Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32901. (Read 26630367 times)

N12
donator
Activity: 1610
Merit: 1010
▼ mtgoxUSD    89.6700    
▼ bitstampUSD    83.7600    
▼ btceUSD    85.0000    

There is still a price differential of about 7% on MtGox-Bitstamp, unchanged.
member
Activity: 84
Merit: 10
Looks like MtGox is beginning to shake off its denial and join the ranks of the 80s. This is only the beginning.

Indeed...quite the fall in the last few minutes...in the 80s now...
N12
donator
Activity: 1610
Merit: 1010
Looks like MtGox is beginning to shake off its denial and join the ranks of the 80s. This is only the beginning.
sr. member
Activity: 252
Merit: 250
Damn bot just dumped 5000BTC.  Crazy!   Grin
N12
donator
Activity: 1610
Merit: 1010

No more triple digits for 2013.

Bloody troll!

How much have you shorted and @ what price?
I don't short Bitcoin, and I don't buy puts either, out of principle. It's just not worth it from a risk/reward perspective in my view, and Bitfinex etc. I find untrustworthy.
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!

No more triple digits for 2013.

Bloody troll!

How much have you shorted and @ what price?
sr. member
Activity: 252
Merit: 250

Nice delusions. When the banking issue is solved, we can finally have an impulsive drop to <50 because people will be able to actually withdraw, and the MtGox price will no longer be artificially inflated due to devalued mtgoxUSD.

I think there is some truth to this, although I'm not sure this in and of itself would cause a drop to 50.  Long term trends say were headed there anyway but I would expect gox to come more inline with Bitstamp pricing.  Just my guess.
N12
donator
Activity: 1610
Merit: 1010
look at that.. price goes down 3% OMG OMG OMG sell off..
price goes up 3% nothing.
people like to make a lot of noise when things drop. we'll see triple digits this year 100%.
Maybe on MtGox with their monopoly dollars. Cheesy

this is nothing. once mtgox clears up their whole banking issues prices will set over $200+
Nice delusions. When the banking issue is solved, we can finally have an impulsive drop to <50 because people will be able to actually withdraw, and the MtGox price will no longer be artificially inflated due to devalued mtgoxUSD.
hero member
Activity: 602
Merit: 500
look at that.. price goes down 3% OMG OMG OMG sell off..
price goes up 3% nothing. the rally was called when it went up a lot more than 3%
people like to make a lot of noise when things drop. we'll see triple digits this year 100%. 4-digits probably next year

this is nothing. once mtgox clears up their whole banking issues prices will set over $200+
N12
donator
Activity: 1610
Merit: 1010
MtGox falls, and the others fall as well, keeping the gap. Only MtGox remains in denial about the 90s.

▲ mtgoxUSD    94.2230    
▲ bitstampUSD    87.6500    
▲ btceUSD    87.5020    
sr. member
Activity: 252
Merit: 250
No, obviously only a fraction will be sold, and only a fraction of those instantly. However, the amount is so large that it's still significant. Also, you're going to see people try and front run them. We may already be seeing that.

Gotcha.   Wink
N12
donator
Activity: 1610
Merit: 1010
No, obviously only a fraction will be sold, and only a fraction of those instantly. However, the amount is so large that it's still significant. Also, you're going to see people try and front run them. We may already be seeing that.
sr. member
Activity: 252
Merit: 250
It's actually 155k BTC, not 126k if ColdHartMetal is correct.

Either way.

No more triple digits for 2013.

I'm certainly bearish and I'm just really hearing about this news but why in the world would you think that?  I'm not sure I follow the logic that 155kBTC are just going to get dumped on the market.  Unless I'm misunderstanding you. 

I'd venture to guess that most of the selling will come as was just stated, by people who think there will be big selloffs.
N12
donator
Activity: 1610
Merit: 1010
It's actually 155k BTC, not 126k if ColdHartMetal is correct.

Either way.

No more triple digits for 2013.
sr. member
Activity: 252
Merit: 250
Yeah, I find the bot theory really hard to believe....although I'd admit 1600 BTC is not a "sky is falling" moment.  Doesn't mean its not coming though.

I do to, and I run a bot.

Man, sure wish I had a bot.   Grin  That would be awesome.
legendary
Activity: 1904
Merit: 1002
Yeah, I find the bot theory really hard to believe....although I'd admit 1600 BTC is not a "sky is falling" moment.  Doesn't mean its not coming though.

I do to, and I run a bot.
sr. member
Activity: 252
Merit: 250
Yeah, I find the bot theory really hard to believe....although I'd admit 1600 BTC is not a "sky is falling" moment.  Doesn't mean its not coming though.
member
Activity: 70
Merit: 10
The satoshi dice selloff has started.
And for the first time in quite a few days, mtgox is finally following the downward trend set by bitstamp...


what? noone has even "received" their buyout..

just bots.. as usual.. nothing to see

What's that got to do with anything?
There are enough people around who can anticipate the effect this will have and are frontrunning.

I was already all in fiat anyway, but the first thing I did upon seeing the news was pulling my bid (it would have been filled by now otherwise).

I am convinced that the BTCs sold by satoshi dice shareholders will crash the market pretty severely. And so are alot of other people. It becomes a self fulfilling prophesy at that point...
hero member
Activity: 602
Merit: 500
Wow... I would NOT trust a bot with 1000+ BTC.

Especially if it relies on MtGox connection.

Even if someone would, I doubt they would trust it to sell that much at once without human input.

people have been doing it for a long time - they are *likely* up quite a bit on their *initial* investment.. so attempting to move the markets is a risky bet but one some are willing to play as it can pay off well with more coin
legendary
Activity: 1904
Merit: 1002
Wow... I would NOT trust a bot with 1000+ BTC.

Especially if it relies on MtGox connection.

Even if someone would, I doubt they would trust it to sell that much at once without human input.
Jump to: