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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32293. (Read 26711016 times)

legendary
Activity: 1267
Merit: 1000
I had to quit my day job in April because I could no longer in good conscience take a paycheck when I was spending all day watching Bitcoinity.

 Grin Grin Grin  you guys are killin' me!
full member
Activity: 196
Merit: 100
Anybody else noticed the single bid ~700BTC @143.0 before the dump?
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
hero member
Activity: 707
Merit: 500
I had to quit my day job in April because I could no longer in good conscience take a paycheck when I was spending all day watching Bitcoinity.

I am lucky / cursed.. depends on what way you want to look at it. I'm often so idle at work that I have little else to be doing, except looking at charts and reading on here. It's not my fault if they dont give me enough work to do!!
donator
Activity: 2772
Merit: 1019


bitcoin.de has breached "typical price" all-time-high

what's "typical price"? I don't know.

Bitcoin.de shows as highest price 273 euro (= $368) during the past 30 days (also ATH), is it actually possible to sell bitcoins at that price on bitcoin.de or were those just very tiny orders like 0.001 BTC?

bitcoin.de doesn't function like a "normal" market. It's more of an ebay for bitcoin. You can take any offer from the order book.

Why people take offers that are way outside the range of "good" offers eludes me. Maybe they're generating tax-relevant data, I'm not sure.
legendary
Activity: 1400
Merit: 1013
I had to quit my day job in April because I could no longer in good conscience take a paycheck when I was spending all day watching Bitcoinity.
hero member
Activity: 854
Merit: 1000
Jesus.. at work.  Have to keep sneaking to the bathroom to check the charts, shit changes so quick.

LOL, same here  Cheesy

called in sick.. had a feeling today was going to be silly
N12
donator
Activity: 1610
Merit: 1010
Empty in coin, full of fiat.
hero member
Activity: 728
Merit: 500
17 million USD on Gox now.
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Just backing up to take a run-up at 250 Smiley

member
Activity: 116
Merit: 10
we have not reached the peak... but i would be fine with the prices stabilizing for awhile.

i'm looking to dump at >$1000 prices. a quick bubble will not achieve that.
full member
Activity: 124
Merit: 100
Have we reached the peak?
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
250$ was the high wall. Let's see what happens next... Roll Eyes
hero member
Activity: 518
Merit: 500
Price now matches Bitstamp.

Oh snap, I hadn't even noticed that!
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
Another question is whether the Gox withdrawal issues clear up when they can no longer buy the coins on other exchanges for less then they can sell them, by keeping the fiat transfers backed up.
full member
Activity: 196
Merit: 100
Ahh good point. Time to buy and transfer, then wait for the big rises yet to come. OK, don't rise to fast people, I need to get off gox.
donator
Activity: 2772
Merit: 1019


bitcoin.de has breached "typical price" all-time-high

what's "typical price"? I don't know.


'typical price' is similar to 'median price' in that it takes the middle value between the extrema of the period (highest price, lowest price), only difference: 'typcial' throws in closing price as well, which is IMO pretty arbitrary, so median is usually more informative.

but, yeah, I noted it as well and made a post yesterday: we've surpassed the previous daily median price ATH, on mtgox and bitstamp. didn't check btc china, but I'll guess there as well Cheesy

I still don't see how vwap aggregation (volume weighted average) doesn't beat pretty much anything else for pretty much every purpose.
hero member
Activity: 924
Merit: 1000
1.4 k dump but with little success...

Dump.... Nice try.

Or someone is getting coins off Gox. Price now matches Bitstamp.
N12
donator
Activity: 1610
Merit: 1010
The only question to me is whether we see 4 digits or not (within this impulse).
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
I would actually prefer if the price stabilized right around here and consolidated for a couple of weeks before moving on. To much of a hype right now, and the base is way down lower, around 185-200. I am afraid that a failed attempt to break through ATH would be very bad right now.

Yes, but how likely is that?
The pumping will start in earnest when the all time high is breached, then the news cycle still has to pick up on it.  Then there is the delay before folks take any action.

When they see that huge spike in april dwarfed by current activity, there is going to be a whole new inflow.  Maybe hit an M1 of US$4B or so.

The operative question for traders is whether to sell into it, when, or wait for the bounce after the fall, or just sit tight for the next wave.
There are more exchanges now, and less centralization, better arbitraging tools, and more liquidity.
All of this helps to smooth the market, but we are still going to have these surges.
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