Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25387.

inca

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Quote from: wobber on October 04, 2014, 06:14:23 AM

Quote from: esse83 on October 04, 2014, 06:10:47 AM

Quote

Has anybody tried simply calling the lawyer in charge of getting ETF: COIN approved? I just did. She expects the review process to continue for at least one more year. That was a bit shocking for me as I was hoping for late 2014.

http://www.reddit.com/r/BitcoinMarkets/comments/2i7bfn/has_anybody_tried_simply_calling_the_lawyer_in/

Hahahha (excuse my trolling), the gay-ETF-Messiah that everyone hoped to save the price is not going to appear in 2014. LAME!

Yeah lawyers often give away confidential information to random reddit cold callers about a multi million dollar net worth client. Jesus you are a moron wobber.

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: wobber on October 04, 2014, 06:14:23 AM

Quote from: esse83 on October 04, 2014, 06:10:47 AM

Quote

Has anybody tried simply calling the lawyer in charge of getting ETF: COIN approved? I just did. She expects the review process to continue for at least one more year. That was a bit shocking for me as I was hoping for late 2014.

http://www.reddit.com/r/BitcoinMarkets/comments/2i7bfn/has_anybody_tried_simply_calling_the_lawyer_in/

Hahahha (excuse my trolling), the gay-ETF-Messiah that everyone hoped to save the price is not going to appear in 2014. LAME!

There is cause for cautious optimism...

klee

legendary

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http://t.co/oe8dcSlXwy

wobber

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Merit: 1001

Quote from: esse83 on October 04, 2014, 06:10:47 AM

Quote

Has anybody tried simply calling the lawyer in charge of getting ETF: COIN approved? I just did. She expects the review process to continue for at least one more year. That was a bit shocking for me as I was hoping for late 2014.

http://www.reddit.com/r/BitcoinMarkets/comments/2i7bfn/has_anybody_tried_simply_calling_the_lawyer_in/

Hahahha (excuse my trolling), the gay-ETF-Messiah that everyone hoped to save the price is not going to appear in 2014. LAME!

esse83

hero member

Activity: 545

Merit: 500

Quote

Has anybody tried simply calling the lawyer in charge of getting ETF: COIN approved? I just did. She expects the review process to continue for at least one more year. That was a bit shocking for me as I was hoping for late 2014.

http://www.reddit.com/r/BitcoinMarkets/comments/2i7bfn/has_anybody_tried_simply_calling_the_lawyer_in/

Quote

Notisis - have you actually read the S-1? Honestly, I have a hard time imagining the SEC approving a fund ... which boils down to "we're going to trade on a lot of different exchanges, in countries where we don't really know if they're under any regulation at all ... oh, and we don't really know who the owners of the exchanges are"

http://www.reddit.com/r/BitcoinMarkets/comments/2i7bfn/has_anybody_tried_simply_calling_the_lawyer_in/ckznv5w

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

Davyd05

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Quote from: fonzie on October 04, 2014, 05:47:07 AM

Quote from: inca on October 04, 2014, 05:38:21 AM

Quote from: fonzie on October 04, 2014, 05:27:55 AM

Quote from: grappa_barricata on October 04, 2014, 05:22:37 AM

Quote from: fonzie on October 04, 2014, 05:20:46 AM

Quote from: grappa_barricata on October 04, 2014, 05:18:57 AM

6000 BTC down to 340, 6000 BTC up to 470 @bitfinex

People are pulling their asks and market sell.

That may be the case, but it is still impressive. If someone start buying strong we are going to see green fireworks. People shorting at this level are playing with fire...

True, but this orderbook condition, especially on Finex, is existing since weeks. Beside the Paypal bull-trap no one made an attempt to execute an short squeeze.

Not yet. But short interest is rising considerably. Soon it will become profitable to turn the trend on it's head. I was hoping it would come sooner but I expect a burst of selling causing a flash crash then an incredibly high volume reversal followed by sustained buying. This may be followed by a big bear trap and then further heavy buying until the shorts are burned. And before you ask where the cash is going to come from, it is from the people who have sold literally tens of thousands of coins in recent months to drive the price this low.

I am aware of this and totally agree with you, sooner or later it will happen, and it will probably be fast and brutal. I just have no idea in which price area it will be.

You buy a coin in all the price areas and you can say you knew lol

grappa_barricata

full member

Activity: 154

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playing pasta and eating mandolinos

fonzie

hero member

Activity: 504

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Moderator

Quote from: inca on October 04, 2014, 05:38:21 AM

Quote from: fonzie on October 04, 2014, 05:27:55 AM

Quote from: grappa_barricata on October 04, 2014, 05:22:37 AM

Quote from: fonzie on October 04, 2014, 05:20:46 AM

Quote from: grappa_barricata on October 04, 2014, 05:18:57 AM

6000 BTC down to 340, 6000 BTC up to 470 @bitfinex

People are pulling their asks and market sell.

That may be the case, but it is still impressive. If someone start buying strong we are going to see green fireworks. People shorting at this level are playing with fire...

True, but this orderbook condition, especially on Finex, is existing since weeks. Beside the Paypal bull-trap no one made an attempt to execute an short squeeze.

Not yet. But short interest is rising considerably. Soon it will become profitable to turn the trend on it's head. I was hoping it would come sooner but I expect a burst of selling causing a flash crash then an incredibly high volume reversal followed by sustained buying. This may be followed by a big bear trap and then further heavy buying until the shorts are burned. And before you ask where the cash is going to come from, it is from the people who have sold literally tens of thousands of coins in recent months to drive the price this low.

I am aware of this and totally agree with you, sooner or later it will happen, and it will probably be fast and brutal. I just have no idea in which price area it will be.

inca

legendary

Activity: 1176

Merit: 1000

Quote from: fonzie on October 04, 2014, 05:27:55 AM

Quote from: grappa_barricata on October 04, 2014, 05:22:37 AM

Quote from: fonzie on October 04, 2014, 05:20:46 AM

Quote from: grappa_barricata on October 04, 2014, 05:18:57 AM

6000 BTC down to 340, 6000 BTC up to 470 @bitfinex

People are pulling their asks and market sell.

That may be the case, but it is still impressive. If someone start buying strong we are going to see green fireworks. People shorting at this level are playing with fire...

True, but this orderbook condition, especially on Finex, is existing since weeks. Beside the Paypal bull-trap no one made an attempt to execute an short squeeze.

Not yet. But short interest is rising considerably. Soon it will become profitable to turn the trend on it's head. I was hoping it would come sooner but I expect a burst of selling causing a flash crash then an incredibly high volume reversal followed by sustained buying. This may be followed by a big bear trap and then further heavy buying until the shorts are burned. And before you ask where the cash is going to come from, it is from the people who have sold literally tens of thousands of coins in recent months to drive the price this low.

spooderman

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Activity: 1652

Merit: 1029

Quote from: fonzie on October 04, 2014, 05:30:19 AM

So far every "crash" in Bitcoin ended with a downards spike, i doubt it will be different this time. We´ll see

I think this may be there time where it just gradually reverses over time.

fonzie

hero member

Activity: 504

Merit: 500

Moderator

So far every "crash" in Bitcoin ended with a downards spike, i doubt it will be different this time. We´ll see

fonzie

hero member

Activity: 504

Merit: 500

Moderator

Quote from: grappa_barricata on October 04, 2014, 05:22:37 AM

Quote from: fonzie on October 04, 2014, 05:20:46 AM

Quote from: grappa_barricata on October 04, 2014, 05:18:57 AM

6000 BTC down to 340, 6000 BTC up to 470 @bitfinex

People are pulling their asks and market sell.

That may be the case, but it is still impressive. If someone start buying strong we are going to see green fireworks. People shorting at this level are playing with fire...

True, but this orderbook condition, especially on Finex, is existing since weeks. Beside the Paypal bull-trap no one made an attempt to execute an short squeeze.

grappa_barricata

full member

Activity: 154

Merit: 100

playing pasta and eating mandolinos

Quote from: fonzie on October 04, 2014, 05:20:46 AM

Quote from: grappa_barricata on October 04, 2014, 05:18:57 AM

6000 BTC down to 340, 6000 BTC up to 470 @bitfinex

People are pulling their asks and market sell.

That may be the case, but it is still impressive. If someone start buying strong we are going to see green fireworks. People shorting at this level are playing with fire...

fonzie

hero member

Activity: 504

Merit: 500

Moderator