Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25707.

podyx

legendary

Activity: 2338

Merit: 1035

Quote from: empowering on September 19, 2014, 11:05:32 AM

Quote from: podyx on September 19, 2014, 11:00:50 AM

Quote from: BitChick on September 19, 2014, 10:59:29 AM

Quote from: esse83 on September 19, 2014, 10:58:17 AM

Share now trading at $96.42 a share, up more than 40%.

Holy crap..

It actually opened at $92.

What is this alibaba IPO thing anyway??

What has it to do with crypto?

This BABA IPO has just turned Alibaba into one of the biggest companies in the world, at current cap , almost bigger than Amazon and Ebay together...
Chinese company, with "worlds biggest digital ecosystem" they are like a mixture between Ebay, Paypal, Facebook and Youtube..
there is a possibility some BTC holders sold (the dip yesterday) to get some liquid funds today to ride what I think is going to be a pump today/this week. If they flip on the pump then they (being any BTC holders playing this trade) could return with their profits.

Options start in a few weeks, think this is going to be rocky ride for BABA.

Also down the line if Alibaba become BTC friendly... it could be a good thing... at the moment they are anti BTC.

Right, so where can I buy this? :p

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

this is why everyone is panicking

Wekkel

legendary

Activity: 3122

Merit: 1538

yes

Smells like panic Shocked

Kupsi

legendary

Activity: 1193

Merit: 1003

9.9.2012: I predict that single digits... <- FAIL

Quote from: kodtycoon on September 19, 2014, 11:07:25 AM

big time miner gone offline?

Blockchain.info not updating with new blocks...

https://blockchain.info/

kodtycoon

legendary

Activity: 1568

Merit: 1002

big time miner gone offline?

empowering

legendary

Activity: 1078

Merit: 1441

Quote from: podyx on September 19, 2014, 11:00:50 AM

Quote from: BitChick on September 19, 2014, 10:59:29 AM

Quote from: esse83 on September 19, 2014, 10:58:17 AM

Share now trading at $96.42 a share, up more than 40%.

Holy crap..

It actually opened at $92.

What is this alibaba IPO thing anyway??

What has it to do with crypto?

This BABA IPO has just turned Alibaba into one of the biggest companies in the world, at current cap , almost bigger than Amazon and Ebay together...
Chinese company, with "worlds biggest digital ecosystem" they are like a mixture between Ebay, Paypal, Facebook and Youtube..
there is a possibility some BTC holders sold (the dip yesterday) to get some liquid funds today to ride what I think is going to be a pump today/this week. If they flip on the pump then they (being any BTC holders playing this trade) could return with their profits.

Options start in a few weeks, think this is going to be rocky ride for BABA.

Also down the line if Alibaba become BTC friendly... it could be a good thing... at the moment they are anti BTC.

Torque

legendary

Activity: 3780

Merit: 5429

If there is one thing I have learned as a retail investor, is NEVER buy the IPO on opening day... wait 6 months first, or you'll regret it

esse83

hero member

Activity: 545

Merit: 500

Quote from: mmitech on September 19, 2014, 11:00:47 AM

$98 already, isn't suppose to start at $62 ? or did I miss that ?

There is a difference between set price and opening price. Set price was $68.

empowering

legendary

Activity: 1078

Merit: 1441

Quote from: mmitech on September 19, 2014, 11:00:47 AM

$98 already, isn't suppose to start at $62 ? or did I miss that ?

Yup.. the insitutional players just made billions overnight ...

podyx

legendary

Activity: 2338

Merit: 1035

Quote from: BitChick on September 19, 2014, 10:59:29 AM

Quote from: esse83 on September 19, 2014, 10:58:17 AM

Share now trading at $96.42 a share, up more than 40%.

Holy crap..

It actually opened at $92.

What is this alibaba IPO thing anyway??

What has it to do with crypto?

mmitech

legendary

Activity: 1148

Merit: 1001

things you own end up owning you

$98 already, isn't suppose to start at $62 ? or did I miss that ?

empowering

legendary

Activity: 1078

Merit: 1441

Quote from: empowering on September 19, 2014, 10:54:24 AM

Quote from: empowering on September 19, 2014, 10:22:40 AM

BABA = totally nutz

Wonder if the $68 IPO - will turn to $100 per share by the end of the day.....

at this rate they will have a cap similar to Walmart... crazy

Let the retail fun start.....

Opened seconds ago!! Opened at $92.70

Billions just got made on a 24 hr flip Cool

fuckers I think it is more like 10 thieves that forty ; )

Let the games begin, and in a few weeks... the options will come.. ha

just a few cents fom $100 already !

Pump it UP

BitChick

legendary

Activity: 1148

Merit: 1001

Quote from: esse83 on September 19, 2014, 10:58:17 AM

Share now trading at $96.42 a share, up more than 40%.

Holy crap..

It actually opened at $92.

QuestionAuthority

legendary

Activity: 2156

Merit: 1393

You lead and I'll watch you walk away.

Quote from: BitChick on September 19, 2014, 10:55:59 AM

Quote from: QuestionAuthority on September 19, 2014, 10:54:13 AM

Quote from: BitChick on September 19, 2014, 10:51:19 AM

Quote from: AirFlame on September 19, 2014, 10:49:51 AM

Quote from: BitChick on September 19, 2014, 10:47:20 AM

Not sure if this has been said yet, but I think the price might rise substantially after the Alibaba IPO opens today. Many people may have sold coins and are holding it in Fiat. If and when the price goes past the amount they want to pay for the stock they will then take that fiat and reinvest it back into BTC as soon as they can. It will in essence cause a run up very quickly in Bitcoin as well. Grin

We will see of course. . .

Hmm... interesting what time IPO opens ? Lets hope You are right.

Supposed to open at any moment.

It is on LIVE at https://www.nyse.com/bell

I am trying to buy a little but I did not sell any BTC to do so. Just moving some funds from a Roth IRA over to it. Wink

Should be interesting today . . .

Now why would that cause the price to rise? Sorry I'm not getting it.

Many Chinese investors want to purchase. Easiest way for them to do so would be selling off BTC here in US somehow. They already sold to have fiat ready. This is pure speculation of course. Wink

Oh, I see what your getting at. They sold to go into a more profitable investment.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

esse83

hero member

Activity: 545

Merit: 500

Share now trading at $96.42 a share, up more than 40%.

Holy crap..

empowering

legendary

Activity: 1078

Merit: 1441

Quote from: QuestionAuthority on September 19, 2014, 10:54:13 AM

Quote from: BitChick on September 19, 2014, 10:51:19 AM

Quote from: AirFlame on September 19, 2014, 10:49:51 AM

Quote from: BitChick on September 19, 2014, 10:47:20 AM

Not sure if this has been said yet, but I think the price might rise substantially after the Alibaba IPO opens today. Many people may have sold coins and are holding it in Fiat. If and when the price goes past the amount they want to pay for the stock they will then take that fiat and reinvest it back into BTC as soon as they can. It will in essence cause a run up very quickly in Bitcoin as well. Grin

We will see of course. . .

Hmm... interesting what time IPO opens ? Lets hope You are right.

Supposed to open at any moment.

It is on LIVE at https://www.nyse.com/bell

I am trying to buy a little but I did not sell any BTC to do so. Just moving some funds from a Roth IRA over to it. Wink

Should be interesting today . . .

Now why would that cause the price to rise? Sorry I'm not getting it.

It is possible some holders liquidated some of their BTC stash to have a figure to play with today to ride the retail pump wave that is going to happen today...
if they are going for a short term flip, then they could take profits and buy back in..

Edit - SERIOUS Volume already and already over $96 in a few minutes... puts BABA at $230b

AirFlame

hero member

Activity: 784

Merit: 500

Quote from: BitChick on September 19, 2014, 10:51:19 AM

Quote from: AirFlame on September 19, 2014, 10:49:51 AM

Quote from: BitChick on September 19, 2014, 10:47:20 AM

Not sure if this has been said yet, but I think the price might rise substantially after the Alibaba IPO opens today. Many people may have sold coins and are holding it in Fiat. If and when the price goes past the amount they want to pay for the stock they will then take that fiat and reinvest it back into BTC as soon as they can. It will in essence cause a run up very quickly in Bitcoin as well. Grin

We will see of course. . .

Hmm... interesting what time IPO opens ? Lets hope You are right.

Supposed to open at any moment.

It is on LIVE at https://www.nyse.com/bell

I am trying to buy a little but I did not sell any BTC to do so. Just moving some funds from a Roth IRA over to it. Wink

Should be interesting today . . .

Wow thank You !!! It's live they will be killing eachother ! KKND Cheesy

BitChick

legendary

Activity: 1148

Merit: 1001

Quote from: QuestionAuthority on September 19, 2014, 10:54:13 AM

Quote from: BitChick on September 19, 2014, 10:51:19 AM

Quote from: AirFlame on September 19, 2014, 10:49:51 AM

Quote from: BitChick on September 19, 2014, 10:47:20 AM

Not sure if this has been said yet, but I think the price might rise substantially after the Alibaba IPO opens today. Many people may have sold coins and are holding it in Fiat. If and when the price goes past the amount they want to pay for the stock they will then take that fiat and reinvest it back into BTC as soon as they can. It will in essence cause a run up very quickly in Bitcoin as well. Grin

We will see of course. . .

Hmm... interesting what time IPO opens ? Lets hope You are right.

Supposed to open at any moment.

It is on LIVE at https://www.nyse.com/bell

I am trying to buy a little but I did not sell any BTC to do so. Just moving some funds from a Roth IRA over to it. Wink

Should be interesting today . . .

Now why would that cause the price to rise? Sorry I'm not getting it.

Many Chinese investors want to purchase. Easiest way for them to do so would be selling off BTC here in US somehow. They already sold to have fiat ready. This is pure speculation of course. Wink

empowering

legendary

Activity: 1078

Merit: 1441

Quote from: empowering on September 19, 2014, 10:22:40 AM

BABA = totally nutz

Wonder if the $68 IPO - will turn to $100 per share by the end of the day.....

at this rate they will have a cap similar to Walmart... crazy

Let the retail fun start.....

Opened seconds ago!! Opened at $92.70

Billions just got made on a 24 hr flip Cool

fuckers I think it is more like 10 thieves that forty ; )

Let the games begin, and in a few weeks... the options will come.. ha

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25707. (Read 26609370 times)