Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32738.

JimboToronto

legendary

Activity: 4242

Merit: 5039

You're never too old to think young.

Quote from: samson on August 19, 2013, 07:17:26 PM

Right now I'm all BTC, off exchange locked away.

Holding for the moment.

Same here, except for ten coins each at Virtex and GoxUSD, with asks at 150 on both exchanges, in case something whacky happens overnight.

I'll revise the orders when we get close. I'm basically a hoarder which is why I follow this song and dance with amusement, while cheering for an uptrend.

I don't nibble at the daily fluctuations. Last time I sold was at 165, last buy was at 97.

I'm waiting for a deposit to go through at Virtex so I can buy a few dozen coins more while the price there is still in double digits.

Life is good.

samson

legendary

Activity: 2097

Merit: 1070

Right now I'm all BTC, off exchange locked away.

Holding for the moment.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

byronbb

legendary

Activity: 1414

Merit: 1000

HODL OR DIE

Someone try to play tricky with the order book on that last up swing?

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

Quote from: Walsoraj on August 19, 2013, 01:00:29 PM

Quote from: adamstgBit on August 19, 2013, 12:53:25 PM

good call

now for my 180

you mean MY 180 Grin

giszmo

legendary

Activity: 1862

Merit: 1114

WalletScrutiny.com

If we see a huge Bitcoin sell-off and MtGox$ reaching parity with $US shortly before MtGox announcing the problems to be resolved, we can assume some insider trading. Same is true if the spread suddenly goes to infinity prior to some bad official news.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

bqxpd

member

Activity: 82

Merit: 10

Coinbase just upped their price to match Mt. Gox. Do they know something we don't?

This is a very recent development -- as of late this morning their price was still approximately matching Bitstamp.

Edit: Well that didn't last long. Hit refresh after posting and they're back to matching Bitstamp again.

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: ?? on ??

Quote from: Walsoraj on August 19, 2013, 01:03:45 PM

so... if xfers out are being processed by hand, does this increase likelihood of insider trading? Who would be surprised if gox employees are leaking data to friends re "hey guys, word is today was a big deal for xfers out, i did 20 mil alone." Or, "we actually got some new deposits today, me and another dude processed roughly 5 mil."

srsly. how do you prevent leaking $ in and out info when it's all being handled by hand (by low level employees/temps)?

This is a concern of mine as well.

"insider trading" is unavoidable and happens in all the markets. People with privileged info will use it to make money.

Anyhow, trading in this market is pretty risky - and pointless. I think this is a "hold" moment. Just choose what you wish to hold, fiat or BTC.

For Shroomsy and all the bear haters, here goes the disclaimer - I'm holding mostly BTC since $105ish, and I have 0 funds on exchanges - they are all on my bank account or in paper wallets.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Kazu

full member

Activity: 168

Merit: 100

USA, API working, website dead. Able to login every once and a while but lots of gateway errors.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

bayamos

newbie

Activity: 20

Merit: 0

http://www.reddit.com/r/Bitcoin/comments/1komit/mtgox_down/

USA here. Keeps switching from 502 Bad Gateway, to being up and not accepting logins, to 503 Service Temporarily Unavailable.

edit: back up.

01BTC10

vip

Activity: 756

Merit: 503

Quote from: bayamos on August 19, 2013, 02:53:52 PM

Gox down.

Website + trade API fine here. (Canada)

bayamos

newbie

Activity: 20

Merit: 0

Gox down.

Tzupy

legendary

Activity: 2170

Merit: 1094

IMO there will be another rally in 4 - 5 days, but the chances of rising to 180 are minuscule.
I'm pretty sure it will be at least 125, maybe 130. If there will be lots of panic buys, could be 140.
But until then, price has to drop to 115 (maybe 114) first, this is the correct price in 1 - 2 days.

Wekkel

legendary

Activity: 3122

Merit: 1538

yes

This market just won't go down right now. It's buy and hold again. Will Walsoraj get it right with $180 on Friday? Roll Eyes

molecular

donator

Activity: 2772

Merit: 1019

Quote from: rpietila on August 19, 2013, 04:20:52 AM

This money is orginally as Gox-USD, and most of the owners want it converted back to USD after escaping from Gox. It does not change the total bitcoin supply-demand, because it is both originally and eventually USD. Bitcoin is therefore used only as a value transmit mechanism for Gox-USD.

And that's how a new reserve currency is born. Can't trade Gox USD IOUs vs. bitstamp USD IOUs directly? Use BTC as interchange currency Wink

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

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