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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32338. (Read 26713548 times)

legendary
Activity: 1400
Merit: 1013
It means imminent crash to single digits
We've now gone more than a year since trading in the single digit range (2012-10-27).

Maybe you should update your trolling to double digit doom predictions?
hero member
Activity: 686
Merit: 500
Ultranode
I've never seen Gox ask sum this low (25K ATM).  Must mean something.

It means imminent crash to single digits  Grin Cheesy Cheesy Grin
 Cool
hero member
Activity: 826
Merit: 508
I've never seen Gox ask sum this low (25K ATM).  Must mean something.

Means people would rather have btc than gox dollarz...  no shock there. Btw fuck gox Grin
Yep. There's been a lot of good opportunities to get funds to other exchanges -- inter-exchange spread closed in a lot for a while and still much improved from a couple weeks ago. Some people still want some Gox bucks, though.  Smiley
full member
Activity: 223
Merit: 100
I've never seen Gox ask sum this low (25K ATM).  Must mean something.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1168
Merit: 1000
The situation is a bit more complicated these days than "mtgox still leading" or "gox is dead".

In the past weeks, several rallies were lead by exchanges other than gox. On most days, gox volume is actually lower than that on bitstamp, for example. But once in a while, like now, when a big move starts, gox is still at the center of attention: they do have the market depth (and deep pockets and experience of traders on the exchange) that no other exchange matches so far.

See what I mean? Gox is almost certainly not the only relevant exchange these days. Ignoring what bitstamp or btc china does will cost you money. But on the other hand, gox is still in a unique position, and it is not wrong to say that, more often than not, you're well advised to watch what is going on there.

One more remark: I got the impression that, in the recent past, gox did in fact lead several *rallies*, but bitstamp was quite successful in *stopping* them (i.e. when gox price went too far ahead, and bitstamp was only reluctant to follow, it went down  again on gox)

Ya, good points.  Stamp does have some "stopping power" to kind of snap Gox back down when it doesn't follow.  It be can a sort of chess match of who caves first when the difference is larger than usual.  Will Stamp snap up or will Gox eventually snap back down.  With Stamp's increasing influence (and I suspect Coinbase, indirectly), it's been less likely to just follow Gox without forethought.
legendary
Activity: 1470
Merit: 1007
The situation is a bit more complicated these days than "mtgox still leading" or "gox is dead".

In the past weeks, several rallies were lead by exchanges other than gox. On most days, gox volume is actually lower than that on bitstamp, for example. But once in a while, like now, when a big move starts, gox is still at the center of attention: they do have the market depth (and deep pockets and experience of traders on the exchange) that no other exchange matches so far.

See what I mean? Gox is almost certainly not the only relevant exchange these days. Ignoring what bitstamp or btc china does will cost you money. But on the other hand, gox is still in a unique position, and it is not wrong to say that, more often than not, you're well advised to watch what is going on there.

One more remark: I got the impression that, in the recent past, gox did in fact lead several *rallies*, but bitstamp was quite successful in *stopping* them (i.e. when gox price went too far ahead, and bitstamp was only reluctant to follow, it went down  again on gox)
legendary
Activity: 1652
Merit: 1016
sr. member
Activity: 280
Merit: 250
Well that escalated quickly.

hero member
Activity: 770
Merit: 501
1300 CNY wall falling at btcchina.
legendary
Activity: 966
Merit: 1000
- - -Caveat Aleo- - -
full member
Activity: 196
Merit: 100

By the way, changed my sell orders on Gox to higher....

Are you able to get money out of Gox? What's your rationale for selling there?

I am leaving both on Gox. Its the most volatile and can stand the attention when there is big movements (as in the site doesn't freeze up anymore under stress I think).

I intend to buy back in on the inevitable drop, and move the coins back to cold storage... waiting for the next cycle.
legendary
Activity: 1168
Merit: 1000
Rrrrrrrrace for the $220 coins !



Action prior to Monday, maybe catalyzed by the ebay chit chat?
newbie
Activity: 42
Merit: 0

the 2 increases today were initiated by gox, look at the volume and time in the diagrams.

right now, china is waiting for gox to break 219 or 220, then china will take 1300. Maybe im wrong here, will see in next minutes

Nope. BTCChina and GoXbtc were earlier to the rises than MtGox.

blockchain all it takes is a few days of DoS and this becomes a house of cards~imho
sr. member
Activity: 349
Merit: 250
donator
Activity: 980
Merit: 1000

the 2 increases today were initiated by gox, look at the volume and time in the diagrams.

right now, china is waiting for gox to break 219 or 220, then china will take 1300. Maybe im wrong here, will see in next minutes

Nope. BTCChina and GoXbtc were earlier to the rises than MtGox.
newbie
Activity: 42
Merit: 0
hardfork coming! ~ watch the freefall this week with Obama eyeballing ~ you remember my posts from the spring!? LOL we will take BTC down to 50ish again imho TAKE PROFITS NOW!!(mark this post!*)

Do what now?

I think he's high. His post history last 48 hours all over the place.

no that sounds fun , bitcoin lacks any true sense of community~ watch the price fall imo as i'm one of the lead Wall Street writers on the subject!  Tongue
legendary
Activity: 1025
Merit: 1000
People are buying in anticipation for next week. Totally expected this move. Expect dumps when the price doesn't move upward next week.

edit: Why is CNY/BTC removed from Bitcoinwisdom?

I still have it. Try refreshing again?
newbie
Activity: 42
Merit: 0
People are buying in anticipation for next week. Totally expected this move. Expect dumps when the price doesn't move upward next week.

Explain why you think there will be no follow through next week?  30k new Coinbase accounts opened last week alone and those are probably just the US customers.

YEAH AND THEY HAVE BEEN SCAMMING PEOPLE FROM WHAT I READ!  Roll Eyes
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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