Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33216. (Read 26711507 times)
June 24, 2013, 05:00:12 AM
June 24, 2013, 04:32:18 AM
I think since the cash out problems at Mt Gox Bitstamp immediately anticipated Gox coins coming over again to cash out and so the price went back to the latest strong support level there. I think all the movement we're seeing now is uncertainty because of these problems, the price will probably hover between 98-110 with very low volume until the two week period is over. Then depending on how the issue is resolved we'll either see a sell off to test support at 90 or we're going back to test the 115 high.
Let's hope it really is a "two week" period..
June 24, 2013, 04:29:56 AM
I think since the cash out problems at Mt Gox Bitstamp immediately anticipated Gox coins coming over again to cash out and so the price went back to the latest strong support level there. I think all the movement we're seeing now is uncertainty because of these problems, the price will probably hover between 98-110 with very low volume until the two week period is over. Then depending on how the issue is resolved we'll either see a sell off to test support at 90 or we're going back to test the 115 high.
June 24, 2013, 04:29:18 AM
voodah and f73,
Yes, there is support at 100. All support has a huge psychological component but 100 is a bit key (3 digits vs 2).
Looking at how things have been lately, I just don't see it holding mid term. I have the feeling that we are in a short - mid
term bear market (really a correction from the huge up move we made but it will take time to work itself out.)
Anything can happen though - some banks collapsing, another war, stock market collapse, etc. and BTC goes on the run again.
But from a technical perspective, it is down we go imo.
Yes, there is support at 100. All support has a huge psychological component but 100 is a bit key (3 digits vs 2).
Looking at how things have been lately, I just don't see it holding mid term. I have the feeling that we are in a short - mid
term bear market (really a correction from the huge up move we made but it will take time to work itself out.)
Anything can happen though - some banks collapsing, another war, stock market collapse, etc. and BTC goes on the run again.
But from a technical perspective, it is down we go imo.
I would not overestimate the 100$ psychological bar. There's quite some true resistance from 100$ to 80$, we've seen that.
Anything is possible. For instance i would not exclude a third (growing) low within 90$-100$ range.
EDIT: back to 105$ again. 100$-105$ may become a profitable channel.
June 24, 2013, 04:26:00 AM
voodah and f73,
Yes, there is support at 100. All support has a huge psychological component but 100 is a bit key (3 digits vs 2).
Looking at how things have been lately, I just don't see it holding mid term. I have the feeling that we are in a short - mid
term bear market (really a correction from the huge up move we made but it will take time to work itself out.)
Anything can happen though - some banks collapsing, another war, stock market collapse, etc. and BTC goes on the run again.
But from a technical perspective, it is down we go imo.
Yes, there is support at 100. All support has a huge psychological component but 100 is a bit key (3 digits vs 2).
Looking at how things have been lately, I just don't see it holding mid term. I have the feeling that we are in a short - mid
term bear market (really a correction from the huge up move we made but it will take time to work itself out.)
Anything can happen though - some banks collapsing, another war, stock market collapse, etc. and BTC goes on the run again.
But from a technical perspective, it is down we go imo.
Yup, it looks bleaker every day. I agree.
I should note, like most around here, I am a HUGE BTC Bull. But I can't say the recent trend is bullish. I even got out of my LTC position this morning as it hit my mental stop and after having more thoughts on where BTC is going and the two being too tied together, it just didn't make sense to hold LTC.
Depending on world events (and that is a huge IF), I say we are in a downward sideways channel through Summer and partly into fall or there abouts.
June 24, 2013, 04:22:52 AM
voodah and f73,
Yes, there is support at 100. All support has a huge psychological component but 100 is a bit key (3 digits vs 2).
Looking at how things have been lately, I just don't see it holding mid term. I have the feeling that we are in a short - mid
term bear market (really a correction from the huge up move we made but it will take time to work itself out.)
Anything can happen though - some banks collapsing, another war, stock market collapse, etc. and BTC goes on the run again.
But from a technical perspective, it is down we go imo.
Yes, there is support at 100. All support has a huge psychological component but 100 is a bit key (3 digits vs 2).
Looking at how things have been lately, I just don't see it holding mid term. I have the feeling that we are in a short - mid
term bear market (really a correction from the huge up move we made but it will take time to work itself out.)
Anything can happen though - some banks collapsing, another war, stock market collapse, etc. and BTC goes on the run again.
But from a technical perspective, it is down we go imo.
Yup, it looks bleaker every day. I agree.
June 24, 2013, 04:19:56 AM
voodah and f73,
Yes, there is support at 100. All support has a huge psychological component but 100 is a bit key (3 digits vs 2).
Looking at how things have been lately, I just don't see it holding mid term. I have the feeling that we are in a short - mid
term bear market (really a correction from the huge up move we made but it will take time to work itself out.)
Anything can happen though - some banks collapsing, another war, stock market collapse, etc. and BTC goes on the run again.
But from a technical perspective, it is down we go imo.
Yes, there is support at 100. All support has a huge psychological component but 100 is a bit key (3 digits vs 2).
Looking at how things have been lately, I just don't see it holding mid term. I have the feeling that we are in a short - mid
term bear market (really a correction from the huge up move we made but it will take time to work itself out.)
Anything can happen though - some banks collapsing, another war, stock market collapse, etc. and BTC goes on the run again.
But from a technical perspective, it is down we go imo.
June 24, 2013, 04:06:19 AM
Mark Karpeles uploaded a video showing what it takes to run a service like Mt Gox: http://www.youtube.com/watch?v=8d4RtvMQp10
looool good one!
June 24, 2013, 04:01:18 AM
Interesting, there is support at 100. You can see the spread between Gox and Bitstamp narrowing. Bitstamp doesn't want to go much below 100.
I have a feeling once we go below 100, it opens up a large drop potentially. It will be our third test in the last 3 weeks.
Next support seems to be in the low 90's, then $82 ish, then $68, then $60, $50, $20s (according to me ;-)
I have a feeling once we go below 100, it opens up a large drop potentially. It will be our third test in the last 3 weeks.
Next support seems to be in the low 90's, then $82 ish, then $68, then $60, $50, $20s (according to me ;-)
We've been up and down 100 these last few weeks. My real fear is if we go below 90 or even your 82 ish.
Double digits could set in for a long time.
June 24, 2013, 04:00:01 AM
June 24, 2013, 03:59:17 AM
Interesting, there is support at 100. You can see the spread between Gox and Bitstamp narrowing. Bitstamp doesn't want to go much below 100.
I have a feeling once we go below 100, it opens up a large drop potentially. It will be our third test in the last 3 weeks.
Next support seems to be in the low 90's, then $82 ish, then $68, then $60, $50, $20s (according to me ;-)
I have a feeling once we go below 100, it opens up a large drop potentially. It will be our third test in the last 3 weeks.
Next support seems to be in the low 90's, then $82 ish, then $68, then $60, $50, $20s (according to me ;-)
It should go under 100$ before.
Not saying it won't, but for the moment i'd say we're close to the recent movement bottom.
June 24, 2013, 03:56:13 AM
Interesting, there is support at 100. You can see the spread between Gox and Bitstamp narrowing. Bitstamp doesn't want to go much below 100.
I have a feeling once we go below 100, it opens up a large drop potentially. It will be our third test in the last 3 weeks.
Next support seems to be in the low 90's, then $82 ish, then $68, then $60, $50, $20s (according to me ;-)
I have a feeling once we go below 100, it opens up a large drop potentially. It will be our third test in the last 3 weeks.
Next support seems to be in the low 90's, then $82 ish, then $68, then $60, $50, $20s (according to me ;-)
June 24, 2013, 03:56:02 AM
10k btc to 100$ i think i might sell this ammount and wait 2 weekes to windraw
Don't talk, just dump it
must transfer btc to gox first, chill dude
Tell us the exact time you're going to dump it, then dump it. Only then will I believe you.
Otherwise you're just another internet moron all talk, and no money.
You wll know when the price hit the 100$, Otherwise send me 10BTCto know exact date.
Suave.
Kurwa.
He just called me a whore in polish.
Nice fella. Not shady at all..
June 24, 2013, 03:54:11 AM
10k btc to 100$ i think i might sell this ammount and wait 2 weekes to windraw
Don't talk, just dump it
must transfer btc to gox first, chill dude
Tell us the exact time you're going to dump it, then dump it. Only then will I believe you.
Otherwise you're just another internet moron all talk, and no money.
You wll know when the price hit the 100$, Otherwise send me 10BTCto know exact date.
Suave.
Kurwa.
June 24, 2013, 03:53:27 AM
10k btc to 100$ i think i might sell this ammount and wait 2 weekes to windraw
Don't talk, just dump it
must transfer btc to gox first, chill dude
Tell us the exact time you're going to dump it, then dump it. Only then will I believe you.
Otherwise you're just another internet moron all talk, and no money.
You wll know when the price hit the 100$, Otherwise send me 10BTCto know exact date.
Suave.
June 24, 2013, 03:52:19 AM
10k btc to 100$ i think i might sell this ammount and wait 2 weekes to windraw
Don't talk, just dump it
must transfer btc to gox first, chill dude
Tell us the exact time you're going to dump it, then dump it. Only then will I believe you.
Otherwise you're just another internet moron all talk, and no money.
You wll know when the price hit the 100$, Otherwise send me 10BTCto know exact date.
June 24, 2013, 03:50:05 AM
10k btc to 100$ i think i might sell this ammount and wait 2 weekes to windraw
Don't talk, just dump it
must transfer btc to gox first, chill dude
Tell us the exact time you're going to dump it, then dump it. Only then will I believe you.
Otherwise you're just another internet moron all talk, and no money.
June 24, 2013, 03:42:33 AM
Mark Karpeles uploaded a video showing what it takes to run a service like Mt Gox: http://www.youtube.com/watch?v=8d4RtvMQp10
LOL
June 24, 2013, 03:41:26 AM
http://t.co/r9BbyijSrs
Dear Mt. Gox Customers
Early this morning at 4am Tokyo time Mt. Gox experienced some downtime that prevented customers from accessing the site. The issue was not an attack, but rather a system error that caused the problem. We were alerted to an error in the file system that had triggered a kernal panic, resulting in a server freeze. At that point we had to restart the server manually and proceeded with a fsck (file system check) which took some time. Once the server was clear we restarted the system.
We are well aware that this kind of problem should not normally occur. We are currently in the process of migrating our server from a hosting provider to our own data center, and as soon as we have completed the move such problems should not repeat themselves in the future.
We apologise for any inconvenience caused to our customers who were trying to use our services during this period
Regards,
Mt Gox Team
Dear Mt. Gox Customers
Early this morning at 4am Tokyo time Mt. Gox experienced some downtime that prevented customers from accessing the site. The issue was not an attack, but rather a system error that caused the problem. We were alerted to an error in the file system that had triggered a kernal panic, resulting in a server freeze. At that point we had to restart the server manually and proceeded with a fsck (file system check) which took some time. Once the server was clear we restarted the system.
We are well aware that this kind of problem should not normally occur. We are currently in the process of migrating our server from a hosting provider to our own data center, and as soon as we have completed the move such problems should not repeat themselves in the future.
We apologise for any inconvenience caused to our customers who were trying to use our services during this period
Regards,
Mt Gox Team
And I thought they use a shared hosting.
Mark Karpeles uploaded a video showing what it takes to run a service like Mt Gox: http://www.youtube.com/watch?v=8d4RtvMQp10
June 24, 2013, 03:30:01 AM
http://t.co/r9BbyijSrs
Dear Mt. Gox Customers
Early this morning at 4am Tokyo time Mt. Gox experienced some downtime that prevented customers from accessing the site. The issue was not an attack, but rather a system error that caused the problem. We were alerted to an error in the file system that had triggered a kernal panic, resulting in a server freeze. At that point we had to restart the server manually and proceeded with a fsck (file system check) which took some time. Once the server was clear we restarted the system.
We are well aware that this kind of problem should not normally occur. We are currently in the process of migrating our server from a hosting provider to our own data center, and as soon as we have completed the move such problems should not repeat themselves in the future.
We apologise for any inconvenience caused to our customers who were trying to use our services during this period
Regards,
Mt Gox Team
Dear Mt. Gox Customers
Early this morning at 4am Tokyo time Mt. Gox experienced some downtime that prevented customers from accessing the site. The issue was not an attack, but rather a system error that caused the problem. We were alerted to an error in the file system that had triggered a kernal panic, resulting in a server freeze. At that point we had to restart the server manually and proceeded with a fsck (file system check) which took some time. Once the server was clear we restarted the system.
We are well aware that this kind of problem should not normally occur. We are currently in the process of migrating our server from a hosting provider to our own data center, and as soon as we have completed the move such problems should not repeat themselves in the future.
We apologise for any inconvenience caused to our customers who were trying to use our services during this period
Regards,
Mt Gox Team
And I thought they use a shared hosting.
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