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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32193. (Read 26473315 times)

legendary
Activity: 896
Merit: 1001
All very nice, but people can't get fiat out of Gox so... what's the point?

They'll be able to get out multiple types of cryptocoins? If we attribute the higher prices on Gox to be a result of USD withdrawal issues, then it stands to reason that adding more altcoins will distribute the price inflation amongst them. (assuming there is a place to sell those coins for fiat).
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2478
Merit: 1362
Apparently MTGOX press release mentions alt-currencies, maybe LTC?

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

"scoop"
sr. member
Activity: 462
Merit: 250
Apparently MTGOX press release mentions alt-currencies, maybe LTC?

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
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 896
Merit: 1000
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 840
Merit: 1000
and again someone is trying hard to keep price low. I wonder what for they are doing this and loosing money in the process (considering bitcoin price will go up for some time more)

It'll likely just be a correction on the way up. These people probably think they are selling to buy back cheaper, but they are taking a risk since we smashed through both 148.5 and 150 resistances with ease. They may very well be saying goodbye to those coins if the price consolidates here before they continue to climb.
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 728
Merit: 500
and again someone is trying hard to keep price low. I wonder what for they are doing this and loosing money in the process (considering bitcoin price will go up for some time more)

Did you expect btc to go up in a straight line? Are you really surprised to see resistance around the Aug 29 high?  Should be natural and healthy.
hero member
Activity: 546
Merit: 501
and again someone is trying hard to keep price low. I wonder what for they are doing this and loosing money in the process (considering bitcoin price will go up for some time more)
legendary
Activity: 1652
Merit: 1029
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1036
Merit: 1000
From today at $152, we need about 19% growth per week to reach $1000 by year end, or 46% to reach $10,000.

To make it in time for Christmas, we need 21% or 52%, respectively. Since the latter goal at least is steeper growth than in the last run-up, it would take some kind of insane occurrence to reach the grand big prize. But these are insane times.
donator
Activity: 1722
Merit: 1036
We are in the 6 month to 8 month rally cycle. Just at the base.

My call is we are at roughly late february of 2013 in terms of market sentiment. Look for a new spike in price.

All time high still in view before year's end. Hang on to your Bitcoins  Grin

+1. We are currently exerting effort to crush the ATH (which, at that time was at $32 and now @266). It will still take at least several weeks. After that, there will be another spike.

Still got some BTC?

Lack of BTC is currently none at all impediment to my progress Wink I could be healthier, though..

legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1600
Merit: 1014
We are in the 6 month to 8 month rally cycle. Just at the base.

My call is we are at roughly late february of 2013 in terms of market sentiment. Look for a new spike in price.

All time high still in view before year's end. Hang on to your Bitcoins  Grin

+1. We are currently exerting effort to crush the ATH (which, at that time was at $32 and now @266). It will still take at least several weeks. After that, there will be another spike.

Still got some BTC?
legendary
Activity: 1512
Merit: 1005
Looks like the TA-ers here believe that 152.91324 USD version October 2013 per bitcoin was "speculators getting ahead of themselves". I think not. We need this pace of appreciation if we are going to get to 1000 in a reasonable time.

10 years reasonable?

No. 1 year.
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