Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31157.

Peter R

legendary

Activity: 1162

Merit: 1010

Quote from: kurious on December 14, 2013, 05:21:48 PM

Quote from: explorer on December 14, 2013, 05:12:34 PM

Quote from: Dragonkiller on December 14, 2013, 05:08:11 PM

Quote from: kurious on December 14, 2013, 04:56:14 PM

I see the silk road coins are still under lock and key:

https://blockchain.info/address/1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX

If they become 'seized proceeds of crime' after conviction - do they hit the market at any point.... Silly season question, just curious Wink

I read somewhere they (I think FBI) said they will probably liquidate it. But they'd have to wait until after the legal process. I don't think they'd sell it directly on the exchanges though.

Some insider will take the problem off their hands for far below market value. Because the FBI is not corrupt as the rest of the US govt Roll Eyes

Someone on Wall Street will offer to 'help', I am sure - they can hardly sell on an exchange....

It will be interesting to keep an eye on it, once the trial is resolved. May it be a while til it is though..!

The FBI will sell the coins at auction. If the auction is well advertised and set-up in a reasonable way, I expect the coins to sell for *above* market price.

Bitcoin holders worry about large sells driving down the price. But big Wall Street players that want to get into bitcoin worry about the opposite: driving the price up too high before they establish their positions.

Bitcoines

hero member

Activity: 592

Merit: 500

this one was intended for goat i guess Grin

http://www.thestar.com/news/world/2013/12/14/vegas_developer_selling_785m_mansion_bitcoin_offers_accepted.html

kurious

legendary

Activity: 2604

Merit: 1748

Quote from: explorer on December 14, 2013, 05:12:34 PM

Quote from: Dragonkiller on December 14, 2013, 05:08:11 PM

Quote from: kurious on December 14, 2013, 04:56:14 PM

I see the silk road coins are still under lock and key:

https://blockchain.info/address/1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX

If they become 'seized proceeds of crime' after conviction - do they hit the market at any point.... Silly season question, just curious Wink

I read somewhere they (I think FBI) said they will probably liquidate it. But they'd have to wait until after the legal process. I don't think they'd sell it directly on the exchanges though.

Some insider will take the problem off their hands for far below market value. Because the FBI is not corrupt as the rest of the US govt Roll Eyes

Someone on Wall Street will offer to 'help', I am sure - they can hardly sell on an exchange....

It will be interesting to keep an eye on it, once the trial is resolved. May it be a while til it is though..!

Richy_T

legendary

Activity: 2674

Merit: 2373

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: ?? on ??

Very obvious dinosaur pattern on the graph, looks bearish as hell.

It is clearly a herbivore which means it wants to eat that lush, green fiat.

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: Dragonkiller on December 14, 2013, 05:08:11 PM

Quote from: kurious on December 14, 2013, 04:56:14 PM

I see the silk road coins are still under lock and key:

https://blockchain.info/address/1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX

If they become 'seized proceeds of crime' after conviction - do they hit the market at any point.... Silly season question, just curious Wink

I read somewhere they (I think FBI) said they will probably liquidate it. But they'd have to wait until after the legal process. I don't think they'd sell it directly on the exchanges though.

Some insider will take the problem off their hands for far below market value. Because the FBI is not corrupt as the rest of the US govt Roll Eyes

kurious

legendary

Activity: 2604

Merit: 1748

Quote from: Dragonkiller on December 14, 2013, 05:08:11 PM

Quote from: kurious on December 14, 2013, 04:56:14 PM

I see the silk road coins are still under lock and key:

https://blockchain.info/address/1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX

If they become 'seized proceeds of crime' after conviction - do they hit the market at any point.... Silly season question, just curious Wink

I read somewhere they (I think FBI) said they will probably liquidate it. But they'd have to wait until after the legal process. I don't think they'd sell it directly on the exchanges though.

Imagine the FBI being Goxbuxed!

Dragonkiller

sr. member

Activity: 378

Merit: 250

Super Smash Bros. Ultimate Available Now!

Quote from: kurious on December 14, 2013, 04:56:14 PM

I see the silk road coins are still under lock and key:

https://blockchain.info/address/1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX

If they become 'seized proceeds of crime' after conviction - do they hit the market at any point.... Silly season question, just curious Wink

I read somewhere they (I think FBI) said they will probably liquidate it. But they'd have to wait until after the legal process. I don't think they'd sell it directly on the exchanges though.

kurious

legendary

Activity: 2604

Merit: 1748

Quote from: gandhibt on December 14, 2013, 04:59:06 PM

Quote from: macsga on December 14, 2013, 04:51:12 PM

Quote from: kurious on December 14, 2013, 04:41:38 PM

Quote from: macsga on December 14, 2013, 04:34:26 PM

It's been known that a new API from Gox has been installed to the other exchanges as well. This is the first bold move so that the differences between the exchanges is narrowed. Maybe a few bots are in the job for it. It's just a theory but I'm sure you can observe small movements all the time before someone hits the sell or buy button like before. If you have a common API you can predict who's into such an arbitrage move.

Again; just a theory.

Hmmm... Do you remember last weekend the 3 non CNY exchanges were weirdly in sync within about $12 for hours on end on the Sunday - was this anything to do with this - they tracked each other too close for it not to be by design.

Maybe it's nothing to do with it - but it was happening...

If you pay attention, you might find answers... well done.

Yep I remember that weird sync also.

I assumed someone had made some sort of 'arb-bot' across the three, but it makes sense there was some sort of inter-exchange co-operation. maybe it was a dry run, but it is effectively a currency price control 'peg' and will fail if big money wants to bust it. Perhaps the idea is to prevent one exchange being singled out for a move, spreading the load - do the exchanges trust each other enough to agree...?

Syke

legendary

Activity: 3878

Merit: 1193

Quote from: macsga on December 14, 2013, 04:34:26 PM

It's been known that a new API from Gox has been installed to the other exchanges as well.

An API is just an interface. What new data is provided by the API that wasn't available in the past?

kurious

legendary

Activity: 2604

Merit: 1748

Friendly warning - Cryptsy is buggy and trades made are debiting the coin but not showing the trade they were aimed at, or buying anything.

AVOID until fixed. A lot of pissed off people and once the coins go, there is no record of the transaction on the site in open orders or in trades - the money disappears!

I guess they will fix, but who needs to be in the long support ticket queue at Cryptsy?

gandhibt

full member

Activity: 238

Merit: 100

Quote from: macsga on December 14, 2013, 04:51:12 PM

Quote from: kurious on December 14, 2013, 04:41:38 PM

Quote from: macsga on December 14, 2013, 04:34:26 PM

It's been known that a new API from Gox has been installed to the other exchanges as well. This is the first bold move so that the differences between the exchanges is narrowed. Maybe a few bots are in the job for it. It's just a theory but I'm sure you can observe small movements all the time before someone hits the sell or buy button like before. If you have a common API you can predict who's into such an arbitrage move.

Again; just a theory.

Hmmm... Do you remember last weekend the 3 non CNY exchanges were weirdly in sync within about $12 for hours on end on the Sunday - was this anything to do with this - they tracked each other too close for it not to be by design.

Maybe it's nothing to do with it - but it was happening...

If you pay attention, you might find answers... well done.

Yep I remember that weird sync also.

kurious

legendary

Activity: 2604

Merit: 1748

I see the silk road coins are still under lock and key:

https://blockchain.info/address/1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX

If they become 'seized proceeds of crime' after conviction - do they hit the market at any point.... Silly season question, just curious Wink

Dragonkiller

sr. member

Activity: 378

Merit: 250

Super Smash Bros. Ultimate Available Now!

Quote from: windjc on December 14, 2013, 04:04:05 PM

Good grief. My question is if bitcoin doesn't go down today then will it go down at all short term?

I mean, these are ridicously bearish conditions, holidays, weekend, huge price run up, bearish triangles, mounting asks.

What's it going to take to tame this beast?

All of us are bearish right now very short term but the down trend is a trickle. What is going on bears? Huh

You're letting us down!!!

Agree completely. If we're not going down with all these bearish conditions, things are looking very good for when the new year starts.

macsga

legendary

Activity: 1484

Merit: 1002

Strange, yet attractive.

Quote from: kurious on December 14, 2013, 04:41:38 PM

Quote from: macsga on December 14, 2013, 04:34:26 PM

It's been known that a new API from Gox has been installed to the other exchanges as well. This is the first bold move so that the differences between the exchanges is narrowed. Maybe a few bots are in the job for it. It's just a theory but I'm sure you can observe small movements all the time before someone hits the sell or buy button like before. If you have a common API you can predict who's into such an arbitrage move.

Again; just a theory.

Hmmm... Do you remember last weekend the 3 non CNY exchanges were weirdly in sync within about $12 for hours on end on the Sunday - was this anything to do with this - they tracked each other too close for it not to be by design.

Maybe it's nothing to do with it - but it was happening...

If you pay attention, you might find answers... well done.

kurious

legendary

Activity: 2604

Merit: 1748

Quote from: macsga on December 14, 2013, 04:34:26 PM

It's been known that a new API from Gox has been installed to the other exchanges as well. This is the first bold move so that the differences between the exchanges is narrowed. Maybe a few bots are in the job for it. It's just a theory but I'm sure you can observe small movements all the time before someone hits the sell or buy button like before. If you have a common API you can predict who's into such an arbitrage move.

Again; just a theory.

Hmmm... Do you remember last weekend the 3 non CNY exchanges were weirdly in sync within about $12 for hours on end on the Sunday - was this anything to do with this - they tracked each other too close for it not to be by design.

Maybe it's nothing to do with it - but it was happening...

macsga

legendary

Activity: 1484

Merit: 1002

Strange, yet attractive.

Quote from: kurious on December 14, 2013, 04:37:02 PM

Quote from: macsga on December 14, 2013, 04:08:38 PM

Quote from: windjc on December 14, 2013, 04:04:05 PM

Good grief. My question is if bitcoin doesn't go down today then will it go down at all short term?

I mean, these are ridicously bearish conditions, holidays, weekend, huge price run up, bearish triangles, mounting asks.

What's it going to take to tame this beast?

All of us are bearish right now very short term but the down trend is a trickle. What is going on bears? Huh

You're letting us down!!!

Nobody's selling; that's why! Besides with the new API install arbitrage went to minimum. So; no big moves there yet. I find it extremely useful fact though that this must be one of the (rare) weekends with no dip... An interesting week might follow... Wink

It ain't over yet, these flat periods have sometimes presaged a little action late on in the small hours, once we've got bored and volume has reduced to a minimal amount.

It's probably fair to say the only predictable thing about Bitcoin is that it will behave unpredictably...

+1
My thoughts exactly...

On other news:
http://t.co/5PDJE7gPe9

It's gonna be A HELL of a week!

kurious

legendary

Activity: 2604

Merit: 1748

Quote from: macsga on December 14, 2013, 04:08:38 PM

Quote from: windjc on December 14, 2013, 04:04:05 PM

Good grief. My question is if bitcoin doesn't go down today then will it go down at all short term?

I mean, these are ridicously bearish conditions, holidays, weekend, huge price run up, bearish triangles, mounting asks.

What's it going to take to tame this beast?

All of us are bearish right now very short term but the down trend is a trickle. What is going on bears? Huh

You're letting us down!!!

Nobody's selling; that's why! Besides with the new API install arbitrage went to minimum. So; no big moves there yet. I find it extremely useful fact though that this must be one of the (rare) weekends with no dip... An interesting week might follow... Wink

It ain't over yet, these flat periods have sometimes presaged a little action late on in the small hours, once we've got bored and volume has reduced to a minimal amount.

It's probably fair to say the only predictable thing about Bitcoin is that it will behave unpredictably...

macsga

legendary

Activity: 1484

Merit: 1002

Strange, yet attractive.

Quote from: windjc on December 14, 2013, 04:14:39 PM

Quote from: macsga on December 14, 2013, 04:08:38 PM

Quote from: windjc on December 14, 2013, 04:04:05 PM

Good grief. My question is if bitcoin doesn't go down today then will it go down at all short term?

I mean, these are ridicously bearish conditions, holidays, weekend, huge price run up, bearish triangles, mounting asks.

What's it going to take to tame this beast?

All of us are bearish right now very short term but the down trend is a trickle. What is going on bears? Huh

You're letting us down!!!

Nobody's selling; that's why! Besides with the new API install arbitrage went to minimum. So; no big moves there yet. I find it extremely useful fact though that this must be one of the (rare) weekends with no dip... An interesting week might follow... Wink

Someone explain to me how an API can stop arbitrage?

It's been known that a new API from Gox has been installed to the other exchanges as well. This is the first bold move so that the differences between the exchanges is narrowed. Maybe a few bots are in the job for it. It's just a theory but I'm sure you can observe small movements all the time before someone hits the sell or buy button like before. If you have a common API you can predict who's into such an arbitrage move.

Again; just a theory.

Bitcoines

hero member

Activity: 592

Merit: 500

http://www.meetup.com/Silicon-Valley-Bitcoin-Users/events/155286912/

http://www.copyediting.com/australian-lexicographers-pick-bitcoin-woty

http://www.vcpost.com/articles/19783/20131214/2014-poised-year-asset-bubbles-report.htm

http://moneymorning.com/2013/12/13/the-strange-numbers-running-the-world-this-week/

windjc

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Activity: 2156

Merit: 1070

Quote from: macsga on December 14, 2013, 04:08:38 PM

Quote from: windjc on December 14, 2013, 04:04:05 PM

Good grief. My question is if bitcoin doesn't go down today then will it go down at all short term?

I mean, these are ridicously bearish conditions, holidays, weekend, huge price run up, bearish triangles, mounting asks.

What's it going to take to tame this beast?

All of us are bearish right now very short term but the down trend is a trickle. What is going on bears? Huh

You're letting us down!!!

Nobody's selling; that's why! Besides with the new API install arbitrage went to minimum. So; no big moves there yet. I find it extremely useful fact though that this must be one of the (rare) weekends with no dip... An interesting week might follow... Wink

Someone explain to me how an API can stop arbitrage?

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31157. (Read 26723805 times)