Just so everybody knows, if you have an iphone, and you do a local iTunes backup AND ENABLED ENCRYPTION, it will backup google auth too. Everytiem you plug in your phone it will create a backup. You can then restore that backup to a second iPhone (i use an old one, just as an extra copy).
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32755. (Read 26709049 times)
August 15, 2013, 11:49:50 AM
August 15, 2013, 11:35:11 AM
virtex is in dire need of my money, why won't they just credit my account already! 
lol
lol
August 15, 2013, 10:10:21 AM
nevermind, resolved it myself, some weird shit going on
in other news, looks like some small fish are doing some arbitrage
in other news, looks like some small fish are doing some arbitrage
good, let his money rest at gox forever.
me thinks that if someone would want to accumulate bitcoins he would wait for the price to drop like it was doing some time ago. and then buy cheap.
August 15, 2013, 09:07:13 AM
nevermind, resolved it myself, some weird shit going on
in other news, looks like some small fish are doing some arbitrage
in other news, looks like some small fish are doing some arbitrage
August 15, 2013, 09:03:33 AM
So i got a new smartphone, tried to delete my old google authenticator from my gox account in order to add a new one to my new smartphone. It wouldn't let me link the new OTP to the login and withdrawal, it just said invalid OTP. So i tried logging back in order to see if that fixes it, and now it won't let me login at all anymore. I also have an mtgox yubikey linked to the login/withdrawal...but it just says invalid OTP when i use it. Fucking gay site really.
Hope this help: https://www.youtube.com/watch?v=yFlOIRX3KOA August 15, 2013, 08:55:05 AM
So i got a new smartphone, tried to delete my old google authenticator from my gox account in order to add a new one to my new smartphone. It wouldn't let me link the new OTP to the login and withdrawal, it just said invalid OTP. So i tried logging back in order to see if that fixes it, and now it won't let me login at all anymore. I also have an mtgox yubikey linked to the login/withdrawal...but it just says invalid OTP when i use it. Fucking gay site really.
August 15, 2013, 08:05:11 AM
Actually, feds fighting BTC is bullish news for me. The easiest way to marginalize BTC is to crash the price to the bottom,
then buy back, repeat. So the feds could slowly buy 100K BTC, driving the price up to maybe 130 $, then dump in 5 sub-waves.
When price will reach 20 $, buy back. And repeat until price is under 1 $, then 99% of people will learn to stay away from BTC.
then buy back, repeat. So the feds could slowly buy 100K BTC, driving the price up to maybe 130 $, then dump in 5 sub-waves.
When price will reach 20 $, buy back. And repeat until price is under 1 $, then 99% of people will learn to stay away from BTC.
I doubt that would work well. 100k might not be enough to slam price to $20 and buying them might well ignite quite a rally well above $130.
They would need some futures market or etf or whatever accessible to JP Morgan allowing them the use of fiat for price manipulation.
I was talking hypothetically. In the current situation, trying to buy 100k at Fort Gox could trigger a panic buy that might reach 4,000$ / coin (or more).
But I suspect the feds, in some form, are already hindering $ outflow from Gox. Like the banksters and Gox's incompetent management weren't enough...
August 15, 2013, 07:40:49 AM
Actually, feds fighting BTC is bullish news for me. The easiest way to marginalize BTC is to crash the price to the bottom,
then buy back, repeat. So the feds could slowly buy 100K BTC, driving the price up to maybe 130 $, then dump in 5 sub-waves.
When price will reach 20 $, buy back. And repeat until price is under 1 $, then 99% of people will learn to stay away from BTC.
then buy back, repeat. So the feds could slowly buy 100K BTC, driving the price up to maybe 130 $, then dump in 5 sub-waves.
When price will reach 20 $, buy back. And repeat until price is under 1 $, then 99% of people will learn to stay away from BTC.
I doubt that would work well. 100k might not be enough to slam price to $20 and buying them might well ignite quite a rally well above $130.
They would need some futures market or etf or whatever accessible to JP Morgan allowing them the use of fiat for price manipulation.
August 15, 2013, 07:25:58 AM
What I don't get about this whole story is how this is profitable.
He bought ~8000 coins on the way from $113 to $115 and almost 2k of them for $115.
During this time ~6000 coins got sold, alot of them in his walls for ~$113.
So let's just say he ended up with ~10000 coins for an average price of $114.
Today someone pushed us back down to $110.5, now we're at $111.
So right now he lost about $30000...
Am I missing something?
He bought ~8000 coins on the way from $113 to $115 and almost 2k of them for $115.
During this time ~6000 coins got sold, alot of them in his walls for ~$113.
So let's just say he ended up with ~10000 coins for an average price of $114.
Today someone pushed us back down to $110.5, now we're at $111.
So right now he lost about $30000...
Am I missing something?
How silly can you get to think that all these transactions are done by the same person?
If there is almost no activity in the market and suddently 2000 coins get bought in like 2 seconds and half a second later a 1300 coins wall pops up and another 2000 coins get bought and another 1300 wall pops up and another 2000 coins get bought and another wall pops up...
It's quite obvious I think.
August 15, 2013, 07:03:10 AM
What I don't get about this whole story is how this is profitable.
He bought ~8000 coins on the way from $113 to $115 and almost 2k of them for $115.
During this time ~6000 coins got sold, alot of them in his walls for ~$113.
So let's just say he ended up with ~10000 coins for an average price of $114.
Today someone pushed us back down to $110.5, now we're at $111.
So right now he lost about $30000...
Am I missing something?
He bought ~8000 coins on the way from $113 to $115 and almost 2k of them for $115.
During this time ~6000 coins got sold, alot of them in his walls for ~$113.
So let's just say he ended up with ~10000 coins for an average price of $114.
Today someone pushed us back down to $110.5, now we're at $111.
So right now he lost about $30000...
Am I missing something?
How silly can you get to think that all these transactions are done by the same person?
August 15, 2013, 07:02:51 AM
August 15, 2013, 07:01:58 AM
I don't get it either. It was all doom and gloom until 65 then bam, uptrend. Did I miss capitulation?
What do these HNW guys know is coming? Always more questions than answers.
What do these HNW guys know is coming? Always more questions than answers.
August 15, 2013, 06:53:38 AM
I don't think the MtGox situation has been that big an issue, worldwide, since early July's capitulation. If you look at the pattern of ask-wall busting whale purchases and ensuing bid-walls, they seem to be the work of a single entity. The modus operandi has been consistent through several major ask-wall breakthroughs.
Do you really think someone with the resources to organize such a concerted effort is restricted by some petty exchange difficulties.
It's probably either governmental, corporate or military. It's almost surely not speculators.
I give almost zero weighting to it being government or military, and a very,very low weight to it being corporate. One HNW individual, yeah, possible. A few acting together or independently, more probable.
I am not sure why you seem to think that the effort involved to buy BTC and put up bid walls is so great - it's not exactly rocket science if you have the cash and coins.
If Gox is a non-issue, why the growing price differential between Fort Gox and other exchanges ?
Don't discount one or a few HNW individuals. A lot of these people needed to be smart and non-risk averse to become wealthy in the first place. I think larger corporations won't do this: for the person making the decision there is little to gain and so much to lose. It's just like politics, don't be too edgy and don't stick out too much and you'll survive a hell of a lot longer.
What I don't get about this whole story is how this is profitable.
He bought ~8000 coins on the way from $113 to $115 and almost 2k of them for $115.
During this time ~6000 coins got sold, alot of them in his walls for ~$113.
So let's just say he ended up with ~10000 coins for an average price of $114.
Today someone pushed us back down to $110.5, now we're at $111.
So right now he lost about $30000...
Am I missing something?
August 15, 2013, 06:14:07 AM
Triple top forming since the first started at the end of July? Third peak on falling volume. Thoughts?
It looks like Bitstamp is struggling to stay over $100, with the 3rd attempt within 24 hours barely touching it (so far).
Incidentally, this looks a bit like a 24h triple top and a 1m triple top combining. Are we going to see a fall to 90-95 or will $100 be fully breached regardless?
EDIT: I notice there is about 5k BTC asks sitting between $100 and $101 too on Bitstamp.
August 15, 2013, 06:03:15 AM
August 15, 2013, 05:39:15 AM
I don't think the MtGox situation has been that big an issue, worldwide, since early July's capitulation. If you look at the pattern of ask-wall busting whale purchases and ensuing bid-walls, they seem to be the work of a single entity. The modus operandi has been consistent through several major ask-wall breakthroughs.
Do you really think someone with the resources to organize such a concerted effort is restricted by some petty exchange difficulties.
It's probably either governmental, corporate or military. It's almost surely not speculators.
I give almost zero weighting to it being government or military, and a very,very low weight to it being corporate. One HNW individual, yeah, possible. A few acting together or independently, more probable.
I am not sure why you seem to think that the effort involved to buy BTC and put up bid walls is so great - it's not exactly rocket science if you have the cash and coins.
If Gox is a non-issue, why the growing price differential between Fort Gox and other exchanges ?
Don't discount one or a few HNW individuals. A lot of these people needed to be smart and non-risk averse to become wealthy in the first place. I think larger corporations won't do this: for the person making the decision there is little to gain and so much to lose. It's just like politics, don't be too edgy and don't stick out too much and you'll survive a hell of a lot longer.
August 15, 2013, 05:03:14 AM
August 15, 2013, 04:03:16 AM
August 15, 2013, 03:10:37 AM
I do like that 105 wall now
August 15, 2013, 03:03:09 AM
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