Maybe a few of those 60,000 new Gox customers that signed up in early April still want coins? Nah... that couldn't happen!

Guys please stop the offtopic.



Are we are looking at "likely?" Or is it going up and up and up?

but the lines! look they drew lines!!

Is smoothie asleep? I expected a new thread inquiring as to a certain party's emotional state of well-being after having made a recent and potentially foolish decision.

This week is gonna be fun.

Some bullish news: http://www.reddit.com/r/Bitcoin/comments/1cxdrr/reuters_tv_interview_with_mt_gox_in_tokyo/

Inflows: Between $5 million and $20 million / day
Outflows: $300k to $1 million / day

That means that in April between $100 million and $400 million was added to the market. When confidence is restored, the price could go ballistic once again.

$115 never again, takers?


Reasoning:

I have charted the spot_price/ATH price over Jan-Mar, and I think the rally has already resumed. You can offer to bet with quite good odds that we will never cross 0.95*previous_ATH. And you win the bet with a surprisingly good probability. Chart it yourself, lol. I almost always bought at ATH during those months, since it was the least risky entry point.

The supply of people that think that we are in a bubble/denial/bear market/correction/consolidation/younameit is dwindling, and it's dwindling fast. Especially their economic share of the market is about to be crushed if they do not buy back soon.

Do you still see the people that sold out in February? Where are they? LOL, they made their $10k and are out for good. The next time they will hold bitcoins is when they receive their salary.

Yeah sure, I'll take that bet at even odds. If at any point in the future, the price drops below $115 you pay me 1000 BTC. If not, I pay you 1000 BTC. 

what caused the "crash" when it went to 136 on the 19th?

Smoothie, how come you are so fast to answer everywhere? I am starting to wonder if you have hired people or scripted bots to make your replies. You tend to write a new answer faster than I read the new posts in the interesting threads. Respect.

My preference (as if I what I fancy has any influence at all ) is that the total ask remained high so that people don't get the 'out of the woods' feeling resulting in another bonkers spending spree and its inevitable consequence!

I like loads of bitcoins on the order book as a constant reminder that people will sell if the price is right and could easily sell loads - so don't get carried away with the buying!

150 certainly looks like a bad mofo at the moment. Then 130 did too at some point. It might happen the 120's again, few days of trying to break 150.

150 looks all cool and shit on the outside, but on the inside hes all panicky and ready to bounce any moment.

People thought they could buy lower but now realize that will never happen. I bet most are buying back at A loss

151. Die wall die!

Hopefully down.

bullish fact: today 4 (!) old (some really old) threads popped up on my watchlist with newbs (10-40 posts) commenting.

Well, you certainly don't mind when someone draws them in direction you like. Do you ever get tired of posting same stuff all the time? We know you're a proud bull, give it a rest a bit.

I know you won't, you must feel better braving yourself all the time. Well, it if helps you sleep better who am I to talk about it

You're boring as hell though, I have to give you that

Not really, I'm all in bitcoins and want same as you. But I do think you're sucker and if I didn't like my money I'd want it to crash to 3$ just to see you to shut up finally

You sound like a broken record, I'm sure you're among last here that haven't noticed it.

Anyway, I'll stop here, it's off topic, had a big desire to tell you all this for days so I hope you understand

I thought someone has to stop acting as kid after few days, I was wrong

unlimited money!

I wouldn't mind him if this is some gaming forum, he looks like a character that likes to have some fun, I like such guys usually.

BUT, this is money making/losing forum and lot of people who are just entering into bitcoins come here to find some info, to learn something etc.etc and his constant belittling of people who are careful with their money can make some noob to stop being careful and lose lot of money. That's not something anyone should play games with unless he provides some helpful info. And he doesn't - just loads of lols, roflmaos and usual bs.

Broken. 1000 btc disappeard from 160 wall, black magic!

another blood bath

122.72

Dead cat bouncing mode ON

Can't resist...

Waiting for 119$ and then omomomomo

After 119$ there will be 100$ verry quick, and then double digits here we come

Your prediction is almost stupid as buying BFL

What's interesting right now is that we are just beginning to enter a phase of institutional interest, and, I think, as luck would have it for larger investors, people were scared into putting lots of bitcoin back on MtGox.  The ask depth is looking very healthy, and that is exactly what is needed and wanted by people who want to invest $100k+.  I think in the next 2 years we could see the bid depth on MtGox reach around $50 million, and the price will need to adjust upward (and there will be a subsequent dramatic correction, no doubt).

Yeah, we are just starting to get the very first drops of the institutional money.

with paypal and google talking it up... man... the next 5 years should be epic.

Unless Mark Karpeles is lying, there's already much, much more than that waiting at Mt.Gox, off the book.

I believe he stated that MtGox was receiving $5M to $20M per day as of early April. (Reuters Interview)

Who said I'm holding my bloody fiat, lol. Have you read my posts at all?

I'm holding fiat when I, and I'll repeat it when I, think it's the best thing to do. I might and have been wrong many times but I'm taking full responsibility for that as it's my money, not anyone's else.

As soon as I feel, and I repeat when I feel, that it's better to hold coins, I hold them.

And neither of those tow means holding as putting it when sun doesn't shine, it can mean I'm holding any of them for hour, two, 5, day, two or 5 until I feel it's better to hold other one.

new wall at 135
its looking good.
but i would expect the resistance in the high 140's to be too much.
we will fail to break over 160
we will fall below 120

 

How many dumps can a dumper dump? It boggles the mind...

I am very bullish on the next week. It is possible that $200 will be breached. Every time bitcoin starts to rise in a serious way, the supply side just dries up, leading to an overextension and then retracement. Monday can easily see $160 but I don't think the post-crash high will be taken until Tuesday.

If anyone has coins to sell directly for bank wire, I am happy to buy them at current rate - 3% as my margin. Or I can buy goxmoney (seller buys coins, sends them to me, I bank wire). PM soon, it's late here

Or I can write puts for $120! Best of both worlds for you who don't want to sell and don't want to risk the downside!

I don't see why you're laughing, anyone who sold can now buy more BTC from the proceeds of their sale.

What's to laugh about ?

I sold all of mine at $162 and they're now considerably cheaper so that would be a reasonable gain for me.

Trying to accomplish? Nothing, people are selling...

Love your arguments 

lol indeed.

But Smoothie promised us 200$ for today, which is loler  

If ask sum keeps growing at that rate you know what that means, smoothie. Down.

You are in the wall thread.
get out.

fake wall(s), it's same 4000 one from before, he just splited it in two 1500 ones. And of course removed. Someone wants cheap coins.

Isn't this the place to use all of your verbal wit to talk the price up?

BFL Products Shipping Now
hmmmmmmmmmmmm
buy?

 

The next several hours will reveal whether the price movement stays in the channel.

throughout this drop both support and resistance have been extreme. volume is very high. the volatility has brought in a lot of day traders looking to capitalize on the drop. I played the game myself, sold high bought lower! The risk to reward for doing this is going lower and lower with very drop, at one point the music will stop and there will be far more people than chairs.

We will do it in public next week so you all can see.

We will reach $125 before the dump? Speculate

How many times do I need to tell that we will not see 100 again? 

I am all in today because this is insanely great buy. There is also quite much support in $105 (not that it means anything but buys are real, sells are fake).

Wall at $120 growing.

I still remember selling at $55 when everyone was saying $30 coins. 

A rule-of-thumb:

- Blockchain transactions to your offline-generated wallets are real.
- Everything else is probably fake.
- The wall observer is a joke, since we make the walls. Others observe them.

Thank you for these kind words, sir.

But please remember that at times, 40% of this thread is metatalk about me, and the raison d'ętre of this thread is to observe the walls that the wallmasters set up. There are other threads available, if you want to discuss my fundamental research in an atmosphere of dignity, or contempt.

The latter thread, is shown as follows in my screen:

I am selling a 1000BTC at 95... just waiting!!!

and buying at 90

All I see are vaginas... do I go in or pull out?

Tan tan taaannn!

The singularity is near!

As others pointed out:

What I felt reading this:

From what I understand, he's pretty loaded and had some great foresight to get into bitcoin early. You don't get to that point without being a winner imo.


As for the 10BTC/hr, it's subjective and probably worth it to some people because this is a very specialized field so you can't just call up any old financial advisor, and if nothing else, rpietila has the reputation to be trusted not to run off with your money.


This forum needs more love

Man, this is all relative - most of people in here got his money in BTC before the bubble, when price was sub $15 - and we went up to $266, and now we are still at $110... Losing money is impossible, there's a lot of people who is VERY loaded and is not pretending they are some gurus.

Remember that buying the BTC2,5k rpietila says he has, was just a $25k investment a few months ago (he bought at the end of 2012 I think - not so early BTW). Not a very big deal.

And BTW, people like Smoothie or Goat (just to say two members that write in this thread) have a bigger stash and they dont brag about it.

10btc per hour....what a bargain.

I will await the 13btc.

Some track record from my recent trades:

TIME/15MIN   BTC CHANGE   USD CHANGE   AVG PRICE
         
1   -707   81 982   115,94
2   -100   11 211   112,11
3   -82   9 058   110,78
4   -250   27 871   111,48
5   -743   80 634   108,51
6   -7   727   109,20
213   -15   1 585   109,00
214   -229   24 776   108,21
215   0   0   
216   100   -10 414   104,14
217   0   0   
218   315   -32 616   103,41
219   114   -11 817   104,00
220   109   -11 147   102,68
221   0   0   
222   -28   2 922   104,36
223   29   -2 972   102,57
224   150   -15 247   101,65
225   489   -48 318   98,81
226   0   0   
227   115   -11 676   101,57
228   22   -2 255   102,30
229   688   -70 213   102,07
230   206   -21 163   102,87
         
   176   2 927   

I am willing to send the raw data to somebody (.xlsx) by email/skype if he promises to publish it (sorry I don't know how to share files efficiently   ). It is 450 transactions and I have already done some preliminary analysis such as grouping the trades in 15 minute brackets as shown above.

6 hours of trading for a gain of 176,000mBTC. If we add the 2 hours of moving the btc for the scare-walls in and out of Gox, 2 hours of premeditation, and 2 hours of backend, it is 12 hours of work.

In my understanding I just made 14,667mBTC per hour. So I don't see realistically, why I would be obliged to surrender my time for any less than 10,000mBTC as a consultant. Many people in my level don't just sell their time.

I think the 2927 dollars I "made" was at least partly fees, and perhaps I left some money uninvested in some account. This is parsed from multiple accounts that I control in Mt.Gox in the name of Eesti Investeerimishobe OU. (Remember always to pay your taxes, I pay them legally to Estonia at a flat rate of 0% VAT and 0% corporate tax.)


Calling me is voluntary! If you are sure that you cannot recoup the price of my advice, don't call  
My number is +358503235950 for consulting calls only. Book your time via SMS and have the bitcoins ready.


Yeah, just remember to notify me when the silver arrives I redeemed it on its way to the recipient because the delivery took "too long" (as if it was not public knowledge that the postal system treats PM shipments badly).


I don't despise anyone, but for the reasons outlined above, I am not very keen on doing small business anymore. The micro-silver-deals that I made in March, were just to gain some postcount really. I think I made a loss on them, but I write it off as marketing expense. In reality I do, and want to do, deals that net me in excess of 10-20,000mBTC per hour invested. With such wages, I don't need to work much to be able to maintain my lifestyle. I urge the others also to be content with what they have, and if not, buy some bitcoins while they still are cheap.

Happy trading! <3

I do.

Also,

Head and shoulders?

I have never seen this.

Why can't the bears and bulls call it a truce at $120 so we can all sleep...

Buy and sell with a plan. Your emotions will f*ck you over. Royally.

A lot of bitcoin traders finally able to sleep/live life.

Wonderful. Here are some numbers and a chart:




1. 2013-04-30, H: 146.93
2. 2013-05-03, L:   79.00

Diff: 67.93, Center: 112.97

3. 2013-05-06, H: 124.90
4. 2013-05-07, L:   97.52

Diff: 27,38, Center: 111.21

Where are we now? ~111-112

Pure harmony..

oh shit...

it's become reptile observer thread again!

Hey guys. I'm new here, and have a question:

Some guy from Sweden (or maybe it was Iceland? I can never keep those countries apart) just sent me a PM. Says he works in the hotel business. He offered to sell me 100k btc for 0.5 USD per coin.

Is that a good price? Should I take him up on his offer?

All that makes no sense

Its Finland, no one will steal his computer in a fancy hotel if they did not know about a huge reward in it
If the funds did not move, you do not announce publicly that they are there, unprotected
Moving BTC to new addresses do not cost "thousands of dollars"

I think this is just a funny way of whoring attention, and telling people how many bitcoins he dreams to have.

BTW, he always said he had 2Kish coins, and super well secured - didn't he?

Adam should rename this thread from wall movement tracker to fiction, fairy tales and dreams...

The quality of the forums is inversely proportional to the BTC/USD exchange rate, it seems.

Adam should rename this thread from wall movement tracker to fiction, fairy tales and dreams...

The quality of the forums is inversely proportional to the BTC/USD exchange rate, it seems.

+1 ... why the fuck would they be getting DDOS right now?

Reptilian: you are mentally fucked. You should start taking your meds again, or just the fuck up.

Yep, buy now before we are in 1000$/BTC. Triple digits will soon be history.

Panic ?

On IRC they are saying they are showing up but it takes a little time.

Oh come now, if people don't panic fairly consistently how can day traders make any money?

I withdrew BTC successfully but it was earlier in the day, around noon EDT.

Edit: Oh, I see you got yours too. Cheers.

So much speculation, so little movement.

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

Wonder how much lag would be created on Gox with a 100k BTC market order. Over/under 3 days? I'm going over. 

A friendly reminder from a 2011 survivor.

Sorry to burst your bubble, but there are no ladies on here. Bitcoin used to have a lady, but she got a Bitcoin tattoo and was never heard from again. Just us guys now.

I think she got 200 BTC for it.

Picture #1 - NSFW-ish
Picture #2 - NSFW-ish
Picture #3 - NSFW-ish
Picture #4 - NSFW-ish

Ahhh, here's the thread.

2011 - Bitcoin was such a wild and crazy world.

Jesse James' tattoos:

If we touch $140 by the end of the month we'll also see $110. Not sure if the market has that much bounce to manage this!

Call me a sloth but holding above $130 by the end of the month will be a major feat.

Yeah, a sloth, a slow bull.

We're just about completing the most stable 7 day period in a long time, isn't that great?    

Or the opposite ...

LOL, I need to make this my default browsing portal.

Gonna be nibbling on $130 soon. I wish the slow steady climb would continue though... if it goes up too fast it's going to rebound quite hard.

Bitcoin is too risky/volatile to be used as a safe store of value, unless you have the luck to purchase at the very start of each bubble and not plan to cash out in one year minimum, if ever.

At the moment rest in speculators territory.

No way anyone is gonna spend 1,000,000$ in bitcoins as a store of value for example, if at the next moment all the bears are going to dump their coins for the only purpose of repurchase cheaper, making the inversor lossing 15% of his inversion.

Think about it, with gold you don't have that problem, no one is watching your purchases in some charts in real time at home just waiting to crash the price later.

I don't like trading for that reason: Woooot, price just jumped ten dollars, lets crash it! weeeee, today bitcoin is worth 20 bucks more than yestarday, but my TA says it can't go parabolic! lets crash the market with my 6k coins and create some panic sell! i need moar cheap coins i don't have enought!

Very few people are cashing out because really they need the cash, 90% are waiting to see a green hour candle to dump their coins for repurchase cheaper. I respect both, but don't like the last.

Greed is slowing adoption, at least adoption by the ones expecting to use Bitcoin as a safe store of value or the ones to want to use it as a currency.

Just my 2cp.

My TA fu isn't very good, but could this be a potential head and shoulders?

so much for weekend dips 

DOWN Down down

You did fail on your last prediction though. You know the one where we are at 140 by the end of last month...

I could be wrong but I will post it here anyway:

My Call is that by May 31st, 2013 we will have at least touched the $140 mark we started the month at if not go higher.

See you in a little over a week...  

In clearer terms?

What's the best plattform to trade altcoins?

If it was a sure thing that BTC would go to 1000, I would sell my car, empty my 401k, drain all bank accounts and pour it into BTC.
We need to make everyone think the price will go that high so they will do the same...
We need a master manipulator...

Coiled to spring downwards

Some bullish pr0n:

Gox approaching 5,000 24hr volume. lulz, btc = dead.

ahhhh the walls are falling the walls are falling ahhhhhh

 

up Up UP!!

199

China is at 217 USD /BTC

How long until the media paints bitcoin as a Chinese backed threat to American power?

this is no good.... at all... WAY WAY too fast going up.

$200 is the new $20, next bubble projection $2000

Now less than 5% spread between gox and stamp. WTF?

As I said many times: buy and hold has historically been a winning strategy with BTC. Daytrading BTC is a huge risk, and IMO it should be done ONLY after an obvious bubble pop that leads to a bear market, as we had from mid April to July/August.

In my book this is a very bad time to daytrade, is time to hold like a motherfucker, as I've been saying since the beginning of July. You made fun of me because of a trolly post I wrote at the beginning of April in which I suggested to a guy to hold to his BTC if he invested what he could afford to lose and didn't want to miss the opportunity of his life. I again stand correct on that post. I don't believe in risk management with BTC, I think the bigger risk is to lose a once in a lifetime opportunity to be really "all set", and the potential with BTC is so high that you don't need to invest a significant % of your wealth, by investing what you can comfortably afford to lose your life can change for real, very soon.

We are all still early adopters, even the guy buying today for the first time, but the window is starting to close, slowly. When it closes for good, it would be sudden. We are approaching ATH, and we all know what happens when we break ATH, right? Huge media exposure and back to bubble mode, and this time $1,000 will be broken in less time you need to blink your eye. What if a BTC ETF is approved by the SEC? You can image.

Sure, secure your profits. I guess that everybody who has been into Bitcoin at least for 1 year has recouped their investment and secured profits at some point. That's the sensible thing to do. But don't fuck up by daytrading when the bear market is over, now it's time to ride the choo choo train. Yeah, crashes will follow parabolic rallies, but will you be able to time that? Be careful, in this game the one with more BTC in his wallet  is the one winning.

wall eaten alive!

the correction is being corrected

new trend? this looks pretty bearish to me... so far so good:

Maybe I'm crazy but I'm expecting something like this:

FYI, bear pennant.

seems like someone doesn't like the CHOO CHOO

scary stuff.

this FUD totally explains the ever increasing gap between mtgox and other exchanges....

Lol, why is Blockchain showing amounts in dollars, not Bitcoin???

https://blockchain.info/address/1C9cmLVbWApYiJo8C7W6hiArESgcowDctp

The problem with Gox is fiat withdrawals not BTC....
They have 3 weeks queue as they replied me on a ticket.....

Too early to call a double bottom?

Will we break 300$ in the next hours? This is so funny to watch, i wish it was real market activity.

Congrats my friend, seriously. I remember that thread. You grasp what the Bitcoin cultists do not.

However, a certain degree of centralization is useful as we have seen, and I don't think it is a fundamental concern except in the very, very long term. Still, it is good to be aware of it.

OK, I'm not on this thread everyday-- but, I gotta say, you guys are awesome (not Fonzie, which, as a side note, is my dog's name, doh)! I always feel like there are a handful of hard core, intelligent folks who are just kinda kicking ass.

Shouts to the very few I know, Vycid, Blitz, Niothor, Adambtsgststa, ElectricMucus, BitcoinAshley, Rampion, Goat, Aminorex, BillyJoelAllen,  solex, JataJuta, windjc, so many of you guys 'get it' and are a pleasure to be around. Just saying. Rock on. I need another beer, now.

Looking forward to the unwinding of this debacle (which, I unfortunately, did not trade awesomely, but should be ok), and the continuance of a legit ecosphere.

Gotta give Tera credit for calling the spike at $619.88 within 12 cents.

It is clear to the developers observing Gox activities that they are working on the problem.  It is however equally clear that they don't appear to be the most reassuringly competent software engineers.  Please note: I'm British - understatement is in our nature.

Ok I'll spell it out for you.  

1. JPY transactions are being made with at least a one month time lag.  

2.  If Gox had domestic banking problems the most likely outcome would be no transactions. Not a growing but functional queue.

3. Insolvency is defined as an inability to pay debts as and when they fall due.  Unless Gox has the money and is deliberately withholding it, it is by definition currently insolvent.  

4. There are only two possibilities with Gox JPY withdrawals:  Either Gox has the money and is deliberately withholding it or they are currently insolvent.  Neither is a good outcome for investors.

5.  There remains the possibility that everyone sending fiat to Gox to try to arbitrage will recapitalise it.  And Gox will reemerge from insolvency or what ever it's current state is.  Of course those funds remain at risk until Gox earnings from commission exceed what it owes to its arbitrage friends.  Until then it's position remains precarious.  

Shake

Accepted

Mine was invested during the last hours at midprice $448. So the 2-month long quest is over. Gained about BTC400, though my loss of BTC250 in Mt.Gox should be debited from this amount.

Bitcoin, you may now rise!

I will go to my castle and occasionally post if there is something important.

This is not ment to be technically correct TA. Anyways I wanted to share this point ov view. Exchange is 1day @Huobi.

it doesnt have much choice. we need to get a move on and break this trend line or spike up.

this area of support cannot be tolerated for long.

It took a full 2 weeks for 400 to fall, and the support zone is actually in 382-384 from the previous bottoms. More likely than not your dream will not come true, sorry.

you are sooo full of shit! =) ^i'll sell you as many as you want@ $389!

where are you located ~ i'm in California ! =)

i deal in CASH, GOLD, SILVER & BITCOINS ! I moderate 5 bitcoin message boards ( one with satoshi lol ) so i'm not going anywhere >>PM me your contact info(e:mail phone number etc).. if you are serious i'd be happy to work something out ! =) *blessed

We're still on the uptrend imo.

Luckily only 0.8BTC.  It really peeved me though because it was just another BTC scam to add to the never ending pile.
Its tiresome trying to hide stuff in a way that isnt touchable by anything, then when I do connect the laptop to the internet
for a transaction, I always worry someone MAY have access at that split second.  To paranoid now.
Ive moved to Armory wallet now and have my wallet on a laptop never connected to the internet and the wallet backups
are on USB drives in my safe.  Im still worried one day Ill see the wallet drained.  It seems like there is never enough you can
do now to keep you BTC safe.  There is always another scam around the corner now.

Bitcoin is now in the despair phase.

Wow.... Fucken quiet in here.   

And the price still stands still. I wonder when the boom is coming...

i am thinking to change all my btc in bitshares and ripple

Bitcoin: so worthless people are giving them away for free at $300 each.

Oh my, these posts are going to be so funny to read when Bitcoin is $100k. People arguing over 10's of dollars lol !!!!

this is what everyone will look like when Core decieds to up the limit a bit



don't disappoint Everyone core devs

UP THE LIMIT TO 2FUCKING MEGABYTES YOU SONS OF BITCHES

Without a block limit the whole bitcoin project is pretty useless.

fuck ya, block size limit? what block size limit?

prefect!

2036 is in 21 years. How big was a hard drive 21 years ago?  (hint: a tiny fraction of the storage on my current 3 year old phone).  Storage is so cheap now that if you include cloud storage like dropbox, it's free.
This is the same fallacy the Malthusians made about mass starvation with population doubling every forty years.  Didn't happen. All famines today are political, including ours.

...
Never risk the lot, make good profits on high risks with small stakes, or lower risks with bigger stakes.

And don't be greedy, always sell your position 'too early' it's way better than 'too late'.