Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23373.

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: inca on January 20, 2015, 09:49:41 AM

It wouldn't be a great surprise if the whole move down from ~400 was an orchestrated buy up of bitcoins prior to the ETF going live, would it?

Completely delusional as always. Even the biggest idiots stopped with this nonsense. Yet you just go on and on. Amazing.

noobtrader

legendary

Activity: 1456

Merit: 1000

Quote from: ShroomsKit on January 20, 2015, 10:11:46 AM

Quote from: Richy_T on January 20, 2015, 09:45:36 AM

Quote from: LFC_Bitcoin on January 19, 2015, 05:24:42 PM

Why do loads of you guys want the price to stay low?
I'll never understand it.

Personally, I just want it to be at the right level for smooth adoption.

We'll soon reach the point where people won't even accept coins for free.

no more free coin ?

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: Richy_T on January 20, 2015, 09:45:36 AM

Quote from: LFC_Bitcoin on January 19, 2015, 05:24:42 PM

Why do loads of you guys want the price to stay low?
I'll never understand it.

Personally, I just want it to be at the right level for smooth adoption.

We'll soon reach the point where people won't even accept coins for free.

aztecminer

legendary

Activity: 1092

Merit: 1000

Quote from: BrewCrewFan on January 20, 2015, 10:01:09 AM

Quote from: aztecminer on January 20, 2015, 09:57:10 AM

Quote from: BrewCrewFan on January 20, 2015, 09:41:55 AM

The NYSE thing confirmed by coinbase via twitter:

https://twitter.com/coinbase/status/557541383410417664

good to hear. hope they invest in good security. i use them mostly like a gateway to get my usd turned into bitcoin. it usually never stays there long since i will send it to either an exchange, or to bitmain, or to my cold storage wallet. i have never turned any bitcoins into usd so i don't know how that works but i assume is same as buying it.

Yeah I have not used that USD wallet they just put into place. IMO, you should never store money there ( or anywhere for that matter ) at least for the time being....cuz you never know.

good policy. stay with it. think security all the time. only keep on the exchange what you can afford to lose. that is another reason why i do not advise peeps to buy bitcoins is due to the security problems and that i would have to teach them how to use cold storage. i tell people to be very conservative and only buy what can afford to lose. if can't handle those requirements then is best to buy pms (gold and silver).

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: btcney on January 20, 2015, 08:13:17 AM

http://www.reddit.com/r/Bitcoin/comments/2t1nhr/bitfinex_exchange_owner_admits_to_using_inside/
Text got already deleted, full text here:
https://archive.today/geq4k

Free market. Stop crying. This is what Bitcoiners want.

indiemax

hero member

Activity: 722

Merit: 500

Quote from: gotmilk_ on January 20, 2015, 09:41:32 AM

Quote from: noobtrader on January 20, 2015, 09:35:17 AM

Quote from: BrewCrewFan on January 20, 2015, 09:33:30 AM

Quote from: ?? on ??

Quote from: BrewCrewFan on January 20, 2015, 09:12:45 AM

Quote from: ghandi on January 20, 2015, 09:10:35 AM

Looking at the order books, i'm not convinced we're moving anywhere (significantly...)

Agreed. Good to see steady finally

With that said CoinBase just got a huge infuse of VC....

http://recode.net/2015/01/20/bitcoin-firm-coinbase-raises-75-million-from-dfj-the-nyse-and-two-banks/

Yep, bitcoin is dead Cheesy

Coinbase has raised $75m as part of a Series C funding round backed by a host of impressive first-time bitcoin investors including the New York Stock Exchange (NYSE), Fortune 500 financial services group USAA, Spanish megabank BBVA and Japanese telcom giant DoCoMo.

Too add onto that... I think this is from NYSE themselves:

http://otp.investis.com/clients/us/intercontinental_exchange_group/usn/usnews-story.aspx?cid=953&newsid=28438

Quote

Released : 20 January 2015

NEW YORK--(BUSINESS WIRE)-- Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, announced today that its wholly-owned subsidiary, The New York Stock Exchange, has made a minority investment in Coinbase, a leading bitcoin wallet and platform with over 2.1 million consumer wallets, 38,000 merchants and 7,000 developers.

Coinbase was established in 2012 in San Francisco and provides a platform for people to easily and securely use the digital currency bitcoin.

“With this investment, we are tapping into a new asset class by teaming up with a leading platform that is bringing transparency, security and confidence to an important growth market,” said NYSE President Tom Farley. “We look forward to supporting Coinbase’s growth utilizing our global distribution capabilities and market expertise.”

The New York Stock Exchange will work with Coinbase to bring additional transparency to bitcoin pricing. ICE is a leading provider of financial information and market data and has worked through its benchmark administration business to restore confidence and integrity in financial data.

Terms of the investment were not disclosed.

i think ETF is around the corner then ? i think this is very ~~interesting~~ gentlemen

Not sure about ETF I would bet more on BitLicens Wink

^^^^^^^^^^^^^^^^^^^^^^^^this

Wekkel

legendary

Activity: 3122

Merit: 1538

yes

I was promised a rally Huh

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: luckygenough56 on January 20, 2015, 05:44:25 AM

interest 404 not found

nobody wants to buy more than 50 dollars per btc for what bitcoin has to offer (virtually nothing but risks and issues)

whole btc market only constituted by a handfull of whales toying with price waiting for the final blow

yet the conspiracists, fat geeks and paranoiacs (99% of cultists) will keep dreaming about the world collapsing and bitcoin being the answer

what am i doing, bitcoin isn't even worth trolling anymore

Finally someone who gets it.

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: inca on January 20, 2015, 09:55:09 AM

... If/when the ETF goes live it will almost inevitably draw in lots of investment capital into ~~the~~ space...

FTFY because zero article.

podyx

legendary

Activity: 2338

Merit: 1035

Quote from: abercrombie on January 20, 2015, 09:54:09 AM

Is it time? Woke up 7:30 AM Eastern Time, Bought 26 at $210 and saw it go straight to $203.

Now $213, maybe I should sell the news?

What news?

BrewCrewFan

hero member

Activity: 672

Merit: 501

Quote from: aztecminer on January 20, 2015, 09:57:10 AM

Quote from: BrewCrewFan on January 20, 2015, 09:41:55 AM

The NYSE thing confirmed by coinbase via twitter:

https://twitter.com/coinbase/status/557541383410417664

good to hear. hope they invest in good security. i use them mostly like a gateway to get my usd turned into bitcoin. it usually never stays there long since i will send it to either an exchange, or to bitmain, or to my cold storage wallet. i have never turned any bitcoins into usd so i don't know how that works but i assume is same as buying it.

Yeah I have not used that USD wallet they just put into place. IMO, you should never store money there ( or anywhere for that matter ) at least for the time being....cuz you never know.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Bitfinex

Bitstamp

Explanation

findftp

legendary

Activity: 1022

Merit: 1008

Delusional crypto obsessionist

Quote from: inca on January 20, 2015, 09:55:09 AM

Quote from: noobtrader on January 20, 2015, 09:50:40 AM

Quote from: inca on January 20, 2015, 09:49:41 AM

It wouldn't be a great surprise if the whole move down from ~400 was an orchestrated buy up of bitcoins prior to the ETF going live, would it?

i thought they already has a lot of bitcoin for the etf ?

Not the winklevii. If/when the ETF goes live it will almost inevitably draw in lots of investment capital into the space. All the winklevii coins are only valued 20 million USD now. It is likely that prior to such an announcement there will be buying up on coins en masse by those in the know. A great way to do this is to smash the price first.

This could all just be the market waking up to how oversold btc is - 75,000,000 USD in Coinbase from investors including banks shows where this market is going over the next few years - imagine if that capital hit the exchanges.

Nice observation, I like it.
It could also mean they are investing in the system and backend because they do not really care which crypto currency is going to run on it in the end.

aztecminer

legendary

Activity: 1092

Merit: 1000

Quote from: abercrombie on January 20, 2015, 09:54:09 AM

Is it time? Woke up 7:30 AM Eastern Time, Bought 26 at $210 and saw it go straight to $203.

Now $213, maybe I should sell the news?

buy high sell low! it has been oscillating between about 215 and 200 since the weekend.

aztecminer

legendary

Activity: 1092

Merit: 1000

Quote from: BrewCrewFan on January 20, 2015, 09:41:55 AM

The NYSE thing confirmed by coinbase via twitter:

https://twitter.com/coinbase/status/557541383410417664

good to hear. hope they invest in good security. i use them mostly like a gateway to get my usd turned into bitcoin. it usually never stays there long since i will send it to either an exchange, or to bitmain, or to my cold storage wallet. i have never turned any bitcoins into usd so i don't know how that works but i assume is same as buying it.

BrewCrewFan

hero member

Activity: 672

Merit: 501

[/quote]

Quote from: abercrombie on January 20, 2015, 09:54:09 AM

Is it time? Woke up 7:30 AM Eastern Time, Bought 26 at $210 and saw it go straight to $203.

Now $213, maybe I should sell the news?

Yeah but silk road blah blah blah...

noobtrader

legendary

Activity: 1456

Merit: 1000

Quote from: NotLambchop on January 20, 2015, 09:53:33 AM

Burningtrain.gif, gentlemen?

pink unicorn would do...

criptix

legendary

Activity: 2464

Merit: 1145

Quote from: abercrombie on January 20, 2015, 09:54:09 AM

Is it time? Bought 26 at $210 and saw it go straight to $203.

Now $213, maybe I should sell the news?

makin 3 bucks ^^

coinbase funding: this is good news

inca

legendary

Activity: 1176

Merit: 1000

Quote from: noobtrader on January 20, 2015, 09:50:40 AM

Quote from: inca on January 20, 2015, 09:49:41 AM

It wouldn't be a great surprise if the whole move down from ~400 was an orchestrated buy up of bitcoins prior to the ETF going live, would it?

i thought they already has a lot of bitcoin for the etf ?

Not the winklevii. If/when the ETF goes live it will almost inevitably draw in lots of investment capital into the space. All the winklevii coins are only valued 20 million USD now. It is likely that prior to such an announcement there will be buying up on coins en masse by those in the know. A great way to do this is to smash the price first.

This could all just be the market waking up to how oversold btc is - 75,000,000 USD in Coinbase from investors including banks shows where this market is going over the next few years - imagine if that capital hit the exchanges.

abercrombie

legendary

Activity: 1159

Merit: 1001

Is it time? Woke up 7:30 AM Eastern Time, Bought 26 at $210 and saw it go straight to $203.

Now $213, maybe I should sell the news?

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23373. (Read 26713246 times)