That's why you keep coins on 3-4 different exchanges.

CampBX shuts down? No problem! 75% of my trading stash is still accessible. Comes back online? Great, now I have 100% again! Sure, trading on multiple exchanges sucks... until one of them goes down and them you remember why you put up with that...

You still only really need to deposit fiat to one exchange. You can get "fiat" on any other exchange by transfering coins there and selling. See, even with BTC at $5.00 you can still use it to transfer $10,000 from Virwox to Bitstamp to manage the risk of too much fiat on one exchange. Cool beans.

A bullish Jaroslaw during a bubble deflation, that's going to be hard to perform, man!

Obvious troll is obvious.

LOL

Edit : Changed date !

As a full on Troll he just looks to post in a way to generate the most disagreement.

No I was referring to the other guy.

blah blah

Anyone can sit here and say wait, watch, it's coming, wait for it, and then a real whale unleashes and you say "see I told you I was going to do that" Hey guess what me too, along with 90% of the other forum users. Wait for it.

Blah blah blah.

So when/if you do and you "claim" it was you how will you prove it? I have an idea, just before you execute the buy order why don't you take a screen shot of the order being placed. Or better yet make a small video of your computer screen while your executing these massive buys. If you do this I will personally kiss your ass and apologize for being rude. Until then, please stfu

You are our savior! 

you're not imitating his broken english

3k wall at $70 is down. Panic buying commencing.

Yeah, I want jaroslaw to dump his thousands of Bitcoins 

I've been buying and selling the whole way down.  My feeling is we will see the 50's but that may very will be the bottom of this thing.  If we break though the amount of resistance in the 50's and hit the 40's, abandon all hope...Bitcoin is dead.

What is the brake point where you want to "save" this economy?

There is still a persistent belief in another hype-bubble....Might have to wait a LONG time before this train begins to leave the station again.

I have been watching the charts consistently throughout the day for a few days now, observing the ask walls. Its fairly obvious that someone is keeping the price low and buying cheap coins through placing bids lower than their ask walls. They are hoarding cheap coins by getting people to sell into their bids and buying coins lower than their ask walls. They are pretty blatant about it, even placing the walls at $1 intervals.

If they decide they have reached their desired amount of coins and then lift their ask walls, bitcoin will rise, which is what they want after buying lots of cheap bitcoins.

Whomever is doing this is pretty clever as they are also doing a couple of other things to stunt the price. If you think the price is going to drop, it will not. The ask walls are keeping the price low.

It's amazing how some people really started to believe jaroslaw is real deal. His poor self posting from a polish village must be really proud of himself.

UP UP AND AWAY!!!!!!!

What? A commodity that inflates at around 10% per year, which market cap is overwhelmingly overvalued due to speculation, which actual uses currently are unknown and unneeded for the average joe and what little use it is used solely for is illicit activities.

Please expand on why you think bitcoin is anything more than an anti-distablishment hype train?

(I'm a long term bull btw, but we are not ready for a billion dollar market cap. Soon[supTM[/sup].

My BTC0.02

how do you know?

It seems like the big money is slowly moving over to Bitstamp now that they know their fiat is safe there.

10k wall appeared on ~76.50 for a few seconds. No chance to screencap it unfortunately.

Idk, I think its some sort of complicated spreadtrading strategy? Not sure. I don't think they are trying to make it move up or down a long ways, I think they are just trying to make it bounce between the top wall and bottom wall while selling on the top and buying at the bottom. Theres 117 BTC in the way of them completing their strategy, though, not sure if that 117 BTC belong to them (its very nicely sloped so I think its serving to eat up the small bids to add to the sell wall) or if that 117 BTC are just random people trying to outbid them.

mr. 80 getting scared? wall shrinked by 2k in the last 10 minutes...
did that also happen before the recent dumps?

I've already missed the train and I don't see a big upside to buying back in at the top, sorry

I like you a lot better upside down.

Keep your eyes on the charts my friends. This afternoon/evening, I will use my masses of USD to prove my lust for Bitcoin is firmer than the legions of weak-boner traders that recently began to pollute this forum. 

You post all the time.

So when jaroslaw buys bitcoin he posts from walsoraj account, and when he sells them its his own, what a guy

It looks a lot more like a clearly established upwards trend and that $65 was the bottom when you zoom out on the charts.  Sometimes it's too easy to focus in on the close detail and miss the bigger picture.  ClarkMoody's H4 scale shows this clearly.

Not only that but it seems to me that the price only collapsed due to deliberate manipulation, those who did that will surely want the price to be high again when they sell the cheap coins that they picked up, and they have the ability to make it happen that way.

beautiful naked big titted women dont just fall out of the sky you know

your better off buying now there's no question 94 will be broken


anyone else selling once 180 360 is reached

I hoped more value is in my charts 

But seriously, if I were bullish (and missed all previous calls) I would place a BUY order between 91.03 and 89.68 and hoped that Mrs Market (there is no guarantee this will happen because Mrs market is getting more and more horny) will take me for a ride in a few hours.

http://www.bloomberg.com/markets/economic-calendar/


The US Treasury bonds are redeemed tomorrow, tell me what you guys think will happen to the dollar and btc / usd price if the yeild / interest rate goes up on treasuries ?


I'll tell you what, the USD will fall and the price of Btc will be higher. Might not be much but should be significant.


BUY BUY BUY

Do you really think there will be deflation with Ben Bernake printing $40Billion per month ?


The inflation we are seeing atm is still relatively small, because the money is a the top and not making it down into the hands of normal people, if / when it does then you will see much higher inflation very quickly. 

Trotter indicator shows 77 than 55 and even 33.
I don't believe we could go that low, but my wallet is prepared in case we do.

Ok I'll ask....wtf is a "Trotter Indicator"? Lol.

A quick google search tells me nothing about this TA indicator.

From the numbers it sounds like you are talking about fib retracement.(?)

1088 buy wall at $89...someone doesn't want the price to go down...

Zoom out to D3.  

Personally, what I find pathetic and ridiculous is not being able to acknowledge the realities of bursting and deflating bubbles and ignoring the evidence staring at your face. Suit yourself.

During whole of its history it has been worth "not much" and dissecting the current price movements that (literally) I can create at will, does not lead us anywhere.

FOR IMMEDIATE RELEASE
2013-132 Washington D.C., July 23, 2013 — The Securities and Exchange Commission today charged a Texas man and his company with defrauding investors in a Ponzi scheme involving Bitcoin, a virtual currency traded on online exchanges for conventional currencies like the U.S. dollar or used to purchase goods or services online.
The SEC alleges that Trendon T. Shavers, who is the founder and operator of Bitcoin Savings and Trust (BTCST), offered and sold Bitcoin-denominated investments through the Internet using the monikers “Pirate” and “pirateat40.”  Shavers raised at least 700,000 Bitcoin in BTCST investments, which amounted to more than $4.5 million based on the average price of Bitcoin in 2011 and 2012 when the investments were offered and sold.  Today the value of 700,000 Bitcoin exceeds $60 million.

The SEC alleges that Shavers promised investors up to 7 percent weekly interest based on BTCST’s Bitcoin market arbitrage activity, which supposedly included selling to individuals who wished to buy Bitcoin “off the radar” in quick fashion or large quantities.  In reality, BTCST was a sham and a Ponzi scheme in which Shavers used Bitcoin from new investors to make purported interest payments and cover investor withdrawals on outstanding BTCST investments.  Shavers also diverted investors’ Bitcoin for day trading in his account on a Bitcoin currency exchange, and exchanged investors’ Bitcoin for U.S. dollars to pay his personal expenses.

The SEC issued an investor alert today warning investors about the dangers of potential investment scams involving virtual currencies promoted through the Internet.

“Fraudsters are not beyond the reach of the SEC just because they use Bitcoin or another virtual currency to mislead investors and violate the federal securities laws,” said Andrew M. Calamari, Director of the SEC’s New York Regional Office.  “Shavers preyed on investors in an online forum by claiming his investments carried no risk and huge profits for them while his true intentions were rooted in nothing more than personal greed.”

According to the SEC’s complaint filed in U.S. District Court for the Eastern District of Texas, Shavers sold BTCST investments over the Internet to investors in such states as Connecticut, Hawaii, Illinois, Louisiana, Massachusetts, North Carolina, and Pennsylvania.  Shavers posted general solicitations on a website dedicated to Bitcoin discussions, and he misled investors with such false assurances about his investment opportunity as “It’s growing, it’s growing!” and “I have yet to come close to taking a loss on any deal,” and “risk is almost 0.”  Contrary to the representations made to investors, BTCST was not in the business of buying and selling Bitcoin at all.

The SEC alleges that Shavers, who lives in McKinney, Texas, paid 507,148 Bitcoin in investor withdrawals and purported interest payments.  He transferred at least 150,649 Bitcoin to his personal account at an online Bitcoin currency exchange.  Shavers suffered a net loss from his day trading, but realized net proceeds of $164,758 from his sales of 86,202 Bitcoin.  Shavers transferred $147,102 from his personal account at the online Bitcoin currency exchange to accounts he controlled at an online payment processor as well as his personal checking account.  He used this money to pay his rent, utilities, and car-related expenses as well as for food and retail purchases and gambling.

The SEC’s complaint charges Shavers and BTCST with offering and selling investments in violation of the anti-fraud and registration provisions of the securities laws, specifically Sections 5(a), 5(c) and 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934 and Exchange Act Rule 10b-5.  The SEC is seeking a court order to freeze the assets of Shavers and BTCST in addition to other relief, including permanent injunctions, disgorgement of ill-gotten gains with prejudgment interest, and financial penalties.

The SEC’s investor alert, prepared by the agency’s Office of Investor Education and Advocacy, recommends that investors be wary of so-called investment opportunities that promise high rates of return with little or no risk, especially when dealing with unregistered, Internet-based investments sold by unlicensed promoters.

“Ponzi scheme operators often claim to have a tie to a new and emerging technology as a lure to potential victims,” said Lori J. Schock, Director of the SEC’s Office of Investor Education and Advocacy.  “Investors should understand that regardless of the type of investment, a promise of high returns with little or no risk is a classic warning sign of fraud.”

Reversed Jaroslaw what problem do you have to propagate Gox in such a manner? Dump some coins, would better fit you... Please.

Cool story bro, tell it again.

how do you know if a wall is fake or not?

I think the "300k by the end of year" does not happen. It would have been nice but the facts point the other way now.

That we experienced a runup from (about) 10 to (about) 100 in the first months of this year is an amazing feat. Hopefully you all were invested at the time. The weekly and monthly charts speak for the resilience of bitcoin price. The overshoot 100->300 was for the lucky few who managed to cash out.

Long term, if bitcoin, or crypto in general, is to have any impact in society at large, it must be 100-1000 times bigger. Thus any prices we see in the remainder of this year, will be cheap.

Sooo little volume, yet so much trading engine lag.

Edit: OK, looks like the trade engine is simply down right now.

(Reuters) - U.S. regulators got the green light from a federal judge to proceed with their lawsuit against a Texas man accused of running a Ponzi scheme using Bitcoin, the virtual online money system.
Trendon Shavers of Bitcoin Savings & Trust had challenged the Securities and Exchange Commission's case against him, saying the regulator had no jurisdiction to sue him because the Bitcoin investments he offered are not securities or subject to any U.S. regulation.

But U.S. Magistrate Judge Amos L. Mazzant in the Eastern District of Texas ruled on Tuesday that his Bitcoin investments "meet the definition of investment contract, and as such, are securities."

Bitcoin exists through an open-source software program. It is not managed by any one company, it is not regulated by any central bank, and its supply is controlled through a computer algorithm. Users can buy bitcoins through exchanges that convert real money into the virtual currency.

The SEC warned investors against the dangers of potential scams involving virtual currencies like Bitcoin in an alert on July 23, the same day it filed the charges against Shavers.

Tuesday's ruling could have important implications for the still murky legal world surrounding digital currencies, which is not regulated by the United States.

Bitcoin has come under greater scrutiny after U.S. authorities in May seized two accounts linked to a major operator in the Bitcoin digital market.

The judge's decision could be important for Cameron and Tyler Winklevoss, the twins who became famous after alleging that Facebook Inc founder Mark Zuckerberg stole their website idea.

In early July, they applied to the SEC for approval to launch a Bitcoin-tracking exchange-traded product known as the Winklevoss Bitcoin Trust.

The SEC alleges that Shavers essentially used money from new investors in his Bitcoin endeavor to cover withdrawals by older investors and his own personal expenses.

The agency said he raised at least 700,000 bitcoins, or $4.5 million, from investors in multiple states.

Shavers had asserted that his Bitcoin investments are not securities because Bitcoin is not money, but the SEC countered that they constituted both investment contracts and notes.

"It is clear that Bitcoin can be used as money," the judge wrote. "It can be used to purchase goods or services."

Shavers could not be immediately reached for comment.

105 wall got cancelled

Sorry, I'm gonna restart trading now.

This is insane. Even the bots are sleeping.

 

*idea!*

 

what if all pretended it was 180  

try harder!!!

In my mind, I read that in the enthusiastic voice of a shopping network presenter...

We go up? That's bullish! We go down? That's bullish too. We stay where we are? That's ULTRA-bullish!

I'm out of date, does Gox process USD BW withdraws (A) within a couple months (B) within like 4 months or (C) not within the forceeable future?

Love how those fake steps (walls) are going to disappear.  Not attempting to spread any FUD, brainwaves just doing there mojo, aside from that.. anyone else notice that there is roughly 8,000 more coins available  up to the 115$ mark than there was 7 hours ago?

coinsetter is launching end this month supposedly, i expect a mass exodus from gox to coinsetter if their platform proves to be good.
that means a huge pump on gox of people buying coins on gox in order to move them to coinsetter

That's what we'll find out at the end of the month i guess. It's the first legitimate US based exchange for one.

What happened? Is nobody interested in Bitcoin anymore?
No postings here, no volume on the exchanges, WTF.

As an exchange, CampBX is a successful proof of concept but they haven't continued developing it beyond that point.

There needs to be an exchange for high volume.

Coinbase allows 50 a day. CampBX you can't even buy that without moving the price a large amount at most times.

I heard the Winkle twins are backing an exchange..does anyone have any info on that yet?

Volume on CampBX is low because the only methods they make available for adding and removing dollars from an account are ones suitable only for hobby traders (no bank wires).

There is a very strong demand for Bitcoin in the US, but the legal barriers to entry here are substantial.

In the meantime, anyone willing to help fill the retail demand for Bitcoins via in-person LocalBitcoins sales can stay quite busy.

To accommodate large buyers. People with money aren't interested in buying 50 btc at a time

Bitstamp doesn't offer assurance that they won't have their bank accounts frozen and confiscated by the US government because they haven't paid sufficient protection money in the form of licensing and permits.

That's what is holding back Bitcoin exchanges at the moment.

Don't get hit by the door on the way out!

I would probably appreciate that.

i mean you're even eating my popcorn now and nothing's happening...
have your transactions already finished to load up the cannons?

Have you placed your orders?

Offtopic:

You guys think that litecoin will be in gox? What will happen to the price of the LTC?

The volume on bitstamp is a joke.

I find it easier to fulfill an order on btc-e tbh.

its the same guy, notice how once this one became active jaroslaw disappeared

If that is the case would we see those coins drop the price somewhere else?

SEC might be just doing the bidding of DHS. There is less than a month until the 12th anniversary of September 11 2001.
Those crazy muslim terrorists may be preparing something, and DHS is trying to cut down money supply routes to
potential terrorists. Unfortunately for the BTC community, BTC can be used to fund terrorism, and honest traders
get caught in the middle. Just a theory of mine...

Scrutiny by regulatory bodies is bullish because either (1) legit operators emerge with government approval or (2) it becomes clear that the government is unable to control bitcoin.

1 or 2 legit operators is all it will take to open the flood gates to the mainstream

silk road and winklevii make bitcoin a juicier story not a smaller one

Triple top forming since the first started at the end of July? Third peak on falling volume. Thoughts?

You forgot: HE will crash Bitcoin. Just wait a little, there are some little transfer issues, but 1$ this Friday. For sure.

The parabolic sar switching to the underside means Bullish...

lol, somebody is manipulating chartbuddy by synchronized adding/removing of orders. You see the ghostlines on bitcoinity though, each time the bid side gains the ask side shrinks and verse visa.
you might want to randomize the sample time

Serious question: why ratio is important?

If someone puts 10m into orderbook on bid side at 90usd what difference does it make? There are no money deposits coming into mtgox so it does not mean that there is money flowing into mtgox, so what is its significance?

Only 48k coins left on the Ask book on gox according to clarkmoody?

Lots of panic buying to move wealth out of the place...

still 2 digits on bitstamp and btc-e, what gives

good call

now for my 180

A broken clock is correct twice a day. But not sure what to make of a stuck record player.

That fits the exact premise of a bubble with a classic bulltrap.

methinks it's HIGHLY unlikely they won't go through with the tapering. they would only fuck themselves over if they didn't

are the fed mins out yet?

Methinks we will hover around this level for quite a few days before its resolution time.

The Nasdaq was up almost 1% according to this list. And, no other stock markets are really down. What is up with the halt?

http://www.bloomberg.com/markets/stocks/world-indexes/

The wall is gone and now it's many smaller asks from probably many different people. Is that correct?

The Hammer
https://bitcointalk.org/index.php?topic=60501.msg736626#msg736626

I disagree.  If you had (and if you still do) look at just the money flow index, you'll see that the last time we were this close to being overbought in the last 6 months, was the rise to 260.  This rise was and is easily predicted through TA.  In fact, this rise could actually surpass the BTC all time high but we'll see.  My guess, is we're in for some massive gains over the coming days.  200 is going to get run through like nothing.

Congrats Bulls!

... they had nothing to fear from the government as long as they followed U.S. financial rules.

She still doesn't understand, that there are no administrators. Just like with internet laws. It will take many years for government to understand the difference between banks and bitcoin.

All miners, register as money transmitters!

Might make some sense: http://www.marketwatch.com/story/syria-intervention-fears-hit-global-markets-2013-08-27

Stocks drop, maybe due to some Syria news, maybe not, maybe people are using some Syria news to rationalize their irrational behavior. Anyway, there's a selloff on the stock market, where does the money go? Might as well go our way.

180 by last friday

So what will increase by $90?  The price, the whale suppression, or the gov oppression?  Probably a combination of all 3, but in what proportions?

people are patiently waiting for someone to sell some coins, I'd ignore volume untill someone is brave enough to test support at 125

^What rock have you been hiding under?

Avalon transferred the returns for all the batch 3 customers yesterday...this is yesterdays news.

What the hell? Did I miss something? 

It will come back to MtGox in due course when the world doesn't end.

I understand you're mad because Gox doesn't want to withdraw your USD. But bitcoin is much bigger than Gox, deal with it.

... to get out you've got to sell somewhere else.  Where are the dumps?  Other exchanges are following not diverging.  During whale-less days, BitStamp is seeing steady or slowly rising prices with > volume than Gox.  If whales are selling slowly, we'd be seeing these exchanges fall.  Bid depth too small, so whales wouldn't sell ANYTHING?  That's silly...

Volume is low during downtrends, higher during uptrends.

Keep beating your drum, you might be able to buy your 5 coins back soon :-)

Ohmagah do i sell naow or is this bear trap?

The rise is no different than in April in terms of price action. A whole lot of nothing and suddenly a big buy. Things seem to be accelerating, so my risk/reward perception is changing as well. If coins become super cheap due to a crash, I can always buy more with fresh FIAT.

Parabolic Rise 2.0, Yes please  

Then it will be interesting to see what happens the next 2 months.

bid sum/ask sum   WOW

bitstamps is 23% of the market

quit being wrong

So you're saying that trading volume on MtGox has gone down since April? Gosh who would have thought that after all the Gox screw ups since then? This is really big news to us all...

want me to make a poll?  

Very risky indeed but also an excellent opportunity.

walsoraj you are just frightened

https://www.youtube.com/watch?feature=player_embedded&v=zZGNk8pUj4Y#t=21

On which exchange?

Do you mean "MtGox" volume and price?

Sooo.. what happens at 150?

Not so much mad that its going down, just that I was dumb enough to panic buy at 146.

... but no test of the April 2011 low of 0.56 USD? http://bitcoincharts.com/charts/mtgoxUSD#rg1460zig5-minzczsg2011-04-01zeg2011-04-08ztgSzm1g10zm2g25

It's a whale eat whale world out there.

haha

LOL Thought of that myself.

Maybe someone should start a thread/poll about the identity of the whale(s) who have carried this recent rise. I've seen lots of speculation.

Let's see. We could start with:

Winklevoss
Paypal
Rothschild
MtGox
Uncle Sam
Google
Walsoraj
etc

The list goes on...

Meanwhile, no jump... 

Not saying i disagree but what happened to uberbull USD cannons?

Still wont go down. Gentlemen, place your bets   

"Crash" is such a harsh, polarizing word.

Truth of the gods... Good one.

My bids are in single digits and some double cents. But, i dont expect crash until late Wednesday, more likely thursday.

It's not single digits yet

LTC going nuts

Probably the first time that bitstamp was direction leader (+5% move).

Karpeles is a genious - second time he uses the same trick, cheap usd for him while saving his btc reserves who are probably very low to sustain paying all his debt in bitcoins!

And down LTC goes  

This crash is lame. Neither Stamp nor Gox show over 20k volume.

Was not aware of that, what happened?

Not that it matters, but to be clear, I am a Critical Marxist.

Which means I don't play fair. I am a pretentious and snobby asshole.

10y Bonds at 3% already!

http://www.marketwatch.com/investing/bond/10_year

a sign of the inflation (maybe hyperinflation) to come?

the increase is foreshadowing inflation.

but i agree with you, this will make a lot of money leave the markets...

this is not good of for the US economy.

time for more QE?

10 year bonds closed at hit 3% @ 4:27 EST http://www.marketwatch.com/investing/bond/10_year

May the selloffs... Begin.

Gg  bitcoin

Nore.

US Gov can hack bitcoin?

And your proof is a series of articles documenting that they are actively making requests to major service providers for their encrpytion keys?


Let's think about this one for 2, maybe 3 seconds. If I was US Gov, and I could defeat encryption.... why am I going around asking for keys again?


I'm not quoting you in respect to all those that have you on ignore.

Walsoraj, I come when panic starts to loom on the horizon

I'm one of the "select few" and I'll tell you. With the help of Sherlock Holmes, we've assembled a crack team who can break substitution cyphers in a matter of days, sometimes hours!

Think twice before encrypting your critical data with your secret decoder ring.


I really can't tell if you guys actually believe the FUD you are posting or if you are legitimately confused about how encryption, and more specifically, bitcoin work.

as i understand it

this mean you can buy a 10 year bond that will yield 3% a year, this is not a half bad ROI for a zero risk investment, this will drive people out of the riskier assets(like bitcoin) and stocks.

thats the theory anyway.

lets see what really happens tomorrow in a few hours.

ok so the jobs report is pretty bad
but everyone seems to think the fed will go ahead and taper.
meanwhile china continues its US bond selloff
and bitcoin is trading with uncertainty, as the news of NSA ability to brute for you moms email, gets out.

Email was never, ever secure.

So glad I'm out. Lost my profits over the past few weeks but not in the red yet.

Big ups to Jaroslaw he called it

About here, on the 30th, i have predicted that we'll hit 120 before we hit 150, with a warning that my predictions are always wrong.

Here, we were a few bucks away from 150, and i pointed out that it looks like i'm wrong again.

Let's see if this wrongness streak keeps up

I think that the market has passed a tipping point: bitstamp now leads mtgox. The latest drop has bitstamp trending lower and hitting the lowest point ($115.21) four minutes before mtgox.

The orderbook pressure on gox is not conducive to further falls and is seemingly being dragged lower. There is only one other exchange which could do that...

But if you are wrong about being wrong, do two wrongs make a right?  That's just... wrong...

"go back in time and change my predictions"

That's awesome. I'm going to use that line more!

How much for a perpetual license?

Wow, my bid was hit and the price is rising. This can mean only one thing. The price will collapse within 45mins; before i am able to get on my computer  and sell.

A new US-based exchange (CoinMKT.com) opened last night with Dwolla as a deposit option.  It will be interesting to see if this has any affect going forward.

The coalition of the willing will strike Syria causing the prices of commodities to rise. This in turn will affect energy prices which will lead to an increase in BTC prices.

That's not any different than what Bruce Schneier has been telling us for decades now.

Not news to those who have been paying attention.

Whale office hours, for one. They can remain confident that nothing of import will happen without them. I have explained in my own threads.

Whale office hours are whenever they choose for them to be.

I think that's what I said.

Are you still butt hurt that you didn't load up in the drop to 60's-70's?

Hope you don't miss you're chance now? Might get lucky and wait until $110 but not likely

stamps has been known to be slightly more volatile than gox 

At least the wall was real

I think it would help if you could rotate your picture to the right when sideways and upside/downside when needed.

It is quite graphical and easy to understand. You don't have to move now, since you say that it will go down.

There's many examples of people here who made a good call once and then thought they were prophets everyone should worship like a God. Many of them then proceeded to make a completely false prediction and were never heard of again.

If i saw only the asks abruptly rising, maybe. But bids just went up $1mill. And bid sum is much better indicator of health than ask sum. We will see. My bid at $114 hasn't been hit, and my secret gox last price thing still hasn't budged.

Not unless it becomes clear that new deposits are coming in.

I think that is an overly simplistic view. Psychologist Fallacy.

Can you point me to a single post in this thread that has a proper TA?

Yeah, that goes without saying. Let me rephrase the question:

Can you point me to a single post in this thread (Walsoraj's posts exclusive) which has TA right?

So, since I bought in at $143.39 - should I sell out again, and wait for the crash?

The crash isn't coming because it's under 40k BTC for sale. That's when the fun start. The crash will come when the price has gone too high too fast. We're not there yet.

It's called a "bot", short for "robot". It's an application or script programmed to trade by proxy on behalf of the programmer.

**sheesh - noobs***

yes. in the stock market.

Could a whale buy 2-3000 BTC at once to push the price up and then sell them 1 at a time every few seconds to prevent the price from crashing.  Rinse and repeat?

Redistribution of wealth scale. Who's buying? Are there trends there?

Damn, that is crazy. Its actually [At least, looks to me] every 5 to 20 seconds.

Ive only watched it for a short while, but it looks like an average is right around 10 seconds.

Now, as interesting as it is to consider its a bot trying to get top dollar for the asks.. wouldnt it really just make more sense to market sell into the 140 wall? Yes, yes, 66 cents less.. but.. no risk. And, chance of triggering more sells -> lower buy back price.

 

You had your chance to buy cheap coins when the price was artificially below 130 during the recent beartrap.

Yup. I'm in fiat and  won't buy now; I'll wait for the nose   dive... Although it might be a 90% drop from $1000

The funniest part is that the main thrust of their defence; that Coinlab failed to register as a money transmitter, is of course the reason Gox had $5m seized by the US gov. So whether or not, their defence is legally successful, it is most definitely not the real reason they reneged on their contractual obligations to Coinlab.

Fascinating legal argument.

2500 Market buy followed by a 2500 market buy [both exactly 2500] with its unfilled bids set on 145.

Er, I suppose its easier to say.. 5k order to 145, 3.3k filled; 1.7k as bid.

Trust me, that's only because you learned Windows first.  When I use Windows, it always takes me 10x longer to accomplish any task than on my Linux box.

its weird.. just about a month ago 25k was the normal "low"

30k being the average daily volume

Seems to me like the amount of value being traded has, when you take into account prices, increased. I mean 50k coins at $10 each is less then 5k at $130.

Was it really? I could have sworn every time I checked volume it was like 30k.

Accumulation Distribution is taking a pretty steady nosedive as price is flat... Treading water, but for how long?

That's also how we get inflation.

But it's definitely causing biflation.

If you didn't know what a circle jerk is: (I come from a sheltered environment)

It is: When a bunch of politicians - get together for a debate but usually end up agreeing with each other's viewpoints to the point of redundancy, stroking each other's egos as if they were extensions of their genitals. Basically, it's what happens when the choir preaches to itself.

I LOL'd at the thought applied to Bitcoin.

Low volume is a good set up for a breakout, no?

Cup and handle formed? Supposedly some "big news" coming out public tomorrow, though I have my doubts on who it is "big" to.

this?

http://www.reddit.com/r/Bitcoin/comments/1n532i/bitcoin_investment_trust_by_secondmarket/

assuming the follow applicable AML and such, why would it get shut down?

Do you know how the legality works around this?  Serious question.

I thought from quick glance they were "off the grid", so to speak.

Also: http://www.reddit.com/r/Bitcoin/comments/1n1tie/something_big_coming_to_secondmarket_for_bitcoin/ccenwqy