Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33837.

ManBearPig

sr. member

Activity: 350

Merit: 250

"Don't go in the trollbox, trollbox, trollbox"

Quote from: arepo on May 01, 2013, 04:41:54 AM

Quote from: ManBearPig on May 01, 2013, 04:40:03 AM

Quote from: el_rlee on May 01, 2013, 04:06:54 AM

It's astonishing what a little DDOS and an even smaller dump can do

Erm no, there has been no DDoS on Mt Gox for days now.

there was a DDoS performed by what seemed like a bot for about 15 min that brought gox lag up to approx. 10 min.

this occurred a few hours ago.

Can we be sure something that brief was a DDoS? Gox IS really bad at handling volume.

N12

donator

Activity: 1610

Merit: 1010

DDoS = Distributed Denial of Selloffs

arepo

sr. member

Activity: 448

Merit: 250

this statement is false

Quote from: AmazonStuff on May 01, 2013, 04:42:23 AM

IMHO $125 is VERY important, I will say just that, of course I'm not analyst and don't listen to me.

i am an analyst and i concur Wink

if we break $125, we're going to test $120 again. bulls better hope that holds, or else there be bears ahead.

AmazonStuff

hero member

Activity: 628

Merit: 500

Quote from: ?? on ??

Quote from: AmazonStuff on May 01, 2013, 04:28:35 AM

Quote from: ?? on ??

Quote from: AmazonStuff on May 01, 2013, 04:23:48 AM

Next 12h are very important...

why? may day and all that?

Indicators are screaming

what are they screaming?

IMHO $125 is VERY important, I will say just that, of course I'm not analyst and don't listen to me.

arepo

sr. member

Activity: 448

Merit: 250

this statement is false

Quote from: ManBearPig on May 01, 2013, 04:40:03 AM

Quote from: el_rlee on May 01, 2013, 04:06:54 AM

It's astonishing what a little DDOS and an even smaller dump can do

Erm no, there has been no DDoS on Mt Gox for days now.

there was a DDoS performed by what seemed like a bot for about 15 min that brought gox lag up to approx. 10 min.

this occurred a few hours ago.

cedivad

legendary

Activity: 1176

Merit: 1001

Quote from: Rampion on May 01, 2013, 04:37:55 AM

Arepo is stating facts. Don't really know why some of you are so shure on the sort term bull, when everything logically leads to the opposite.

+1

On the other side it looks like that rpietila can only profit when the market goes up; if so, he should take a one month long holiday.

Jaroslaw

member

Activity: 84

Merit: 10

supernode

Quote from: Rampion on May 01, 2013, 04:37:55 AM

Arepo is stating facts. Don't really know why some of you are so shure on the sort term bull, when everything logically leads to the opposite.

because they buy bitcoins at 150-160$ and loosking money... haha

ManBearPig

sr. member

Activity: 350

Merit: 250

"Don't go in the trollbox, trollbox, trollbox"

Quote from: el_rlee on May 01, 2013, 04:06:54 AM

It's astonishing what a little DDOS and an even smaller dump can do

Erm no, there has been no DDoS on Mt Gox for days now.

What you saw was Gox not being able to handle more than a few dozen simultaneous trades along with some selling off.

Rampion

legendary

Activity: 1148

Merit: 1018

Arepo is stating facts. Don't really know why some of you are so shure on the sort term bull, when everything logically leads to the opposite.

Jaroslaw

member

Activity: 84

Merit: 10

supernode

Quote from: ?? on ??

Quote from: AmazonStuff on May 01, 2013, 04:28:35 AM

Quote from: ?? on ??

Quote from: AmazonStuff on May 01, 2013, 04:23:48 AM

Next 12h are very important...

why? may day and all that?

Indicators are screaming

what are they screaming?

sell sell sell

Jaroslaw

member

Activity: 84

Merit: 10

supernode

testing 120$ wall soon Cheesy

i think its fake wall and will vanish

AmazonStuff

hero member

Activity: 628

Merit: 500

Quote from: ?? on ??

Quote from: AmazonStuff on May 01, 2013, 04:23:48 AM

Next 12h are very important...

why? may day and all that?

Indicators are screaming

wonkytonky

sr. member

Activity: 411

Merit: 250

Quote from: el_rlee on May 01, 2013, 04:06:54 AM

It's astonishing what a little DDOS and an even smaller dump can do

ddos wasnt a ddos.. it was just gox lag..

also.. it's the bigger guys.. just playing with us..

if people would put up more interesting ask offers after a dump.. we would recover much faster.. .. but there's always a lack of interesting asks.. after a dump.. which induces even more selling..

guess who's gonne put ask offers at higher prices when they just bought at lower price? right.. them big dudes.. this cycle seems to be looping over and over again.. until the resistence seems to stop it.

and now .. we the idiots are going to buy them same coins back at higher price .. and make rich dudes even richer..

ronaldlee0917

full member

Activity: 238

Merit: 100

Is there really a ddos? I can rather trade smoothly, just picked up a few cheap bitcoins

AmazonStuff

hero member

Activity: 628

Merit: 500

Next 12h are very important...

arepo

sr. member

Activity: 448

Merit: 250

this statement is false

Quote from: el_rlee on May 01, 2013, 04:06:54 AM

It's astonishing what a little DDOS and an even smaller dump can do

... these are not the only market forces coordinating this sell-off ...

this forum consistently underestimates the complexity of the price function, generally speaking. too many n00bs methinks.

stop thinking you know how shit works already and deign to try to figure some of it out, why dontchya?

DDoS and manipulator are both tinfoil hat responses -- they were involved but not solely responsible.

el_rlee

legendary

Activity: 1600

Merit: 1014

It's astonishing what a little DDOS and an even smaller dump can do

arepo

sr. member

Activity: 448

Merit: 250

this statement is false

Quote from: rpietila on May 01, 2013, 03:55:09 AM

Oh you people of little faith! About 1.5 million bitcoins (of the 11 million existing) are in the speculative weak hands. We owners of the larger stash, are busy preying on your smaller stash, and constantly buying more and more of it. Currently bitcoins are hardly even getting distributed in a serious way, since I and the likes of me can still easily live in luxury + earn more bitcoins doing it.

This is mathematically impossible to continue. Bitcoin price will rise

I can write you puts at $115 if you like. I am able to write for BTC500 at the moment. The price will be decided on by case basis. Preferably just one counterparty thank you.

this means bullish for the long-term, which i can agree with. unfortunately we are severely short-term overbought, are in the midst of a minibear, and are encroaching on an extremely important mid-term support. if you really want the market to do what you want, take your cash and put a wall at $120, else we'll possibly crash right through later today.

rpietila

donator

Activity: 1722

Merit: 1036

Oh you people of little faith! About 1.5 million bitcoins (of the 11 million existing) are in the speculative weak hands. We owners of the larger stash, are busy preying on your smaller stash, and constantly buying more and more of it. Currently bitcoins are hardly even getting distributed in a serious way, since I and the likes of me can still easily live in luxury + earn more bitcoins doing it.

This is mathematically impossible to continue. Bitcoin price will rise

I can write you puts at $115 if you like. I am able to write for BTC500 at the moment. The price will be decided on by case basis. Preferably just one counterparty thank you.

arepo

sr. member

Activity: 448

Merit: 250

this statement is false

Quote from: Jaroslaw on May 01, 2013, 03:42:43 AM

boom 130$ is gone. sell if you can.

we'll likely test $120 in the next 6 hours. bulls, pray that it holds -- because we're in for a rare bitcoin bear market otherwise...

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33837. (Read 26499499 times)