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

[JayJuanGee]

Isn't this sort of good news? After all, doesn't this imply that at least some of the lost Mt. Gox money is going to be returned?

Personally, I believe that it does NOT imply any return of coin, but it does allow the users to verify balances and to be on NOTICE regarding the amount that GOX shows in their account.. so if the customer wants to dispute the GOX amount then, they have to raise those kinds of concerns.  Probably, it also will take away some concerns that people have to rectify their records with GOX...   There is some value in this for GOX to clarify these amounts to the public, but it does NOT imply that the customers will get anything more than 0% in respect to those amounts.

[adamstgBit]

Phew, my 0.00340434 BTC are still there.

Yeah.. I bet you were losing a lot of sleep regarding that stash.

lol i have 1cent and 0.00006260BTC in mtgox

should i claim it?

 

aw i feel so bad for poeple with big money stuck in mtgox

my friend lost over 10K worth of coins and $

i kept telling him, "don't use mtgox, its scary" " get your money out now the price is pretty much equal to virtex", " mtgox is starting to get really scary get out,so you'll lose 20%, get out now! "

but alas he did not listen to me.

[ardana123]

Phew, my 0.00340434 BTC are still there.

Yeah.. I bet you were losing a lot of sleep regarding that stash.

[Richy_T]

heheh gotta love that.  

Two graphs on arbitrary scales, one ascending one descending cross each other? Whoda thunk it?

Not that we're not going to hell in a hand-basket but this is just unbelievably stupid naive herp-derp type stuff.

[adamstgBit]

heheh gotta love that.  

Two graphs on arbitrary scales, one ascending one descending cross each other? Whoda thunk it?

Not that we're not going to hell in a hand-basket but this is just unbelievably stupid naive herp-derp type stuff.

world GDP is down 10 Fing %
is this for real?
quickly buy all the bitcoins!

[aminorex]

hidden order at 619.99, so feel free to sell the farm.

[Equus]

Phew, my 0.00340434 BTC are still there.

Phew, I still remember my Mt Gox password.

[Le Happy Merchant]

So, if loss of bid depth on both sides is dramatically measurable, that likely translates to a short-term loss of interest in BTC and likely downward trends....

I say it means hoarding has really begun.

[arepo]

So, if loss of bid depth on both sides is dramatically measurable, that likely translates to a short-term loss of interest in BTC and likely downward trends....

I say it means hoarding has really begun.

a WILD CONJECTURE has appeared!

pretty sure it was just traders shifting the position of their orders in response to the first significant price action in almost a week. i forgot how far you guys in this thread will extrapolate and exaggerate any innocent data...

[Le Happy Merchant]

WILD CONJECTURE

All I do baby.

[ChartBuddy]

Explanation

[Nicholas-Carraway]

New high in ltc/btc since January. 

[keithers]

New high in ltc/btc since January. 

yes, I have been following this too.   I have been holding onto LTC for awhile...considering flipping a few back into BTC

[JayJuanGee]

So, if loss of bid depth on both sides is dramatically measurable, that likely translates to a short-term loss of interest in BTC and likely downward trends....

I say it means hoarding has really begun.

Trading and hoarding are two different concepts.... .. ... ... YET I take it that a fair translation,in the trading, scenario would be that hoarding is HODLING....... which means... I am NOT giving up my coins until the price goes up....   

[arepo]

So, if loss of bid depth on both sides is dramatically measurable, that likely translates to a short-term loss of interest in BTC and likely downward trends....

I say it means hoarding has really begun.

Trading and hoarding are two different concepts.... .. ... ... YET I take it that a fair translation,in the trading, scenario would be that hoarding is HODLING....... which means... I am NOT giving up my coins until the price goes up....   

not to scare you, but what if the price never goes back up? it's certainly a possibility that you must consider.

[JayJuanGee]

So, if loss of bid depth on both sides is dramatically measurable, that likely translates to a short-term loss of interest in BTC and likely downward trends....

I say it means hoarding has really begun.

a WILD CONJECTURE has appeared!

pretty sure it was just traders shifting the position of their orders in response to the first significant price action in almost a week. i forgot how far you guys in this thread will extrapolate and exaggerate any innocent data...

I would NOT describe a $5 to $10 downward trickling movement as a "significant price action."

[Nicholas-Carraway]

yes, I have been following this too.   I have been holding onto LTC for awhile...considering flipping a few back into BTC
[/quote]

Charts look like a little selling of BTC in China for a bit more LTC trading.  We'll see in next few days at Huobi.

[JayJuanGee]

So, if loss of bid depth on both sides is dramatically measurable, that likely translates to a short-term loss of interest in BTC and likely downward trends....

I say it means hoarding has really begun.

Trading and hoarding are two different concepts.... .. ... ... YET I take it that a fair translation,in the trading, scenario would be that hoarding is HODLING....... which means... I am NOT giving up my coins until the price goes up....    

not to scare you, but what if the price never goes back up? it's certainly a possibility that you must consider.

YES>>>>>> I believe that the bears have reminded readers of this thread sufficiently that we readers CANNOT for get about that NOT GOING UP possibility...... so yes, I have considered that possibility, and I am NOT too SCARED !!!!!!!!!!,    yet.

[arepo]

So, if loss of bid depth on both sides is dramatically measurable, that likely translates to a short-term loss of interest in BTC and likely downward trends....

I say it means hoarding has really begun.

a WILD CONJECTURE has appeared!

pretty sure it was just traders shifting the position of their orders in response to the first significant price action in almost a week. i forgot how far you guys in this thread will extrapolate and exaggerate any innocent data...

I would NOT describe a $5 to $10 downward trickling movement as a "significant price action."

then you have something to learn about price movement. not only is a $15 movement in a 6-hour period the largest range we have seen in about a week, the volume associated with the movement is the largest we've seen in that same time frame. this makes it significant in magnitude if only in comparison to the watching-paint-dry-caliber price behavior this past week. it is also significant in that it may herald a steady increase in volatility from here on out after that painfully quiet consolidation.

[Walsoraj]

And steadily declining total bid sum.