I guess I'm back to earning my BTC the 'hard way': Actually doing work, not just draining my checking account each day with Coinbase.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32478. (Read 26609575 times)
October 14, 2013, 08:50:27 PM
My chances of being able to purchase another 100 BTC now == 0.
I guess I'm back to earning my BTC the 'hard way': Actually doing work, not just draining my checking account each day with Coinbase.
I guess I'm back to earning my BTC the 'hard way': Actually doing work, not just draining my checking account each day with Coinbase.
October 14, 2013, 08:19:17 PM
I go away for the weekend (Canadian Thanksgiving) and this is what happens??
Happy Thanksgiving.No internet? Pity. Last night was fun. Seemed to take forever to hit 150, but when it finally did it went with a bang.
Cheers.
October 14, 2013, 08:02:23 PM
October 14, 2013, 07:52:16 PM
I go away for the weekend (Canadian Thanksgiving) and this is what happens?? 
October 14, 2013, 07:20:26 PM
don't want to interrupt the discussion...
but ohlala, btcchina with personal second largest daily volume of all times.
this looks promising, chartbuddy could need an asian companion at some point in the future
china finally fed up with chewing dollars over and over?
but ohlala, btcchina with personal second largest daily volume of all times.
this looks promising, chartbuddy could need an asian companion at some point in the future
china finally fed up with chewing dollars over and over?
October 14, 2013, 07:12:40 PM
The SR sell-off was pretty insane imo. The market showed its hand there and the bull is on the loose.
Indeed. The rebound is a very strong signal both fundamentally and technically imo. Fundamentally because it shows that the value of bitcoins is not dependent on one single merchant or website. Technically because it mimics the behavior of the price in the march/april price rise.I disagree. Its a mix of Gox and Bitstamp trying to be market leaders, but Gox just has a bit more pull. The fact that you cant withdraw -> price decreases can only be short term -> bitstamp follows, interprets as healthy market.
Think about it. How can Gox price possibly go down? The only way is to sell to buy back for less. The fact it went thru $110 is pretty incredible. Why has the price gone up, now? Because idle money entered the market [low placed bids] while those who sold are now taking losses and buying back in.
siriusmoney.com
...Did you even read what you wrote? That involves BUYING. Since gox is leader, that is going to be bullish. Plus, good luck selling >100 coins at a reasonable loss on LBC.
Localbitcoin prices are completely random and vary +/-50% from current market prices. Volume is very low.
http://bitcoinity.org/markets/localbitcoins/EUR
7d low: 73
7d hi: 125
USD:
7d low: 88
7d hi: 224
lolk. Why would you expect an OTC site to be anything more than a mirror of the main exchanges? The volume is awful. People dont panic buy or sell there. And if you want to get nitpicky, the prices there have barely increased despite the rally of the past hours.
One of these exchanges is relevant; one is not:
One happens to be LBTC, one happens to be MtGox. Take a guess. Not sure where you find the average price there, but still, its volume is awful, It should be expected to have a slight premium over other exchanges.
October 14, 2013, 07:02:18 PM
October 14, 2013, 05:51:10 PM
The SR sell-off was pretty insane imo. The market showed its hand there and the bull is on the loose.
Indeed. The rebound is a very strong signal both fundamentally and technically imo. Fundamentally because it shows that the value of bitcoins is not dependent on one single merchant or website. Technically because it mimics the behavior of the price in the march/april price rise.I disagree. Its a mix of Gox and Bitstamp trying to be market leaders, but Gox just has a bit more pull. The fact that you cant withdraw -> price decreases can only be short term -> bitstamp follows, interprets as healthy market.
Think about it. How can Gox price possibly go down? The only way is to sell to buy back for less. The fact it went thru $110 is pretty incredible. Why has the price gone up, now? Because idle money entered the market [low placed bids] while those who sold are now taking losses and buying back in.
siriusmoney.com
...Did you even read what you wrote? That involves BUYING. Since gox is leader, that is going to be bullish. Plus, good luck selling >100 coins at a reasonable loss on LBC.
Localbitcoin prices are completely random and vary +/-50% from current market prices. Volume is very low.
http://bitcoinity.org/markets/localbitcoins/EUR
7d low: 73
7d hi: 125
USD:
7d low: 88
7d hi: 224
lolk. Why would you expect an OTC site to be anything more than a mirror of the main exchanges? The volume is awful. People dont panic buy or sell there. And if you want to get nitpicky, the prices there have barely increased despite the rally of the past hours.
October 14, 2013, 05:46:21 PM
The SR sell-off was pretty insane imo. The market showed its hand there and the bull is on the loose.
Indeed. The rebound is a very strong signal both fundamentally and technically imo. Fundamentally because it shows that the value of bitcoins is not dependent on one single merchant or website. Technically because it mimics the behavior of the price in the march/april price rise.I disagree. Its a mix of Gox and Bitstamp trying to be market leaders, but Gox just has a bit more pull. The fact that you cant withdraw -> price decreases can only be short term -> bitstamp follows, interprets as healthy market.
Think about it. How can Gox price possibly go down? The only way is to sell to buy back for less. The fact it went thru $110 is pretty incredible. Why has the price gone up, now? Because idle money entered the market [low placed bids] while those who sold are now taking losses and buying back in.
siriusmoney.com
...Did you even read what you wrote? That involves BUYING. Since gox is leader, that is going to be bullish. Plus, good luck selling >100 coins at a reasonable loss on LBC.
Localbitcoin prices are completely random and vary +/-50% from current market prices. Volume is very low.
http://bitcoinity.org/markets/localbitcoins/EUR
7d low: 73
7d hi: 125
USD:
7d low: 88
7d hi: 224
lolk. Why would you expect an OTC site to be anything more than a mirror of the main exchanges? The volume is awful. People dont panic buy or sell there. And if you want to get nitpicky, the prices there have barely increased despite the rally of the past hours.
October 14, 2013, 05:34:07 PM
Quote
Localbitcoin prices are completely random and vary +/-50% from current market prices. Volume is very low.
Localbitcoins has quite a bit of face-to-face volume, but that isn't escrowed, and is often not reported.
October 14, 2013, 05:29:20 PM
The SR sell-off was pretty insane imo. The market showed its hand there and the bull is on the loose.
Indeed. The rebound is a very strong signal both fundamentally and technically imo. Fundamentally because it shows that the value of bitcoins is not dependent on one single merchant or website. Technically because it mimics the behavior of the price in the march/april price rise.I disagree. Its a mix of Gox and Bitstamp trying to be market leaders, but Gox just has a bit more pull. The fact that you cant withdraw -> price decreases can only be short term -> bitstamp follows, interprets as healthy market.
Think about it. How can Gox price possibly go down? The only way is to sell to buy back for less. The fact it went thru $110 is pretty incredible. Why has the price gone up, now? Because idle money entered the market [low placed bids] while those who sold are now taking losses and buying back in.
siriusmoney.com
...Did you even read what you wrote? That involves BUYING. Since gox is leader, that is going to be bullish. Plus, good luck selling >100 coins at a reasonable loss on LBC.
Localbitcoin prices are completely random and vary +/-50% from current market prices. Volume is very low.
http://bitcoinity.org/markets/localbitcoins/EUR
October 14, 2013, 05:24:03 PM
The SR sell-off was pretty insane imo. The market showed its hand there and the bull is on the loose.
Indeed. The rebound is a very strong signal both fundamentally and technically imo. Fundamentally because it shows that the value of bitcoins is not dependent on one single merchant or website. Technically because it mimics the behavior of the price in the march/april price rise.I disagree. Its a mix of Gox and Bitstamp trying to be market leaders, but Gox just has a bit more pull. The fact that you cant withdraw -> price decreases can only be short term -> bitstamp follows, interprets as healthy market.
Think about it. How can Gox price possibly go down? The only way is to sell to buy back for less. The fact it went thru $110 is pretty incredible. Why has the price gone up, now? Because idle money entered the market [low placed bids] while those who sold are now taking losses and buying back in.
siriusmoney.com
...Did you even read what you wrote? That involves BUYING. Since gox is leader, that is going to be bullish. Plus, good luck selling >100 coins at a reasonable loss on LBC.
Localbitcoin prices are completely random and vary +/-50% from current market prices. Volume is very low.
October 14, 2013, 04:46:58 PM
The SR sell-off was pretty insane imo. The market showed its hand there and the bull is on the loose.
Indeed. The rebound is a very strong signal both fundamentally and technically imo. Fundamentally because it shows that the value of bitcoins is not dependent on one single merchant or website. Technically because it mimics the behavior of the price in the march/april price rise.I disagree. Its a mix of Gox and Bitstamp trying to be market leaders, but Gox just has a bit more pull. The fact that you cant withdraw -> price decreases can only be short term -> bitstamp follows, interprets as healthy market.
Think about it. How can Gox price possibly go down? The only way is to sell to buy back for less. The fact it went thru $110 is pretty incredible. Why has the price gone up, now? Because idle money entered the market [low placed bids] while those who sold are now taking losses and buying back in.
siriusmoney.com
...Did you even read what you wrote? That involves BUYING. Since gox is leader, that is going to be bullish. Plus, good luck selling >100 coins at a reasonable loss on LBC.
October 14, 2013, 04:42:34 PM
The SR sell-off was pretty insane imo. The market showed its hand there and the bull is on the loose.
Indeed. The rebound is a very strong signal both fundamentally and technically imo. Fundamentally because it shows that the value of bitcoins is not dependent on one single merchant or website. Technically because it mimics the behavior of the price in the march/april price rise.I disagree. Its a mix of Gox and Bitstamp trying to be market leaders, but Gox just has a bit more pull. The fact that you cant withdraw -> price decreases can only be short term -> bitstamp follows, interprets as healthy market.
Think about it. How can Gox price possibly go down? The only way is to sell to buy back for less. The fact it went thru $110 is pretty incredible. Why has the price gone up, now? Because idle money entered the market [low placed bids] while those who sold are now taking losses and buying back in.
siriusmoney.com
...Did you even read what you wrote? That involves BUYING. Since gox is leader, that is going to be bullish. Plus, good luck selling >100 coins at a reasonable loss on LBC.
October 14, 2013, 04:40:35 PM
The SR sell-off was pretty insane imo. The market showed its hand there and the bull is on the loose.
Indeed. The rebound is a very strong signal both fundamentally and technically imo. Fundamentally because it shows that the value of bitcoins is not dependent on one single merchant or website. Technically because it mimics the behavior of the price in the march/april price rise.I disagree. Its a mix of Gox and Bitstamp trying to be market leaders, but Gox just has a bit more pull. The fact that you cant withdraw -> price decreases can only be short term -> bitstamp follows, interprets as healthy market.
Think about it. How can Gox price possibly go down? The only way is to sell to buy back for less. The fact it went thru $110 is pretty incredible. Why has the price gone up, now? Because idle money entered the market [low placed bids] while those who sold are now taking losses and buying back in.
siriusmoney.com
October 14, 2013, 04:38:05 PM
The SR sell-off was pretty insane imo. The market showed its hand there and the bull is on the loose.
Indeed. The rebound is a very strong signal both fundamentally and technically imo. Fundamentally because it shows that the value of bitcoins is not dependent on one single merchant or website. Technically because it mimics the behavior of the price in the march/april price rise.I disagree. Its a mix of Gox and Bitstamp trying to be market leaders, but Gox just has a bit more pull. The fact that you cant withdraw -> price decreases can only be short term -> bitstamp follows, interprets as healthy market.
Think about it. How can Gox price possibly go down? The only way is to sell to buy back for less. The fact it went thru $110 is pretty incredible. Why has the price gone up, now? Because idle money entered the market [low placed bids] while those who sold are now taking losses and buying back in.
October 14, 2013, 04:34:43 PM
The SR sell-off was pretty insane imo. The market showed its hand there and the bull is on the loose.
Indeed. The rebound is a very strong signal both fundamentally and technically imo. Fundamentally because it shows that the value of bitcoins is not dependent on one single merchant or website. Technically because it mimics the behavior of the price in the march/april price rise. 
October 14, 2013, 04:31:03 PM
:A little more sideways movement and this becomes an mega inverse head and shoulders?
Inverse H&S means short term down, long term up?? The SR sell-off was pretty insane imo. The market showed its hand there and the bull is on the loose.
October 14, 2013, 04:20:44 PM
A little more sideways movement and this becomes an mega inverse head and shoulders?
October 14, 2013, 04:17:55 PM
Apparently MTGOX press release mentions alt-currencies, maybe LTC?
Full press release: https://www.mtgox.com/press_release_20131011.html
Quote
Once Midas is up and running we will be able to offer the trading of other digital currencies.
Full press release: https://www.mtgox.com/press_release_20131011.html
All very nice, but people can't get fiat out of Gox so... what's the point?
This becomes more a myth as time goes on as we have seen $20million in volume last month. So either millionares are just parking USD @ gox for fun or they CAN get money out.
For every buyer of coins,there is a seller. And without withdrawal, it becomes a closed system, whatever money was there before, will remain stuck, just changed hands.
Jump to: