Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27055. (Read 26709729 times)
June 25, 2014, 05:00:49 AM
June 25, 2014, 04:57:28 AM
If someone would market buy 30k btc now, how much would it pump the price?
no one buys 30K BTC from public exchanges, in fact you can (if you want to) buy sums of more than 1000BTC off exchanges like from miners, bag holders, payment processors, or big merchants holding BTC like Bitmaintech.
June 25, 2014, 04:53:03 AM
If someone would market buy 30k btc now, how much would it pump the price?
June 25, 2014, 04:51:57 AM
I think the price of those coins on auction will be above market price... Biders will pump the price for sure! Where can you get 30k with one order without moving the market for +1000$??
It's actually blocks of 3k coins and one of 2.7 or 2.9k.
Would have to be the 10 highest bids in order to win all of the coins, and I suspect the highest bid could be up to 30% above market rate on that day.... it's gonna be an interesting day concerning whether we hear bid amount rumors through the day.. or whether there will be edge of the seat tension... awaiting word of the results.... like a potential dad waiting outside of the labor and delivery room... waiting to find out whether he will be a dad... and if so, the dad of what...
June 25, 2014, 04:51:54 AM
I'll stick my neck out and say we're probably at or very near the bottom of this sell-off.
Without China and co. in there, it's safe to say that dumps just don't have the force they use to have.
Without China and co. in there, it's safe to say that dumps just don't have the force they use to have.
June 25, 2014, 04:50:06 AM
what is happening now is a rally between holders to sell without causing any panic, the book order is really thin with few thousands BTC at the Bid side while there is more than 12 million coins out there, do the math.
11 million as Satoshi is in for the long haul.
Auction is only two days away, so it is quite feasible that coins are being dumped to depress the market "reference" price ahead of bidding.
this would be a stupid move, you dump coins to bring the price down because of the possibility of wining the auction and buying low !!!! remember it is an auction, and you are not the only one bidding so wining is a only a possibility...well I sure wouldn't do that.
June 25, 2014, 04:43:28 AM
what is happening now is a rally between holders to sell without causing any panic, the book order is really thin with few thousands BTC at the Bid side while there is more than 12 million coins out there, do the math.
11 million as Satoshi is in for the long haul.
Auction is only two days away, so it is quite feasible that coins are being dumped to depress the market "reference" price ahead of bidding.
depressing? is that the right word?
if you are not willing to pay the market price and dumping coins on the market to bid lower...well, then the current market price is not right.
let us see then how much are they willing to pay.
I say 500.
June 25, 2014, 04:39:32 AM
<--- buying all the way down.
lesson? always have some fiat
lesson? always have some fiat
June 25, 2014, 04:37:51 AM
"Most mainstream financial journalists try to link the daily market action with the news of the day, as if the markets did nothing other than react to news. In general terms, they make the assumption that if a market fluctuation coincided with or followed a news event, then the news event must have caused the market fluctuation. Due to this modus operandi, it is not uncommon for journalists to cite the same event when attempting to explain a price rise one day and a price decline the next. For example, if the stock market rises one day and then falls the next, and at the same time there is news of a Greece bailout, it would be typical for the press to link both the rise and the fall to the bailout news.
The linkages between news events and market action that are concocted by journalists are usually banal and uninteresting, but occasionally they are so ridiculous that they are laugh-out-loud funny. An example of the laugh-out-loud funny variety is the explanation for last Friday's decline in the gold price in the article linked HERE. We started chuckling as soon as we read the opening line..."
http://news.goldseek.com/SpeculativeInvestor/1271772000.php
The linkages between news events and market action that are concocted by journalists are usually banal and uninteresting, but occasionally they are so ridiculous that they are laugh-out-loud funny. An example of the laugh-out-loud funny variety is the explanation for last Friday's decline in the gold price in the article linked HERE. We started chuckling as soon as we read the opening line..."
http://news.goldseek.com/SpeculativeInvestor/1271772000.php
June 25, 2014, 04:37:35 AM
what is happening now is a rally between holders to sell without causing any panic, the book order is really thin with few thousands BTC at the Bid side while there is more than 12 million coins out there, do the math.
11 million as Satoshi is in for the long haul.
Auction is only two days away, so it is quite feasible that coins are being dumped to depress the market "reference" price ahead of bidding.
June 25, 2014, 04:37:27 AM
550 prognose from a few days ago seems more and more realistic. Also the upper walls are levelling too. Let's see what will happen!
June 25, 2014, 04:37:05 AM
I think the price of those coins on auction will be above market price... Biders will pump the price for sure! Where can you get 30k with one order without moving the market for +1000$??
It's actually blocks of 3k coins and one of 2.7 or 2.9k.
June 25, 2014, 04:30:59 AM
Is there any info about how long the auction will last anyway?
June 25, 2014, 04:30:04 AM
550 re-test coming for sure?
Will it hold?
So many questions, so little fud
Will it hold?
So many questions, so little fud
exactly. no FUD and we are heading down fast with no support.
kinda worrysome.
Yep, it'll head down to xxx and then once the auction is over and people lose memory of the event, it'll head right back up to xxx and then some.
People should know the drill by now.
It will be like this when it hits Wall Street like it should. You'll see. Up and down, all around
June 25, 2014, 04:28:49 AM
550 re-test coming for sure?
Will it hold?
So many questions, so little fud
Will it hold?
So many questions, so little fud
exactly. no FUD and we are heading down fast with no support.
kinda worrysome.
Yep, it'll head down to xxx and then once the auction is over and people lose memory of the event, it'll head right back up to xxx and then some.
People should know the drill by now.
June 25, 2014, 04:27:08 AM
550 re-test coming for sure?
Will it hold?
So many questions, so little fud
Will it hold?
So many questions, so little fud
exactly. no FUD and we are heading down fast with no support.
kinda worrysome.
June 25, 2014, 04:24:09 AM
JayJuanGee has mmitech touched you or your girl/boyfriend inappropriately? You seem so emotional, i haven´t seen you like that before.
PS: It´s not too late to sell!
PS: It´s not too late to sell!
I've gotten emotional before... hehehehe, once or twice... YOU THINK IM A BOT, like you?
EDIT: OH.. and BTW.... .In this current market, I am buying and HODLin...
June 25, 2014, 04:22:29 AM
550 re-test coming for sure?
Will it hold?
So many questions, so little fud
Will it hold?
So many questions, so little fud
June 25, 2014, 04:21:55 AM
Does anyone actually think that Barry and co. are gonna let the unkowns (dumpers) walk off with these coins without a fight?
This auction will turn out to be a 30k coin pump, mark my words.
This auction will turn out to be a 30k coin pump, mark my words.
You are correct, and NOPE they will NOT.
June 25, 2014, 04:21:19 AM
JayJuanGee has mmitech touched you or your girl/boyfriend inappropriately? You seem so emotional, i haven´t seen you like that before.
PS: It´s not too late to sell!
PS: It´s not too late to sell!
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