Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33220.

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: niothor on June 09, 2013, 07:20:55 AM

The only thing I'm currently concerned is that there is/are a dolphin (I find them cuter) who was able to manipulate once the market , when it was around 120.
If the price drops , even now at 90 , if he buys back he will get more BTC than he had and he can play his card better.

Now , if he keeps this game with 2 drops and then one buy a few times undisturbed he will slowly gain more influence ....
Of course we add around 3500 coins daily to compensate this , but, still an unhealty scenario.

A guy with enough bitcoins who is in only for gains , enough power to influence the price... sounds like a .. central b***.

If it's the same guy who dumps every sunday i don't see him buying anything back. He's getting out and depending on how many coins he has this could go on for a while.
You could think he does it on sunday morning to cause as little panic as possible.
If he was after a price drop to buy back more i'm pretty sure he would do it differently.

samson

legendary

Activity: 2097

Merit: 1070

Quote from: Branzig on June 09, 2013, 07:14:34 AM

I was totally watching the volume as I was on MT. GOX at open of the Market(US) and it kept rising Shocked

and it has stayed high all weekend, I figured somebody was buying it open and driving the price down Roll Eyes

. I remember this cause I was trading back and forth as I am not Verified yet, so I decided to convert my almost $500 into BTC and cash it out to my e-wallet, and then my BTC was gone 41 minutes into the 60 minutes to clear, I found it on the Blockchain and it is still there, still unclaimed and has a note on the right side referring to Verify, I am assuming Mt. Gox, froze the transaction, because I am still not verified, when I submitted the proper residence certificate that same day, I received an e-mail telling me I have to go to the bottom of the que everytime, so I hope I can still get my measly 4 BTC back.

Huh

-Branzig

I verified a couple of weeks back - it took 2 days.

If you have more than 1 account and hey find out (which they invariably do) they force you to verify before you can withdraw anything - this is quite common from what I've seen on the IRC support forum.

Branzig

sr. member

Activity: 316

Merit: 250

@WizardOfOre

Quote from: niothor on June 09, 2013, 07:20:55 AM

The only thing I'm currently concerned is that there is/are a dolphin (I find them cuter) who was able to manipulate once the market , when it was around 120.
If the price drops , even now at 90 , if he buys back he will get more BTC than he had and he can play his card better.

Now , if he keeps this game with 2 drops and then one buy a few times undisturbed he will slowly gain more influence ....
Of course we add around 3500 coins daily to compensate this , but, still an unhealty scenario.

A guy with enough bitcoins who is in only for gains , enough power to influence the price... sounds like a .. central b***.

I concur, massive resources...

niothor

hero member

Activity: 826

Merit: 501

in defi we trust

The only thing I'm currently concerned is that there is/are a dolphin (I find them cuter) who was able to manipulate once the market , when it was around 120.
If the price drops , even now at 90 , if he buys back he will get more BTC than he had and he can play his card better.

Now , if he keeps this game with 2 drops and then one buy a few times undisturbed he will slowly gain more influence ....
Of course we add around 3500 coins daily to compensate this , but, still an unhealty scenario.

A guy with enough bitcoins who is in only for gains , enough power to influence the price... sounds like a .. central b***.

Miner2000

member

Activity: 75

Merit: 10

thanks!!!! Wink

Quote from: lucas.sev on June 09, 2013, 07:10:13 AM

Quote from: Miner2000 on June 09, 2013, 07:08:38 AM

Is this real? https://i.imgur.com/jvBXpsi.png What is your opinion?

proven to be fake, sat was on the 8th

Quote from: ?? on ??

Quote from: Miner2000 on June 09, 2013, 07:08:38 AM

Is this real? https://i.imgur.com/jvBXpsi.png What is your opinion?

Nice non-existing ip subnet.

Branzig

sr. member

Activity: 316

Merit: 250

@WizardOfOre

I was totally watching the volume as I was on MT. GOX at open of the Market(US) and it kept rising Shocked

and it has stayed high all weekend, I figured somebody was buying it open and driving the price down Roll Eyes

. I remember this cause I was trading back and forth as I am not Verified yet, so I decided to convert my almost $500 into BTC and cash it out to my e-wallet, and then my BTC was gone 41 minutes into the 60 minutes to clear, I found it on the Blockchain and it is still there, still unclaimed and has a note on the right side referring to Verify, I am assuming Mt. Gox, froze the transaction, because I am still not verified, when I submitted the proper residence certificate that same day, I received an e-mail telling me I have to go to the bottom of the que everytime, so I hope I can still get my measly 4 BTC back.

Huh

-Branzig

MikkisJ

member

Activity: 126

Merit: 11

Quote from: lucas.sev on June 09, 2013, 07:06:51 AM

Quote from: MikkisJ on June 09, 2013, 07:04:56 AM

Interesting, $10,000,000 worth of BTC sold on a quiet Sunday morning. I have some coins and AM shares, bought mostly at $100-120, but I'm in for long run (5+ years), so crashes come and go, I'll worry only if there is real danger like bitcoin security weekness, hacking, slow adaptation or goverment ban on bitcoin.

Yes, repeat that and breathe deeply instead of selling and buying 20 dollars lower.

It might go down further 20 dollars, or not. I'm not going into short term speculation, too much hassle for me. I might sell some in a year or two if the price is right and I need a new car.

sarc

member

Activity: 98

Merit: 10

lucas.sev

sr. member

Activity: 252

Merit: 250

Quote from: Miner2000 on June 09, 2013, 07:08:38 AM

Is this real? https://i.imgur.com/jvBXpsi.png What is your opinion?

proven to be fake, sat was on the 8th

hahahafr

hero member

Activity: 938

Merit: 501

Quote from: Miner2000 on June 09, 2013, 07:08:38 AM

Is this real? https://i.imgur.com/jvBXpsi.png What is your opinion?

Time to go rogue guys.

Miner2000

member

Activity: 75

Merit: 10

Is this real? https://i.imgur.com/jvBXpsi.png What is your opinion?

Hunterbunter

hero member

Activity: 994

Merit: 1000

Quote from: Coinseeker on June 09, 2013, 06:26:35 AM

Quote from: niothor on June 09, 2013, 06:18:43 AM

Quote from: niothor on June 07, 2013, 09:56:21 PM

In other news we're still in the 109.9999 area.
Weekend is on and Bulls and Bears are already wasted.

But , there is still hope , remember what happend last Sunday morning? Grin

yaaawn ... so it actually happend..
It's gonna be interesting if we hit the real price trendline (13-30 area ?)

Where in the world did you come up with this price? I've always said 50-60 but 13-30?? Shocked

There's also long term logarithmic trend support between $20 and $28. That's the one that carried this entire bull market from $2.

Coinseeker

sr. member

Activity: 252

Merit: 250

Quote from: wachtwoord on June 09, 2013, 06:58:53 AM

Quote from: Coinseeker on June 09, 2013, 06:56:48 AM

I completely get that, which obviously changes sentiment. Right now, I'd sell everything I own to buy in at 13. But when faced with 13, I'd probably be wondering if this is the end for bitcoin and I'm about to throw away my money. Grin

Point being, sentiment can change really quick.

Nice blog-post related to this: http://www.whopperinvestments.com/value-investing-its-easy-until-you-do-it-by-yourself

That was a good read. It also lead to some other links on mental models, which should help his conclusion make even more sense. Thanks for this. Cool

lucas.sev

sr. member

Activity: 252

Merit: 250

Quote from: MikkisJ on June 09, 2013, 07:04:56 AM

Interesting, $10,000,000 worth of BTC sold on a quiet Sunday morning. I have some coins and AM shares, bought mostly at $100-120, but I'm in for long run (5+ years), so crashes come and go, I'll worry only if there is real danger like bitcoin security weekness, hacking, slow adaptation or goverment ban on bitcoin.

Yes, repeat that and breathe deeply instead of selling and buying 20 dollars lower.

MikkisJ

member

Activity: 126

Merit: 11

Interesting, $10,000,000 worth of BTC sold on a quiet Sunday morning. I have some coins and AM shares, bought mostly at $100-120, but I'm in for long run (5+ years), so crashes come and go, I'll worry only if there is real danger like bitcoin security weekness, hacking, slow adaptation or goverment ban on bitcoin.

ChartBuddy

legendary

Activity: 2352

Merit: 1819

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: Coinseeker on June 09, 2013, 06:56:48 AM

I completely get that, which obviously changes sentiment. Right now, I'd sell everything I own to buy in at 13. But when faced with 13, I'd probably be wondering if this is the end for bitcoin and I'm about to throw away my money. Grin

Point being, sentiment can change really quick.

Nice blog-post related to this: http://www.whopperinvestments.com/value-investing-its-easy-until-you-do-it-by-yourself

Coinseeker

sr. member

Activity: 252

Merit: 250

Quote from: samson on June 09, 2013, 06:53:56 AM

Quote from: Coinseeker on June 09, 2013, 06:46:59 AM

Quote from: samson on June 09, 2013, 06:37:51 AM

cut march/april out of the price graph , and see the trend for the last 2 years
Also when there is a panic drop, we will hit for a few the minimum of minimum , the dip , thats why the 13

Quote

A lot of other people are thinking the same by the looks of the bids - just look how many bids are on the order book between $10 and $14

How does sentiment factor into this though? I mean, if you ask anyone if they could buy say $50 coins, they'd say they are all in. I just think we would run into some serious buying pressure, long before 30 and certainly before 13. Not saying it's not possible, merely saying I don't think it takes into account other relevant information. I'm also not sure the bottom is the same anymore, with the number of new people. All that said, I won't complain. Grin

$10-$14 and even the $30 ranges are so far away right now that if we ever reach that far the order book will look very different by then.

I completely get that, which obviously changes sentiment. Right now, I'd sell everything I own to buy in at 13. But when faced with 13, I'd probably be wondering if this is the end for bitcoin and I'm about to throw away my money. Grin

Point being, sentiment can change really quick.

samson

legendary

Activity: 2097

Merit: 1070

Quote from: Coinseeker on June 09, 2013, 06:46:59 AM

Quote from: samson on June 09, 2013, 06:37:51 AM

cut march/april out of the price graph , and see the trend for the last 2 years
Also when there is a panic drop, we will hit for a few the minimum of minimum , the dip , thats why the 13

Quote

A lot of other people are thinking the same by the looks of the bids - just look how many bids are on the order book between $10 and $14

How does sentiment factor into this though? I mean, if you ask anyone if they could buy say $50 coins, they'd say they are all in. I just think we would run into some serious buying pressure, long before 30 and certainly before 13. Not saying it's not possible, merely saying I don't think it takes into account other relevant information. I'm also not sure the bottom is the same anymore, with the number of new people. All that said, I won't complain. Grin

$10-$14 and even the $30 ranges are so far away right now that if we ever reach that far the order book will look very different by then.

KS

sr. member

Activity: 448

Merit: 250

Quote from: lucas.sev on June 09, 2013, 06:51:52 AM

Quote from: KS on June 09, 2013, 06:51:13 AM

did the 90$ wall get bought or just moved down to 86?

bought

thx

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33220. (Read 26497754 times)