Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31847. (Read 26712927 times)

legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
full member
Activity: 192
Merit: 100
Not sure why people are pretending Gox doesnt matter? I guess most of you are watching your $ value take a huge drop?

Gox volume is 100% real. China is not.

A 10k sell is nothing to scoff at.

That and the 1500 wall @ 535... People understand the network is still young. This will DEFINITELY deter new money, which lets face it, is why BTC increase in value in the first place...


Who cares about a 10k sell?   One less person with 10k to sell in the future . . .   And that 1.5k wall, you think that is anything?   Did you see the previous 1.5k get munched just after the big sell?   Took less than 5 minutes.   I suppose Stamp having 3 mil more in bids than a few days ago is new money running away . . .   Have you seen how many people in just this forum are screaming about not being able to get money in fast enough?   If I had the coins, I would manipulate this as much as I could too, this is a last stop at these price levels.

You are missing the point here though. Look @ this post https://bitcointalksearch.org/topic/distribution-of-bitcoin-wealth-by-owner-316297 and see how many people ACTUALLY have that many BTC under their control? Then ask yourself. Why would you sell that much wealth? Also, that may have been a little bit of a dumber whale who does not have the discipline to scale out and sell into buying pressure (see action after ATH). Personally, those with the most to lose, usually have the best access to resources that aid their decision making - when they act, I listen, its worked well thus far.

Also, with regards to your mention about Stamp having 3mil more in bids than a few days ago is irrelevant since I am talking about what happens AFTER this moment, not the hype that led to the people making those deposits last week...
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
Not sure why people are pretending Gox doesnt matter? I guess most of you are watching your $ value take a huge drop?

Gox volume is 100% real. China is not.

A 10k sell is nothing to scoff at.

why is China volume not real?

no trade fee
sr. member
Activity: 454
Merit: 250
I remember the last time someone posted as an "Ebay employee" on Reddit saying Ebay was about to accept BTC, and he said he would show some sort of identification asap. He never did.

Hell, I think it was bobdude too who posted this. Are you the one making all this shit up, or do you just keep falling for it?
Nice "leak", as nice as the ebay one. As in, cool pump'n'dump by an anonymous redditor making up shit. How gullible have we become?

Lol yeah that was me. And I believed the last one. Don't shoot the messenger though.

Hypothetically if a large company was considering accepting bitcoin, the Senate hearings might have erased a lot of barriers.
sr. member
Activity: 252
Merit: 250
Not sure why people are pretending Gox doesnt matter? I guess most of you are watching your $ value take a huge drop?

Gox volume is 100% real. China is not.

A 10k sell is nothing to scoff at.

why is China volume not real?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
http://www.reddit.com/r/Bitcoin/comments/1r1gu5/starbucks_to_make_announcement_regarding_bitcoin/

"Leaker" says Starbucks to accept bitcoin by Thanksgiving.

In the middle of setting up a bitcoin bet involving SeansOutpost for escrow. Off the wall claim just got a little interesting...


lol he "leaked" (aka made up) the info hoping to stop this mad sell off??

MAYBE!

wont work.

but it will bounce, for far more compelling reasons then Starbucks accepting bitcoin.

N12
donator
Activity: 1610
Merit: 1010
I remember the last time someone posted as an "Ebay employee" on Reddit who was upvoted highly, saying Ebay was about to accept BTC, and he said he would show some sort of identification asap. He never did.

Hell, I think it was bobdude too who posted this. Are you the one making all this shit up, or do you just keep falling for it?
full member
Activity: 126
Merit: 100
http://www.reddit.com/r/Bitcoin/comments/1r1gu5/starbucks_to_make_announcement_regarding_bitcoin/

"Leaker" says Starbucks to accept bitcoin by Thanksgiving.

In the middle of setting up a bitcoin bet involving SeansOutpost for escrow. Off the wall claim just got a little interesting...

Nice. Thanks!
full member
Activity: 192
Merit: 100
http://www.reddit.com/r/Bitcoin/comments/1r1gu5/starbucks_to_make_announcement_regarding_bitcoin/

"Leaker" says Starbucks to accept bitcoin by Thanksgiving.

In the middle of setting up a bitcoin bet involving SeansOutpost for escrow. Off the wall claim just got a little interesting...

What I want to know is if you are such a person to get a hold of this information. WHY SHARE IT?! Why drive the price up on yourself right now?
N12
donator
Activity: 1610
Merit: 1010
Nice "leak", as nice as the ebay one. As in, cool pump'n'dump by an anonymous redditor making up shit. How gullible have we become?
sr. member
Activity: 260
Merit: 250
Not sure why people are pretending Gox doesnt matter? I guess most of you are watching your $ value take a huge drop?

Gox volume is 100% real. China is not.

A 10k sell is nothing to scoff at.

That and the 1500 wall @ 535... People understand the network is still young. This will DEFINITELY deter new money, which lets face it, is why BTC increase in value in the first place...


Who cares about a 10k sell?   One less person with 10k to sell in the future . . .   And that 1.5k wall, you think that is anything?   Did you see the previous 1.5k get munched just after the big sell?   Took less than 5 minutes.   I suppose Stamp having 3 mil more in bids than a few days ago is new money running away . . .   Have you seen how many people in just this forum are screaming about not being able to get money in fast enough?   If I had the coins, I would manipulate this as much as I could too, this is a last stop at these price levels.
sr. member
Activity: 454
Merit: 250
http://www.reddit.com/r/Bitcoin/comments/1r1gu5/starbucks_to_make_announcement_regarding_bitcoin/

"Leaker" says Starbucks to accept bitcoin by Thanksgiving.

In the middle of setting up a bitcoin bet involving SeansOutpost for escrow. Off the wall claim just got a little interesting...
legendary
Activity: 1428
Merit: 1000
Not sure why people are pretending Gox doesnt matter? I guess most of you are watching your $ value take a huge drop?

Gox volume is 100% real. China is not.

A 10k sell is nothing to scoff at.

If someone wants to gamble with a lot of Goxbux that's their business not mine. Tongue Price will shoot back up later, fiat on Bitstamp orderbook has already grown up to $9.5M so the demand is definitely there.

For that amount he'l surely have a Japanese bank account and handful of consultant/lawyers to get his cash
legendary
Activity: 1246
Merit: 1000
Not sure why people are pretending Gox doesnt matter? I guess most of you are watching your $ value take a huge drop?

Gox volume is 100% real. China is not.

A 10k sell is nothing to scoff at.

If someone wants to gamble with a lot of Goxbux that's their business not mine. Tongue Price will shoot back up later, fiat on Bitstamp orderbook has already grown up to $9.5M so the demand is definitely there.
full member
Activity: 126
Merit: 100
Ready to go lower anyone?  Undecided

Charts look like the trend is somehow in the other direction as yesterday/week.  Tongue

ZOMG, glad my bitcoinreminder woke me up. Hope the west coasters are awake somehow.

edit: Not that anyone should care, but my charts say this (595) is just the dead cat bounce... yuck, guts.
Get new charts, and a sextent.  
And a first mate.

Hello there, just wanted to respond at a reasonable moment. Seeing the blood everywhere, I thought now would be a good time.

Besides the fact that the word you are intending is spelled S-E-X-T-A-N-T, you can now check the charts and see the call I made at 6:15AM PST at $595 GoxBux was precisely the beginning of the dead cat bounce.  Wink
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
legendary
Activity: 1008
Merit: 1000
Dumb broad
Make sure to have Tor installed though.  Wink

Why would you recommend TOR...it works fine via normal ISP for me.  
Or are the Chinese BTC police gonna arrest all gweilo users  Wink

Because it worked fine for me too, then they locked me out for no discernable reason. Too many F5s?  Smiley

Fortunately it appears to have been an honest mistake.
Yeah, I think it takes a bit of time for the accounts to verify because of all the security measures they have in place I experienced a few initial hiccups there but fortunately it was a reasonably quiet time.
Enjoy the madness of the Chinese market Smiley
legendary
Activity: 896
Merit: 1000
is that 535 wall real....? Shocked
Of course, why? Arre you new (serious question), because that wall is only 1,500 coins (was 4,000)... and a 10,000 coin market sell just happened. That seems like the more interesting thing here Tongue


hero member
Activity: 634
Merit: 500
is that 535 wall real....? Shocked

Only one way to find out.
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Not sure why people are pretending Gox doesnt matter? I guess most of you are watching your $ value take a huge drop?

Gox volume is 100% real. China is not.

A 10k sell is nothing to scoff at.

fair enough, although their volume isn't crazy high at the moment the price is relatively stable. Maybe they aren't so interested in Gox's issues? Needless to say, having more exchanges is helping A LOT.

Maybe it's crazy- but maybe the 21million coin limit is actually a problem for the price on exchanges, as long as we are thinking in terms of full coins. Maybe if people keep thinking in whole BTC there aren't enough coins for enough exchanges to have enough liquidity? I know it sounds stupid, but the more I think about it, and I think about so many empty exchanges, I start to wonder. You can't have people dumping 10K in more then one exchange at a time really. Or perhaps this will be less of an issue as time goes on....

It will fix itself. Those coins are now in several hands and if the price goes up, it will become harder for an individual to accumulate so many.

(Though, unfortunately, not yet too hard)
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