Bidding Wars!! Bitcoin Edition.
Whole episode is just people screaming at their monitors, typing and clicking pretty fast, etc.
Hey, for what passes these days as reality and things like Storage Wars, you have to someone out there would like it!
Topic: Wall Observer - MtGoxUSD wall movement tracker - page 357. (Read 1811607 times)
Are we into the Cryptocurrency Wars now? Litecoin advocates tryna step up?
You're wasting your time, underground_. BitcoinTip was caught lying several times in the past few days, red-handed. He or she is not gonna pay into escrow unless its one of the sockpuppets.
Hello. I see that you've predicted that the $/btc will be less than $50 in two weeks. You seem like a very intelligent man. Would you like to make a small bet with me?
How about a large bet?
How much is large?
Would 20 btc each be large enough?
I'm in. Signed and sealed.
See you on April 12th.
We need escrow.
I'll get in on that as well. 20BTC that the price won't dip below $50 before April 12th.
Hello. I see that you've predicted that the $/btc will be less than $50 in two weeks. You seem like a very intelligent man. Would you like to make a small bet with me?
How about a large bet?
How much is large?
Would 20 btc each be large enough?
I'm in. Signed and sealed.
See you on April 12th.
omg lol!
this is a joke right?
Hello. I see that you've predicted that the $/btc will be less than $50 in two weeks. You seem like a very intelligent man. Would you like to make a small bet with me?
How about a large bet?
Go on, I'm listening.
Hello. I see that you've predicted that the $/btc will be less than $50 in two weeks. You seem like a very intelligent man. Would you like to make a small bet with me?
How about a large bet?
How much is large?
Would 20 btc each be large enough?
I'm in. Signed and sealed.
See you on April 12th.
"Better sell 20k BTC all at once to cause a panic, since it worked the last 5 times." :bearlogic:
"Better sell at $78 because crashes never rebound." :bearlogic:
"Better sell at $90 now that it's up here again, because this is just another bulltrap. This time is different from the last 5 times!" :bearlogic:
"Better sell at $78 because crashes never rebound." :bearlogic:
"Better sell at $90 now that it's up here again, because this is just another bulltrap. This time is different from the last 5 times!" :bearlogic:
Maybe the dumpers have some big Easter plans and wanted to empty their rectums before they leave???
Bears, what's the problem? Do you mean instead of a 1/3 retracement, we'll have to settle for a 1/4 retracement? Come on, try harder, my fiats are ready, but not ready for such gimmicks?
Depth to $70 back up to what it was before the crash 
Suck it bears!
Suck it bears!
I think it's interesting that we see these flash crashes but not so much the opposite, the price running up crazy followed by a rapid return to normal. I'm sure it means something, probably about psychology & stuff. If I believed in TA, I might name it something and spout some mumbo jumbo...
I think this behavior is evidence that the distribution of coins is still skewed towards a few hundred early adopters who had the foresight to stockpile. After every major climb some cashing out is done. This is encouraging though:
https://blockchain.info/charts/bitcoin-days-destroyed-min-year?showDataPoints=false×pan=&show_header=true&daysAverageString=7&scale=0&address=
can you or someone else explain what "bitcoin days destroyed" really means? for a non tech , non geek, please :-)
thanks
I think it's interesting that we see these flash crashes but not so much the opposite, the price running up crazy followed by a rapid return to normal. I'm sure it means something, probably about psychology & stuff. If I believed in TA, I might name it something and spout some mumbo jumbo...
I think this behavior is evidence that the distribution of coins is still skewed towards a few hundred early adopters who had the foresight to stockpile. After every major climb some cashing out is done. This is encouraging though:
https://blockchain.info/charts/bitcoin-days-destroyed-min-year?showDataPoints=false×pan=&show_header=true&daysAverageString=7&scale=0&address=
Why don't you check the all-time chart? At this price the recent peak values should have been way higher than the 2011 peaks, but the truth is the opposite.
I think it's interesting that we see these flash crashes but not so much the opposite, the price running up crazy followed by a rapid return to normal. I'm sure it means something, probably about psychology & stuff. If I believed in TA, I might name it something and spout some mumbo jumbo...
I think this behavior is evidence that the distribution of coins is still skewed towards a few hundred early adopters who had the foresight to stockpile. After every major climb some cashing out is done. This is encouraging though:
https://blockchain.info/charts/bitcoin-days-destroyed-min-year?showDataPoints=false×pan=&show_header=true&daysAverageString=7&scale=0&address=
can you or someone else explain what "bitcoj days destroyed" really means? for a non tech , non geek, please :-)
thanks
No, I can't explain it to someone completely nontechnical, but I can probably explain it to you.
For each address, calculate the amount received * the number of days that have passed since it was received.
Sum this up for each address and you have "bitcoin days".
When a bitcoin is sent, it resets the bitcoin days to zero.
Sending 1 bitcoin that was received 100 days ago, and 100 bitcoins that were received 1 day ago will each destroy 100 bitcoin days.
Bitcoin days destroyed, especially with a minimum age filter, is a good indicator of when coins move from long term storage.
I think it's interesting that we see these flash crashes but not so much the opposite, the price running up crazy followed by a rapid return to normal. I'm sure it means something, probably about psychology & stuff. If I believed in TA, I might name it something and spout some mumbo jumbo...
I think this behavior is evidence that the distribution of coins is still skewed towards a few hundred early adopters who had the foresight to stockpile. After every major climb some cashing out is done. This is encouraging though:
https://blockchain.info/charts/bitcoin-days-destroyed-min-year?showDataPoints=false×pan=&show_header=true&daysAverageString=7&scale=0&address=
can you or someone else explain what "bitcoin days destroyed" really means? for a non tech , non geek, please :-)
thanks
Hello. I see that you've predicted that the $/btc will be less than $50 in two weeks. You seem like a very intelligent man. Would you like to make a small bet with me?
How about a large bet?
I think it's interesting that we see these flash crashes but not so much the opposite, the price running up crazy followed by a rapid return to normal. I'm sure it means something, probably about psychology & stuff.
I'm guessing it's just because whenever USD falls sharply against BTC, no-one panics that USD might be falling to zero by the end of the day.
I think it's interesting that we see these flash crashes but not so much the opposite, the price running up crazy followed by a rapid return to normal. I'm sure it means something, probably about psychology & stuff. If I believed in TA, I might name it something and spout some mumbo jumbo...
I think this behavior is evidence that the distribution of coins is still skewed towards a few hundred early adopters who had the foresight to stockpile. After every major climb some cashing out is done. This is encouraging though:
https://blockchain.info/charts/bitcoin-days-destroyed-min-year?showDataPoints=false×pan=&show_header=true&daysAverageString=7&scale=0&address=
What. The. Actual. F*ck!
Can't believe I missed all the fun!
Can't believe I missed all the fun!
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