We have been overbought all afternoon....starting to turn down now.
Let's see how this plays out as China wakes up...
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32104. (Read 26609885 times)
November 10, 2013, 07:17:33 PM
November 10, 2013, 07:06:22 PM
I thought we might see consolidation at around $300 for while, but the highlighted article on Zerohedge saying BTC could go to $1m is dynamite.
Bring on $400.
Bring on $400.
That article seems to say it could go to $1 million because with bitcoin everything is so ridiculous you can just pick a random number out of the air (true). That said, google news only mentions the headline, which reads like a statement of fact.
The writer doesn't understand anything about bitcoin. He thinks the only purpose of bitcoin is playing the bubble game before the last and big burst.
Sounds like he understands bitcoin perfectly.
November 10, 2013, 07:01:43 PM
November 10, 2013, 06:58:40 PM
if it only goes to 1 mil I will be disappoint
I figure 7M probably
I figure 7M probably
November 10, 2013, 06:58:26 PM
I thought we might see consolidation at around $300 for while, but the highlighted article on Zerohedge saying BTC could go to $1m is dynamite.
Bring on $400.
Bring on $400.
That article seems to say it could go to $1 million because with bitcoin everything is so ridiculous you can just pick a random number out of the air (true). That said, google news only mentions the headline, which reads like a statement of fact.
The writer doesn't understand anything about bitcoin. He thinks the only purpose of bitcoin is playing the bubble game before the last and big burst.
November 10, 2013, 06:50:30 PM
I thought we might see consolidation at around $300 for while, but the highlighted article on Zerohedge saying BTC could go to $1m is dynamite.
Bring on $400.
Bring on $400.
That article seems to say it could go to $1 million because with bitcoin everything is so ridiculous you can just pick a random number out of the air (true). That said, google news only mentions the headline, which reads like a statement of fact.
November 10, 2013, 06:42:10 PM
I thought we might settle back at ~$350 on Gox today, setting up for Monday (in case another bullish week ensues following this). Plenty of volume now though. Certainly plenty of capitulation this weekend from those taking down profits..
Am I a wizard?
You guys have got to watch for those dub apps.
I seem to remember some guy saying "anything below $300 is a bargain" - i feel like he almost singlehandedly saved bitcoin
November 10, 2013, 06:38:12 PM
I thought we might settle back at ~$350 on Gox today, setting up for Monday (in case another bullish week ensues following this). Plenty of volume now though. Certainly plenty of capitulation this weekend from those taking down profits..
Am I a wizard?
You guys have got to watch for those dub apps.
November 10, 2013, 06:30:48 PM
that does explain why is slightly cheaper. gox's price, and this is just a theory, is because people think they can't get out so rather than doing nothing they play thus giving more volatility.
For me, stamp is the closest to the 'real' price.
For me, stamp is the closest to the 'real' price.
November 10, 2013, 06:27:26 PM
btc-e is an anonymous exchange, people may be willing to pay for such privilege? They deposit with bitcoin/litecoin, sell, buy back later and withdraw with bitcoin/litecoin and never have to identify themselves.
Interesting. I wasn't aware of that. So how do they pay out dollar? Or are you saying they don't require ids for bitcoin payouts?
I'm just glad that there's multiple exchanges doing volume.
Yup, they don't require ids for bitcoin payouts and you can also deposit USD anonymously.
November 10, 2013, 06:26:41 PM
btc-e is an anonymous exchange, people may be willing to pay for such privilege? They deposit with bitcoin/litecoin, sell, buy back later and withdraw with bitcoin/litecoin and never have to identify themselves.
Interesting. I wasn't aware of that. So how do they pay out dollar? Or are you saying they don't require ids for bitcoin payouts?
I'm just glad that there's multiple exchanges doing volume.
November 10, 2013, 06:25:20 PM
I thought we might see consolidation at around $300 for while, but the highlighted article on Zerohedge saying BTC could go to $1m is dynamite.
Bring on $400.
Bring on $400.
November 10, 2013, 06:22:46 PM
Few hours and we'll be back where we're yesterday at this time. Next stop 400$ 
Bitcoin is stronger than ever! We sow 2 crashes in last 2 months and each time bitcoin recoverd in one day.
Bitcoin is stronger than ever! We sow 2 crashes in last 2 months and each time bitcoin recoverd in one day.
it's 7:20 in beijing and coins are looking cheap!
November 10, 2013, 06:12:37 PM
we got 1 hour to make today a green candle! buy buy buy!
November 10, 2013, 06:10:26 PM
btc-e is an anonymous exchange, people may be willing to pay for such privilege? They deposit with bitcoin/litecoin, sell, buy back later and withdraw with bitcoin/litecoin and never have to identify themselves.
Interesting. I wasn't aware of that. So how do they pay out dollar? Or are you saying they don't require ids for bitcoin payouts?
I'm just glad that there's multiple exchanges doing volume.
November 10, 2013, 06:08:16 PM
btc-e is an anonymous exchange, people may be willing to pay for such privilege? They deposit with bitcoin/litecoin, sell, buy back later and withdraw with bitcoin/litecoin and never have to identify themselves.
November 10, 2013, 06:05:33 PM
Can anyone explain why anyone would sell on Btc-e for less than they could get on Stamp? Is it because of trading between LTC and others or something?
This puzzles me too. Who would move coins to btc-e to sell, and who would move fresh fiat to mtgox to buy?
Especially as the price is firmly in 3 digits, the difference in $$$ terms becomes very significant.
i don't think many people move between exchanges. it's such hassle even getting validated by an exchange, i'm guessing people stick with where they are.
you could argue that larger volume = higher prices
November 10, 2013, 06:03:19 PM
Can anyone explain why anyone would sell on Btc-e for less than they could get on Stamp? Is it because of trading between LTC and others or something?
LTCers are delusional to the nth degree. Any decision or action they take is usually the farthest one from reality. Since the only reason to use BTC-E is because one is an alt-coin dork you cannot apply logic or sense to their actions.
November 10, 2013, 06:02:37 PM
Can anyone explain why anyone would sell on Btc-e for less than they could get on Stamp? Is it because of trading between LTC and others or something?
This puzzles me too. Who would move coins to btc-e to sell, and who would move fresh fiat to mtgox to buy?
Especially as the price is firmly in 3 digits, the difference in $$$ terms becomes very significant.
November 10, 2013, 06:01:37 PM
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