Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30595.

thefunkybits

legendary

Activity: 1218

Merit: 1000

Quote from: virtualfaqs on December 31, 2013, 07:45:15 PM

Mtgox 24 Hour High $817 - Come on Choo choo!

100 Support @ $812
137 Support @ $809

Calm down, mtgox (and every other exchange) has under 10K daily volume for the past week
Lets break 900 with at least 50K + daily volume and then ill be on the train

virtualfaqs

hero member

Activity: 700

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Mtgox 24 Hour High $817 - Come on Choo choo!

100 Support @ $812
137 Support @ $809

User705

legendary

Activity: 896

Merit: 1006

First 100% Liquid Stablecoin Backed by Gold

Quote from: ?? on ??

Quote from: justusranvier on December 31, 2013, 07:22:00 PM

Quote from: Walsoraj on December 31, 2013, 07:18:48 PM

False. Wall Street will jump on anything that can be pumped, especially if a bunch of silly derivatives can be attached to the underlying asset.

Get ready for a year of record breaking artificially high prices. Cheesy

Just remember - Bitcoins aren't real unless you're holding them in your own wallet.

I expect no end to Wall Street's bad behaviour, and I expect lots of people are going to get burned, but at least with Bitcoin it is possible to protect yourself.

yeah, but people do invest in the Gold ETF.

there might be manipulation down the road, but with that much money pouring into it... its going to the moon first.

This strongly reminds me of cypherdocs gold ETF and bitcoin comparisons.

virtualfaqs

hero member

Activity: 700

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Mtgox 24 Hour High $816 - Everyone join in the "rally"

135 support @ $810!!! Cheesy

smiley123

member

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Quote from: Dragonkiller on December 31, 2013, 07:15:48 PM

Quote from: smiley123 on December 31, 2013, 07:11:50 PM

IMO bitcoin has a way of pricing thing in before hand instead of waiting.

second market trust was announced in september, from then there was a run up from $130 to a peak of about 10x that in less than three months. fortress fund is supposed to be a lot bigger

I'm glad you pointed that out. That is very good news indeed.

justusranvier

legendary

Activity: 1400

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Quote from: Walsoraj on December 31, 2013, 07:18:48 PM

False. Wall Street will jump on anything that can be pumped, especially if a bunch of silly derivatives can be attached to the underlying asset.

Get ready for a year of record breaking artificially high prices. Cheesy

Just remember - Bitcoins aren't real unless you're holding them in your own wallet.

I expect no end to Wall Street's bad behaviour, and I expect lots of people are going to get burned, but at least with Bitcoin it is possible to protect yourself.

Walsoraj

hero member

Activity: 686

Merit: 500

Ultranode

Quote from: vdcc on December 31, 2013, 07:07:14 PM

I don't see any significant amount of Wall Street money anywhere near bitcoin before some serious regulation...
Maybe some small, high-risk funds, but nothing serious (tens of billions or something like that).
They always play safe

False. Wall Street will jump on anything that can be pumped, especially if a bunch of silly derivatives can be attached to the underlying asset.

Get ready for a year of record breaking artificially high prices. Cheesy

virtualfaqs

hero member

Activity: 700

Merit: 500

Mtgox 24 Hour High $815 - Someone just bought 200!!! Come on Choo choo!

Dragonkiller

sr. member

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Super Smash Bros. Ultimate Available Now!

Quote from: smiley123 on December 31, 2013, 07:11:50 PM

IMO bitcoin has a way of pricing thing in before hand instead of waiting.

second market trust was announced in september, from then there was a run up from $130 to a peak of about 10x that in less than three months. fortress fund is supposed to be a lot bigger

mellowyellow

member

Activity: 112

Merit: 10

Quote from: lowstrife on December 31, 2013, 06:53:58 PM

With the Fortress investment trust being announced, I think we're preparing for a major market movement in the coming hours. I wrote this thread on Reddit (not sure how it is around these parts, I'm still new!) explaining my reasoning behind the huge # of bitcoin days destroyed and this ETF getting announced. This might be a very very interesting new years. Apparently they will be announcing it at a Bitcoin conference tonight which happens to be nextdoor to the NYSE stock exchange...

http://www.reddit.com/r/Bitcoin/comments/1u4fc6/record_number_of_bitcoin_days_destroyed_and_10/

This could explain the push that we've seen to $800, and some of the buy-orders that are starting to come through the exchange today. We're on a very defined uptrend right now...

So, anyone actually know someone going to the party?

Erdogan

legendary

Activity: 1512

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Quote from: Walsoraj on December 31, 2013, 06:56:08 PM

Once wall street owns 90% of all bitcoins, what's the plan? Hard fork? Switch to PeerCoin? Cheesy

1. Waste them all on risky trades. 2 Call Bernanke. 3....

smiley123

member

Activity: 101

Merit: 10

IMO bitcoin has a way of pricing things in before hand instead of waiting.

vdcc

member

Activity: 67

Merit: 10

I don't see any significant amount of Wall Street money anywhere near bitcoin before some serious regulation...
Maybe some small, high-risk funds, but nothing serious (tens of billions or something like that).
They always play safe

virtualfaqs

hero member

Activity: 700

Merit: 500

Mtgox 24 Hour High $814 - Congrats! Grin

User705

legendary

Activity: 896

Merit: 1006

First 100% Liquid Stablecoin Backed by Gold

Quote from: lowstrife on December 31, 2013, 06:53:58 PM

With the Fortress investment trust being announced, I think we're preparing for a major market movement in the coming hours. I wrote this thread on Reddit (not sure how it is around these parts, I'm still new!) explaining my reasoning behind the huge # of bitcoin days destroyed and this ETF getting announced. This might be a very very interesting new years. Apparently they will be announcing it at a Bitcoin conference tonight which happens to be nextdoor to the NYSE stock exchange...

http://www.reddit.com/r/Bitcoin/comments/1u4fc6/record_number_of_bitcoin_days_destroyed_and_10/

This could explain the push that we've seen to $800, and some of the buy-orders that are starting to come through the exchange today. We're on a very defined uptrend right now...

A large holder sells a huge stash in way that avoids the markets for worries of tanking the price and to a fund which resells to idiots since why would anyone want to own a fund with fees instead of a cold wallet for free. And that's bullish news?

ChartBuddy

legendary

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Walsoraj

hero member

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Ultranode

Once wall street owns 90% of all bitcoins, what's the plan? Hard fork? Switch to PeerCoin? Cheesy

KFR

hero member

Activity: 560

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Per ardua ad luna

Happy New Year everyone and I wish you all a very bullish 2014. Cool

lowstrife

newbie

Activity: 25

Merit: 0

With the Fortress investment trust being announced, I think we're preparing for a major market movement in the coming hours. I wrote this thread on Reddit (not sure how it is around these parts, I'm still new!) explaining my reasoning behind the huge # of bitcoin days destroyed and this ETF getting announced. This might be a very very interesting new years. Apparently they will be announcing it at a Bitcoin conference tonight which happens to be nextdoor to the NYSE stock exchange...

http://www.reddit.com/r/Bitcoin/comments/1u4fc6/record_number_of_bitcoin_days_destroyed_and_10/

This could explain the push that we've seen to $800, and some of the buy-orders that are starting to come through the exchange today. We're on a very defined uptrend right now...

DaRude

legendary

Activity: 2833

Merit: 1851

In order to dump coins one must have coins

Quote from: Peter R on December 31, 2013, 06:35:08 PM

Quote from: virtualfaqs on December 31, 2013, 06:12:34 PM

Quote from: aminorex on December 31, 2013, 06:11:59 PM

Quote from: DaRude on December 31, 2013, 06:09:06 PM

He was pretty dumb, so wouldn't put it past him

Ross Ulbricht is a clever dude, by any rational standard. I conclude that you are not rational. Sorry, but Aristotelian logic alone compels me.

You'd figure he have it setup so if he doesn't input a certain code every 24 hours, the BTC automatically transfers to another BTC address. Every single movie villain has a bomb that blows up without code or connected to heart beat monitor. Didn't wikileaks owner have the same kind of fail-safe plan.

A lot of people have been burning on DPR for being careless. This may very well turn out to be the case, but let's remember that the trial is just getting started. There may be some interesting plot twists in store...

True, jumping to conclusions but from what i read up so far i'm not impressed at all.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30595. (Read 26710643 times)