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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20724. (Read 26609996 times)

legendary
Activity: 1232
Merit: 1011
no point to dump into your own buy walls. Wink
legendary
Activity: 2002
Merit: 1040
legendary
Activity: 1232
Merit: 1011
this is the news guys.
hero member
Activity: 1132
Merit: 818
I think we are in for a wild ride soon

Yup. I'll be ready to sell the news.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
this is for the canadians!

full member
Activity: 122
Merit: 100
Im waiting "gemieffect"
hero member
Activity: 588
Merit: 500
I think we are in for a wild ride soon
legendary
Activity: 2268
Merit: 1141
Nice 1k buy on stamp :-)
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 177
Merit: 100
Correct me if I'm wrong, but why do some bears consider that last SR auction, good news for them?Aren't those auction participants buying at market price or slightly above it? Why would they dump those coins on exchanges instead of waiting for a significant increase in price?

The mere announcement of an auction often produced a dump even if the price pumped after the auction. We never found out what any winner paid, and I think it depended on sentiment at the time of particular auctions. I guess the first auction winner paid $500 - $600 market price to win all the coins. Although there was a good pump after the first auction the winner says he's still holding them. However, I guess the second auction winners paid less than the market price judging by the post auction dump. The sentiment was bearish at the time of the second auction.
If I were a troll whale, I'd pump the shit out of BTC on the 4th of November so that nobody gets to have cheap coins the next day at the auction.
ImI
legendary
Activity: 1946
Merit: 1019
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 184
Merit: 100
Correct me if I'm wrong, but why do some bears consider that last SR auction, good news for them?Aren't those auction participants buying at market price or slightly above it? Why would they dump those coins on exchanges instead of waiting for a significant increase in price?

The mere announcement of an auction often produced a dump even if the price pumped after the auction. We never found out what any winner paid, and I think it depended on sentiment at the time of particular auctions. I guess the first auction winner paid $500 - $600 market price to win all the coins. Although there was a good pump after the first auction the winner says he's still holding them. However, I guess the second auction winners paid less than the market price judging by the post auction dump. The sentiment was bearish at the time of the second auction.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
Correct me if I'm wrong, but why do some bears consider that last SR auction, good news for them?Aren't those auction participants buying at market price or slightly above it? Why would they dump those coins on exchanges instead of waiting for a significant increase in price?

I've seen some of them suggest this as well. But the bigger worry is probably that the auction will remove 44k bitcoin x [number of bidders] of buying pressure from the regular markets.
full member
Activity: 177
Merit: 100
Correct me if I'm wrong, but why do some bears consider that last SR auction, good news for them?Aren't those auction participants buying at market price or slightly above it? Why would they dump those coins on exchanges instead of waiting for a significant increase in price?
legendary
Activity: 1458
Merit: 1006
[Bullish Sean Connery]

First we have to get pass this one:
"US Government to Sell 44,000 BTC in Final Silk Road Auction"
http://www.coindesk.com/us-government-to-sell-44000-btc-in-final-silk-road-auction/



Possibly final time to grab some cheap coins? We will see. Hold on tight either way!

I agree. Everyone knows the bottom is in now. Buying 44k without slippage is going to be a lot more tempting this time 'round.

Fuck yes. I mean... Try buying 44K on Bitfinex right now. Instant ATH.

Aaaand... You just bought the top and got fucked. Bitcoin is too small.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
[Bullish Sean Connery]

First we have to get pass this one:
"US Government to Sell 44,000 BTC in Final Silk Road Auction"
http://www.coindesk.com/us-government-to-sell-44000-btc-in-final-silk-road-auction/



Possibly final time to grab some cheap coins? We will see. Hold on tight either way!

I agree. Everyone knows the bottom is in now. Buying 44k without slippage is going to be a lot more tempting this time 'round.
legendary
Activity: 1358
Merit: 1016


First we have to get pass this one:
"US Government to Sell 44,000 BTC in Final Silk Road Auction"
http://www.coindesk.com/us-government-to-sell-44000-btc-in-final-silk-road-auction/



Possibly final time to grab some cheap coins? We will see. Hold on tight either way!
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