Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31151. (Read 26608637 times)
December 11, 2013, 01:28:29 AM
The press is afraid of being accused of pumping up Bitcoin, so they publish humoristic articles instead
December 11, 2013, 01:25:50 AM
Disinformation
http://www.washingtonpost.com/blogs/the-switch/wp/2013/12/10/this-finance-expert-thinks-bitcoin-will-fall-99-percent-by-june/
http://www.washingtonpost.com/blogs/the-switch/wp/2013/12/10/this-finance-expert-thinks-bitcoin-will-fall-99-percent-by-june/
Thanks for that. The washington post needs a btc tip address. Well worth the reading for the laughs.
December 11, 2013, 01:25:26 AM
Disinformation
http://www.washingtonpost.com/blogs/the-switch/wp/2013/12/10/this-finance-expert-thinks-bitcoin-will-fall-99-percent-by-june/
http://www.washingtonpost.com/blogs/the-switch/wp/2013/12/10/this-finance-expert-thinks-bitcoin-will-fall-99-percent-by-june/
Quote
Timothy B. Lee: What informs your thinking about the future of Bitcoin?
Mark Williams: I used to be the senior vice president of a commodity trading firm in Boston. I'm very familiar with commodity prices with high volatility.
Mark Williams: I used to be the senior vice president of a commodity trading firm in Boston. I'm very familiar with commodity prices with high volatility.
That's where I stopped reading.
December 11, 2013, 01:22:14 AM
Gox seems to be the only exchange that keeps 1000$ - btc-e, bfx, bitstamp, etc all 50-80$ below...
Thoughts?
Thoughts?
It usually is like that.
December 11, 2013, 01:19:22 AM
Disinformation
http://www.washingtonpost.com/blogs/the-switch/wp/2013/12/10/this-finance-expert-thinks-bitcoin-will-fall-99-percent-by-june/
http://www.washingtonpost.com/blogs/the-switch/wp/2013/12/10/this-finance-expert-thinks-bitcoin-will-fall-99-percent-by-june/
Quote
Timothy B. Lee: What informs your thinking about the future of Bitcoin?
Mark Williams: I used to be the senior vice president of a commodity trading firm in Boston. I'm very familiar with commodity prices with high volatility.
Mark Williams: I used to be the senior vice president of a commodity trading firm in Boston. I'm very familiar with commodity prices with high volatility.
That's where I stopped reading.
December 11, 2013, 01:18:58 AM
Gox seems to be the only exchange that keeps 1000$ - btc-e, bfx, bitstamp, etc all 50-80$ below...
Thoughts?
Thoughts?
December 11, 2013, 01:15:36 AM
Disinformation
http://www.washingtonpost.com/blogs/the-switch/wp/2013/12/10/this-finance-expert-thinks-bitcoin-will-fall-99-percent-by-june/
http://www.washingtonpost.com/blogs/the-switch/wp/2013/12/10/this-finance-expert-thinks-bitcoin-will-fall-99-percent-by-june/
Anybody that would agree with this guy doesn't own Bitcoins, so they haven't got any to sell.
Hopefully the disinformation stops by the time anybody with a brokerage account can short.
So, he needs volatility but he criticizes it!!! How nice of him!
December 11, 2013, 01:11:26 AM
Disinformation
http://www.washingtonpost.com/blogs/the-switch/wp/2013/12/10/this-finance-expert-thinks-bitcoin-will-fall-99-percent-by-june/
http://www.washingtonpost.com/blogs/the-switch/wp/2013/12/10/this-finance-expert-thinks-bitcoin-will-fall-99-percent-by-june/
Anybody that would agree with this guy doesn't own Bitcoins, so they haven't got any to sell.
Hopefully the disinformation stops by the time anybody with a brokerage account can short.
December 11, 2013, 01:05:16 AM
StochRSI remained overbought and only came under overbought when we had the now 2 corrective dips. Are you familiar with how the RSI actually works?
My Bot shows it as neutral, almost on over sold.
December 11, 2013, 01:02:05 AM
December 11, 2013, 12:47:14 AM
bitstamp indicates we're over bought.
It will stay in $900s for a while
It will stay in $900s for a while
December 11, 2013, 12:34:37 AM
Sure, if somebody dumps $100,000 on the market it moves 1%.
That's actually 3% from lowest to highest. In a matter of minutes.
With 1000 BTC one could swing the price down ~980 USD or up to ~1050 USD (7%).
December 11, 2013, 12:33:27 AM
December 11, 2013, 12:23:52 AM
Right now, on Mt Gox, if someone decides to buy 100 BTC at the lowest possible price, the price will shoot up tp 1020 USD. If someone decides to sell 100 BTC at the highest possible price, the price will drop to 990 USD. That is why it is jumping about like crazy.
Sure, if somebody dumps $100,000 on the market it moves 1%.
This would have been astounding less than a year ago.
Yes, but the market is that much bigger, making it that much more likely.
December 11, 2013, 12:22:05 AM
Right now, on Mt Gox, if someone decides to buy 100 BTC at the lowest possible price, the price will shoot up tp 1020 USD. If someone decides to sell 100 BTC at the highest possible price, the price will drop to 990 USD. That is why it is jumping about like crazy.
Sure, if somebody dumps $100,000 on the market it moves 1%.
This would have been astounding less than a year ago.
December 11, 2013, 12:18:11 AM
Right now, on Mt Gox, if someone decides to buy 100 BTC at the lowest possible price, the price will shoot up tp 1020 USD. If someone decides to sell 100 BTC at the highest possible price, the price will drop to 990 USD. That is why it is jumping about like crazy.
December 11, 2013, 12:11:09 AM
Well it holding above 1000 so that gives bulls hope. Let's see if it goes under 1k or over the all time high that's the real question.
December 11, 2013, 12:04:59 AM
Uhh... that was a joke, nitwit. Made obvious by the tone. I was quoting someone else.
Here we go. Its crash-a-thon time.
So ... was that a joke too or ... ah never mind.
December 11, 2013, 12:02:09 AM
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