Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27220. (Read 26709456 times)

Am I the only one who yells "Fuck Yea!" when they check their phone and see the price crashing? I WANT CHEAP COINS COMON.

The market sells in anticipation of auction buyers liquidating coins on exchanges for arbitrage. Keep in mind that market prices are the prices of "tomorrow", not today.

The thing is, bidding hasn't begun yet, and bids will likely be weighed against market price at the time of bidding (assuming arbitrage was the goal). Bidders must factor in risk of what other bidders are going to do with the coins, or market movements in the days it takes between bidding and taking possession.

In my opinion, the market has already overreacted to this news, meaning I think the price is lower right now than it will be in 3 weeks or so. 30k coins might seem scary for someone who's staring at a chart on one exchange and imagining them all coming down at once, but that's nowhere near the reality. I'd be surprised if half of them come down at once, and even more surprised if that were all on a single exchange, let alone any exchange at all. Half of them represents about 4 days worth of new bitcoins from mining alone.

If you haven't sold into the panic yet, you're probably too late to capitalize. Maybe you'll get another shot as distribution day approaches, maybe not. If you DID panic sell, start looking to get back in, because it's probably not going to get much better. Take your profits, pat yourself on the back.

Down Finex why wont you go as low as Stamp 

Imagine the people who did 

mounting a nice little comeback from the $550 price on Stamp

i admit i was thinking about selling some

Like in good old times, lol

Told YAA 

http://www.usmarshals.gov/assets/2014/bitcoins/

U SAY WHAT

who sold at 550?

Sane people making money of off fishes, nothing more.

this is so sick, i cant believe it.

Hmm, what are the odds that Coinbase cancels my bitcoin orders?  I may have made a mistake trying to arbitrage them with Bitfinex. (I sold several coins on Bitfinex, and bought them on Coinbase for delivery in 4 days).

just looks like someone is pissed off now and taking it out on the price

all just a bunch of fud for whales to abuse

What is going on here, is that trap for bear.

LOL!

What happened to make it go to 550 then now back to 588.5? Panic selling now panic buying (I know it has to do with the sr fud)