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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27101. (Read 26710639 times)

legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"


they should move the police car - it´s on the landing spot !

That's Fonzie's landing spot - either way, he (Fonzie) is gonna go SPLAT.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 722
Merit: 500
The chances of them dumping it all immediately are the same as Ghash using their occasional 51% to attack us.

Why would someone heavily invested in bitcoin make a concerted effort to destroy it?
Who said anything about destroying bitcoin? It would just be a trade, and once the trade is complete they wouldn't be invested anymore. However, I don't see anyone doing this unless they can buy at least 30% below market rates.
In my opinion they sure WILL be able to buy it atleast 10-20% under these market rates, wich means anybody that would sell it would still get almost instant profit of 10-20% it just trully depends on the buyer and we can only hope.
That's only a theoretical profit. You have to account for all the risks involved in bitcoin and in the purchase, the risk of market movement inbetween your purchase and when you will actually be able to trade,  and the amount that you are going to drive down the market when you are selling. That is why I add an extra margin to make it 30% instead of 10-20%.

And then there's the IRS. I believe there's a bigger hit if they sell sooner rather than later.
hero member
Activity: 728
Merit: 500
The chances of them dumping it all immediately are the same as Ghash using their occasional 51% to attack us.

Why would someone heavily invested in bitcoin make a concerted effort to destroy it?
Who said anything about destroying bitcoin? It would just be a trade, and once the trade is complete they wouldn't be invested anymore. However, I don't see anyone doing this unless they can buy at least 30% below market rates.
In my opinion they sure WILL be able to buy it atleast 10-20% under these market rates, wich means anybody that would sell it would still get almost instant profit of 10-20% it just trully depends on the buyer and we can only hope.
That's only a theoretical profit. You have to account for all the risks involved in bitcoin and in the purchase, the risk of market movement inbetween your purchase and when you will actually be able to trade,  and the amount that you are going to drive down the market when you are selling. That is why I add an extra margin to make it 30% instead of 10-20%.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 434
Merit: 250
The chances of them dumping it all immediately are the same as Ghash using their occasional 51% to attack us.

Why would someone heavily invested in bitcoin make a concerted effort to destroy it?
Who said anything about destroying bitcoin? It would just be a trade, and once the trade is complete they wouldn't be invested anymore. However, I don't see anyone doing this unless they can buy at least 30% below market rates.
In my opinion they sure WILL be able to buy it atleast 10-20% under these market rates, wich means anybody that would sell it would still get almost instant profit of 10-20% it just trully depends on the buyer and we can only hope.
hero member
Activity: 728
Merit: 500
I bet there are at least a couple traders in all those bidders but they probably won't actually win in the auctions and will be outbid by bulls who won't trade.
hero member
Activity: 605
Merit: 500
The chances of them dumping it all immediately are the same as Ghash using their occasional 51% to attack us.

Why would someone heavily invested in bitcoin make a concerted effort to destroy it?
Who said anything about destroying bitcoin? It would just be a trade, and once the trade is complete they wouldn't be invested anymore. However, I don't see anyone doing this unless they can buy at least 30% below market rates.

IMHO, these people are not looking for a quick profit.
full member
Activity: 227
Merit: 100
Surely there is only one way the price can go after the auction.....up up up..as soon as we can breakthru the resistance at $620 its gonna trigger lots of buys and then the party can really start.
hero member
Activity: 728
Merit: 500
The chances of them dumping it all immediately are the same as Ghash using their occasional 51% to attack us.

Why would someone heavily invested in bitcoin make a concerted effort to destroy it?
Who said anything about destroying bitcoin? It would just be a trade, and once the trade is complete they wouldn't be invested anymore. However, I don't see anyone doing this unless they can buy at least 30% below market rates.
legendary
Activity: 1680
Merit: 1045
Wonder how long it took them to pump all that water out.

We going for a weekend rally? And what day does this whole auction thing come to a head? Is it June 27th?

Yeah, I believe the auction ends on the 27th. Hope the buyers don't dump it all afterwards.

This is what everyone is worried about and this is what is suppressing the price.

IMHO the caliber of the people involved in the auction is obvious. These people are looking for Bitcoins long term success.

yes and once again, why are we making it so cheap for them?

Given the nature of bitcoin, anyone that wants to buy a very large amount should have to pay over the odds, not under it.

This is bullshit. Lose the fiat mentality people! Make em pay for the only finite, divisible, un-counterfeitable, instantly transferable asset like they should have to!
hero member
Activity: 605
Merit: 500
Wonder how long it took them to pump all that water out.

We going for a weekend rally? And what day does this whole auction thing come to a head? Is it June 27th?

Yeah, I believe the auction ends on the 27th. Hope the buyers don't dump it all afterwards.

This is what everyone is worried about and this is what is suppressing the price.

IMHO the caliber of the people involved in the auction is obvious. These people are looking for Bitcoins long term success.
legendary
Activity: 1680
Merit: 1045
The chances of them dumping it all immediately are the same as Ghash using their occasional 51% to attack us.

Why would someone heavily invested in bitcoin make a concerted effort to destroy it?
hero member
Activity: 812
Merit: 587
Space Lord
Wonder how long it took them to pump all that water out.

We going for a weekend rally? And what day does this whole auction thing come to a head? Is it June 27th?

Yeah, I believe the auction ends on the 27th. Hope the buyers don't dump it all afterwards.
legendary
Activity: 1680
Merit: 1045
Wonder how long it took them to pump all that water out.

We going for a weekend rally? And what day does this whole auction thing come to a head? Is it June 27th?
hero member
Activity: 728
Merit: 500
legendary
Activity: 1680
Merit: 1045
hero member
Activity: 728
Merit: 500
It seems that the trains are not running on schedule for some reason.

sr. member
Activity: 434
Merit: 250
Isn't it guys really weirg how low did the volume get? Or is everyone smashed and sleeping after friday night?
hero member
Activity: 812
Merit: 587
Space Lord
We seem not to wanna go below 580. Holding currently at 585 really good.

Anyone entered a group buy for the SR coins?
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