Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32825. (Read 26611324 times)

legendary
Activity: 2271
Merit: 1363
And indeed it's true that only few Bitcoins that have left the visible order book on MtGox have hit Bitstamp so far.

Indeed. Tens of k's of BTC leaving Gox, but just very few hitting Bitstamp, that's interesting.

People holding or spending ? Maybe ? Well , naw , just preparing the next strike to drive the price down to the 40s...
legendary
Activity: 1442
Merit: 1000
Antifragile
And indeed it's true that only few Bitcoins that have left the visible order book on MtGox have hit Bitstamp so far.

Indeed. Tens of k's of BTC leaving Gox, but just very few hitting Bitstamp, that's interesting.

Why buy for more on Gox then considering no really selling on other exchanges?
legendary
Activity: 1148
Merit: 1018
And indeed it's true that only few Bitcoins that have left the visible order book on MtGox have hit Bitstamp so far.

Indeed. Tens of k's of BTC leaving Gox, but just very few hitting Bitstamp, that's interesting.
full member
Activity: 153
Merit: 100
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
legendary
Activity: 1834
Merit: 1019
After all in such countries "everything not allowed is forbidden" -- and as a result laws are generally ignored.


that much is true at least
legendary
Activity: 2271
Merit: 1363
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 ...
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
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.
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!

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.
sr. member
Activity: 444
Merit: 250
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
legendary
Activity: 1834
Merit: 1019

bitcoin illegal in thailand now :/

i understand that the thais' effect on global prices is quite minimal, but like, this does have psychological effects
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
hero member
Activity: 672
Merit: 500
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.
legendary
Activity: 1834
Merit: 1019
hero member
Activity: 672
Merit: 500
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?
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
This is going to be a good week...
legendary
Activity: 1834
Merit: 1019
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:
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
donator
Activity: 1610
Merit: 1010
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.
hero member
Activity: 564
Merit: 508
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.

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.

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.
legendary
Activity: 1904
Merit: 1002
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.
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