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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31593. (Read 26608353 times)

full member
Activity: 134
Merit: 100
some large buyings at bitstamp, but still pretty walled by that 1500 btc guy

as long as he remains sitting there, bitstamp won't follow gox
hero member
Activity: 574
Merit: 500
..25dollars above the high of last week...has you certain the trains leaving eh? Welp time to sell my house :X
legendary
Activity: 1148
Merit: 1018
Poor bears, the choo choo train is leaving the station and they were caught taking a dump, with their pants down.

Risto, did you finally bought back in? Can you give us the details for educational purposes?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1148
Merit: 1018
One person can move the market much more than 10%

Who?  Satoshi?

Last I thought was the "Satoshi" stash was around 1,070,000 Bitcoins.  Loaded doesn't have 2-3 wallets ranging from 40,000 - 80,000 bitcoins.  There wasn't just 200,000 coins shuffled for a few laughs.  Estimated individuals holding more than 10,000 coins each is in the hundreds.  Exchanges don't profit in both bitcoin and fiat and have no reason for either.  A 10% market change right now would take ~2,500 coins but your right, Mr/Mrs/Ms Nakamoto must be the only person capable of such a feat.

"Buy All The Bitcoins!"

I just want the Satoshi handle to come back online in this forum and say "I told you so" and then disappear forever. Either that or move those 1,000,000 coins so everyone can stop and go "holy shit he is alive" and then let the frenzy begin. We will be at 10,000 by the end of the year. No one would be selling only buying. The founder lives! The mythical man exists.

If Satoshi moves the coins, the price will (temporarily) take a dive. The market has (rightfully) not priced in a 100% possibility that Satoshi is still able to access his coins. The chance of him not being able to might be small, but even 1% of his holdings is 10k BTC, >8$M.

This. Satoshi moves his coins, the price tanks.
sr. member
Activity: 434
Merit: 250
Gox price is now higher than BTCChina price in USD.
legendary
Activity: 2016
Merit: 1259
this whole BTC is now occupying my mind, taking me over.. i think i need to meditate or do something that removes me from this constant antsy feeling about making a obscene amount of money.

FTFY
legendary
Activity: 1792
Merit: 1047
sr. member
Activity: 434
Merit: 250
don't you guys hate this feeling of nervousness, waiting by your computer checking a ticker to see if your investment has reached the point of 0? it gets tiresome, but it's money.. i MUST HAVE.

I sit here waiting for it to go to the moon, as of late thought I've been trying to watch a crash occur..I was playing indoor soccer the last time it crashed.. le sad Sad


this whole BTC is now occupying my mind, taking me over.. i think i need to meditate or do something that removes me from this constant antsy feeling about making a decent amount of money.
hero member
Activity: 574
Merit: 500
don't you guys hate this feeling of nervousness, waiting by your computer checking a ticker to see if your investment has reached the point of 0? it gets tiresome, but it's money.. i MUST HAVE.

I sit here waiting for it to go to the moon, as of late though I've been trying to watch a crash occur(called for so often). I was playing indoor soccer the last time it corrected.

I also just set the price alarms on my comp via bitcoinity and wake up to the alarms : D its better then no sleep
sr. member
Activity: 434
Merit: 250
don't you guys hate this feeling of nervousness, waiting by your computer checking a ticker to see if your investment has reached the point of 0? it gets tiresome, but it's money.. i MUST HAVE.
full member
Activity: 224
Merit: 100
2k wall at 800. that whale is really trying to push up the price  Shocked

900 or at 800, I'd assume you could lure people down with cheap coins the disappear in the rush on the way down


Right, its deceptive sometimes,  they want you to bid above and then pull the rug and dump.
Other exchanges are not following gox price right now..seems that whale trades on gox only.

Few whales holding bitstamp down at ~$835.
legendary
Activity: 1428
Merit: 1000
2k wall at 800. that whale is really trying to push up the price  Shocked

900 or at 800, I'd assume you could lure people down with cheap coins the disappear in the rush on the way down


Right, its deceptive sometimes,  they want you to bid above and then pull the rug and dump.
Other exchanges are not following gox price right now..seems that whale trades on gox only.
hero member
Activity: 574
Merit: 500
2k wall at 800. that whale is really trying to push up the price  Shocked

900 or at 800, I'd assume you could lure people down with cheap coins the disappear in the rush on the way down
newbie
Activity: 7
Merit: 0
Can someone explain to me how such a low volume of trades (compared to april of last year) can raise the price this high?
http://data.bitcoinity.org/#caaadafjaa

You have to measure volume in USD my friend, as the price is going up.
Even in BTC terms, trading volume is historically high.

You've just got to consider all the exchanges.

I guess I didn't take into consideration the other exchanges. Thanks for those charts tho!

legendary
Activity: 1428
Merit: 1000
2k wall at 800. that whale is really trying to push up the price  Shocked

legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
sombody just took a chomp out of 875 on gox


Mr. Gorbachev, tear down this $875 wall!
hero member
Activity: 630
Merit: 500
i am also wondering, since GOX cannot withdraw money, then it can only mean everyone will buy on GOX and take bitcoin out

if that is the case, GOX should be running out of bitcoin?Huh?


anyone???
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
Roll Eyes

Quoting in context:

Quote
If we go crazy from here (we are already well above/ahead of the long-term trend), the inevitable result is crash. That is the way turbulence works. This makes it relevant to try to estimate the top and the bottom.

My take:
- Top $2200, bottom $475. Before Christmas.

I was following your posts, there is always a crash in your post, each day you post the same prediction,
(emphases mine)


Man, Bitcoin distorts your sense of time beyond remedy...  Cheesy

My first bearish post was this:

I have also increased the odds that we are in a bubble correction to about 75%. That said, I expect the following things happen:

- Lowest recorded trade will be in $2XX range, bigger volume around $300.
- It will take only 3-6 months to regain the old highs.
- Volume will all the time be lower than in previous situations, there is no widespread panic or general capitulation

Two bubbles in 2013  Cheesy Who could have thought...

Beating the yesterday's intraday high (BS: $640, Gox: $750, BTCC: $1000) makes me increase the odds that this is just a weekly consolidation. Every day in declining trend erodes the new investor confidence and induces more and more sales from the earlier investor community.

Check the timestamp - it is 43 hours ago. Not even 2 days!

I previously was a bear for less than 2 days when the April bubble initially popped (correctly), then a short time at $48 last March (failed), a little bearish before the final capitulation in June (correctly), and during all of the bear market in 2011 (correctly, with stellar results). Even if this one proves to be false, I still have 60% track record. (52% is enough to make money, needless to say that the majority is not even close).

Even if I am wrong on this one, I will admit it latest next Monday. This leaves maximum about 10 days (out of 1000) that I have been a bitcoin bear with no reason. 1% of the time. Bear with it.


Yes, I admit that Bitcoin will never go to 2XX anymore. Henry Brade (Technomage) was right, I was wrong. We had a FB debate last week.

I still think that $2200 by Christmas and crash afterwards is a possible and probable scenario. My analysis says that each crash low is 2x the pre-bubble ATH. So the essential content of that post still holds, and I am not about to deny that one.

I give better odds that we see my sale price of $672 that that we don't see it.

$2200 by Christmas!
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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