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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32207. (Read 26713001 times)

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 1148
Merit: 1018
For a non-pro trader, it's really incredibly hard to discern the best course of action at the moment. Sell or hold, sell or hold. It's so crazy high it doesn't make sense. But it was so crazy high it didn't make sense 24 hours ago too, and now look where we are. The incredulity of it all makes $500 or $100 on monday seem entirely possible.


I think its going up too quickly, but I do not even consider selling before we double up again (I mean around $700). We entered parabolic? So we will probably keep going parabolic at least for a few days. Anyhow: the faster we go up, the sooner we will go down - as usual Wink
sr. member
Activity: 398
Merit: 250
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
For a non-pro trader, it's really incredibly hard to discern the best course of action at the moment. Sell or hold, sell or hold. It's so crazy high it doesn't make sense. But it was so crazy high it didn't make sense 24 hours ago too, and now look where we are. The incredulity of it all makes $500 or $100 on monday seem entirely possible.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
the trajectory is pretty clear, to the moon! Cheesy
sr. member
Activity: 462
Merit: 250
My gut feeling says that 350ish is the short term top until next week or Sunday, and we're going to see some shakeouts between here and 300 before continuing up to 400.  I think the next couple of weeks with stick around 300-400.

Trying to make my first call Tongue

Based on your previous posts, we should do the opposite right?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
hero member
Activity: 854
Merit: 1000
My gut feeling says that 350ish is the short term top until next week or Sunday, and we're going to see some shakeouts between here and 300 before continuing up to 400.  I think the next couple of weeks with stick around 300-400.

Trying to make my first call Tongue
legendary
Activity: 1148
Merit: 1018
Not a hint of fear until $280ish...

Oh wait, just 24 hours ago BTC was trade at $280 on Gox Cheesy
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1974
Merit: 1030
Quote
[17:25:43] joesmoe: We are not showing any favoutism.  It is in our best interest to get them all fixed as soon as possible.  Cherrypicking which ones to fix would take much longer

The bold part is completely BS.

Can they explain why others with recent withdrawals only wait 24-36 hrs while some others have waited for 5 days! ?

You know how the saying goes, never attribute to malice what can be adequately explained by stupidity.
full member
Activity: 196
Merit: 100
Can someone write a script so that when I sell BTC it simultaneously triggers a buy order for 100s of customers who each offer me a % of their profits?  I Manged to sell at the bottom of these mini corrections several times now over the last couple of days. Sad

hero member
Activity: 854
Merit: 1000
Can someone write a script so that when I sell BTC it simultaneously triggers a buy order for 100s of customers who each offer me a % of their profits?  I Manged to sell at the bottom of these mini corrections several times now over the last couple of days. Sad

It took me months to learn how to deal with the bear shakeouts.

That being said it may not be a bad thing, I'd only recommend you don't try and correct for now and see if your move ends up being a good one instead of whittling away btc..
member
Activity: 107
Merit: 10
Can someone write a script so that when I sell BTC it simultaneously triggers a buy order for 100s of customers who each offer me a % of their profits?  I Manged to sell at the bottom of these mini corrections several times now over the last couple of days. Sad
sr. member
Activity: 462
Merit: 250
any word on withdrawing btc?

Quote
[17:17:07] Thank you everyone for being patient and sorry for any inconvienience
[17:20:03] 48 hours i've been waiting now
[17:20:37] joesmoe: For a btc withdrawal?
[17:20:38] go away joe u crybaby
[17:21:05] SarahCoinBit yes
[17:21:55] 2013/11/07
[17:21:55] 01:41:54
[17:21:56] withdraw      120.00000000 BTC   0.75259713 BTC
[17:21:57] Bitcoin withdraw to 1J5bpFfpHavNyyJtVu4AqRqjZSQjA5dxKD
[17:22:00] joesmoe: We are trying to resolve it as fast as possible, sorry for the delay
[17:22:15] also have other transfers missing as well, but thats the oldest and
[17:22:18] biggest thats missing
[17:22:44] joesmoe: Sorry, they are going through but it's taking time to fix each one
[17:23:14] PaulB0 [[email protected]] has quit IRC: Read error: Connection reset by peer
[17:23:39] Anduck [~Anduck@unaffiliated/anduck] has quit IRC: Ping timeout: 264 seconds
[17:23:57] maybe they could fix them in priority of size?
[17:24:08] no
[17:24:12] would be most logical in my opinion to take care of the more profitable traders before the less profitable ones
[17:24:18] no
[17:24:47] obviously a dev's time is limited, and fixing things for larger transactions thus is more profitable in the long run fox gox
[17:24:59] Should have to wait days for a 120 BTC transactions
[17:25:14] should not*
[17:25:19] Xialla: How long u been waiting?
[17:25:43] joesmoe: We are not showing any favoutism.  It is in our best interest to get them all fixed as soon as possible.  Cherrypicking which ones to fix would take much longer
[17:26:09] funny because i notice most of the others who were waiting for multiple hundred BTC withdraws are no longer waiting, yet here I am...
[17:26:14] joesmoe: I'm very sorry you have had to wait

The bold part is completely BS.

Can they explain why others with recent withdrawals only wait 24-36 hrs while some others have waited for 5 days! ?

I also notice smaller amounts are somehow "fixed".... sooner.

Fixing problems should be in order of the age of support ticket, not just small amounts that they can "fix" now. This is real regarding "fractional reserve"
legendary
Activity: 1148
Merit: 1018
The amount of coins on sale on the exchange is shrinking fast. Only 6k on sale on BTCChina, 7k on Bitstamp, 11k on Gox.

This is the "all time low" in terms of BTC on sale. Just think about how Avalon holds 65k coins in one address.

In my opinion is not a very good sign, it would be better for the trend to be fueled by new money in instead of scarcity of supply - just because the scarcity can be easily reversed by only one big holder.

I guess this is the nature of "penny stock market", and BTC behaves completely as a penny stock market.

Tighten your seat belts.
sr. member
Activity: 252
Merit: 250
Is there any real indication that Gox is practicing fractional reserve?
even if you will never know

banking 101
sr. member
Activity: 462
Merit: 250
Is there any real indication that Gox is practicing fractional reserve?

What more "real" do you want?

Ppl cant withdraw their btc for days. They're supposed to just keep btc for customers right?

There is no excuse they cant process withdrawing within 24 hrs.
full member
Activity: 173
Merit: 100
btcmy.net
any word on withdrawing btc?

Quote
[17:17:07] Thank you everyone for being patient and sorry for any inconvienience
[17:20:03] 48 hours i've been waiting now
[17:20:37] joesmoe: For a btc withdrawal?
[17:20:38] go away joe u crybaby
[17:21:05] SarahCoinBit yes
[17:21:55] 2013/11/07
[17:21:55] 01:41:54
[17:21:56] withdraw      120.00000000 BTC   0.75259713 BTC
[17:21:57] Bitcoin withdraw to 1J5bpFfpHavNyyJtVu4AqRqjZSQjA5dxKD
[17:22:00] joesmoe: We are trying to resolve it as fast as possible, sorry for the delay
[17:22:15] also have other transfers missing as well, but thats the oldest and
[17:22:18] biggest thats missing
[17:22:44] joesmoe: Sorry, they are going through but it's taking time to fix each one
[17:23:14] PaulB0 [[email protected]] has quit IRC: Read error: Connection reset by peer
[17:23:39] Anduck [~Anduck@unaffiliated/anduck] has quit IRC: Ping timeout: 264 seconds
[17:23:57] maybe they could fix them in priority of size?
[17:24:08] no
[17:24:12] would be most logical in my opinion to take care of the more profitable traders before the less profitable ones
[17:24:18] no
[17:24:47] obviously a dev's time is limited, and fixing things for larger transactions thus is more profitable in the long run fox gox
[17:24:59] Should have to wait days for a 120 BTC transactions
[17:25:14] should not*
[17:25:19] Xialla: How long u been waiting?
[17:25:43] joesmoe: We are not showing any favoutism.  It is in our best interest to get them all fixed as soon as possible.  Cherrypicking which ones to fix would take much longer
[17:26:09] funny because i notice most of the others who were waiting for multiple hundred BTC withdraws are no longer waiting, yet here I am...
[17:26:14] joesmoe: I'm very sorry you have had to wait

Woah..I thought only fiat having the problem. Not in this case BTC withdrawal. I leaving gox after 3 months my fiat withdrawal still not process by them. Why people still playing there?!
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