dipped so it is interesting to see if there is a full-on detachment of pricing between there and the rest of the world.  Kinda interesting.

Kinda awesome is what it is.   It is where we have to get to before we can move on.   If one exchange can be taken out, and it has this much effect on BTC then we are in deep trouble.  

We have to learn to let individual exchanges do their thing when they go off the deep end . . .
I guess another way of looking at it is: three days ago the exchange with the biggest volume and potential market got royally screwed, BTC took a hit, the cassandras cam out and had a moan, but today all the other exchanges are back on track.

Rather than big trouble, I think we can say BTC is one resilient little bugger.

No question about that.   This is the third time I have been through the whole "bitcoin is dead" thing, so I am used to it.   The thing is, it has to get to the place where these things have only a minor effect on the price, as until it can stop giving up more than half of it's value in a few days, the broad majority will still scoff.   It will come, just growing pains.

No, I agree completely.  This is only my second 'crash'...I was invested before April as well.  But the general volatility does fuel broader scepticism - we (whoever we are :/ ) are in a tricky position because price stability will only come with broader engagement and of course that will bring with it a pile of baggage (such as the R word).

Its interesting too that when these events occur they tend to bring out the extremists on both sides...the BTC is dead hahha mob and the "you don't understand BTC is worth more than mere money can ever express" folk.  It's almost a reflection of the extremes of the BTC market itself.
hero member
Activity: 686
Merit: 500
Whoa, there are a lot of cats in this wall.
ok the question of the day: Blockchain.info has a big announcement next week they twitted this https://twitter.com/blockchain/status/413907446059384832

Quote
Blockchain.info 's got a major announcement for next week. Any guesses as to what it is? #bitcoin #blockchain


any guess from you people ?



Litecoin support. 
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
Bitfinex has $9m on loan, which is 12.5K BTC @ $700.
12.5K BTC takes us down to $550 on gox.


Now we know the reason for this mad rally from stamp. All will close their trade at some point. But look at stamp depth..a joke really.

---------------------------

BFX Volume 24Hrs
36649.36 BTC (18324.68 BTC [50.0%] of which traded on Bitstamp)

----------------------------

About 24 hours ago it was 7 million on loan

The Chinese are possibly moving to bitfinex.........

http://www.reddit.com/r/BitcoinMarkets/comments/1t9h2r/are_our_funds_safe_on_bitfinex_it_is_a_hong_kong/ce5uwb8
legendary
Activity: 2772
Merit: 1028
Duelbits.com
ok the question of the day: Blockchain.info has a big announcement next week they twitted this https://twitter.com/blockchain/status/413907446059384832

Quote
Blockchain.info 's got a major announcement for next week. Any guesses as to what it is? #bitcoin #blockchain


any guess from you people ?



Max Keiser bought them? That pre-announcement of an announcement is his style Cheesy
hero member
Activity: 750
Merit: 601
Bitfinex has $9m on loan, which is 12.5K BTC @ $700.
12.5K BTC takes us down to $550 on gox.


Is that total for shorts?

Thats the $ people have borrowed to buy BTC. At some point they will need to sell the BTC to pay back the $.

You can "Claim" the BTC once you have gained enough to pay off the loan. No BTC is sold in this case.


Thanks for the pointer...

What does it mean to "claim" my position?
When you have a long position on Bitfinex, it can happen that you made so much profit you have paid back all the borrowed margin of the position. In this case you can carry on the position for free. In this case, Bitfinex allows you take profit directly in the first unit of the position, avoiding you to sell all the position just to buy back later with the profit. if you "claim" your position, your balance will be credited of the position amount, the eventual profit in the last unit of the position and you will be charged of the swap.

hero member
Activity: 784
Merit: 1000
Bitfinex has $9m on loan, which is 12.5K BTC @ $700.
12.5K BTC takes us down to $550 on gox.


Now we know the reason for this mad rally from stamp. All will close their trade at some point. But look at stamp depth..a joke really.

---------------------------

BFX Volume 24Hrs
36649.36 BTC (18324.68 BTC [50.0%] of which traded on Bitstamp)

----------------------------

About 24 hours ago it was 7 million on loan
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
ok the question of the day: Blockchain.info has a big announcement next week they twitted this https://twitter.com/blockchain/status/413907446059384832

Quote
Blockchain.info 's got a major announcement for next week. Any guesses as to what it is? #bitcoin #blockchain


any guess from you people ?

legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
good morning forum members, so it looks that we are going up Smiley
Well China has just dipped so it is interesting to see if there is a full-on detachment of pricing between there and the rest of the world.  Kinda interesting.

Kinda awesome is what it is.   It is where we have to get to before we can move on.   If one exchange can be taken out, and it has this much effect on BTC then we are in deep trouble.  

We have to learn to let individual exchanges do their thing when they go off the deep end . . .

When exchanges go belly up, what is the preferred asset to be in? Fiat or Bitcoin?

I know my answer, but I'm sure that most people prefer the clunky one that is heavily regulated and hard to move around...

That's because it doesn't crash in value in such an event. Being subject to capital controls doesn't matter for most, is only a minor inconvenience for some but a loss in purchasing power is a deal breaker.
hero member
Activity: 784
Merit: 1000
Bitfinex has $9m on loan, which is 12.5K BTC @ $700.
12.5K BTC takes us down to $550 on gox.


Is that total for shorts?

Thats the $ people have borrowed to buy BTC. At some point they will need to sell the BTC to pay back the $.

You can "Claim" the BTC once you have gained enough to pay off the loan. No BTC is sold in this case.

legendary
Activity: 1008
Merit: 1000
Dumb broad


Rather than big trouble, I think we can say BTC is one resilient little bugger.

No man, it's one resilient BIG MOTHERFUCKER!!!!!


LOL..well, apart from the fact I'm female and old enough to be your mother....thanks for that, most eloquent. Smiley


sr. member
Activity: 260
Merit: 250
good morning forum members, so it looks that we are going up Smiley
Well China has just dipped so it is interesting to see if there is a full-on detachment of pricing between there and the rest of the world.  Kinda interesting.

Kinda awesome is what it is.   It is where we have to get to before we can move on.   If one exchange can be taken out, and it has this much effect on BTC then we are in deep trouble.  

We have to learn to let individual exchanges do their thing when they go off the deep end . . .
I guess another way of looking at it is: three days ago the exchange with the biggest volume and potential market got royally screwed, BTC took a hit, the cassandras cam out and had a moan, but today all the other exchanges are back on track.

Rather than big trouble, I think we can say BTC is one resilient little bugger.

No question about that.   This is the third time I have been through the whole "bitcoin is dead" thing, so I am used to it.   The thing is, it has to get to the place where these things have only a minor effect on the price, as until it can stop giving up more than half of it's value in a few days, the broad majority will still scoff.   It will come, just growing pains.
legendary
Activity: 1428
Merit: 1000
Bitfinex has $9m on loan, which is 12.5K BTC @ $700.
12.5K BTC takes us down to $550 on gox.


Now we know the reason for this mad rally from stamp. All will close their trade at some point. But look at stamp depth..a joke really.
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