This place need some stimuli! Look at that nice masonry work!
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24179. (Read 26608321 times)
December 01, 2014, 06:18:19 PM
December 01, 2014, 06:05:40 PM
This place need some stimuli! Look at that nice masonry work!
December 01, 2014, 06:00:58 PM
December 01, 2014, 05:58:06 PM
I am sensing a mini rally sneakin up
You've been repeating this non-stop for how long now? Fair enough, I'll follow suit
Honest, this time will be different!
Willing to keep posting the same gif as long as you investment enthusiasts keep falling for the same gag 
December 01, 2014, 05:57:50 PM
what a deja vu, the same questions and discussions like back in june 
Indeed, you could literally go back to this thread in June and all speculation regarding what will happen pre and post auction is there. Its like groundhog day
Sad part is that events will unfold in the same groundhog day style, as the discussion is repeating.
December 01, 2014, 05:44:37 PM
what a deja vu, the same questions and discussions like back in june
Indeed, you could literally go back to this thread in June and all speculation regarding what will happen pre and post auction is there. Its like groundhog day
December 01, 2014, 05:43:57 PM
I am sensing a mini rally sneakin up
December 01, 2014, 05:43:06 PM
what a deja vu, the same questions and discussions like back in june
December 01, 2014, 05:41:39 PM
i think the price will increase after the auction. im pretty sure the us government isnt going to scam any investors in bitcoin.
I guess the main concern is the buyer dumping everything on exchanges, what would make no sense at all, in my opinion
December 01, 2014, 05:39:47 PM
i think the price will increase after the auction. im pretty sure the us government isnt going to scam any investors in bitcoin.
December 01, 2014, 05:37:42 PM
If entity wanted to buy 50kBTC how much would it cost with slippage? Can you trust any exchange with $19MM? Here you're guaranteed clean BTC directly from the US gov. Gotta pay some premium for that
i'd argue the exact opposite : provably dirty !!!
December 01, 2014, 05:35:18 PM
,,, Bitcoin has no central bankers so the money supply is determined by day traders. ,,,,
only central hodlers !
December 01, 2014, 05:31:34 PM
If entity wanted to buy 50kBTC how much would it cost with slippage? Can you trust any exchange with $19MM? Here you're guaranteed clean BTC directly from the US gov. Gotta pay some premium for that
December 01, 2014, 05:31:25 PM
If there is no volatility, then we have done our job. Bitcoin has no central bankers so the money supply is determined by day traders. We profit from volatility by eating it. This is the time for the successful day traders to take a well-earned break.
This is a superior system to central banking because day traders only get paid when we do our job well. Not only that but we lose money when we do it poorly. Eventually the poor traders give all their money to the good traders.and the good traders make the system more stable, buying when there is too much liquidity and selling when there is not enough.
In the free market, every problem is an opportunity for someone.
This is a superior system to central banking because day traders only get paid when we do our job well. Not only that but we lose money when we do it poorly. Eventually the poor traders give all their money to the good traders.and the good traders make the system more stable, buying when there is too much liquidity and selling when there is not enough.
In the free market, every problem is an opportunity for someone.
########
qft!
December 01, 2014, 05:30:42 PM
I remember, at the announcement time price dropped from 660$ to 620$, in a moment of craziness.
Then it bounced a bit but kept falling down to sub-550$. Then it recovered to 630$. After the auction ended,
it collapsed down to 500$, culminating in that 'flash crash' to 450$.
Then it bounced a bit but kept falling down to sub-550$. Then it recovered to 630$. After the auction ended,
it collapsed down to 500$, culminating in that 'flash crash' to 450$.
The price recovered on June 30, when the USMS announced that one bidder got all the lots. Most people concluded that his bid was above market.
The price then started a slow decline, that got worse only after one month. I don't think that this decline was related to the auction. I rather see it as a continuation of the descending trend that dominated from February to April.
December 01, 2014, 05:27:40 PM
If there is no volatility, then we have done our job. Bitcoin has no central bankers so the money supply is determined by day traders. We profit from volatility by eating it. This is the time for the successful day traders to take a well-earned break.
This is a superior system to central banking because day traders only get paid when we do our job well. Not only that but we lose money when we do it poorly. Eventually the poor traders give all their money to the good traders.and the good traders make the system more stable, buying when there is too much liquidity and selling when there is not enough.
In the free market, every problem is an opportunity for someone.
This is a superior system to central banking because day traders only get paid when we do our job well. Not only that but we lose money when we do it poorly. Eventually the poor traders give all their money to the good traders.and the good traders make the system more stable, buying when there is too much liquidity and selling when there is not enough.
In the free market, every problem is an opportunity for someone.
December 01, 2014, 05:25:08 PM
Lets assume a scenario: someone with big pockets want to buy these coins from the USG.
What is the best way to do it? Here is the best method i can imagine:
- suppress prices in major markets during the submission period: in this way, the other bidders will bid too low
- bid higher than market price during submission period
- stop suppressing price afterward, pump it higher than your bid
- baam! you won the auction, you did pay less than market price, other bidders feel stupid, much self-satisfaction ensure
What is the best way to do it? Here is the best method i can imagine:
- suppress prices in major markets during the submission period: in this way, the other bidders will bid too low
- bid higher than market price during submission period
- stop suppressing price afterward, pump it higher than your bid
- baam! you won the auction, you did pay less than market price, other bidders feel stupid, much self-satisfaction ensure
December 01, 2014, 05:22:26 PM
what if tim draper feels that he needs to buy all the coins at the new auction to lower his average buy in for bitcoins and also to potentially make the rest of his bitcoins worth more by allowing the market to rise after people are confident they wont be dumped on...
News say that he is taking part in a syndicate. Doesn't that mean that he intends to buy less than 1 lot (1000 BTC)?
https://medium.com/@MirrorHQ/mirror-creates-syndicate-for-the-december-2014-usms-bitcoin-auction-45870def4f91
December 01, 2014, 05:19:59 PM
sh*t: https://www.youtube.com/watch?v=oNJnwB2i3zk choochoo poo? 
December 01, 2014, 05:09:20 PM
It has gone slow. I do not think there will be any action before weekend. So that means waiting for 4-5 days.
I have feeling there will a huge crash come Friday.
I have feeling there will a huge crash come Friday.
I think we will see action starting on Friday, then some good action on weekend.
I guess we will visit the 400's once more, not sure if to stay
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