Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24820.

adamstgBit

legendary

Activity: 1904

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Trusted Bitcoiner

Quote from: billyjoeallen on October 29, 2014, 09:59:57 PM

If I were a billionaire hedge fund manager, I'd take this measly little $7 BBN market and hold it down with massive short positions until I had made all my deals with miners to acquire my stake. I suspect the real action is not on the exchanges at all.

It seems to me that it's likely going to get worse before it gets better.

I have been saying that to my closest friend for a while now...

this is the part where it gets better imo.

ChartBuddy

legendary

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

billyjoeallen

legendary

Activity: 1106

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Hide your women

If I were a billionaire hedge fund manager, I'd take this measly little $7 BBN market and hold it down with massive short positions until I had made all my deals with miners to acquire my stake. I suspect the real action is not on the exchanges at all.

It seems to me that it's likely going to get worse before it gets better.

empowering

legendary

Activity: 1078

Merit: 1441

Quote from: adamstgBit on October 29, 2014, 09:57:24 PM

When in doubt

Buy some bitcoin

Angry beaver.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

When in doubt

Buy some bitcoin

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

buy Buy BUY!!!!!!!!!!!!

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

333. the mark of the beast half off?

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

i managed to get drunk as hell, on a wednesday night, forgive me i'm going through alot at the moment...

is this the gr8est once in a lifetime buying opt, or wat?

downtosimple

newbie

Activity: 8

Merit: 0

Quote from: ?? on ??

As an aside: I wonder if whoever is crashing out right now cares that the more butthurt is left in Bitcoin's wake, the harders mainstream adoption becomes

Those who are crashing out are with swapped Coins. Even for miners, they may sell short, waiting for coins to be mined to cover. This has been the case in the past months I guess. So, I see profits for selling short come from losses for hodlers/ coin lenders. That has been the whole thing.

Forget about the adoption. The whole circular are all speculators. Who would adopt btc for transaction by that volatility?

But, coin supplies are plenty. As long as the coin swap market is there, short sellers have plenty bullets. Where is the bottom? Any one to comment?

(Sorry, I forgot my pin under Threebits, got to re-register)

noobtrader

legendary

Activity: 1456

Merit: 1000

Quote from: podyx on October 29, 2014, 09:40:28 PM

Quote from: empowering on October 29, 2014, 09:38:37 PM

Quote from: MrPiggles on October 29, 2014, 09:30:49 PM

The carlyle group is up there with goldman sachs in terms of blood sucking parasites on the face of this earths financial systems.

they'll either destroy it or turn it into a massive fortune

No shit.

They are going to go for option B, B for Bitcoin, they will not destroy it, they will profit from it, and... what they ~~will do~~ probably already are doing is milk every gullible noob for every satoshi they hold, before they launch this thing into the stratosphere up out of manys reach.

to the moon?

bitcoin to usd price is irrelevant !!! (covering ear and closing eyes)

podyx

legendary

Activity: 2338

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Quote from: empowering on October 29, 2014, 09:38:37 PM

Quote from: MrPiggles on October 29, 2014, 09:30:49 PM

The carlyle group is up there with goldman sachs in terms of blood sucking parasites on the face of this earths financial systems.

they'll either destroy it or turn it into a massive fortune

No shit.

They are going to go for option B, B for Bitcoin, they will not destroy it, they will profit from it, and... what they ~~will do~~ probably already are doing is milk every gullible noob for every satoshi they hold, before they launch this thing into the stratosphere up out of manys reach.

to the moon?

empowering

legendary

Activity: 1078

Merit: 1441

Quote from: MrPiggles on October 29, 2014, 09:30:49 PM

The carlyle group is up there with goldman sachs in terms of blood sucking parasites on the face of this earths financial systems.

they'll either destroy it or turn it into a massive fortune

No shit.

They are going to go for option B, B for Bitcoin, they will not destroy it, they will profit from it, and... what they ~~will do~~ probably already are doing is milk every gullible noob for every satoshi they hold, before they (and others) launch this thing into the stratosphere up out of manys reach.

MrPiggles

sr. member

Activity: 980

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Decentralized Ascending Auctions on Blockchain

The carlyle group is up there with goldman sachs in terms of blood sucking parasites on the face of this earths financial systems.

they'll either destroy it or turn it into a massive fortune

empowering

legendary

Activity: 1078

Merit: 1441

Quote from: gnode on October 29, 2014, 08:21:36 PM

Time to buy. It is clear from this interview that the ETF will be approved.

http://www.bloomberg.com/video/arthur-levitt-on-sec-s-edgar-filing-system-and-bitcoin-YVtI25q8Tn~vJ2NWIawrpw.html

Good bloody lord, Levitt is a heavyweight, not to mention his career at the SEC but Levitt, a Bitcoin bull, wow... well I never.....

I think once and for all this should dispell any remaining doubt any of you may have had, that wall street are all over this like flies on shit.

Levitt is a senior advisor for the Carlyle group, one the the largest private equity firms in the world, and he also works for/advises Goldman, never realised about the bloomberg relationship though, you learn something new everyday.

Having worked in private equity, I can tell you Carlyle are players, and also quite a fcking scary shady firm.

Swimming with the sharks.

God help you all.

(Trish is such a corporate ~~whore~~ puppet, quite hot if you like that sort of thing but you can almost see Bloombergs hand moving her mouth, and todays letter is B for Bitcoin and also for BAD)

billyjoeallen

legendary

Activity: 1106

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Hide your women

Nobody who had ever bought and held for two years has ever had to cut their losses.

think about that.

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

Dotto

legendary

Activity: 981

Merit: 1005

No maps for these territories

The future is already here — it's just not very evenly distributed

shmadz

legendary

Activity: 1512

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@theshmadz

Quote from: Newbie1022 on October 29, 2014, 08:25:49 PM

Quote from: tarmi on October 29, 2014, 08:21:01 PM

Quote from: shmadz on October 29, 2014, 08:17:26 PM

Quote from: tarmi on October 29, 2014, 08:08:36 PM

Quote from: Newbie1022 on October 29, 2014, 08:04:05 PM

Up to 43 coins now... buying, buying, buying... I've got financial aid money to burn, mother----ers!!!! Wooooo!!!!

noob.

Woulda thunk a guy with the name of NEWBIE1022 would be a noob?

I gotta say though newbie, picking bottoms is a dirty business. I hope you have the stomach for it.

At what price do you panic and cut ur loose if I might ask?

the tragedy is that he got 43 btc to play with.

and I didnt panic, feeling pretty much confident. Wink

I am just going to ride it (I mean, say it goes to $100 well then we have an entirely different calculus, of course) for a while. The bottom is either here or around $260 to $270 (and $200 in a nightmare scenario). Say it goes to $200... it'll still bounce up back to the $300 range following a crash. So, I'm not leveraged so it's still fairly calculated.

The only thing is whether or not I'll kick myself about having been able to buy in at a cheaper price. That may happen. But I don't imagine I'll incur a huge loss as long as I just sit on it.

In that case I'm fairly certain you'll be alright... eventually.

When the price was stagnant in 2012 we didn't see significant movement until after the block having, which won't happen again until sometime in 2016.

You now have a significant position. I would recommend that you just consider that money lost and gone right now, in order to stay emotionally detached.

I would also recommend that if the price does indeed go up again past 350 don't sell you're whole position. I would keep at least half in cold storage until after the next block having and see how it goes.

Of course I can't offer financial advice, only half-hearted emotional support Wink

Newbie1022

full member

Activity: 238

Merit: 100

Quote from: tarmi on October 29, 2014, 08:21:01 PM

Quote from: shmadz on October 29, 2014, 08:17:26 PM

Quote from: tarmi on October 29, 2014, 08:08:36 PM

Quote from: Newbie1022 on October 29, 2014, 08:04:05 PM

Up to 43 coins now... buying, buying, buying... I've got financial aid money to burn, mother----ers!!!! Wooooo!!!!

noob.

Woulda thunk a guy with the name of NEWBIE1022 would be a noob?

I gotta say though newbie, picking bottoms is a dirty business. I hope you have the stomach for it.

At what price do you panic and cut ur loose if I might ask?

the tragedy is that he got 43 btc to play with.

and I didnt panic, feeling pretty much confident. Wink

I am just going to ride it (I mean, say it goes to $100 well then we have an entirely different calculus, of course) for a while. The bottom is either here or around $260 to $270 (and $200 in a nightmare scenario). Say it goes to $200... it'll still bounce up back to the $300 range following a crash. So, I'm not leveraged so it's still fairly calculated.

The only thing is whether or not I'll kick myself about having been able to buy in at a cheaper price. That may happen. But I don't imagine I'll incur a huge loss as long as I just sit on it.

gnode

sr. member

Activity: 492

Merit: 250

Time to buy. It is clear from this interview that the ETF will be approved.

http://www.bloomberg.com/video/arthur-levitt-on-sec-s-edgar-filing-system-and-bitcoin-YVtI25q8Tn~vJ2NWIawrpw.html

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