Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32739.

Its About Sharing

legendary

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Antifragile

Quote from: Loozik on August 19, 2013, 12:36:58 PM

Your favourite daddy, Loozik, made a prediction on on 7 July that the price will make it from 66 to about 123 https://bitcointalksearch.org/topic/m.2673061

MESSAGE WITH HISTORICAL PREDICTION

Quote from: Loozik on July 07, 2013, 06:30:33 AM

Last chance guys to buy cheap coins.

CONFIRMATION

I HOPE YOU ENJOYED THIS TRADE

You're on a roll! Next prediction (up) please ;-)

molecular

donator

Activity: 2772

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Quote from: ShroomsKit on August 19, 2013, 02:21:07 AM

Why do people suddenly start selling after the price has reached 120? Doesn't make much sense to me?

Look back to when the price was around 120 or below last time (first 2 weeks of June, yesyes, long time ago). There was quite a bit of volume there. People who bought there got pissed off on the further drop and decided to sell next time they're in profit zone. That profit zone of these buyers is now reached and they sell. That's one theory.

Traktion

full member

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Quote from: Rampion on August 19, 2013, 09:49:34 AM

Quote from: Traktion on August 19, 2013, 07:02:31 AM

Quote from: Its About Sharing on August 19, 2013, 06:39:16 AM

Quote from: Traktion on August 19, 2013, 06:38:06 AM

I suspect people are more concerned about getting their money out at all, than just waiting a month. Why else would you pay a 20% premium?

If you were buying coins now, you wouldn't be wiring funds to Gox and paying a 20% premium. The only people who would pay that are those who (unfortunately) have fiat funds there waiting already.

Also, Gox would be for traders. Try trading on Stamp, it is hard. You could keep your coins on Stamp and trade with some on Gox as there is the action.

I trade regularly on Stamp, without any major issues. TBH, it tends to be a bit less erratic, IMO.

Try making trades of +300 coins at Bitstamp without MAYOR slippage and then report back please...

Even on Gox, the slippage is a huge profit killer for traders - on Bitstamp is just impossible to daytrade for anyone with a little more than play money.

As I only have play money, this isn't of concern to me!

Walsoraj

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Activity: 686

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Ultranode

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)?

Walsoraj

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Ultranode

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

good call

now for my 180

you mean MY 180 Grin

Kupsi

legendary

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9.9.2012: I predict that single digits... <- FAIL

Quote from: Its About Sharing on August 19, 2013, 12:06:17 PM

Quote from: Kupsi on August 19, 2013, 07:44:06 AM

Quote from: Its About Sharing on August 19, 2013, 07:12:02 AM

Now - NO WORD, zero...

Here are some words...

https://bitcointalksearch.org/topic/m.2924021

That is nice to see, thanks for the post. Has Gox addressed this publicly though? Why just in a thread (and who are those characters? Any Gox affiliation?)

@MagicalTux is Gox owner Karpeles.

adamstgBit

legendary

Activity: 1904

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Trusted Bitcoiner

the spread at virtex appears to be tightening and price is definitely moving up... i managed to pick up a few cheap coins this week

adamstgBit

legendary

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Trusted Bitcoiner

good call

now for my 180

Loozik

sr. member

Activity: 378

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Born to chew bubble gum and kick ass

Your favourite daddy, Loozik, made a prediction on on 7 July that the price will make it from 66 to about 123 https://bitcointalksearch.org/topic/m.2673061

MESSAGE WITH HISTORICAL PREDICTION

Quote from: Loozik on July 07, 2013, 06:30:33 AM

Last chance guys to buy cheap coins.

CONFIRMATION

I HOPE YOU ENJOYED THIS TRADE

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Quote from: lucas.sev on August 19, 2013, 12:21:02 PM

Quote from: Its About Sharing on August 19, 2013, 12:06:17 PM

Quote from: Kupsi on August 19, 2013, 07:44:06 AM

Quote from: Its About Sharing on August 19, 2013, 07:12:02 AM

Now - NO WORD, zero...

Here are some words...

https://bitcointalksearch.org/topic/m.2924021

That is nice to see, thanks for the post. Has Gox addressed this publicly though? Why just in a thread (and who are those characters? Any Gox affiliation?)

MagicalTux is Mark Karpeles if that is what you are asking.

Yeah, that was my question.

I still don't understand something - Why would Gox have said "No withdrawls for 2 weeks." and then say "We need another 2 weeks to catch up" around 1.5 months ago or so?
I get they don't want to panic people, but something isn't right with this. We don't hear about this same problem anywhere else, and though the volume of Gox is not on Stamp,
one would think withdrawal problems wouldn't be exclusive to Gox.

Note, in the chat he says "14:01 <@MagicalTux> sturles, we are not allowed to talk about the exact problem
(doing so would only make things worse)"

lucas.sev

sr. member

Activity: 252

Merit: 250

Quote from: Its About Sharing on August 19, 2013, 12:06:17 PM

Quote from: Kupsi on August 19, 2013, 07:44:06 AM

Quote from: Its About Sharing on August 19, 2013, 07:12:02 AM

Now - NO WORD, zero...

Here are some words...

https://bitcointalksearch.org/topic/m.2924021

That is nice to see, thanks for the post. Has Gox addressed this publicly though? Why just in a thread (and who are those characters? Any Gox affiliation?)

MagicalTux is Mark Karpeles if that is what you are asking.

NamelessOne

legendary

Activity: 840

Merit: 1000

Quote from: Its About Sharing on August 19, 2013, 12:06:17 PM

Quote from: Kupsi on August 19, 2013, 07:44:06 AM

Quote from: Its About Sharing on August 19, 2013, 07:12:02 AM

Now - NO WORD, zero...

Here are some words...

https://bitcointalksearch.org/topic/m.2924021

That is nice to see, thanks for the post. Has Gox addressed this publicly though? Why just in a thread (and who are those characters? Any Gox affiliation?)

While they have been improving, Gox has always been bad addressing the public and communicating. It is like they freeze up and get scared as to how people will react until finally it is too big of an issue and MUST be addressed. Doing this instead of having relieved the pressure earlier when the community wasn't as pissed. At least it always feels like that. Or... they just don't care. haha

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Quote from: Kupsi on August 19, 2013, 07:44:06 AM

Quote from: Its About Sharing on August 19, 2013, 07:12:02 AM

Now - NO WORD, zero...

Here are some words...

https://bitcointalksearch.org/topic/m.2924021

That is nice to see, thanks for the post. Has Gox addressed this publicly though? Why just in a thread (and who are those characters? Any Gox affiliation?)

lebing

legendary

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Enabling the maximal migration

Quote from: daburone on August 19, 2013, 11:10:19 AM

Does this graph indicate that the last 48 hours was a mini-bubble? What do you guys think?

Not a bubble, just normal arbitrage/ correction happening after a ridiculously large spike. Check out bitstamps price to see what i mean - it hasnt moved down there at all really.

barbs

hero member

Activity: 854

Merit: 1000

Quote from: joesmoe2012 on August 19, 2013, 11:20:10 AM

Quote from: ardana123 on August 19, 2013, 10:17:47 AM

Just a random question here. Since Gox supports several currencies, do those markets also adhere by the going exchanges rates of the dollar and the euro? For example, the dollar drops versus the euro one day, would the Gox market reflect this or would there be a significant delay of a few days?

Gox charges flat 2.5% "from their bank" to exchange, though as was pointed out earlier in another thread, often the spread between difference currencies on gox is <2.5%

This has been talked about before but the other currency markets have separate bid/ask walls and currencies. You can play the arb yourself sometimes, it has made money ie the GBP or EUR asks don't react as fast as USD market sometimes so I like to park currencies across usd/eur/gbp for those opportunities

stereotype

legendary

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Quote from: uhoh on August 19, 2013, 11:10:42 AM

Quote from: lucas.sev on August 19, 2013, 09:56:26 AM

Quote from: Rampion on August 19, 2013, 09:49:34 AM

Try making trades of +300 coins at Bitstamp without MAYOR slippage and then report back please...

Mayor Slippage Cool

http://www.youtube.com/watch?v=P6rSsRuZ-rE

joesmoe2012

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Ching-Chang;Ding-Dong

Quote from: ardana123 on August 19, 2013, 10:17:47 AM

Just a random question here. Since Gox supports several currencies, do those markets also adhere by the going exchanges rates of the dollar and the euro? For example, the dollar drops versus the euro one day, would the Gox market reflect this or would there be a significant delay of a few days?

Gox charges flat 2.5% "from their bank" to exchange, though as was pointed out earlier in another thread, often the spread between difference currencies on gox is <2.5%

uhoh

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