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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33464. (Read 26496382 times)

full member
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Always riding the Bull...
Any of y'all staying in San Jose tonight? If so, we should coordinate drinks- I'd love to hear everyone's post conference impressions..
full member
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RMBTB.com: The secure BTC:CNY exchange. 0% fee!


why would anyone dump after such a bountiful amount of positive news?


I don't think it's going to happen... not on bitstamp or gox... it would be ridiculously stupid.


Bitstamp those selling at 119+ will not sell lower because they bought their coins on gox around that price, and there is not any easy way to market sell a lot of coins on bitstamp anyway... price matching is pretty shite (not sure if I'm using the right terminology but I'm sure you get my point). On top of that, the bids are too thin to handle enough of a dump.

Gox... well, it's become apparent that wires work and their other accounts are fine, and that DHS is not going to run in with a swat team and a minivan to take gox servers away from Japan.

I believe it's calm because everyone is playing wait and see... once people realise there is nothing really to see, and that the infrastructure is really truely being built now... the only way is up. I will assume the only question is whether there is enough new money to push it up very high, or if it's likely to be more stable and cautious (while possibly leaving bistamp behind until those with the biggest amount of coins staying unsold probably end up moving back to gox after they resolve their paranoia).


My limited opinion, but honestly I don't see any reason for anyone to be too shaky right now at all.
Good opinion Smiley +1

+2

It's easy to deal with dumpers anyway -- just ignore them. And it looks to me that people have started doing just that. It's not the end of the fake panic / DDoS scares I'm sure... but regardless of how long they wait, the solution is still the same: ignore.

If they want to flush their already-cheap coins down the toilet, be my guest. Hope the door doesn't hit them on the way out.
legendary
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 798
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why would anyone dump after such a bountiful amount of positive news?


I don't think it's going to happen... not on bitstamp or gox... it would be ridiculously stupid.


Bitstamp those selling at 119+ will not sell lower because they bought their coins on gox around that price, and there is not any easy way to market sell a lot of coins on bitstamp anyway... price matching is pretty shite (not sure if I'm using the right terminology but I'm sure you get my point). On top of that, the bids are too thin to handle enough of a dump.

Gox... well, it's become apparent that wires work and their other accounts are fine, and that DHS is not going to run in with a swat team and a minivan to take gox servers away from Japan.

I believe it's calm because everyone is playing wait and see... once people realise there is nothing really to see, and that the infrastructure is really truely being built now... the only way is up. I will assume the only question is whether there is enough new money to push it up very high, or if it's likely to be more stable and cautious (while possibly leaving bistamp behind until those with the biggest amount of coins staying unsold probably end up moving back to gox after they resolve their paranoia).


My limited opinion, but honestly I don't see any reason for anyone to be too shaky right now at all.
Good opinion Smiley +1
legendary
Activity: 2352
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sr. member
Activity: 364
Merit: 250
"to be or not to be, that is the bitcoin"


why would anyone dump after such a bountiful amount of positive news?


I don't think it's going to happen... not on bitstamp or gox... it would be ridiculously stupid.


Bitstamp those selling at 119+ will not sell lower because they bought their coins on gox around that price, and there is not any easy way to market sell a lot of coins on bitstamp anyway... price matching is pretty shite (not sure if I'm using the right terminology but I'm sure you get my point). On top of that, the bids are too thin to handle enough of a dump.

Gox... well, it's become apparent that wires work and their other accounts are fine, and that DHS is not going to run in with a swat team and a minivan to take gox servers away from Japan.

I believe it's calm because everyone is playing wait and see... once people realise there is nothing really to see, and that the infrastructure is really truely being built now... the only way is up. I will assume the only question is whether there is enough new money to push it up very high, or if it's likely to be more stable and cautious (while possibly leaving bistamp behind until those with the biggest amount of coins staying unsold probably end up moving back to gox after they resolve their paranoia).


My limited opinion, but honestly I don't see any reason for anyone to be too shaky right now at all.
legendary
Activity: 2352
Merit: 1819
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legendary
Activity: 1904
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Trusted Bitcoiner
I don't know where the price is going in the short term but by year's end we will be higher than we are now.

Conference opened my eyes as to how much is actually going on around Bitcoin. Hearing Yifu speak today made me ultra bullish. ASIC mining ramp up is not far off.

I think most of us here have the intention to sell only if we believe we can buy back in the short term. Long term leaving fiat on any exchange or even Bitcoins is very risky.

I agree with you here, it's the short term future that I have grave concerns about.

investing in bitcoin in 2013 post bubble doesn't sound to bad.
everything will work out.
we will make damn sure of that  Wink

 Grin

legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
I don't know where the price is going in the short term but by year's end we will be higher than we are now.

Conference opened my eyes as to how much is actually going on around Bitcoin. Hearing Yifu speak today made me ultra bullish. ASIC mining ramp up is not far off.

I think most of us here have the intention to sell only if we believe we can buy back in the short term. Long term leaving fiat on any exchange or even Bitcoins is very risky.

I agree with you here, it's the short term future that I have grave concerns about.

By its very implication it will be short term whatever it is.

Most of us now days are so impatient. Even I am guilty of this sometimes.
legendary
Activity: 2097
Merit: 1070
I don't know where the price is going in the short term but by year's end we will be higher than we are now.

Conference opened my eyes as to how much is actually going on around Bitcoin. Hearing Yifu speak today made me ultra bullish. ASIC mining ramp up is not far off.

I think most of us here have the intention to sell only if we believe we can buy back in the short term. Long term leaving fiat on any exchange or even Bitcoins is very risky.

I agree with you here, it's the short term future that I have grave concerns about.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
I don't know where the price is going in the short term but by year's end we will be higher than we are now.

Conference opened my eyes as to how much is actually going on around Bitcoin. Hearing Yifu speak today made me ultra bullish. ASIC mining ramp up is not far off.

I think most of us here have the intention to sell only if we believe we can buy back in the short term. Long term leaving fiat on any exchange or even Bitcoins is very risky.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 2097
Merit: 1070
Mmm... I'm a bit worried about the possibility of a violent price drop which appears to be around the corner.

Mtgox' price is 10% inflated, presumably due to high demand of bitcoins for quicker withdraws. So I went and check the other markets, and saw this at bitstamp:



This is not looking very good. I'm not planing to sell the bulk of my bitcoins anytime soon nor am much into trading. Doesn't this feel like th calm before the storm? Is it only me?

It does feel like the calm before the storm.

These people will only wait so long before some of them start dumping, then who knows what follows.
legendary
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donator
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I'm liking chart Buddy's new angle. Much better.

Literally Smiley


Yep, this frontal angle is a lot clearer.
member
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I'm liking chart Buddy's new angle. Much better.
legendary
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420
hero member
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Why is the mt. gox price much higher than other exchanges if it is harder to get $ onto gox now
I was wondering the same thing.
People with $USD in Gox are bidding up BTC so they can transfer out of Gox.

bitstamp now has near 25% the volume of Gox
hero member
Activity: 770
Merit: 566
fractally
Why is the mt. gox price much higher than other exchanges if it is harder to get $ onto gox now
I was wondering the same thing.
People with $USD in Gox are bidding up BTC so they can transfer out of Gox.
hero member
Activity: 530
Merit: 500
Why is the mt. gox price much higher than other exchanges if it is harder to get $ onto gox now
I was wondering the same thing.
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