Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32523.

billington.mark

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Quote from: notme on July 29, 2013, 06:04:25 AM

Quote from: vokain on July 29, 2013, 06:02:20 AM

Quote from: ardana123 on July 29, 2013, 06:01:37 AM

I would agree with u if the market wasn't so skewed from the withdrawal hiatus going on. People want to cash out, hence they are buying bitcoins in order to sell them at a loss. Only reason price is going up.

that doesn't explain other exchanges following.

Denial is not just a river in Egypt.

aaaah i see what you did there

vokain

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Activity: 1834

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Quote from: BitPirate on July 29, 2013, 06:44:52 AM

After all in such countries "everything not allowed is forbidden" -- and as a result laws are generally ignored.

that much is true at least

phantastisch

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Quote from: ShroomsKit on July 29, 2013, 06:34:32 AM

Quote from: N12 on July 29, 2013, 06:08:18 AM

I agree with you that this bull trap is probably sponsored by MtGox's incompetence. However, I see a slim chance that MtGox will fix everything and send everybody their money before the move I'm looking for occurs. The actual problem here is that people still believe MtGox's price is real, and not just a devaluation of the mtgoxUSD. So when mtgoxUSD gets further devalued, people think it's a rally and buy on Bitstamp. That's just the environment we have to deal with.

And indeed it's true that only few Bitcoins that have left the visible order book on MtGox have hit Bitstamp so far.

I have an idea. Why don't you just stfu and stop acting like you know it all. Because maybe, just maybe you may have noticed you don't know shit and are currently the biggest joker of this massive thread.

"No more triple digits in 2013" , anyone ? Still waiting on the panic selling ...

lebing

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Enabling the maximal migration

Quote from: capsqrl on July 29, 2013, 06:41:56 AM

https://bitcoin.co.th/trading-suspended-due-to-bank-of-thailand-advisement/

Quote

the following Bitcoin activities are illegal in Thailand:

Buying Bitcoins
Selling Bitcoins
Buying any goods or services in exchange for Bitcoins
Selling any goods or services for Bitcoins
Sending Bitcoins to anyone located outside of Thailand
Receiving Bitcoins from anyone located outside of Thailand

Woah, is there an official statement somewhere by their government on this somewhere? If this is true, its a big deal as I believe its a first for a country to outright outlaw bitcoins and potentially sets a precedent.

BitPirate

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RMBTB.com: The secure BTC:CNY exchange. 0% fee!

Quote from: vokain on July 29, 2013, 06:35:42 AM

Quote from: BitPirate on July 29, 2013, 06:35:27 AM

Quote from: vokain on July 29, 2013, 06:34:03 AM

Quote from: BitPirate on July 29, 2013, 06:19:51 AM

This is going to be a good week...

sarcasm?

No, I'm serious :-)

bitcoin illegal in thailand now :/

i understand that the thais' effect on global prices is quite minimal, but like, this does have psychological effects

Still early days, too early to say whether it is really illegal or not -- after all in such countries "everything not allowed is forbidden" -- and as a result laws are generally ignored.

Don't think there will be much effect.

Price is the good news.

capsqrl

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Activity: 444

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https://bitcoin.co.th/trading-suspended-due-to-bank-of-thailand-advisement/

Quote

the following Bitcoin activities are illegal in Thailand:

Buying Bitcoins
Selling Bitcoins
Buying any goods or services in exchange for Bitcoins
Selling any goods or services for Bitcoins
Sending Bitcoins to anyone located outside of Thailand
Receiving Bitcoins from anyone located outside of Thailand

vokain

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Activity: 1834

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Quote from: BitPirate on July 29, 2013, 06:35:27 AM

Quote from: vokain on July 29, 2013, 06:34:03 AM

Quote from: BitPirate on July 29, 2013, 06:19:51 AM

This is going to be a good week...

sarcasm?

No, I'm serious :-)

bitcoin illegal in thailand now :/

i understand that the thais' effect on global prices is quite minimal, but like, this does have psychological effects

BitPirate

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Activity: 238

Merit: 100

RMBTB.com: The secure BTC:CNY exchange. 0% fee!

Quote from: vokain on July 29, 2013, 06:34:03 AM

Quote from: BitPirate on July 29, 2013, 06:19:51 AM

This is going to be a good week...

sarcasm?

No, I'm serious :-)

ShroomsKit

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Activity: 672

Merit: 500

Quote from: N12 on July 29, 2013, 06:08:18 AM

I agree with you that this bull trap is probably sponsored by MtGox's incompetence. However, I see a slim chance that MtGox will fix everything and send everybody their money before the move I'm looking for occurs. The actual problem here is that people still believe MtGox's price is real, and not just a devaluation of the mtgoxUSD. So when mtgoxUSD gets further devalued, people think it's a rally and buy on Bitstamp. That's just the environment we have to deal with.

And indeed it's true that only few Bitcoins that have left the visible order book on MtGox have hit Bitstamp so far.

I have an idea. Why don't you just stfu and stop acting like you know it all. Because maybe, just maybe you may have noticed you don't know shit and are currently the biggest joker of this massive thread.

vokain

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Activity: 1834

Merit: 1019

Quote from: BitPirate on July 29, 2013, 06:19:51 AM

This is going to be a good week...

sarcasm?

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: N12 on July 29, 2013, 05:39:06 AM

No more single digits for the third millenium.

The sad part is you think you're funny and try to gey away with looking like a dumb friggin idiot by posting stupid stuff like this.
How old are you? 16?

BitPirate

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Activity: 238

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RMBTB.com: The secure BTC:CNY exchange. 0% fee!

This is going to be a good week...

vokain

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Quote from: notme on July 29, 2013, 06:04:25 AM

Quote from: vokain on July 29, 2013, 06:02:20 AM

Quote from: ardana123 on July 29, 2013, 06:01:37 AM

I would agree with u if the market wasn't so skewed from the withdrawal hiatus going on. People want to cash out, hence they are buying bitcoins in order to sell them at a loss. Only reason price is going up.

that doesn't explain other exchanges following.

Denial is not just a river in Egypt.

then why should the other exchanges go up at all?

edit:

Quote from: ardana123 on July 29, 2013, 06:04:38 AM

That's just sheep mentality, people still see Gox as the leader, so the moment the price changes on gox, everybody rushes to adjust their asks.

ah

N12

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I agree with you that this bull trap is probably sponsored by MtGox's incompetence. However, I see a slim chance that MtGox will fix everything and send everybody their money before the move I'm looking for occurs. The actual problem here is that people still believe MtGox's price is real, and not just a devaluation of the mtgoxUSD. So when mtgoxUSD gets further devalued, people think it's a rally and buy on Bitstamp. That's just the environment we have to deal with.

And indeed it's true that only few Bitcoins that have left the visible order book on MtGox have hit Bitstamp so far.

ft73

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Activity: 564

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Quote from: N12 on July 29, 2013, 05:58:58 AM

115 was the high from the bounce off 88. 110 is good too, it's marked by enormous volume. Largest volume on a 4h candle since the beginning of May.

In my opinion -IF- it's going to (eventually) break 110$ then i highly doubt 115$ will mean anything.
I think it would go straight to 120$ and over, quickly.

ardana123

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Activity: 504

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Quote from: vokain on July 29, 2013, 06:02:20 AM

Quote from: ardana123 on July 29, 2013, 06:01:37 AM

I would agree with u if the market wasn't so skewed from the withdrawal hiatus going on. People want to cash out, hence they are buying bitcoins in order to sell them at a loss. Only reason price is going up.

that doesn't explain other exchanges following.

That's just sheep mentality, people still see Gox as the leader, so the moment the price changes on gox, everybody rushes to adjust their asks.

notme

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Activity: 1904

Merit: 1002

Quote from: vokain on July 29, 2013, 06:02:20 AM

Quote from: ardana123 on July 29, 2013, 06:01:37 AM

I would agree with u if the market wasn't so skewed from the withdrawal hiatus going on. People want to cash out, hence they are buying bitcoins in order to sell them at a loss. Only reason price is going up.

that doesn't explain other exchanges following.

Denial is not just a river in Egypt.

vokain

legendary

Activity: 1834

Merit: 1019

Quote from: ardana123 on July 29, 2013, 06:01:37 AM

I would agree with u if the market wasn't so skewed from the withdrawal hiatus going on. People want to cash out, hence they are buying bitcoins in order to sell them at a loss. Only reason price is going up.

that doesn't explain other exchanges following.

ardana123

hero member

Activity: 504

Merit: 500

I would agree with u if the market wasn't so skewed from the withdrawal hiatus going on. People want to cash out, hence they are buying bitcoins in order to sell them at a loss. Only reason price is going up.

N12

donator

Activity: 1610

Merit: 1010

@ardana

What's your problem with simple psychology?

115 was the high from the bounce off 88. 110 is good too, it's marked by enormous volume. Largest volume on a 4h candle since the beginning of May.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32523. (Read 26472076 times)