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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24438. (Read 26713542 times)

legendary
Activity: 896
Merit: 1001
Oh man, we must be close to "Despondency" . Look at this forum.

Who's looking forward to "Depression?"
legendary
Activity: 1680
Merit: 1045
stolfi + ripple promo is making this place pretty unbearable. Sad
Well, they gotta lunch off a BTC bear market when they can. When we go green again, no one will have any interest in any other alt whatsoever.

but ripple isn't even an alt. It's what people who have no idea about bitcoin think about bitcoin. i.e a centralised ponzi scheme. The whole point in blockchain tech is decentralisation.

ARGH I'm feeding trolls.
sr. member
Activity: 378
Merit: 254
...
Thanks Walsoraj for that RIPPLE link, pretty interesting. Maybe we can have further discussions about this technology in here!  Smiley
I would love to hear what JayJuanGee thinks about it!

legendary
Activity: 1568
Merit: 1001
stolfi + ripple promo is making this place pretty unbearable. Sad
Well, they gotta lunch off a BTC bear market when they can. When we go green again, no one will have any interest in any other alt whatsoever.
legendary
Activity: 1680
Merit: 1045
stolfi + ripple promo is making this place pretty unbearable. Sad
hero member
Activity: 504
Merit: 500
Moderator
This RIPPLE thing sounds pretty interesting, could somebody please tell me something about it! Thanks


White papers here: https://forum.ripple.com/viewtopic.php?t=4301

Bitcoin = AOL. Ripple = the internet. The smart money is currently moving into Ripple.

Thanks Walsoraj for that RIPPLE link, pretty interesting. Maybe we can have further discussions about this technology in here!  Smiley
I would love to hear what JayJuanGee thinks about it!
hero member
Activity: 910
Merit: 1003
Now that the US has put out a notice for auction of 50000 BTC, i see big investors and whales dumping to bring down the price so that they can buy in cheap and pickup those 50K coins. Something similar to what happened when they announced the sale the last time.

The price rose, for as-yet unknown reasons, from ~450$ on May-20 to ~650$ on Jun-03, and held there for a few days,

On Jun-12 the USMS announced the auction of the SR coins. The price immediately fell ~70$, and wandered about ~580$ until the auction.  It was ~600$ on auction day, Jun-29.

On the next day, Jun-30, the price jumped up again to about ~650$.  However it started to decline gradually, and by the end of July it was back to ~580$.

The drop after the announcement may have been manipulation, as claimed above.  However it could have been due to  general fear that the auctioned coins would end up being sold on the open market, and/or that the auction would close well below market.

The recovery on Jun-30 would then be due to the news that all coins had been bought by a ingle bidder.  Most people inferred, rightly or wrongly, that his bid had been well above market, and therefore that he was optimistic about the long term, and therefore he would not be dumping those coins on the exchanges.  (Anyone recalls when exactly Draper came public?)

Is the current slump related to the new USMS auction?  The times do not seem to match, and the impact of this new auction's announcement has been nothing compared to that of the June one.



legendary
Activity: 2338
Merit: 2106
Let's try to get all the ripple pumptards banned from this forum. Since there are ripple forums existing , why the fucking hell are they polluting our beautiful B I T C O I N forum? centralized, bank taylored rotten garbage/scam coins.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 378
Merit: 254
legendary
Activity: 2268
Merit: 1141
Now that the US has put out a notice for auction of 50000 BTC, i see big investors and whales dumping to bring down the price so that they can buy in cheap and pickup those 50K coins. Something similar to what happened when they announced the sale the last time. My only issue is, once the price settled down it did not move up as quickly as everyone anticipated. Could this mean another long drawn bear run? Don't know for sure, but im buying in when these coins are cheap and hoping that the price starts rising once the auction is done and dusted. My 2 satoshi. Grin

I share this view. I think we won't go anywhere untill the 144k from DPR are auctioned off and a similair pattern will appear next two auctions.
legendary
Activity: 1778
Merit: 1043
#Free market
legendary
Activity: 1092
Merit: 1000
This RIPPLE thing sounds pretty interesting, could somebody please tell me something about it! Thanks


White papers here: https://forum.ripple.com/viewtopic.php?t=4301

Bitcoin = AOL. Ripple = the internet. The smart money is currently moving into Ripple.
How? Ripple Labs doesn't sell stock shares.

See previous posts. XRP is like a stock that Ripple issues as the market develops. More issued as liquidity increases. Can buyback if liquidity fades. Much better mechanism for distribution than mining.


sounds more like printing more money than issuing more stocks...
problem is that racket is already been tried and FAILING very badly.
wait! with ripple we can now 'unprint' the money if we want too!
yeah i can see how that is superior technology /sarcasm.
legendary
Activity: 1092
Merit: 1000
This RIPPLE thing sounds pretty interesting, could somebody please tell me something about it! Thanks


White papers here: https://forum.ripple.com/viewtopic.php?t=4301

Bitcoin = AOL. Ripple = the internet. The smart money is currently moving into Ripple.




ripple sounds like a scam where a private bank prints all the money for a country except in this case it is a private company.
i have a hard time believing that a private company is someday soon going to replace the usd as a reserve currency.
i feel like i am trying to watch a great show and i keep getting spammed with someones latest scammercial.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 588
Merit: 500
Lemme help some of you new guys out.  Whenever you see things like market price setting at a fake number like $399.99 379.99 359.99, and it sits there for more than 12-24 hours without going up, you can bet that another dump is incoming.

You're welcome.

Oh jee, is it the same pattern all year?  Cheaper coins incoming.

Thank god the Bitstamp price have not been fixed with surgical precision. Grin
legendary
Activity: 1680
Merit: 1045
legendary
Activity: 1778
Merit: 1043
#Free market
hero member
Activity: 966
Merit: 526
🐺Dogs for President🐺
Lemme help some of you new guys out.  Whenever you see things like market price setting at a fake number like $399.99 379.99 359.99, and it sits there for more than 12-24 hours without going up, you can bet that another dump is incoming.

You're welcome.

Oh jee, is it the same pattern all year?  Cheaper coins incoming.

But it's going in the other direction now. and no one is dumping. 

$380 incoming
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