Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32098. (Read 26609709 times)
November 11, 2013, 08:27:16 AM
Bids on bitstamp keep growing
November 11, 2013, 08:27:10 AM
9 Pm CHina time, china is rallying also. AFter USA rally, china wakes up to rally more. wow
November 11, 2013, 08:14:20 AM
We all knew it was going to rally again at the start of the week. Yet we still sold over the weekend, lol. Never learn...
November 11, 2013, 08:13:32 AM
A question for the technical savvy... what''s the most accurate way to know at which exchange a move began?
Is there a way at all?
Is there a way at all?
November 11, 2013, 08:03:09 AM
The market is clueless, that's why it's relatively predictable. Smart individuals take advantage of this.
I think it's quite unpredictable. That's why speculating (aka trading) is gambling to me.
November 11, 2013, 08:01:53 AM
November 11, 2013, 07:56:30 AM
The market is clueless, that's why it's relatively predictable. Smart individuals take advantage of this.
Coming from someone who is constantly wrong.
He isn't stating that he's the one taking advantage of this
.So Tzupy, you predicted below <200 crash yesterday? so you didn't buy i presume? "relatively" =D
November 11, 2013, 07:54:41 AM
Bitcoin is the next upcoming story on Bloomberg, may discuss this past weekend, or?
The quick highlights:
"Gaining in legitimacy and Gaining in value"
"Upcoming senate hearings"
"Does Bitcoin fuel illegal activity?"
Zillow CEO: "Too much shadyness with a currency not backed by a central bank"
Shutterstock CEO: It is a great idea, will take years to grow, give it time"
The quick highlights:
"Gaining in legitimacy and Gaining in value"
"Upcoming senate hearings"
"Does Bitcoin fuel illegal activity?"
Zillow CEO: "Too much shadyness with a currency not backed by a central bank"
Shutterstock CEO: It is a great idea, will take years to grow, give it time"
November 11, 2013, 07:51:12 AM
The market is clueless, that's why it's relatively predictable. Smart individuals take advantage of this.
Coming from someone who is constantly wrong.
He isn't stating that he's the one taking advantage of this
. 
November 11, 2013, 07:50:22 AM
The market is clueless, that's why it's relatively predictable. Smart individuals take advantage of this.
Coming from someone who is constantly wrong.
November 11, 2013, 07:40:54 AM
The market is clueless, that's why it's relatively predictable. Smart individuals take advantage of this.
November 11, 2013, 07:19:40 AM
The market is however more right than any individual.
Untrue by definition. There is only one market (or a handful of markets) and there are countless individuals. By random chance alone your statement is already unlikely to reflect reality.
November 11, 2013, 07:17:32 AM
Is the media really going to turn this uptrend into: "Launch of Silk Road 2.0 boasts bitcoin price"? Tbh, who cares about that? And wasn't the uptrend already well in motion before the launch of the new SR?
no one really cares about the SR clone that popped up again
I agree, but it's tiresome that the media won't stop talking about it. Didn't they learn anything from the closure of the first one?
We can only conclude that journalists like to get high.
November 11, 2013, 07:16:41 AM
Freedom is becoming an illusion.
That's why Bitcoin is so important. It gives people a chance to retain (or gain) their freedom of economic transaction.
Its rising value is a symptom of people cherishing freedom.
And what's the true value of freedom?
Between 340 & 350 USD
That's what the mighty market thinks, yes. The market is never right, though.
The market is however more right than any individual.
Similarly to this: http://www.metacafe.com/watch/yt-iOucwX7Z1HU/bbc_the_code_the_wisdom_of_the_crowd/
I see your point. However, the weight of a dead cow or the number of yelly-beans in a jar don't change over time.
In that sense an individual can be "more right" than the market about some future state of the market.
November 11, 2013, 07:14:16 AM
Considering some people DO get their money out of GOX, and considering the fiat building up on STAMP would be a killer combination for someone to both Arbitrage and deliberately crash the price. :-/
November 11, 2013, 07:01:50 AM
November 11, 2013, 06:26:58 AM
Did anyone notice the difference between the rates of Mtgox and Bitstamp is just 9$ now ?
Yesterday the difference was about >30$
Yesterday the difference was about >30$
November 11, 2013, 06:21:23 AM
$7.5M in bids on Bitstamp now, I remember when it was less than $1M a few months ago. At this rate it will soon have more fiat in bids than MtGox has.
November 11, 2013, 06:10:34 AM
Bids are piling in on stamp 
let the growth resume.
let the growth resume. November 11, 2013, 06:08:18 AM
That dump was so beneficial its hard to know if it was intended as an attack or a defence against one (or just a pump and dump and a tinfoil hat :/ )
I think it's just normal market behaviour after such a strong and overextended move upwards. At some point people are going to take profits, and the later it happens the more severe the market reacts and the longer it takes for the price to recover and reach new highs. We've seen an extreme example of this in 2011 and a bit less extreme in April this year, what we see now is just a much smaller version of it. In the end it doesn't really matter when these corrections happen, the end result will be the same.
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