Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31451. (Read 26630642 times)
December 02, 2013, 10:08:55 AM
is the fee back now at gox, since its after midnight in Tokyo?
December 02, 2013, 10:02:28 AM
December 02, 2013, 09:15:52 AM
it seems that we are up from here.... or not ?
December 02, 2013, 09:14:35 AM
C'mon bitcoin. Do something funny. I know you can. Either crash to the 700s so I can buy more, or peak so I can smile again.
Gap between Stamp and Gox almost gone
Gap between Stamp and Gox almost gone
I know, right!? I think someone is doing a nice arb.
December 02, 2013, 09:10:06 AM
C'mon bitcoin. Do something funny. I know you can. Either crash to the 700s so I can buy more, or peak so I can smile again.
Gap between Stamp and Gox almost gone
Gap between Stamp and Gox almost gone
December 02, 2013, 09:04:27 AM
Waiting for the board to turn bearish again 
. And of course for bitcoin price to go up in the meantime.
. And of course for bitcoin price to go up in the meantime. December 02, 2013, 09:02:15 AM
December 02, 2013, 08:24:31 AM
Bitcoin price expected to go down till 480$ and then go up to an all time high
expected ? based on what ?His unbeatable tea leaves.
Keep in mind results may vary depending on the brand and amount of time spent in boiling.
December 02, 2013, 08:21:50 AM
Support dropping a bit but still high @China
@Stamp less then 80 coins 'till $930
@Stamp less then 80 coins 'till $930
December 02, 2013, 08:18:27 AM
Bitcoin price expected to go down till 480$ and then go up to an all time high
expected ? based on what ? December 02, 2013, 08:18:15 AM
Bitcoin price expected to go down till 480$ and then go up to an all time high
Expected by who?
December 02, 2013, 08:08:09 AM
Bitcoin price expected to go down till 480$ and then go up to an all time high
December 02, 2013, 08:02:31 AM
December 02, 2013, 07:41:36 AM
the dump has already started, I think we may visit 800 or less today
edit: the buy support is amazing but I do not know how long that will hold
edit: the buy support is amazing but I do not know how long that will hold
December 02, 2013, 07:36:29 AM
BUT
A real crash will have the following characteristic:
- price will have risen really high, really quickly over several weeks
- 100,000s of bitcoins are brought to the market by large manipulators that are sure of their ability to tip it over
- Some bitcoins will be sold to induce the forced closure of leveraged positions, resulting in a flashcrash
- Price will quickly bounce back to almost where it was
- The following day/night lots of bitcoins will be sold to destroy the market sentiment and start a panic
- Exchanges, information services, this forum, etc. will be ddosed, mass media publicity will be enormous and negative
- Price will plummet so that about 3 weeks' gains will be erased (about 75% from the high), although it will remain above the previous ATH (in this case $266) by a clear margin.
I won't go into details why it happens this way, but a big reason is that exchanges utterly lack liquidity and btc/usd-rate is therefore at a mercy of manipulators.
Rpietila is scaring me!
Yeah , he is scaring me too , but I bet we have different reasons for this.
December 02, 2013, 07:33:11 AM
BUT
A real crash will have the following characteristic:
- price will have risen really high, really quickly over several weeks
- 100,000s of bitcoins are brought to the market by large manipulators that are sure of their ability to tip it over
- Some bitcoins will be sold to induce the forced closure of leveraged positions, resulting in a flashcrash
- Price will quickly bounce back to almost where it was
- The following day/night lots of bitcoins will be sold to destroy the market sentiment and start a panic
- Exchanges, information services, this forum, etc. will be ddosed, mass media publicity will be enormous and negative
- Price will plummet so that about 3 weeks' gains will be erased (about 75% from the high), although it will remain above the previous ATH (in this case $266) by a clear margin.
I won't go into details why it happens this way, but a big reason is that exchanges utterly lack liquidity and btc/usd-rate is therefore at a mercy of manipulators.
Rpietila is scaring me!
December 02, 2013, 07:30:23 AM
We're still much much earlier than that. people vastly overestimate these things.
Why do people keep misinterpreting this graph as if it applied to the entirety of Bitcoin? It's just local for this bubble in particular. If you think it applies to Bitcoin as a whole then does that mean you think Bitcoin itself is a gigantic bubble?
December 02, 2013, 06:56:34 AM
The stupid thing is that you can't tumble that many coins without saturating the tumbler...you would have to somehow mix those coins into a mathematically significant volume of coins that they would be reasonably obscured....maybe 1m xbt(?) at 10:1.
Even then I think they would be traceable with some data visualization tools. The volume is just too big to move quickly.
Even then I think they would be traceable with some data visualization tools. The volume is just too big to move quickly.
December 02, 2013, 06:54:09 AM
I would say we are in the take-off phase - at the junction between "Smart Money" and "Institutional Investment".
We will see.
We will see.
We're still much much earlier than that. people vastly overestimate these things.
December 02, 2013, 06:29:43 AM
Sheep marketplace turned out to be a scam, operator is now desperately tumbling at least 96k BTC.
http://www.reddit.com/r/SheepMarketplace/comments/1rvlft/i_just_chased_him_through_a_bitcoin_tumbler_and/
http://www.reddit.com/r/SheepMarketplace/comments/1ru5ir/founda_wallet_containing_98million_worth_of_coins/
http://www.reddit.com/r/SheepMarketplace/comments/1rvlft/i_just_chased_him_through_a_bitcoin_tumbler_and/
http://www.reddit.com/r/SheepMarketplace/comments/1ru5ir/founda_wallet_containing_98million_worth_of_coins/
So , does it make to the top 3 bitcoin related scams?
Also , have to love this on Forbes: "When a black market calls itself Sheep; its no surprise when someone gets fleeced"
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