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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21747. (Read 26609075 times)

legendary
Activity: 2002
Merit: 1040
Microbears in action this weekend.

They'll be sad tomorrow morning.  Wink
hero member
Activity: 784
Merit: 1000
Microbears in action this weekend.
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
Anybody know how that process works?  If somebody buys 100 shares will a xbt bot buy 100 shares off a exchange in real time?  Or is it a deal where if more and more shares get bought then will buy in like 1000 coin baskets off a exchange whenever they want?

If Bitcoin Tracker One trade above the real bitcoin price, XBT Provider AB (Swedish company) will buy bitcoins and sell new notes on the exchange.
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL


Don't cry, fellow bulls. Just 8 days to Nasdaq Sweden start trading bitcoin-paper (backed by real BTC).
This time, with unlimited volume on both bids and asks. (The GBTC has less than 150.000 bitcoins in matured shares.)

I don't think its backed by real BTC. When you buy oil shares, you don't back up your shares with buying more actual oil.

Yes it is. From Coindesk: "XTB Provider AB will hedge all sales of the bitcoin traded note by buying an equal value in the bitcoin market."

I believe people underestimate the potential of Bitcoin Tracker One since it's trading on Nasdaq Stockholm, but the bears should be scared...
legendary
Activity: 910
Merit: 1000
Anybody know how that process works?  If somebody buys 100 shares will a xbt bot buy 100 shares off a exchange in real time?  Or is it a deal where if more and more shares get bought then will buy in like 1000 coin baskets off a exchange whenever they want?
sr. member
Activity: 406
Merit: 251


Don't cry, fellow bulls. Just 8 days to Nasdaq Sweden start trading bitcoin-paper (backed by real BTC).
This time, with unlimited volume on both bids and asks. (The GBTC has less than 150.000 bitcoins in matured shares.)

I don't think its backed by real BTC. When you buy oil shares, you don't back up your shares with buying more actual oil.

Yes it is. From Coindesk: "XTB Provider AB will hedge all sales of the bitcoin traded note by buying an equal value in the bitcoin market."
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1260
Merit: 1116
^^Stable. Mainstream. Bitcoin.



Have you watched any of these yet? Nicely produced and full of puns Smiley Friendship is Witchcraft. <=click

P.S: Yes, there's nothing happening Sad

Mah sides Cheesy

Thank you.

P.S. Back to $200 then?
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Seems quiet in here this evening.
Price not really doing much either, I suppose with it being Sunday it's to be expected.
I hope tomorrow is the beginning of a bullish week.
Maybe a target of 250+ by the end of next week.

Come on bulls, load up the exchanges with fresh FIAT.

We go again!!!!!
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1512
Merit: 1000
@theshmadz
got in with 370 btc last week at 230, this week we should be going over 250s Tongue , btc isnt pumping , its undervalued and smart money is buying it up Cool
Its not undervalued. Its rightly valued atm.  Don't expect the price to move upward in the coming 2-3 months, just hope that the dumpers wont dominate the market again.

sorry bro, but i fully expect the price to move upward in the coming 2-3months, we are at a very crucial period, http://www.coindesk.com/swedens-nasdaq-exchange-approves-bitcoin-based-etn/   is one of many reasons. With regulation so near they are stocking up. Once regulated the biggest changes will be in exchanges and coin storage as both will now be fully insured against theft etc. Exchanges will have to comply with the new rules which will mean full id of all users, in return for giving the id you will feel safe knowing your coins are insured. Banks will offer services based on btc and will make it easier and safer for the avergae joe to buy/hold and trade as long as tax is paid.

http://www.coindesk.com/nasdaq-bitcoin-marketplace-noble/   heres another

Most of the coins flowing into XBT Providers ETN will be from KnC Miners stash. This is just a way for KnC to get a pretty penny for their mined coins. I wouldn't expect this to move the market.

Even so... if XBT Provider gets 10mil€ (still small number) in first month this could turn around the whole market. I doubt KNC will simply sell all their coins sub 300$. KNC will probably help them buying on OTC markets.

Everyone from EU will be able to buy XBT shares... So there could be some huge money flow into it.

I couldn't find the report about the Swiss fund that was considering taking all it's money out of the bank and holding it in a vault, but I did find this.

http://www.businessinsider.com/r-snb-considering-higher-negative-interest-rates-schweiz-am-sonntag-2015-3
"a rate of minus 1.5 percent is being considered".

The war on savers is going to force people to find alternatives.

*Edit - found it
http://www.acting-man.com/?p=37037
"One fund manager showed that for every CHF 10 m. in pension money, his fund would save CHF 25,000 – in spite of the costs involved in vault rent, cash transportation and other expenses."
legendary
Activity: 2380
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1260
Merit: 1116
^^Stable. Mainstream. Bitcoin.

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
Had a dream last night that the price was $252, I was sort of disappointed because I sold a few coins on bitquick and was ready to buy back in on another dip.

That is a surprisingly modest dream coming from you.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
got in with 370 btc last week at 230, this week we should be going over 250s Tongue , btc isnt pumping , its undervalued and smart money is buying it up Cool
Its not undervalued. Its rightly valued atm.  Don't expect the price to move upward in the coming 2-3 months, just hope that the dumpers wont dominate the market again.

sorry bro, but i fully expect the price to move upward in the coming 2-3months, we are at a very crucial period, http://www.coindesk.com/swedens-nasdaq-exchange-approves-bitcoin-based-etn/   is one of many reasons. With regulation so near they are stocking up. Once regulated the biggest changes will be in exchanges and coin storage as both will now be fully insured against theft etc. Exchanges will have to comply with the new rules which will mean full id of all users, in return for giving the id you will feel safe knowing your coins are insured. Banks will offer services based on btc and will make it easier and safer for the avergae joe to buy/hold and trade as long as tax is paid.

http://www.coindesk.com/nasdaq-bitcoin-marketplace-noble/   heres another

Most of the coins flowing into XBT Providers ETN will be from KnC Miners stash. This is just a way for KnC to get a pretty penny for their mined coins. I wouldn't expect this to move the market.

Even so... if XBT Provider gets 10mil€ (still small number) in first month this could turn around the whole market. I doubt KNC will simply sell all their coins sub 300$. KNC will probably help them buying on OTC markets.

Everyone from EU will be able to buy XBT shares... So there could be some huge money flow into it.

Idk. As I understand there is not much securing these ETNs other than the trust you might have in the company holding the assets, and that's a KnC company. I wouldn't touch it with a ten foot pole. But I hope you are right.

xbt is just one of many new ventures we will be seeing, also winkles and others working hard to make btc mainstream. we went to $1000 with just silk rd, gox and a few other small fish. Now we have microsoft,dell,virgin,goldman s, nasdaq and much much more, we are defo going up all these guys are waiting for is regulation as its them that have pressed for it most.

Also miners....btc reward halfs in around 12-15 months.

Now you're talking! I agree wholeheartedly!
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Had a dream last night that the price was $252, I was sort of disappointed because I sold a few coins on bitquick and was ready to buy back in on another dip.
legendary
Activity: 2758
Merit: 1075
got in with 370 btc last week at 230, this week we should be going over 250s Tongue , btc isnt pumping , its undervalued and smart money is buying it up Cool
Its not undervalued. Its rightly valued atm.  Don't expect the price to move upward in the coming 2-3 months, just hope that the dumpers wont dominate the market again.

sorry bro, but i fully expect the price to move upward in the coming 2-3months, we are at a very crucial period, http://www.coindesk.com/swedens-nasdaq-exchange-approves-bitcoin-based-etn/   is one of many reasons. With regulation so near they are stocking up. Once regulated the biggest changes will be in exchanges and coin storage as both will now be fully insured against theft etc. Exchanges will have to comply with the new rules which will mean full id of all users, in return for giving the id you will feel safe knowing your coins are insured. Banks will offer services based on btc and will make it easier and safer for the avergae joe to buy/hold and trade as long as tax is paid.

http://www.coindesk.com/nasdaq-bitcoin-marketplace-noble/   heres another

Most of the coins flowing into XBT Providers ETN will be from KnC Miners stash. This is just a way for KnC to get a pretty penny for their mined coins. I wouldn't expect this to move the market.

Even so... if XBT Provider gets 10mil€ (still small number) in first month this could turn around the whole market. I doubt KNC will simply sell all their coins sub 300$. KNC will probably help them buying on OTC markets.

Everyone from EU will be able to buy XBT shares... So there could be some huge money flow into it.

xbt is just one of many new ventures we will be seeing, also winkles and others working hard to make btc mainstream. we went to $1000 with just silk rd, gox and a few other small fish. Now we have microsoft,dell,virgin,goldman s, nasdaq and much much more, we are defo going up all these guys are waiting for is regulation as its them that have pressed for it most.

Also miners....btc reward halfs in around 12-15 months.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
got in with 370 btc last week at 230, this week we should be going over 250s Tongue , btc isnt pumping , its undervalued and smart money is buying it up Cool
Its not undervalued. Its rightly valued atm.  Don't expect the price to move upward in the coming 2-3 months, just hope that the dumpers wont dominate the market again.

sorry bro, but i fully expect the price to move upward in the coming 2-3months, we are at a very crucial period, http://www.coindesk.com/swedens-nasdaq-exchange-approves-bitcoin-based-etn/   is one of many reasons. With regulation so near they are stocking up. Once regulated the biggest changes will be in exchanges and coin storage as both will now be fully insured against theft etc. Exchanges will have to comply with the new rules which will mean full id of all users, in return for giving the id you will feel safe knowing your coins are insured. Banks will offer services based on btc and will make it easier and safer for the avergae joe to buy/hold and trade as long as tax is paid.

http://www.coindesk.com/nasdaq-bitcoin-marketplace-noble/   heres another

Most of the coins flowing into XBT Providers ETN will be from KnC Miners stash. This is just a way for KnC to get a pretty penny for their mined coins. I wouldn't expect this to move the market.
newbie
Activity: 23
Merit: 0
Other bears are banned too.

But I see a lot of newbie bull accounts popping out. I guess we have a new bitcointalk trend established by prominent bears. Get in before it's too late. 
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