Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20455. (Read 26656869 times)

370 taken!

Feels like we're going to see 400 by morning

No, 22 million in US Dollar swaps. Leveraged longs on margin. These trades cannot bank a profit until the coins are sold. In the meantime they are paying interest (to me) on the loans.

The last big pump didn't have an auction looming over it. This rise may scare off bidders and there could be a big dump afterwards. I sold half so it's an even way bet for me personally.

What does this mean no coins left on stamp. Its order book is still bigger than Huobi.

as for BFX, are there really 22 million dollars in short sales on BFX? is there a chart for that you can link for me?

You fool, this bot pump will be bigger and better than the last

Just sold @366 USD where are the rest of the profit takers I want to buy back for less dammit 

Too soon . . . ?

BFX won't run out of coins because ~$22MM worth of longs have to cover at some point.

welcome back bullish sentiment.

is the bear truly slain?

Coin

Explanation

This market is very liquid, and paper profits can be realized at any time... especially in recent times, there is much ability to liquidate, which is going to become very attractive for new investors.

Stamp getting frisky

Sermon on the Mount, an outlook not seen from any particular height.

Man, I could swear I read that the first time around and the negative in that third paragraph was NOT capitalized. I thought for sure you had that thing beat. Now I'm going to sleep imagining you went back and fixed that. Like you couldn't help it. I don't know if that's what happened, but it's a pretty funny thought. Isn't JJG

I'm not an expert, but this looks fun.

incredible how stable we are at 360+

I'm sorry to hear that.

I am sure that we cannot prepare for all contingencies, but if you were forced to cash out nearly 80% of your holdings, and if you were not a bear, then most likely, you had over-invested (and over extended yourself) to some extent. 

Certainly, I am NOT trying to be judgmental or critical because many times things can go in much of a different direction than we had expected.. and then things come up in life and then bears have been really successful in the past year or so in keeping down the price... but in the end, even a low price for a year, is kind of within what should have been expected and to be prepared for such, no?

Well, Certainly, I believe that there still is a lot of money to be made from bitcoin for those people who are smart enough and willing to recognize and admit that bitcoin is still in its very early days... and we are currently seeing some pumping and some attempts at dumping, and the battle, in essence is being won by the bulls... at least that is our current momentum. 

We have an auction coming up this week, so interesting times ahead.

I am currently not suggesting that we are completely cleared from the bull market, but it seems pretty fricking good, especially the quantity of volume of trade that has been going on in the past nearly 12 weeks  - look at the weekly candles on bitstamp... entering into week 12 with really good numbers that started out approximately the week before the $198.12 lowpoint in the fourth week of August.

$480 next stop