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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33126. (Read 26465686 times)

sr. member
Activity: 364
Merit: 250
"to be or not to be, that is the bitcoin"
2 walls at 115 and 125 on gox, channel not filling in between, looks like a stand off between bulls and bears.

on bitstamp on the other hand, still the enourmous ask walls, seem to be slowly creeping down. Interesting that the last couple days have seen stronger bids though on bitstamp than in the medium term past.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
Check this techcrunch article, it comes with the ultimate perma-bull calculator, you can tweak different variables in it (including % of success for BTC) and get how much one BTC will be worth.

http://techcrunch.com/2013/06/02/calculating-the-long-term-value-of-a-bitcoin/

I will tell you something: regardless of what you put in that calculator, it goes to high 4 digits, and it tells you:

BUY

I just entered 0.01% everywhere with 100% success rate and got $66.

What?? I cannot enter less than 1%

Well I can.
legendary
Activity: 1148
Merit: 1018
Check this techcrunch article, it comes with the ultimate perma-bull calculator, you can tweak different variables in it (including % of success for BTC) and get how much one BTC will be worth.

http://techcrunch.com/2013/06/02/calculating-the-long-term-value-of-a-bitcoin/

I will tell you something: regardless of what you put in that calculator, it goes to high 4 digits, and it tells you:

BUY

I just entered 0.01% everywhere with 100% success rate and got $66.

What?? I cannot enter less than 1%
hero member
Activity: 518
Merit: 500
newbie
Activity: 42
Merit: 0

why?

because

A - big players already dumped? So if they did already they naturally would do it again.
B - because there is some real deep reason to be dumping right now that we don't know about?
C - just for jokes

or

D - because they think bitcoin is a fad and it's not on fire anymore, only a bubble: http://www.youtube.com/watch?v=A7TuFy0fcuw&hd=1

or

E - because they believe lucif and the general "look at the 2011" past crew and expect a long downtrend despite whatever might be "different this time" https://bitcointalksearch.org/topic/m.2352736

or

F - something that I've clearly forgotten Smiley
Because they can't dump anything right now without the price dropping by 5 bucks right away?
hero member
Activity: 564
Merit: 508
15-min chart pretty ugly ... going down ?
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
Check this techcrunch article, it comes with the ultimate perma-bull calculator, you can tweak different variables in it (including % of success for BTC) and get how much one BTC will be worth.

http://techcrunch.com/2013/06/02/calculating-the-long-term-value-of-a-bitcoin/

I will tell you something: regardless of what you put in that calculator, it goes to high 4 digits, and it tells you:

BUY

I just entered 0.01% everywhere with 100% success rate and got $66.
sr. member
Activity: 364
Merit: 250
"to be or not to be, that is the bitcoin"
My bet is that big players are waiting for support to grow in 118-120 region and then they will dump.


why?

because

A - big players already dumped? So if they did already they naturally would do it again.
B - because there is some real deep reason to be dumping right now that we don't know about?
C - just for jokes

or

D - because they think bitcoin is a fad and it's not on fire anymore, only a bubble: http://www.youtube.com/watch?v=A7TuFy0fcuw&hd=1

or

E - because they believe lucif and the general "look at the 2011" past crew and expect a long downtrend despite whatever might be "different this time" https://bitcointalksearch.org/topic/m.2352736

or

F - something that I've clearly forgotten Smiley
legendary
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1148
Merit: 1018
Check this techcrunch article, it comes with the ultimate perma-bull calculator, you can tweak different variables in it (including % of success for BTC) and get how much one BTC will be worth.

http://techcrunch.com/2013/06/02/calculating-the-long-term-value-of-a-bitcoin/

I will tell you something: regardless of what you put in that calculator, it goes to high 4 digits, and it tells you:

BUY
hero member
Activity: 564
Merit: 508
sr. member
Activity: 252
Merit: 250
My bet is that big players are waiting for support to grow in 118-120 region and then they will dump.
legendary
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 155
Merit: 100
sr. member
Activity: 462
Merit: 250
I'll just leave this here:

sr. member
Activity: 252
Merit: 250
Look at that support we had at 120. Looks like a bear tried and failed AGAIN.


Yeah, 450BTC to push price down 3 dollars, rally time  Roll Eyes
sr. member
Activity: 462
Merit: 250
Look at that support we had at 120. Looks like a bear tried and failed AGAIN.
legendary
Activity: 1148
Merit: 1018
And here we have blockexplorer's reply:

https://blockexplorer.com/address/1LNWw6yCxkUmkhArb2Nf2MPw6vG7u5WG7q

(Disclaimer: only for the strong-hearted and cold-minded)

hero member
Activity: 574
Merit: 500
Well at least we can say that people are getting their bitcoins out of gox Smiley)
https://blockchain.info/address/1LNWw6yCxkUmkhArb2Nf2MPw6vG7u5WG7q
Final Balance    -700.50692598 BTC
lol what a wallet can have -BTC ??
Looks like bug.
A bug? In the blockchain?
OMG, SELL SELL SELL
Cheesy
Ripple's debt disease has infested the BTC blockchain! Shocked

Now besides the usually jokes , how the f** is this possible?

A little more realistic answer please!

It only calculates for the most recent however many transactions, which is normally sufficient but not for Gox's account?

[Edit: by 'it' I mean blockchain.info, not the actual blockchain  Grin ]

[Edit2: another possible answer, blockchain.info couldn't understand a few of the pay-in transactions, because https://bitcointalksearch.org/topic/who-is-creating-non-der-signatures-169620]

[Edit3: Balance just went up to -688. I've asked... https://bitcointalksearch.org/topic/why-does-blockchaininfo-think-gox-has-a-negative-balance-224479]
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