so who thinks we are heading for a correction or another bear trap now?
I think chodpaba is manipulating the market to fit his analysis 
So lets go with bear trap for now.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32552. (Read 26608353 times)
September 19, 2013, 02:02:31 PM
So lets go with bear trap for now.
September 19, 2013, 01:50:59 PM
so who thinks we are heading for a correction or another bear trap now?
September 19, 2013, 01:50:05 PM
If you are fine to withdraw via other measures (SEPA, JPY domestic, BTC), MtGox should be alright given you don't mind the premium. Only risk I would see is whether or not they are even liquid in light of the 10 million USD lacking.
There are still reports of 3+ week delay times for SEPA transfers initiated in late august, so that's a risky game to play.
September 19, 2013, 01:48:52 PM
I must be the only person on earth right now who contemplates beginning to trade on/sending fiat to mtgox
Why'd you do that? The only reason I see is if you need to have instant liquidity for a couple k minimum in order to minimize slippage. Another perhaps if you trust MtGox more and want to store the funds for a longer time there. With up to 10% higher prices on MtGox, I'd have a hard time justifying it as a new market entrant.MtGox certainly deserves to starve right now given their laughable transparency.
Unfortunately, the amount of gravity a body has need not have any relation to how brightly it shines.
I see what you did there.
as the old saying goes...
feed the eagle, starve the turkey
September 19, 2013, 01:42:46 PM
If you are fine to withdraw via other measures (SEPA, JPY domestic, BTC), MtGox should be alright given you don't mind the premium. Only risk I would see is whether or not they are even liquid in light of the 10 million USD lacking.
September 19, 2013, 01:40:21 PM
I must be the only person on earth right now who contemplates beginning to trade on/sending fiat to mtgox
Why'd you do that? The only reason I see is if you need to have instant liquidity for a couple k minimum in order to minimize slippage. Another perhaps if you trust MtGox more and want to store the funds for a longer time there. With up to 10% higher prices on MtGox, I'd have a hard time justifying it as a new market entrant.MtGox certainly deserves to starve right now given their laughable transparency.
Unfortunately, the amount of gravity a body has need not have any relation to how brightly it shines.
I see what you did there.
September 19, 2013, 01:40:09 PM
I must be the only person on earth right now who contemplates beginning to trade on/sending fiat to mtgox
Why'd you do that? The only reason I see is if you need to have instant liquidity for a couple k minimum in order to minimize slippage. Another perhaps if you trust MtGox more and want to store the funds for a longer time there. With up to 10% higher prices on MtGox, I'd have a hard time justifying it as a new market entrant.MtGox certainly deserves to starve right now given their laughable transparency.
Unfortunately, the amount of gravity a body has need not have any relation to how brightly it shines.
That's beautiful...
September 19, 2013, 01:34:29 PM
I must be the only person on earth right now who contemplates beginning to trade on/sending fiat to mtgox
Why'd you do that? The only reason I see is if you need to have instant liquidity for a couple k minimum in order to minimize slippage. Another perhaps if you trust MtGox more and want to store the funds for a longer time there. With up to 10% higher prices on MtGox, I'd have a hard time justifying it as a new market entrant.MtGox certainly deserves to starve right now given their laughable transparency.
I'm not looking to long-term hold, so the premium isn't really an issue. It's the godawful slippage on bitstamp for anything bigger than tiny amounts.
The only thing that prevents me from signing up is, well, that it'd be idiotic to do so, I guess.
September 19, 2013, 01:20:22 PM
I must be the only person on earth right now who contemplates beginning to trade on/sending fiat to mtgox
Why'd you do that? The only reason I see is if you need to have instant liquidity for a couple k minimum in order to minimize slippage. Another perhaps if you trust MtGox more and want to store the funds for a longer time there. With up to 10% higher prices on MtGox, I'd have a hard time justifying it as a new market entrant.MtGox certainly deserves to starve right now given their laughable transparency.
September 19, 2013, 01:17:13 PM
I suspect we'll not pass $150, pending very big news, until Mt Gox resolves withdrawals or they fall. Too much anxiety in the market.
September 19, 2013, 01:14:07 PM
I must be the only person on earth right now who contemplates beginning to trade on/sending fiat to mtgox
September 19, 2013, 01:08:30 PM
You're right, there is definitely a slow shift going on away from MtGox. Dwindling volume and therefore income is the only language they will ever understand. However, I've seen MtGox die countless deaths before since June 2011. I remember Tradehill being hailed as the MtGox killer. My guess is they will either die or they will come out as #1 again.
The tell will actually be depth. As long as there is plenty of dry powder on Gox it can move the market.
Indeed, much of the Bitcoiners' capital is simply trapped on this platform and moving it from it is extremely slow. Shifting this capital from one account to another by buying Bitcoins and withdrawing them doesn't alleviate it. September 19, 2013, 01:03:03 PM
probably this thread could merge into an overall orderbook and wall tracker
bitstamp has more volume now and there is one 3000 btc bid wall left. if this falls.. good night bitcoin for a deeper fall
bitstamp has more volume now and there is one 3000 btc bid wall left. if this falls.. good night bitcoin for a deeper fall
looks more like 2000 to me.
Good morning, Blightcoin.
1000 btc was probably already whale food (plankton) .. eaten away...
September 19, 2013, 01:01:42 PM
How are your Litecoins going btw?
Actually, MtGox has more volume again now on the 24h. Same game as always, MtGox takes the lead when overall volumes surge.
Actually, MtGox has more volume again now on the 24h. Same game as always, MtGox takes the lead when overall volumes surge.
Hardly. 2 months ago, mtgox taking the lead during surges meant twice or more the volume of the next biggest exchange. These days it means about 50% more.
It's too early to declare the mtgox era entirely over. But it's getting closer.
September 19, 2013, 12:59:00 PM
probably this thread could merge into an overall orderbook and wall tracker
bitstamp has more volume now and there is one 3000 btc bid wall left. if this falls.. good night bitcoin for a deeper fall
bitstamp has more volume now and there is one 3000 btc bid wall left. if this falls.. good night bitcoin for a deeper fall
looks more like 2000 to me.
Good morning, Blightcoin.
September 19, 2013, 12:57:29 PM
probably this thread could merge into an overall orderbook and wall tracker
bitstamp has more volume now and there is one 3000 btc bid wall left. if this falls.. good night bitcoin for a deeper fall
bitstamp has more volume now and there is one 3000 btc bid wall left. if this falls.. good night bitcoin for a deeper fall
looks more like 2000 to me.
September 19, 2013, 12:56:13 PM
SR has one problem right now: It's not really possible to order anonymously when all exchanges require verification, tricks like mixing and choosing the transaction output address don't really help. (Courts can get a warrant for transaction data off the exchanges)
I fail to see how mixing doesn't help. As long as the buyer launders the coins he sends to SR and encrypts his delivery address to the sellers key it seems to me he is anonymous (except to the seller, of course).
I thought SR had a mixing service.
Yes, well... SR can be used to launder money because of that (similar to Mike Gogulskis bitcoinlaundry), but it might still be possible to identify SR receiving addresses (a big pool). One could then start identifying people who sent money to SR (for whatever purpose). I'm not sure wether this counts towards those peoples anonymity being compromised. I think not, but maybe that's what Mucus means?
If he means "delivery address revealed to public or authorities" then that's easily shown to not be possible as long as pgp does it's job and the buyer encrypts his address.
September 19, 2013, 12:55:28 PM
How are your Litecoins going btw?
the litecoin pattern looks more bullish than the bitcoin chart pattern right now.
September 19, 2013, 12:52:24 PM
How are your Litecoins going btw?
Actually, MtGox has more volume again now on the 24h. Same game as always, MtGox takes the lead when overall volumes surge.
Actually, MtGox has more volume again now on the 24h. Same game as always, MtGox takes the lead when overall volumes surge.
September 19, 2013, 12:50:26 PM
probably this thread could merge into an overall orderbook and wall tracker
bitstamp has more volume now and there is one 3000 btc bid wall left. if this falls.. good night bitcoin for a deeper fall
bitstamp has more volume now and there is one 3000 btc bid wall left. if this falls.. good night bitcoin for a deeper fall
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