Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24180.

JorgeStolfi

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Quote from: lay785 on December 01, 2014, 11:29:40 AM

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

hdbuck

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sh*t: https://www.youtube.com/watch?v=oNJnwB2i3zk choochoo poo? Shocked

Brewins

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Quote from: Coinshot on December 01, 2014, 04:04:56 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 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

LFC_Bitcoin

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#1 VIP Crypto Casino

Can people stop quoting the trolls please

N12

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Quote from: fonsie on December 01, 2014, 08:36:58 AM

Quote from: ShroomsKit on November 25, 2014, 05:34:47 AM

Silver is going up fast again. So happy i moved all my coins into silver. I bought at the very bottom.

My market analysis why we are about to see a huge rally in btc...

On the 25 november ShroomsKit said he's all out of btc and fully invested in Silver, although it could still be possible that he's invested in aluminium instead...

Although he claimed to have bought at the very bottom, looking at the chart https://www.bullionvault.com/silver-price-chart.do, it seems he bought at the very top right before a crash to 14.75$, it has slightly recovered, but still not enough for Shroomies ultimate goal of "it can easily double".

A crash in Silver and a boom in BTC are Shroomie his worst nightmares at this point, combined with almost a full year of non-stop crying about dumpers... well I see no reason why it wouldn't be the PERFECT time for a rally.

Grin

ChartBuddy

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Explanation

Fatman3001

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Quote from: grappa_barricata on December 01, 2014, 04:20:43 PM

Quote from: Fatman3001 on December 01, 2014, 03:58:05 PM

Quote from: 4ever on December 01, 2014, 03:55:09 PM

I see a lot of people posting that the reaction would be negative. Lets just hope it isn't so.

That's what they did last time, and we went up %50.

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$.
Having said this, i don't think these events are relevant per-se. But they are used by market makers to justify
big movements, and that is what i'm waiting for... Cool

You're right, I conflated a bunch of ups and downs in my head. I see it went up $50 the day before only to drop a bit and flatline until the end of July when we were treated to the spiral of death for some months. It stayed around $600 until August the 11th though, but by then I don't think the auction had much to do with the mid-August crash.

Miz4r

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Quote from: grappa_barricata on December 01, 2014, 04:20:43 PM

Quote from: Fatman3001 on December 01, 2014, 03:58:05 PM

Quote from: 4ever on December 01, 2014, 03:55:09 PM

I see a lot of people posting that the reaction would be negative. Lets just hope it isn't so.

That's what they did last time, and we went up %50.

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$.
Having said this, i don't think these events are relevant per-se. But they are used by market makers to justify
big movements, and that is what i'm waiting for... Cool

After the auction ended price went up to $658 actually after it had been below $600 for some time. After that we started to slowly drift down again culminating into capitulation below $300.

4ever

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Quote from: grappa_barricata on December 01, 2014, 04:20:43 PM

Quote from: Fatman3001 on December 01, 2014, 03:58:05 PM

Quote from: 4ever on December 01, 2014, 03:55:09 PM

I see a lot of people posting that the reaction would be negative. Lets just hope it isn't so.

That's what they did last time, and we went up %50.

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$.
Having said this, i don't think these events are relevant per-se. But they are used by market makers to justify
big movements, and that is what i'm waiting for... Cool

I guess we will see it next week then.

grappa_barricata

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playing pasta and eating mandolinos

Quote from: Fatman3001 on December 01, 2014, 03:58:05 PM

Quote from: 4ever on December 01, 2014, 03:55:09 PM

I see a lot of people posting that the reaction would be negative. Lets just hope it isn't so.

That's what they did last time, and we went up %50.

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$.
Having said this, i don't think these events are relevant per-se. But they are used by market makers to justify
big movements, and that is what i'm waiting for... Cool

ShroomsKit

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Quote from: ShroomsKit on November 29, 2014, 05:32:55 PM

Here is my prediction for next week. Every new buyer will leave right away after getting dumped on by traders and on monday a pump and dump on tuesday as well wednesday also thursday also friday also saturday also and sunday also.

Spot on so far.

NotLambchop

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^
Nah, nothing to worry about. You'll be just fine.

Coinshot

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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.

ChartBuddy

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