Quote
Localbitcoin prices are completely random and vary +/-50% from current market prices. Volume is very low.
Localbitcoins has quite a bit of face-to-face volume, but that isn't escrowed, and is often not reported.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32192. (Read 26473318 times)
October 14, 2013, 06:34:07 PM
Localbitcoins has quite a bit of face-to-face volume, but that isn't escrowed, and is often not reported.
October 14, 2013, 06:29:20 PM
The SR sell-off was pretty insane imo. The market showed its hand there and the bull is on the loose.
Indeed. The rebound is a very strong signal both fundamentally and technically imo. Fundamentally because it shows that the value of bitcoins is not dependent on one single merchant or website. Technically because it mimics the behavior of the price in the march/april price rise.I disagree. Its a mix of Gox and Bitstamp trying to be market leaders, but Gox just has a bit more pull. The fact that you cant withdraw -> price decreases can only be short term -> bitstamp follows, interprets as healthy market.
Think about it. How can Gox price possibly go down? The only way is to sell to buy back for less. The fact it went thru $110 is pretty incredible. Why has the price gone up, now? Because idle money entered the market [low placed bids] while those who sold are now taking losses and buying back in.
siriusmoney.com
...Did you even read what you wrote? That involves BUYING. Since gox is leader, that is going to be bullish. Plus, good luck selling >100 coins at a reasonable loss on LBC.
Localbitcoin prices are completely random and vary +/-50% from current market prices. Volume is very low.
http://bitcoinity.org/markets/localbitcoins/EUR
October 14, 2013, 06:24:03 PM
The SR sell-off was pretty insane imo. The market showed its hand there and the bull is on the loose.
Indeed. The rebound is a very strong signal both fundamentally and technically imo. Fundamentally because it shows that the value of bitcoins is not dependent on one single merchant or website. Technically because it mimics the behavior of the price in the march/april price rise.I disagree. Its a mix of Gox and Bitstamp trying to be market leaders, but Gox just has a bit more pull. The fact that you cant withdraw -> price decreases can only be short term -> bitstamp follows, interprets as healthy market.
Think about it. How can Gox price possibly go down? The only way is to sell to buy back for less. The fact it went thru $110 is pretty incredible. Why has the price gone up, now? Because idle money entered the market [low placed bids] while those who sold are now taking losses and buying back in.
siriusmoney.com
...Did you even read what you wrote? That involves BUYING. Since gox is leader, that is going to be bullish. Plus, good luck selling >100 coins at a reasonable loss on LBC.
Localbitcoin prices are completely random and vary +/-50% from current market prices. Volume is very low.
October 14, 2013, 05:46:58 PM
The SR sell-off was pretty insane imo. The market showed its hand there and the bull is on the loose.
Indeed. The rebound is a very strong signal both fundamentally and technically imo. Fundamentally because it shows that the value of bitcoins is not dependent on one single merchant or website. Technically because it mimics the behavior of the price in the march/april price rise.I disagree. Its a mix of Gox and Bitstamp trying to be market leaders, but Gox just has a bit more pull. The fact that you cant withdraw -> price decreases can only be short term -> bitstamp follows, interprets as healthy market.
Think about it. How can Gox price possibly go down? The only way is to sell to buy back for less. The fact it went thru $110 is pretty incredible. Why has the price gone up, now? Because idle money entered the market [low placed bids] while those who sold are now taking losses and buying back in.
siriusmoney.com
...Did you even read what you wrote? That involves BUYING. Since gox is leader, that is going to be bullish. Plus, good luck selling >100 coins at a reasonable loss on LBC.
October 14, 2013, 05:42:34 PM
The SR sell-off was pretty insane imo. The market showed its hand there and the bull is on the loose.
Indeed. The rebound is a very strong signal both fundamentally and technically imo. Fundamentally because it shows that the value of bitcoins is not dependent on one single merchant or website. Technically because it mimics the behavior of the price in the march/april price rise.I disagree. Its a mix of Gox and Bitstamp trying to be market leaders, but Gox just has a bit more pull. The fact that you cant withdraw -> price decreases can only be short term -> bitstamp follows, interprets as healthy market.
Think about it. How can Gox price possibly go down? The only way is to sell to buy back for less. The fact it went thru $110 is pretty incredible. Why has the price gone up, now? Because idle money entered the market [low placed bids] while those who sold are now taking losses and buying back in.
siriusmoney.com
...Did you even read what you wrote? That involves BUYING. Since gox is leader, that is going to be bullish. Plus, good luck selling >100 coins at a reasonable loss on LBC.
October 14, 2013, 05:40:35 PM
The SR sell-off was pretty insane imo. The market showed its hand there and the bull is on the loose.
Indeed. The rebound is a very strong signal both fundamentally and technically imo. Fundamentally because it shows that the value of bitcoins is not dependent on one single merchant or website. Technically because it mimics the behavior of the price in the march/april price rise.I disagree. Its a mix of Gox and Bitstamp trying to be market leaders, but Gox just has a bit more pull. The fact that you cant withdraw -> price decreases can only be short term -> bitstamp follows, interprets as healthy market.
Think about it. How can Gox price possibly go down? The only way is to sell to buy back for less. The fact it went thru $110 is pretty incredible. Why has the price gone up, now? Because idle money entered the market [low placed bids] while those who sold are now taking losses and buying back in.
siriusmoney.com
October 14, 2013, 05:38:05 PM
The SR sell-off was pretty insane imo. The market showed its hand there and the bull is on the loose.
Indeed. The rebound is a very strong signal both fundamentally and technically imo. Fundamentally because it shows that the value of bitcoins is not dependent on one single merchant or website. Technically because it mimics the behavior of the price in the march/april price rise.I disagree. Its a mix of Gox and Bitstamp trying to be market leaders, but Gox just has a bit more pull. The fact that you cant withdraw -> price decreases can only be short term -> bitstamp follows, interprets as healthy market.
Think about it. How can Gox price possibly go down? The only way is to sell to buy back for less. The fact it went thru $110 is pretty incredible. Why has the price gone up, now? Because idle money entered the market [low placed bids] while those who sold are now taking losses and buying back in.
October 14, 2013, 05:34:43 PM
The SR sell-off was pretty insane imo. The market showed its hand there and the bull is on the loose.
Indeed. The rebound is a very strong signal both fundamentally and technically imo. Fundamentally because it shows that the value of bitcoins is not dependent on one single merchant or website. Technically because it mimics the behavior of the price in the march/april price rise. 
October 14, 2013, 05:31:03 PM
:A little more sideways movement and this becomes an mega inverse head and shoulders?
Inverse H&S means short term down, long term up?? The SR sell-off was pretty insane imo. The market showed its hand there and the bull is on the loose.
October 14, 2013, 05:20:44 PM
A little more sideways movement and this becomes an mega inverse head and shoulders?
October 14, 2013, 05:17:55 PM
Apparently MTGOX press release mentions alt-currencies, maybe LTC?
Full press release: https://www.mtgox.com/press_release_20131011.html
Quote
Once Midas is up and running we will be able to offer the trading of other digital currencies.
Full press release: https://www.mtgox.com/press_release_20131011.html
All very nice, but people can't get fiat out of Gox so... what's the point?
This becomes more a myth as time goes on as we have seen $20million in volume last month. So either millionares are just parking USD @ gox for fun or they CAN get money out.
For every buyer of coins,there is a seller. And without withdrawal, it becomes a closed system, whatever money was there before, will remain stuck, just changed hands.
October 14, 2013, 05:16:29 PM
Apparently MTGOX press release mentions alt-currencies, maybe LTC?
Full press release: https://www.mtgox.com/press_release_20131011.html
Quote
Once Midas is up and running we will be able to offer the trading of other digital currencies.
Full press release: https://www.mtgox.com/press_release_20131011.html
All very nice, but people can't get fiat out of Gox so... what's the point?
This becomes more a myth as time goes on as we have seen $20million in volume last month. So either millionares are just parking USD @ gox for fun or they CAN get money out.
Can someone please settle this? Wasn't there a bounty offered to anyone who could prove that they had managed to get money out of Gox over the last few months? Was this claimed?
October 14, 2013, 05:07:49 PM
Apparently MTGOX press release mentions alt-currencies, maybe LTC?
Full press release: https://www.mtgox.com/press_release_20131011.html
Quote
Once Midas is up and running we will be able to offer the trading of other digital currencies.
Full press release: https://www.mtgox.com/press_release_20131011.html
All very nice, but people can't get fiat out of Gox so... what's the point?
This becomes more a myth as time goes on as we have seen $20million in volume last month. So either millionares are just parking USD @ gox for fun or they CAN get money out.
October 14, 2013, 04:39:35 PM
1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX still filling with 60 BTCs.
The NCA said it had seized millions of pounds worth of the electronic currency. Is their address known?
Is this realy going to happen?
Do we see this:
The NCA said it had seized millions of pounds worth of the electronic currency. Is their address known?
Is this realy going to happen?
Do we see this:
October 14, 2013, 04:24:50 PM
Cracks starting to appear...
October 14, 2013, 04:21:50 PM
Betteridge's law of headlines is an adage that states, "Any headline which ends in a question mark can be answered by the word no.
The reason why journalists use that style of headline is that they know the story is probably bullshit, and don’t actually have the sources and facts to back it up, but still want to run it.
The reason why journalists use that style of headline is that they know the story is probably bullshit, and don’t actually have the sources and facts to back it up, but still want to run it.
October 14, 2013, 04:02:26 PM
October 14, 2013, 04:00:28 PM
US Gov announces debt ceiling deal, bitcoin drops to single digits. 
October 14, 2013, 03:49:44 PM
October 14, 2013, 03:02:26 PM
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