Shorts going up. Ballsy. Hope they can afford to lose some money.
That's the only way they can suppress the price, by borrowing coins they do not have. If they had coins they wouldn't be stupid enough to sell right now.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22696. (Read 26720692 times)
March 04, 2015, 03:36:47 PM
That's the only way they can suppress the price, by borrowing coins they do not have. If they had coins they wouldn't be stupid enough to sell right now.
March 04, 2015, 03:26:20 PM
cuz I like the players and you like the game!
omfg we are not doing this....
Had to google it.
You pansies...
March 04, 2015, 03:17:33 PM
cuz I like the players and you like the game!
omfg we are not doing this....
March 04, 2015, 03:12:24 PM
March 04, 2015, 03:08:51 PM
Yes, gentlemen... Rather unscientific. and yet...
Have this nagging feeling I'll soon be seeing many "Bitcoin value has nothing to do with exchange price" & "It's not about profits, it's about mah freedomz" posts.
Not sure why, just a hunch
Not sure why, just a hunch
March 04, 2015, 03:08:13 PM
Good amount of support at $280. I'm hoping for another rise today. Too much stability and bears start shorting again.
March 04, 2015, 03:06:01 PM
Beartrap? 
looks like it ... since yesterday we keep getting these little $5 cliffdive attempts to spook the market ... each one rejected almost immediately as price returns to the previous level within an hour or two ... but people may be more comfortable with a stable 275 instead of stable 285 ? ... with nobody really wanting to be the first one buying into the likely dumping at 300 ? ... i'd guess we can approach 300 but not break it without some time sideways / below 300 ... basically creep through 300 not bust through it ? ...
what a goofy poll ... but i suppose we do need a fun one every now and then
... 32k in 2 years ... wouldn't that be fun ... realistic ? nah ... 
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March 04, 2015, 03:02:40 PM
This example shows that some big institutional investors could invest in raw bitcoins, but currently don't want to, presumably due to its high risk and unpredictable future. These same reasons should prevent them from buying GBTC or COIN shares, since their financial risk cannot be better than bitcoin's.
That is mind-numbingly obvious. Anyone with money to invest, in this or in any asset, could invest, and if they haven't, it's because they've decided its too risky.
We're just waiting for when they decide it's too risky not to invest.
March 04, 2015, 02:59:19 PM
March 04, 2015, 02:56:14 PM
March 04, 2015, 02:53:31 PM
Bitcoin isn't Gold, Steel or Cement. In theory an ETF (or similar) shouldn't be necessary. I understand that a lot of investors like to work that way, but it's kind of odd when they just as well could open an account on Coinbase and trensfer it to a Trezor.
institutional investors dont or rather cant do that.In terms of safety, investing in bitcoin (remotely) by buying GBTC shares does not seem to be much safer than buying and keeping (a bit more directly) in a Coinbase wallet.
As for institutional investors: recall that Fortress Investment (a multibillion financial outfit, not to be confused with TradeFortress) bought some number of bitcoins directly in 2013. Bitcoin was the only red stain in their 2014 quarterly reports. Fortress quicky got rid of their bitcoins, swapping them for equity in the Pantera subsidiary that runs the PBP bitcoin fund. (Note: not shares of the fund, but shares of the managing company).
This example shows that some big institutional investors could invest in raw bitcoins, but currently don't want to, presumably due to its high risk and unpredictable future. These same reasons should prevent them from buying GBTC or COIN shares, since their financial risk cannot be better than bitcoin's.
While I see articles noting that Fortress rolled their $20m bitcoin stake into Pantera, their latest 10K indicates they still seem to own bitcoin directly, and it traces back to the $20m original investment in 2013.
Go to link below and search for bitcoin, and you will see the $20m investment in 2012, the year end 2013 value of $16.298m, and year-end 2014 value of $6.828m, a 58% decline, which is consistent with the market decline from 12/31/13 to 12/31/14.
http://www.sec.gov/Archives/edgar/data/1380393/000138039315000003/fig-20141231x10k.htm
March 04, 2015, 02:51:08 PM
LOL I love these poll questions and answers...always entertaining one way or another! 
I decided to dedicate my vote to balancing the poll. I'm still bullish though, just not as much as some of the voters March 04, 2015, 02:50:44 PM
Shorts going up. Ballsy. Hope they can afford to lose some money.
March 04, 2015, 02:49:46 PM
Question: 32,000$ by mid 2017?
LOL does that mean this poll is going to stay up until June 2017?
LOL does that mean this poll is going to stay up until June 2017?
March 04, 2015, 02:40:54 PM
LOL I love these poll questions and answers...always entertaining one way or another!
March 04, 2015, 02:39:40 PM
Beartrap?
March 04, 2015, 02:34:42 PM
We will get up to the 300$, buy pressure seems to kick in pretty well and good news keep coming
But for the retrace hater people here if you take a longer timeframe, were still headed to double top and retrace, before a bigger move confirms
https://www.tradingview.com/x/tEaDyufa/
But for the retrace hater people here if you take a longer timeframe, were still headed to double top and retrace, before a bigger move confirms
https://www.tradingview.com/x/tEaDyufa/
If there is not enough selling in the market, it
Lol I like this quote
March 04, 2015, 02:15:19 PM
Bitcoin isn't Gold, Steel or Cement. In theory an ETF (or similar) shouldn't be necessary. I understand that a lot of investors like to work that way, but it's kind of odd when they just as well could open an account on Coinbase and trensfer it to a Trezor.
institutional investors dont or rather cant do that.In terms of safety, investing in bitcoin (remotely) by buying GBTC shares does not seem to be much safer than buying and keeping (a bit more directly) in a Coinbase wallet.
As for institutional investors: recall that Fortress Investment (a multibillion financial outfit, not to be confused with TradeFortress) bought some number of bitcoins directly in 2013. Bitcoin was the only red stain in their 2014 quarterly reports. Fortress quicky got rid of their bitcoins, swapping them for equity in the Pantera subsidiary that runs the PBP bitcoin fund. (Note: not shares of the fund, but shares of the managing company).
This example shows that some big institutional investors could invest in raw bitcoins, but currently don't want to, presumably due to its high risk and unpredictable future. These same reasons should prevent them from buying GBTC or COIN shares, since their financial risk cannot be better than bitcoin's.
Thats actually an interesting point of view
Its not that they dont buy BTC directly, they do, but the environment is not safe enough for them yet
News keep kikin and looks good regulationswise
March 04, 2015, 02:14:19 PM
March 04, 2015, 02:04:13 PM
jokes aside, i'm really hoping we can steam pass 300 b4 some bear whale takes a massive dump
at what time was the poll posted yesterday? doubt we'll make it.
anyways, i voted no, where is my lollipop.
No lollipop for you , you jinxed it.
BURN THE WITCH!!!!!
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