Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33414. (Read 26497052 times)
May 24, 2013, 01:37:57 PM
there we go again
May 24, 2013, 01:32:32 PM
So give me facts.
That's what I'm asking of you for god sake.
The reason why you said Btc price raise is related to the NIKKEI crash.
There wasn't enough time to get fresh money into exchangers after the news , people who already had enough money on gox and bitstamps would have bought yesterday , right?
If bitcoins were to go 7$ up for each negative news in the economy we would be hovering at 35k USD by now.
I've seen bitcoins rise and fall without reasons for so many times that I quit asking myself , WHY?
Of course , I asked myself why I (hadn't bought /sold) but thats different.
May 24, 2013, 01:19:50 PM
Looks like my dreams of early retirement may materialize this year!
when you hold AM, all dreams are filled
God among men.
May 24, 2013, 01:18:16 PM
Link, explanation, anything?
Some believe you can use those points, based on the fibonacci sequence, to determine support and resistance levels.
http://www.investopedia.com/ask/answers/05/fibonacciretracement.asp
May 24, 2013, 01:17:57 PM
Looks like my dreams of early retirement may materialize this year!
when you hold AM, all dreams are filled
Especially if you bought at IPO price. What an amazing return. And I just declined to buy when I was offered at 0.3BTC per share...
May 24, 2013, 01:17:38 PM
There is no reason for the sudden and dramatic rise in volume. Insider trading? My bet is that some traders have become aware of impending negative news regarding gox and want coins off the exchange. We've been on the edge since the Dwolla incident.
Is this some kind of advanced reverse psychology that you are speaking?
There was just a conference with lots of VC's there. So, some traders know of impending negative news and so are somehow driving the price up and risking lots of $$$ in the meantime?
You should write children's stories...
Come on, you can come up with something more factual that that. How about the Japanese stock market COLLAPSED by 12% yesterday and that is a sign that Quantitative Easing (aka planned hyperinflation) doesn't work.
Ok , let's hold the bulls a bit and be serious , with facts
NIKKEI is way higher than it was one month ago , even with the drop , ( not 12%) and currently is running green at +0.9%.
Let's not get into another Cyprus story
The Nikkei is up for a few reasons: 1 - They are printing A LOT more money there per suggestion from American Bankers. A LOT of that money goes into the stock market there, as it does in America. 2 - The artificially low interest rates create a situation where corporations are borrowing next to free money and buying back there stocks. Up 82% over last year. This reduces shares in the publics hands and therefor profits go up (with less shares to count for). 3. The artificially low interest rates cause savers to be penalized as savings is lowing value due to the inflationary environment. So, they put money in the stock market.
Now of course, the campaign to keep gold and silver down via naked puts is as strong as ever. They MUST not allow a rising gold/silver price to their money as the public knows the historical connection. So, they keep it down. See Gata.org.
Now, when you see the stock market fall 7% in one day, don't try to paint an inflationary induced rise in a positive way. It is up due to printing money, plain and simple.
When productivity goes down, unemployment up, etc. and the stock market is up HUGE, what the heck does that tell any sane person about the economy and the situation in general? We don't believe nor trust the what the government is saying, because we have learned better.
Don't get angry at me , but you just see things the way you want them to be , you're not analyzing you're just saying I'M RIGHT.
It has been debated for so long and proven that Cyprus had nothing to do with that price spike , now you're trying to find a "disaster" responsable for every bitcoin price raise.
Common , people running from Japan meltdown and buying ...33k BTC, 4 millions usd ? AMAZING SUM! For the cleaning lady maybe.
Ps. cut 200 coins out of those 33k , I bought those ones.
I'm not really sure what you are trying to say and I am not angry at you. I actually have quite fun posting here. It's hard to know what another is feeling by looking only at their words.
Anyway, if you haven't noticed, BTC is a sentiment indicator. The reason BTC is doing what it is doing right now is because global currencies are being inflated, manipulated, etc. People are tired of it and are looking for something they can trust. Enter BTC. You can't say the price of BTC went up right after Cyprus happened but didn't have anything to do with it and not back it up. That is a very very strong thing to say minus Strong evidence. Well, you just attacked my, in your words, "disaster" message and never gave any information to the contrary. You are sort of clearly exposed now. What is your point? To attack, then present the correct opinion and don't just use aggressive language to try an make your point. Emotion is concerned with winning, not with truth, quite often. So give me facts.
May 24, 2013, 01:09:28 PM
Hey, while I wasn't looking bitstamp punched through its resistance and is reaching new daily heights!
Cool
Cool
May 24, 2013, 01:09:17 PM
I'm thinking of switching from Bitstamp to Mt.Gox. It's kinda annoying that Bitstamp just doesn't seem to want to go up together with Mt.Gox. I feel there are a lot more trading opportunities on Gox. :/
That comes with liquidity
May 24, 2013, 01:09:08 PM
There is no reason for the sudden and dramatic rise in volume. Insider trading? My bet is that some traders have become aware of impending negative news regarding gox and want coins off the exchange. We've been on the edge since the Dwolla incident.
Is this some kind of advanced reverse psychology that you are speaking?
There was just a conference with lots of VC's there. So, some traders know of impending negative news and so are somehow driving the price up and risking lots of $$$ in the meantime?
You should write children's stories...
Come on, you can come up with something more factual that that. How about the Japanese stock market COLLAPSED by 12% yesterday and that is a sign that Quantitative Easing (aka planned hyperinflation) doesn't work.
Ok , let's hold the bulls a bit and be serious , with facts
NIKKEI is way higher than it was one month ago , even with the drop , ( not 12%) and currently is running green at +0.9%.
Let's not get into another Cyprus story
The Nikkei is up for a few reasons: 1 - They are printing A LOT more money there per suggestion from American Bankers. A LOT of that money goes into the stock market there, as it does in America. 2 - The artificially low interest rates create a situation where corporations are borrowing next to free money and buying back there stocks. Up 82% over last year. This reduces shares in the publics hands and therefor profits go up (with less shares to count for). 3. The artificially low interest rates cause savers to be penalized as savings is lowing value due to the inflationary environment. So, they put money in the stock market.
Now of course, the campaign to keep gold and silver down via naked puts is as strong as ever. They MUST not allow a rising gold/silver price to their money as the public knows the historical connection. So, they keep it down. See Gata.org.
Now, when you see the stock market fall 7% in one day, don't try to paint an inflationary induced rise in a positive way. It is up due to printing money, plain and simple.
When productivity goes down, unemployment up, etc. and the stock market is up HUGE, what the heck does that tell any sane person about the economy and the situation in general? We don't believe nor trust the what the government is saying, because we have learned better.
Don't get angry at me , but you just see things the way you want them to be , you're not analyzing you're just saying I'M RIGHT.
It has been debated for so long and proven that Cyprus had nothing to do with that price spike , now you're trying to find a "disaster" responsable for every bitcoin price raise.
Common , people running from Japan meltdown and buying ...33k BTC, 4 millions usd ? AMAZING SUM! For the cleaning lady maybe.
Ps. cut 200 coins out of those 33k , I bought those ones.
May 24, 2013, 01:08:45 PM
Any brave souls to call the top for today and call the weekend dip bottom?
May 24, 2013, 01:06:29 PM
I'm thinking of switching from Bitstamp to Mt.Gox. It's kinda annoying that Bitstamp just doesn't seem to want to go up together with Mt.Gox. I feel there are a lot more trading opportunities on Gox. :/
I don't want to end up with fiat on mt.gox that takes me a month to get out. Besides, often enough bitstamps lagging has kept me from making hasty trades, forcing me to ride out an upswing. Think of it as enforced trading discipline
Besides, fees at bitstamp are about half of mt.gox, and the whole enterprise seems to be run way more professionally. There is a reason both fiat and bitcoin at mt.gox are going down (I think of the Dwolla issue more as a catalyst to get that shift moving).
May 24, 2013, 01:04:58 PM
I'm thinking of switching from Bitstamp to Mt.Gox. It's kinda annoying that Bitstamp just doesn't seem to want to go up together with Mt.Gox. I feel there are a lot more trading opportunities on Gox. :/
Or use both? Bitstamp for cheap coins and MtGox for trading opportunities.
May 24, 2013, 01:02:06 PM
May 24, 2013, 01:01:48 PM
May 24, 2013, 01:00:37 PM
I'm thinking of switching from Bitstamp to Mt.Gox. It's kinda annoying that Bitstamp just doesn't seem to want to go up together with Mt.Gox. I feel there are a lot more trading opportunities on Gox. :/
May 24, 2013, 12:57:33 PM
mt.gox:
800BTC bid wall at 130.5, we were almost back to 132. I think it's gathering steam once more.
bitstamp:
still lagging behind short of 128
800BTC bid wall at 130.5, we were almost back to 132. I think it's gathering steam once more.
bitstamp:
still lagging behind short of 128
May 24, 2013, 12:50:48 PM
Looks like my dreams of early retirement may materialize this year!
May 24, 2013, 12:42:03 PM
All of a sudden I'm checking that blue line. Nah, we couldn't could we?
I'm still cautious, if we close above $130 today I shall do some sort of merry, little dance.
Further thoughts in a thread https://bitcointalksearch.org/topic/manbearpigs-annotated-updated-btcusd-chart-for-2013-may-24th-215267 in Speculation.
I'm still cautious, if we close above $130 today I shall do some sort of merry, little dance.
Further thoughts in a thread https://bitcointalksearch.org/topic/manbearpigs-annotated-updated-btcusd-chart-for-2013-may-24th-215267 in Speculation.
Thanks for the reminder, the chart and the laugh!
May 24, 2013, 12:39:33 PM
My suspicion is disprovable. We shall find out within a few days.
Now would be a good time to move coins among exchanges given the recent parity...
Now would be a good time to move coins among exchanges given the recent parity...
May 24, 2013, 12:38:21 PM
Sorry for the bad quality.
original video http://www.elrellano.com/videos_online/7198/fiesta-san-fermin.html
original video http://www.elrellano.com/videos_online/7198/fiesta-san-fermin.html
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