Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32421.

molecular

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Quote from: calian on November 01, 2013, 05:22:08 AM

Quote from: Sword Smith on November 01, 2013, 04:37:28 AM

Quote from: molecular on November 01, 2013, 04:02:45 AM

Quote from: Richy_T on October 31, 2013, 06:50:37 PM

I'm still thinking the next major news to move the price will not be BTC news. Nothing has been fixed in the world economies and it's just a matter of time until yet another shoe drops.

I think Bitcoin can use a little more time to develop usability and services before shit hits the fan in a big way.

It is never a good time for the sht to hit the fan. But the longer Bitcoin experiences organic growth, the better.

So we'll need more than just one ATM to replace the current global banking system then?

We don't need any ATMs.

calian

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Quote from: Sword Smith on November 01, 2013, 04:37:28 AM

Quote from: molecular on November 01, 2013, 04:02:45 AM

Quote from: Richy_T on October 31, 2013, 06:50:37 PM

I'm still thinking the next major news to move the price will not be BTC news. Nothing has been fixed in the world economies and it's just a matter of time until yet another shoe drops.

I think Bitcoin can use a little more time to develop usability and services before shit hits the fan in a big way.

It is never a good time for the sht to hit the fan. But the longer Bitcoin experiences organic growth, the better.

So we'll need more than just one ATM to replace the current global banking system then?

ChartBuddy

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Sword Smith

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Neptune, Scalable Privacy

Quote from: molecular on November 01, 2013, 04:02:45 AM

Quote from: Richy_T on October 31, 2013, 06:50:37 PM

I'm still thinking the next major news to move the price will not be BTC news. Nothing has been fixed in the world economies and it's just a matter of time until yet another shoe drops.

I think Bitcoin can use a little more time to develop usability and services before shit hits the fan in a big way.

It is never a good time for the sht to hit the fan. But the longer Bitcoin experiences organic growth, the better.

molecular

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Quote from: chriswilmer on October 31, 2013, 11:26:28 PM

I have a theory. There is a big player slowly accumulating bitcoins across all of the exchanges. Basically there is a very big, invisible bid wall.

yeah, blind bears... don't you see it? don't you SEE it?

molecular

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Quote from: adamstgBit on October 31, 2013, 09:41:51 PM

in theory all the leveraged positions should lower volatility.

yeah, until they don't and the margin calls happen. See late 2011.

molecular

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Quote from: Richy_T on October 31, 2013, 06:50:37 PM

I'm still thinking the next major news to move the price will not be BTC news. Nothing has been fixed in the world economies and it's just a matter of time until yet another shoe drops.

I think Bitcoin can use a little more time to develop usability and services before shit hits the fan in a big way.

ChartBuddy

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molecular

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Quote from: MAbtc on October 31, 2013, 05:29:12 PM

How do bulls feel if we don't break $216 here? Looking like a triple top, then, yes?

I use fundamentals.

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TERA

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Quote from: calian on November 01, 2013, 01:55:33 AM

I see the last few days' stability as the bitcoin train sitting at a station while people are getting on and off. Someday it will leave the station. For a quick hit of nostalgia remember the proudhon song: http://www.youtube.com/watch?v=A7TuFy0fcuw

All aboard!

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rpietila

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Quote from: theonewhowaskazu on October 31, 2013, 10:01:31 PM

Leveraged Positions should raise volatility, because they up directional volume in the short term, and then crash it when people are forced to cover.

Leveraged positions should lower volatility, because the people do not aim to lose all their money, rather make more. Using leverage, they can smooth out the market moves with greater amount of capital than what they possess.

That people with no theoretical framework on what they are doing, and <5 years of trading experience use leverage, cannot end well.

calian

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I see the last few days' stability as the bitcoin train sitting at a station while people are getting on and off. Someday it will leave the station. For a quick hit of nostalgia remember the proudhon song: http://www.youtube.com/watch?v=A7TuFy0fcuw

ChartBuddy

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thoughtfan

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Quote from: MAbtc on October 31, 2013, 06:23:50 PM

Quote from: SheHadMANHands on October 31, 2013, 06:02:32 PM

Lawd almighty.. 4,800btc volume over 24hrs.

Sure everyone else is watching the rabbit in the room.. Roll Eyes

I'll bet Coinbase had more 24hr volume.

Meh, I've got an eye on Stamp and BTCChina, too... but have found they still don't lead as much as Gox. Especially Bitstamp.

Where gox does 'lead' it appears to me to lead like a dog on a retracting leash these days! It might run on (or suddenly double back) enthusiastically but will soon be pulled up and has to look round to see if the others are following. And the aggregate of the others appear not to be blindly following. Often they will follow but sometimes they'll just say 'neh' so gox just wags its tail, forgets where it thought it wanted to go a minute ago and bounds off again in another (or the same) direction

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MAbtc

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Quiet for the most part tonight... little dip under $210.

chriswilmer

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I have a theory. There is a big player slowly accumulating bitcoins across all of the exchanges. Basically there is a very big, invisible bid wall.

windjc

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Quote from: byronbb on October 31, 2013, 11:06:53 PM

The market has been moved by $5 to $10 million dollar purchases and these bucket shops have no where near that kind of liquidity. This isn't like the hilarious bitcoinica days.

Let's see. A bucket shop is: "an unauthorized office for speculating in stocks or currency using the funds of unwitting investors."

So you are saying none of these exchanges are authorized? Not authorized by whom?

And you are saying these exchanges are speculating in currency using the funds of unwitting investors? LOL. Is this seriously what you think?

Ok.

I guess you can wait and do business with Circle once they acquire their registration in all 47 necessary states to go along with their FINCEN compliance.

The rest of us will just unwittingly let these exchanges use our funds.

Or maybe (after reading some of your other posts) I misunderstood you? Were you making some other point?

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32421. (Read 26725203 times)