Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26538. | Bitcointalksearch.org
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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26538. (Read 26708408 times)

hero member
Activity: 504
Merit: 500
Moderator
No really, everyone should wait until September until the hedgefonds "officially" start buyin up the market....
It makes no sense at all to buy before them....  Wink Cheesy


Edit: You know what they say about rumors...

Lol

I'm glad I took you off of ignore a few weeks ago. You seem different lately, why the change?

I quit being sober.  Cheesy

SR! BTC! TO DA MOON!
ImI
legendary
Activity: 1946
Merit: 1019
No really, everyone should wait until September until the hedgefonds "officially" start buyin up the market....
It makes no sense at all to buy before them....  Wink Cheesy


Edit: You know what they say about rumors...

Sell the rumor, buy the news.
hero member
Activity: 784
Merit: 1000
No really, everyone should wait until September until the hedgefonds "officially" start buyin up the market....
It makes no sense at all to buy before them....  Wink Cheesy


Edit: You know what they say about rumors...

Lol

I'm glad I took you off of ignore a few weeks ago. You seem different lately, why the change?
hero member
Activity: 784
Merit: 1000
That was a strong buy, I'd say! It's still somewhat going strong. Most interestingly: The resistance to 600 is quite weak. But there's a big wall waiting for us, if we actually do get there!

I think that wall is sitting at 599.xx
hero member
Activity: 504
Merit: 500
Moderator
No really, everyone should wait until September until the hedgefonds "officially" start buyin up the market....
It makes no sense at all to buy before them....  Wink Cheesy


Edit: You know what they say about rumors...
hero member
Activity: 518
Merit: 500
Trust me!
That was a strong buy, I'd say! It's still somewhat going strong. Most interestingly: The resistance to 600 is quite weak. But there's a big wall waiting for us, if we actually do get there!
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1260
Merit: 1008

thanks Justus. this is big. I'm eagerly waiting for the day the documents about alleged market manipulation will be published.

tl;dr Jon Matonis Executive Director of The Bitcoin Foundation accused to manipulate the market through "The Exante Fund".

FYI the author have deleted the article from medium.com platform, strange.

Justus do you have any more info?
sr. member
Activity: 378
Merit: 250
Super Smash Bros. Ultimate Available Now!
So,  I was wondering if the Jersey Island Bitcoin fund, GABI, has a certain time of day for settlement of orders?  It seemed that there were some large purchases of coins made at the end of their work day on Friday!  If this is the case, then perhaps today we will see the same thing in a few hours?  (or at the end of each work day from this point)  I am hoping!  Grin
I was thinking the same.  Grin

They said they would take in orders during august and start buying in september, there was a lot of interest, even from small private banks worth a couple of billion, the smallest parties wich showed interest were willing to buy in the 5-10$ million range.

Source?

Here you go: http://www.forbes.com/sites/alisoncoleman/2014/08/03/europes-bitcoin-entrepreneurs-winning-investor-seal-of-approval

since you obviously haven't heard of Google...

Thanks
sr. member
Activity: 434
Merit: 250
So,  I was wondering if the Jersey Island Bitcoin fund, GABI, has a certain time of day for settlement of orders?  It seemed that there were some large purchases of coins made at the end of their work day on Friday!  If this is the case, then perhaps today we will see the same thing in a few hours?  (or at the end of each work day from this point)  I am hoping!  Grin
I was thinking the same.  Grin

They said they would take in orders during august and start buying in september, there was a lot of interest, even from small private banks worth a couple of billion, the smallest parties wich showed interest were willing to buy in the 5-10$ million range.

Source?

Here you go: http://www.forbes.com/sites/alisoncoleman/2014/08/03/europes-bitcoin-entrepreneurs-winning-investor-seal-of-approval

since you obviously haven't heard of Google...
sr. member
Activity: 434
Merit: 250
There was significant buying last Friday. Will we see the same later today?

As expected.  Grin
Time to load up.  Grin
sr. member
Activity: 378
Merit: 250
Super Smash Bros. Ultimate Available Now!
So,  I was wondering if the Jersey Island Bitcoin fund, GABI, has a certain time of day for settlement of orders?  It seemed that there were some large purchases of coins made at the end of their work day on Friday!  If this is the case, then perhaps today we will see the same thing in a few hours?  (or at the end of each work day from this point)  I am hoping!  Grin
I was thinking the same.  Grin

They said they would take in orders during august and start buying in september, there was a lot of interest, even from small private banks worth a couple of billion, the smallest parties wich showed interest were willing to buy in the 5-10$ million range.

Source?
legendary
Activity: 3794
Merit: 5474
Will amazon and other big players accepting bitcoin cause the value to drop?

I'm thinking it will, since most use services like bitpay and it would make sense for them to sell the coins quickly. That would be a lot of selling that will probably offset good publicity.

For a large influx of bitcoins coming in, seems like it would make sense for bitpay and other big processors to sit on their reserves and just sell, and watch the price drop, and then build their reserves back up at the low price.

I hope somebody can tell me I'm wrong.  Sad

No, it'll actually drop sharply at first because whale traders like to quickly flash crash the market, in order to buy up cheap coins before the good news makes the media rounds and the actual public buying starts.  In the next few days that follow, good news spreads quickly, more people buy, and the price naturally goes back up.  Then the whales slowly sell it back down, reaping their 10% profits along the way back down to where it was before the good news was announced.  Wash, rinse, repeat.

I'm surprised that others have not recognized this obvious pattern, as it has played out over and over and over again over the past 3 months.  Good news announcements have always been accompanied by an immediate sharp sell off.  The price rises, then slowly back down again.
legendary
Activity: 1148
Merit: 1001
So,  I was wondering if the Jersey Island Bitcoin fund, GABI, has a certain time of day for settlement of orders?  It seemed that there were some large purchases of coins made at the end of their work day on Friday!  If this is the case, then perhaps today we will see the same thing in a few hours?  (or at the end of each work day from this point)  I am hoping!  Grin
I was thinking the same.  Grin

They said they would take in orders during august and start buying in september, there was a lot of interest, even from small private banks worth a couple of billion, the smallest parties wich showed interest were willing to buy in the 5-10$ million range.

I only read that they will begin "trading" in September.  So this could be an accumulation time frame before the coins can be sold.  I wish that GABI was a little more transparent about what they are doing.  I don't like speculating this much.  Undecided
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 434
Merit: 250
So,  I was wondering if the Jersey Island Bitcoin fund, GABI, has a certain time of day for settlement of orders?  It seemed that there were some large purchases of coins made at the end of their work day on Friday!  If this is the case, then perhaps today we will see the same thing in a few hours?  (or at the end of each work day from this point)  I am hoping!  Grin
I was thinking the same.  Grin

They said they would take in orders during august and start buying in september, there was a lot of interest, even from small private banks worth a couple of billion, the smallest parties wich showed interest were willing to buy in the 5-10$ million range.

Those that wanna pay using bitcoin, will buy first, so the effect is zero
Those that have bitcoin and are going to spend them, either buy using bitcoin or sell bitcoin and use fiat, either way the effect on price is the same.
So NO, merchants don't drive the price down, it's the people that spend or sell their bitcoin.
sr. member
Activity: 434
Merit: 250
So,  I was wondering if the Jersey Island Bitcoin fund, GABI, has a certain time of day for settlement of orders?  It seemed that there were some large purchases of coins made at the end of their work day on Friday!  If this is the case, then perhaps today we will see the same thing in a few hours?  (or at the end of each work day from this point)  I am hoping!  Grin
I was thinking the same.  Grin

They said they would take in orders during august and start buying in september, there was a lot of interest, even from small private banks worth a couple of billion, the smallest parties wich showed interest were willing to buy in the 5-10$ million range.
sr. member
Activity: 442
Merit: 250
Found Lost beach - quiet now
Will amazon and other big players accepting bitcoin cause the value to drop?

I'm thinking it will, since most use services like bitpay and it would make sense for them to sell the coins quickly. That would be a lot of selling that will probably offset good publicity.

For a large influx of bitcoins coming in, seems like it would make sense for bitpay and other big processors to sit on their reserves and just sell, and watch the price drop, and then build their reserves back up at the low price.

I hope somebody can tell me I'm wrong.  Sad



ImI
legendary
Activity: 1946
Merit: 1019
sr. member
Activity: 434
Merit: 250
So,  I was wondering if the Jersey Island Bitcoin fund, GABI, has a certain time of day for settlement of orders?  It seemed that there were some large purchases of coins made at the end of their work day on Friday!  If this is the case, then perhaps today we will see the same thing in a few hours?  (or at the end of each work day from this point)  I am hoping!  Grin
I was thinking the same.  Grin
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