Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32244. (Read 26473871 times)

legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 896
Merit: 1000
All the Gox naysayers get real quite when price slips on Gox and people are actually market selling.

"Bu... bu.... but, I thought everyone was only buying to withdraw bitcoins"

Well, if someone isnt aware or not really worried about it, Gox offers them the best price for their coins...

Still possible.
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1168
Merit: 1000
All the Gox naysayers get real quite when price slips on Gox and people are actually market selling.

"Bu... bu.... but, I thought everyone was only buying to withdraw bitcoins"
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1168
Merit: 1000
The only thing that's really happened today is arbitrage. Apparently our arbiteur took a break over the weekend which allowed bitstamp to fall under the sell pressure and box to rise uncontrolled.

I saw someone doing the normal 1 bitcoin selling on Gox, but not 1 bitcoin buying on Stamp (or maybe I missed).
hero member
Activity: 728
Merit: 500
The only thing that's really happened today is arbitrage. Apparently our arbiteur took a break over the weekend which allowed bitstamp to fall under the sell pressure and gox to rise uncontrollably.
sr. member
Activity: 462
Merit: 250
Hmm, interesting buying pressure building up on BitStamp.  Change from the last few days..

Gox is just dead.

Gox still has slightly more volume than Bitstamp. I think when Bitstamp and Gox equalize in volume, then price on Bitstamp will jump.
legendary
Activity: 1168
Merit: 1000
Hmm, interesting buying pressure building up on BitStamp.  Change from the last few days..

Gox is just dead.
hero member
Activity: 728
Merit: 500
Last chance to sell above $140 this year boys and girl.

Thankfully the next bottom is $128 on Jan 1.

Why do you call the bottom at just $128? At that point, the entire trend line is broken and its probably going much lower. Say $100 or $86 even with the right volume, which would fit perfectly on the chart.

I can think of a few catalysts too... such as mtgox resumes normal withdraw, mtgox closes, government crackdown, or scalability/protocol issues.
legendary
Activity: 1168
Merit: 1000
Gox and BitStamp are like polar opposites.  When one has buying pressure, the other has selling pressure... vise versa.

LOL


.. Of course, volume is way too low to probably have any meaning.
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
It'll most likely keep going up, I would be much more surprised to wake up to 129 than 151. Still, just for fun  Grin




Are you trying to use a Black–Scholes equation to analyze the direction of price moving when crossing critical points? That always underestimates extreme moves in price and requires instant cost-less trading.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
sr. member
Activity: 252
Merit: 250
It'll most likely keep going up, I would be much more surprised to wake up to 129 than 151. Still, just for fun  Grin


Jump to: