Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31842. (Read 26712678 times)
November 20, 2013, 04:06:38 AM
Right now people are clinging for dear life onto the crazy november trendline. I guess when that breaks.. we go to the october trendline? That would be around $300.
November 20, 2013, 04:04:17 AM
Have we officially gone now from correction to full blown bubble collapse?
Not yet, there's seem to be nice support at $400, but the recent mania was so crazy that this might be the moment in which we will revisit and test the all time exponential trend line (which now sits around $370).
For the "that will not ever happen crowd": just remind that the price is bound to be 50% of the time above the trend line, and 50% below it. It's math. Place your bids and take the buying opportunity if it happens. If not, be happy and remember to realize some fiat profits at some point, preferably when we are way above the exponential trend line (above $670 it was a no brainer to secure some fiat profits especially for those who bought at double digits).
November 20, 2013, 04:03:28 AM
Have we officially gone now from correction to full blown bubble collapse?
not yet but almost, it's just a matter of time until the last bulls realize that they already made enough profit for just two weeks...
November 20, 2013, 04:02:06 AM
You're still thinking about the bad news aren't you.
November 20, 2013, 04:01:29 AM
November 20, 2013, 04:00:03 AM
Have we officially gone now from correction to full blown bubble collapse?
i'm sure stamp will do the rest.trading is a mess there.
what now either get goxed or stamped
not sure what's worse
November 20, 2013, 03:56:34 AM
Have we officially gone now from correction to full blown bubble collapse?
November 20, 2013, 03:54:40 AM
Well, stamp has now f'd me.
I give up. The past few days will be disastrous for BTC publicity.
I give up. The past few days will be disastrous for BTC publicity.
November 20, 2013, 03:51:26 AM
Quote
3) insider trading (I don't know which news can dramatically crash BTC market now)
Early knowledge that Gox will be resuming USD withdrawals shortly.
Not likely, but it was the first thing that came to mind.
November 20, 2013, 03:50:41 AM
So then I'm guessing btc-e would be ideal for instant trading? Wouldn't it also practically balance out with bitstamp even though they are selling for less on btc-e, as you can buy back in again for below bitstamp price?
November 20, 2013, 03:46:00 AM
So if I wanted to sell off a little bitcoin right this second, and have it readily available to buy back in at any given price, which exchange would be the best option?
I am in the US. My guess would be bitstamp, but are they even reliable anymore?
I am in the US. My guess would be bitstamp, but are they even reliable anymore?
It is my understanding that to withdraw either USD or BTC you will need to be verified at bitstamp. So any BTC you send there will be stuck until you verify also.
November 20, 2013, 03:44:19 AM
So if I wanted to sell off a little bitcoin right this second, and have it readily available to buy back in at any given price, which exchange would be the best option?
I am in the US. My guess would be bitstamp, but are they even reliable anymore?
I am in the US. My guess would be bitstamp, but are they even reliable anymore?
Bitstamp is very sluggish atm, I wouldn't use it because you can't trust to be able to buy back in when you need to. BTC-e is probably best to use in your case, but the price is also lower there.
November 20, 2013, 03:42:39 AM
So if I wanted to sell off a little bitcoin right this second, and have it readily available to buy back in at any given price, which exchange would be the best option?
I am in the US. My guess would be bitstamp, but are they even reliable anymore?
well stamps down atm at least for me I am in the US. My guess would be bitstamp, but are they even reliable anymore?
November 20, 2013, 03:39:49 AM
So if I wanted to sell off a little bitcoin right this second, and have it readily available to buy back in at any given price, which exchange would be the best option?
I am in the US. My guess would be bitstamp, but are they even reliable anymore?
I am in the US. My guess would be bitstamp, but are they even reliable anymore?
November 20, 2013, 03:36:06 AM
Yes, I agree. In my opinion, this kind of dump could be explained by one of the follows
1) failed manipulation
2) desperate for cash in urgent (doubt it due to the withdraw problem there)
3) insider trading (I don't know which news can dramatically crash BTC market now)
4) stolen BTCs (I heard Gox needs identification?)
5) arbitrage (are there some big buys that time in other exchanges?)
6) ... just crazy.
Any more explanations?
7) Someone who missed a chance to sell at a profit after the April correction, and thinks it is happening again and panics.
8 ) Manipulation that didn't fail, causes doubt about the market, follows up with more dumps, waits for full on panic.
1-Yepppp
2-Desperate for 5MM? Happens to be at the time when most banks around the world are closed? Extremely unlikely
3-Possibility, but it's already been few hours after the market sell and no news, so he could've at least spread it over few hours. But a day or two should show for sure
4-Yeah, but again why dump all at once like that at odd hours coincidence?
5-No way to move such amount across exchanges, and highly doubtful that he had the same amount at other exchanges to cover. And arb been there for some time no reason to do a market sell
6-always an option, but how many crazy multi millionaires do you know who throw money out like that
7-Timing just makes this too unlikely.
8-True, but if i tried to pull this off i'd be betting on instantaneous panic, plus that wall BTC1.5k wall was a BTC1.7k wall at $533 and got moved back once people started to go at it. Smells like intimidation tactic.
9-FBI cashing in on those confiscated SR coins? 10k down 40k to go?
OooOoo - #9 tickles me because I remember someone QUICKLY moving off that topic with a joke when asked "What do you think they intend to do with those funds?" during Monday's hearing... This is a fun conspiracy!
November 20, 2013, 03:35:23 AM
do they have hamsters running in wheels on stamp? WTF
November 20, 2013, 03:34:32 AM
Stamp seems stalled.
November 20, 2013, 03:30:05 AM
Yes, I agree. In my opinion, this kind of dump could be explained by one of the follows
1) failed manipulation
2) desperate for cash in urgent (doubt it due to the withdraw problem there)
3) insider trading (I don't know which news can dramatically crash BTC market now)
4) stolen BTCs (I heard Gox needs identification?)
5) arbitrage (are there some big buys that time in other exchanges?)
6) ... just crazy.
Any more explanations?
7) Someone who missed a chance to sell at a profit after the April correction, and thinks it is happening again and panics.
8 ) Manipulation that didn't fail, causes doubt about the market, follows up with more dumps, waits for full on panic.
1-Yepppp
2-Desperate for 5MM? Happens to be at the time when most banks around the world are closed? Extremely unlikely
3-Possibility, but it's already been few hours after the market sell and no news, so he could've at least spread it over few hours. But a day or two should show for sure
4-Yeah, but again why dump all at once like that at odd hours coincidence?
5-No way to move such amount across exchanges, and highly doubtful that he had the same amount at other exchanges to cover. And arb been there for some time no reason to do a market sell
6-always an option, but how many crazy multi millionaires do you know who throw money out like that
7-Timing just makes this too unlikely.
8-True, but if i tried to pull this off i'd be betting on instantaneous panic, plus that wall BTC1.5k wall was a BTC1.7k wall at $533 and got moved back once people started to go at it. Smells like intimidation tactic.
9-FBI cashing in on those confiscated SR coins? 10k down 40k to go?
November 20, 2013, 03:27:29 AM
Yes, I agree. In my opinion, this kind of dump could be explained by one of the follows
1) failed manipulation
2) desperate for cash in urgent (doubt it due to the withdraw problem there)
3) insider trading (I don't know which news can dramatically crash BTC market now)
4) stolen BTCs (I heard Gox needs identification?)
5) arbitrage (are there some big buys that time in other exchanges?)
6) ... just crazy.
Any more explanations?
7) Someone who missed a chance to sell at a profit after the April correction, and thinks it is happening again and panics.
8 ) Manipulation that didn't fail, causes doubt about the market, follows up with more dumps, waits for full on panic.
9) early adopter liquidating part of his stash (rise yesterday on this chart https://blockchain.info/charts/bitcoin-days-destroyed)
gox is still the best place to handle such an amount without major slippage.
given the amount of cash i'm sure anybody would be okay to wait for the withdrawal a bit longer. (except he's living in japan)
just speculating here...
November 20, 2013, 03:24:30 AM
Placed a few bids on Bitstamp around $370, just in case 
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