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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32313. (Read 26469326 times)

sr. member
Activity: 350
Merit: 250
This account was recently hacked
Used to use clarkmoody all the time, until it started dropping connection as soon as things got interesting.

This is my favorite Bitcoinity feature:


..nothing? lol
The ClarkMoody site seems to be working properly since last week, I think it might be being hosted on someone else's server.  I also noticed that the 'reconnect' button has gone, and it no longer makes the 'connected'/'connection lost' chimes - not that I've had it lose its connection since then.  However, it still has the same tendency to stop making noises for the trades after a while.  I like its order book, it's the easiest one to use.  If it also had market depth and moving averages then I wouldn't need to use any other sites as it'd all be in one place, especially if they included other exchanges and cryptocurrencies.
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 516
Merit: 283
Used to use clarkmoody all the time, until it started dropping connection as soon as things got interesting.

This is my favorite Bitcoinity feature:


..nothing? lol
hero member
Activity: 742
Merit: 500
Circle gets the Square
Used to use clarkmoody all the time, until it started dropping connection as soon as things got interesting.

This is my favorite Bitcoinity feature:
hero member
Activity: 686
Merit: 500
Ultranode

a sign of the inflation (maybe hyperinflation) to come?

no, LOL. This is a sign of deflation. An upward rate decreases pool of prospective buyers for many assets, forcing holders to sell at lower price.

the increase is foreshadowing inflation.

but i agree with you, this will make a lot of money leave the markets...

this is not good of for the US economy.

time for more QE?

I agree inflation will follow deflation, but neither you nor I have any clue how long deflation will last. Could be weeks, months or years.

Obama just re-affirmed QE-Tapering.... http://www.zerohedge.com/news/2013-09-05/did-obama-just-appoint-himself-fed-chair

Probably not so good for bitcoin
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner

a sign of the inflation (maybe hyperinflation) to come?

no, LOL. This is a sign of deflation. An upward rate decreases pool of prospective buyers for many assets, forcing holders to sell at lower price.

the increase is foreshadowing inflation.

but i agree with you, this will make a lot of money leave the markets...

this is not good of for the US economy.

time for more QE?
sr. member
Activity: 350
Merit: 250
This account was recently hacked
I'm not sure why people believe that Gox is going bust though.  0.6% of every transaction from both parties has to add up to a small mountain of cash/BTC, definitely more than they could ever have made from Magic the Gathering cards, that's for sure.  They may have lost a lot of cash with the Dwolla incident but I'd expect that they can afford it.

Excellent point MickeyT2008 - I never thought of that.
Thanks.  If I could find good market trackers like ClarkMoody, and Bitcoinity for BTC-e then I'd switch to them - 0.2% and no chance of interference from the USA with a Russian business.  Bitcoinwisdom does do BTC-e but its order book is awkward to read, the moving averages are useful though.  Maybe I should just do it anyway since I'm only trading a small amount, which means that slippage isn't really an issue on a low volume market like BTC-e.  The trollbox is irritating though, but multiple crypto trading is good - I did quite well out of LTC when Gox made their announcement and the price shot up for a while, and reasonably well from FTC too.

Bitcoinity does BTC-e
http://bitcoinity.org/markets/btce/USD
Yes, you're right of course.  It would be better though if the market depth graph didn't lag so badly.  The 0.2% commission rate also makes me much more likely to trade, with 0.6% on Gox as often as not Gox takes all the profit and I make a slight loss if the ask/bid spread isn't wide enough so I just end up sat here doing nothing instead.
hero member
Activity: 742
Merit: 500
Circle gets the Square
I'm not sure why people believe that Gox is going bust though.  0.6% of every transaction from both parties has to add up to a small mountain of cash/BTC, definitely more than they could ever have made from Magic the Gathering cards, that's for sure.  They may have lost a lot of cash with the Dwolla incident but I'd expect that they can afford it.

Excellent point MickeyT2008 - I never thought of that.
Thanks.  If I could find good market trackers like ClarkMoody, and Bitcoinity for BTC-e then I'd switch to them - 0.2% and no chance of interference from the USA with a Russian business.  Bitcoinwisdom does do BTC-e but its order book is awkward to read, the moving averages are useful though.  Maybe I should just do it anyway since I'm only trading a small amount, which means that slippage isn't really an issue on a low volume market like BTC-e.  The trollbox is irritating though, but multiple crypto trading is good - I did quite well out of LTC when Gox made their announcement and the price shot up for a while, and reasonably well from FTC too.

Bitcoinity does BTC-e
http://bitcoinity.org/markets/btce/USD
hero member
Activity: 686
Merit: 500
Ultranode

a sign of the inflation (maybe hyperinflation) to come?

no, LOL. This is a sign of deflation. An upward rate decreases pool of prospective buyers for many assets, forcing asset-holders to sell at lower price.
sr. member
Activity: 350
Merit: 250
This account was recently hacked
I'm not sure why people believe that Gox is going bust though.  0.6% of every transaction from both parties has to add up to a small mountain of cash/BTC, definitely more than they could ever have made from Magic the Gathering cards, that's for sure.  They may have lost a lot of cash with the Dwolla incident but I'd expect that they can afford it.

Excellent point MickeyT2008 - I never thought of that.
Thanks.  If I could find good market trackers like ClarkMoody, and Bitcoinity for BTC-e then I'd switch to them - 0.2% and no chance of interference from the USA with a Russian business.  Bitcoinwisdom does do BTC-e but its order book is awkward to read, the moving averages are useful though.  Maybe I should just do it anyway since I'm only trading a small amount, which means that slippage isn't really an issue on a low volume market like BTC-e.  The trollbox is irritating though, but multiple crypto trading is good - I did quite well there out of LTC when Gox made their announcement and the price shot up for a while, and reasonably well from FTC too.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
sr. member
Activity: 371
Merit: 250
hero member
Activity: 707
Merit: 500
I'm not sure why people believe that Gox is going bust though.  0.6% of every transaction from both parties has to add up to a small mountain of cash/BTC, definitely more than they could ever have made from Magic the Gathering cards, that's for sure.  They may have lost a lot of cash with the Dwolla incident but I'd expect that they can afford it.

Excellent point MickeyT2008 - I never thought of that.
sr. member
Activity: 350
Merit: 250
"Don't go in the trollbox, trollbox, trollbox"
Hey MBP, do you have an updated chart perchance?  I loved your take on things.

Hey Cablez, sorry I missed this.

No I haven't but I may as well do one seeing as you ask Smiley
hero member
Activity: 756
Merit: 522
Nightowlace is a well respected member of the community
+1

I might not write on this thread very often but I've been following it since about page 150 and have read plenty of his posts, I couldn't agree with you more.

Seriously! How does one become a well reprective member of this community after only having registered in April, 2013, and considering the following, which just so happens to coincide with the topic on hand?

So I have been selling my Casascius Coins on ebay and today I get a notice from paypal that my account has been placed on "limited activity" until I provide proof of my business intentions, my AML policy (anti money laundering) and other such documents that I do not have and will never be able to provide. So I am stuck on hold with about $5,000 locked up until someone decides that Casascius Coins are "collectible coins" as I have stated and they are from my own personal collection and I am not acting on behalf of any company. Or until they decide that I am actually acting as a Money Service Business in which case I will be locked down until I can provide all of the required documents.

I honestly can not wait until Bitcoin is they preferred way to pay for transactions.

Faith based on talking.  Smiley
sr. member
Activity: 350
Merit: 250
This account was recently hacked
I'm not sure why people believe that Gox is going bust though.  0.6% of every transaction from both parties has to add up to a small mountain of cash/BTC, definitely more than they could ever have made from Magic the Gathering cards, that's for sure.  They may have lost a lot of cash with the Dwolla incident but I'd expect that they can afford it.
sr. member
Activity: 350
Merit: 250
This account was recently hacked
what do you all make of this dead cat bounce, are we going down again or up?

The whole downturn was triggered by two 5k-6k dumps while the climb back up was accomplished through many small trades on moderate volume.

I think it's too early to call it either a dead cat bounce or a bear trap.
I had wondered if we're going to see a repeat of what started happening in May, when after recovering to around $130 BTC got pushed down towards $65 by the 'Sunday dumper' whale.  Since the $65 point it's been being pushed up in much the same way, regularly spaced huge buy ins by a whale.  Maybe it's the same person in both cases and now he's switched back to dumping masses of coins again.  I have no TA reasoning for thinking of this, but I'm not sure that TA is of much use for analysing such behaviour anyway but if there's another mountain of coins dumped next week then I wouldn't be surprised if it continues to happen again for some time.  This is one problem with a small market like BTC, it's easy for one rich person to push the price around at will, to do that to a currency like USD on the Forex market would only be possible for a wealthy country's government to do, not even a corporation as rich as Apple could make much of a dent in USD's value by themselves.
hero member
Activity: 980
Merit: 1001
When I got the voicemail that was my first concern. I assumed this was a follow up to the locking oft PayPal account and funds being held. I called my friend who introduced me to PayPal in late 2011. I told him that I didn't know if I felt comfortable with making a call like this to discuss a matter that had been settled. He said a call wouldn't hurt.

What do you mean by that? That you didn't know what paypal is before late 2011? Or?

I don't know, edccdn.com registered privately at godaddy, 2 links in, alexa rank 18.000.000 with 3 recipes and a biotcoin article.

Can somebody from US please call them or at least ask at facebook or twitter.

Haha typo I meant Bitcoin!
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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