Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24139. (Read 26607966 times)
December 04, 2014, 05:58:50 PM
368. the end is near!
December 04, 2014, 05:58:27 PM
http://dealbook.nytimes.com/2014/12/04/second-bitcoin-auction-draws-fewer-bidders/?module=BlogPost-Title&version=Blog%20Main&contentCollection=Financial%20Services&action=Click&pgtype=Blogs®ion=Body
Though the Marshals Service did not announce the price of Mr. Draper’s winning bid, it is widely assumed among Bitcoin investors that he bid above Bitcoin’s market price at the time. As a result, some investors who had hoped to get a bargain last time saw little point in participating in this auction.
Quote
Though the Marshals Service did not announce the price of Mr. Draper’s winning bid, it is widely assumed among Bitcoin investors that he bid above Bitcoin’s market price at the time. As a result, some investors who had hoped to get a bargain last time saw little point in participating in this auction.
So, many of the bidders last time were low-balling ... that's new info about the last auction and hardly bullish really is it
December 04, 2014, 05:53:37 PM
I know I should be feeling sorry for you just about now, but can't stop laughing.
Hang in there, buddy
December 04, 2014, 05:50:52 PM
63 bids last time... 27 bids this time. Bearish. Very Bearish. But, in a speculative way. We really don't know much but you trade the rumor. Super bearish. And yes, I have a short. And no, I don't care about talking my book because the guys who really move the market aren't trolling around Bitcointalk's speculation forum.
Can't wait until this kid gets squeezed again. rofl
are you talking about a squeeze of 6200 btc on shorts or the 24 mio usd (up to 64800 btc)on longs in Bitfinex .
December 04, 2014, 05:46:24 PM
about 1 hour to lift off. 
HAHAHAHAHAHAHA!!!!
liftoff for a bunker-buster missile, maybe.
Still sitting with your cap in hand and asking for a BTC hand out? Still can't afford your electric? but shorting 50 BTC.
Yeah, I sold a pile at $425 so I have my light bill covered for a few months.
December 04, 2014, 05:44:42 PM
63 bids last time... 27 bids this time. Bearish. Very Bearish. But, in a speculative way. We really don't know much but you trade the rumor. Super bearish. And yes, I have a short. And no, I don't care about talking my book because the guys who really move the market aren't trolling around Bitcointalk's speculation forum.
Can't wait until this kid gets squeezed again. rofl
December 04, 2014, 05:42:22 PM
http://dealbook.nytimes.com/2014/12/04/second-bitcoin-auction-draws-fewer-bidders/?module=BlogPost-Title&version=Blog%20Main&contentCollection=Financial%20Services&action=Click&pgtype=Blogs®ion=Body
Though the Marshals Service did not announce the price of Mr. Draper’s winning bid, it is widely assumed among Bitcoin investors that he bid above Bitcoin’s market price at the time. As a result, some investors who had hoped to get a bargain last time saw little point in participating in this auction.
Quote
Though the Marshals Service did not announce the price of Mr. Draper’s winning bid, it is widely assumed among Bitcoin investors that he bid above Bitcoin’s market price at the time. As a result, some investors who had hoped to get a bargain last time saw little point in participating in this auction.
December 04, 2014, 05:40:38 PM
about 1 hour to lift off.
HAHAHAHAHAHAHA!!!!
liftoff for a bunker-buster missile, maybe.
Still sitting with your cap in hand and asking for a BTC hand out? Still can't afford your electric? but shorting 50 BTC.
December 04, 2014, 05:36:37 PM
about 1 hour to lift off.
HAHAHAHAHAHAHA!!!!
liftoff for a bunker-buster missile, maybe.
December 04, 2014, 05:35:10 PM
...
maybe honey badger don't give a fuck.
maybe honey badger don't give a fuck.
Here's hoping against hope that Bitcoiners are smarter than honey badgers...
December 04, 2014, 05:32:46 PM
maybe the winning bids were 10-20% below market price
maybe the winners will sell there winning for profit on the markets in the coming weeks
maybe honey badger don't give a fuck.
maybe the winners will sell there winning for profit on the markets in the coming weeks
maybe honey badger don't give a fuck.
I expect them to be a lot below the market price.
December 04, 2014, 05:30:53 PM
maybe the winning bids were 10-20% below market price
maybe the winners will sell their winnings for profit on the markets in the coming weeks
maybe honey badger don't give a fuck.
maybe the winners will sell their winnings for profit on the markets in the coming weeks
maybe honey badger don't give a fuck.
December 04, 2014, 05:29:11 PM
I decided to buy a pretty decent chunk of coins (approximately 26 BTC).
Therefore, my average price per BTC in my own BTC holdings came down from approximately $558 to $537.
Therefore, my average price per BTC in my own BTC holdings came down from approximately $558 to $537.
So you have like ~225 bitcoins now. Especially in your case, that is at least putting your money where your mouth is
Lets see what Monday brings us, after some shaky hands dumping during Fri-Mon.
Hahahahahaha.... I will neither admit NOR deny... I had been thinking about how much detail I should provide...
December 04, 2014, 05:23:14 PM
Wow!!!!!!!! If that's true, then that is surely a small number of bids. 27 bids for 20 lots?
I may have to revise my thinking based on that news if it were true.
yes but maybe someones 1 bid was for 10 blocks @390
bids vs bidders? I would assume 27 bidders = open to bid on all blocks.. still a decent amount of action to compete with if so.
Yeah.... TOO much mystery here...
27 bidders is very bullish
however
27 bids would be very bearish.
I think we'll go lower on the number of bids and bidders. Maybe even a fair bit lower. That said, buying here isn't a bad decision at all. We'll almost certainly go reasonably higher than this price at some juncture.
December 04, 2014, 05:22:39 PM
ah but if you buy the 20K BTC available on the market today and then immediately send the price to infinity you've just made some very nice paper profits
do not quote/feed trolls.
December 04, 2014, 05:20:25 PM
...
you do realize that buying 50K bitcoin on stamps could (in theory and under very specific conditions) puch price well over infinity
you do realize that buying 50K bitcoin on stamps could (in theory and under very specific conditions) puch price well over infinity
If you do it really wrong, yeah. You can also accidentally send the coin you bought to the wrong addy.
Are we trying to come up with "how can I lose money like an idiot" scenarios?
ah but if you buy the 20K BTC available on the market today and then immediately send the price to infinity you've just made some very nice paper profits
in bitcoin land this is known as rocket-science
December 04, 2014, 05:19:48 PM
One bid could take them all...
Quote
Bidders must register to participate in a designated Series. Bidders may register to participate in more than one Series, but must provide the required deposit for each Series (i.e. the deposit requirement aggregates depending on the number of Series selected).
As with the last auction, one registration allows you to bid on multiple blocks for the same price, but does not allow you submit multiple bids at varying prices. If you wish to have the ability to bid multiple prices on multiple blocks within the same Series, you will need to submit another registration form and additional deposit. The following examples are provided for your convenience:
Example 1: A bid to purchase three (3) blocks of Series A for the same per bitcoin price (e.g. $X per bitcoin for 6,000 Series A bitcoins) requires ONE registration form for Series A with a $100,000 deposit. Use ONE Bid Form to bid for ALL THREE Series A blocks.
Example 2: A bid to purchase three (3) blocks of Series A for the same per bitcoin price (e.g. $X per bitcoin for 6,000 Series A bitcoins), and two (2) blocks of Series B for the same per bitcoin price (e.g. $Y per bitcoin for 6,000 Series B bitcoins) requires ONE registration form for BOTH Series A and B with a $250,000 deposit ($100,000 for Series A plus $150,000 for Series B). Use ONE Bid Form to bid for Series A AND Series B blocks. Note that the per-bitcoin price for Series A does not need to match the Series B per-bitcoin price.
Example 3: Three (3) separate bids to purchase blocks of Series A at different prices (e.g. $X per bitcoin for 2,000 bitcoins, $Y per bitcoin for 2,000 bitcoins, and $Z per bitcoin for 2,000 bitcoins) requires THREE separate registration forms (EACH selecting Series A), and a $300,000 deposit ($100,000 for EACH registration). Use THREE Bid Forms, ONE FOR EACH Series A block. Note that each registration also permits a bidder to register for other Series (requiring additional deposits).
As with the last auction, one registration allows you to bid on multiple blocks for the same price, but does not allow you submit multiple bids at varying prices. If you wish to have the ability to bid multiple prices on multiple blocks within the same Series, you will need to submit another registration form and additional deposit. The following examples are provided for your convenience:
Example 1: A bid to purchase three (3) blocks of Series A for the same per bitcoin price (e.g. $X per bitcoin for 6,000 Series A bitcoins) requires ONE registration form for Series A with a $100,000 deposit. Use ONE Bid Form to bid for ALL THREE Series A blocks.
Example 2: A bid to purchase three (3) blocks of Series A for the same per bitcoin price (e.g. $X per bitcoin for 6,000 Series A bitcoins), and two (2) blocks of Series B for the same per bitcoin price (e.g. $Y per bitcoin for 6,000 Series B bitcoins) requires ONE registration form for BOTH Series A and B with a $250,000 deposit ($100,000 for Series A plus $150,000 for Series B). Use ONE Bid Form to bid for Series A AND Series B blocks. Note that the per-bitcoin price for Series A does not need to match the Series B per-bitcoin price.
Example 3: Three (3) separate bids to purchase blocks of Series A at different prices (e.g. $X per bitcoin for 2,000 bitcoins, $Y per bitcoin for 2,000 bitcoins, and $Z per bitcoin for 2,000 bitcoins) requires THREE separate registration forms (EACH selecting Series A), and a $300,000 deposit ($100,000 for EACH registration). Use THREE Bid Forms, ONE FOR EACH Series A block. Note that each registration also permits a bidder to register for other Series (requiring additional deposits).
thanks for this
so 27bids doesn't look so bearish after all
This...
And you don't go through all that AML and KYC fbi shit if you're not planning to buy big
I had actually thought we might get a spike after the auction, but not on this news. I think people are purely delusional if they think this is anything but bearish. Could it have been more bearish... well, sure. But, not good news, guys.
December 04, 2014, 05:18:50 PM
I decided to buy a pretty decent chunk of coins (approximately 26 BTC).
Therefore, my average price per BTC in my own BTC holdings came down from approximately $558 to $537.
Therefore, my average price per BTC in my own BTC holdings came down from approximately $558 to $537.
So you have like ~225 bitcoins now. Especially in your case, that is at least putting your money where your mouth is
Lets see what Monday brings us, after some shaky hands dumping during Fri-Mon.
December 04, 2014, 05:16:34 PM
...
you do realize that buying 50K bitcoin on stamps could (in theory and under very specific conditions) puch price well over infinity
you do realize that buying 50K bitcoin on stamps could (in theory and under very specific conditions) puch price well over infinity
If you do it really wrong, yeah. You can also accidentally send the coin you bought to the wrong addy.
Are we trying to come up with "how can I lose money like an idiot" scenarios?
December 04, 2014, 05:15:59 PM
sentiment is low, volume is low, volatility is low, number of bids is low.
EVERYTHING IS LOW!
EVERYTHING IS LOW!
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