Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31598.

Nightowlace

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Quote from: beaconpcguru on November 25, 2013, 07:45:17 PM

Quote from: BitchicksHusband on November 25, 2013, 07:23:36 PM

Quote from: beaconpcguru on November 25, 2013, 06:36:05 PM

One person can move the market much more than 10%

Who? Satoshi?

Last I thought was the "Satoshi" stash was around 1,070,000 Bitcoins. Loaded doesn't have 2-3 wallets ranging from 40,000 - 80,000 bitcoins. There wasn't just 200,000 coins shuffled for a few laughs. Estimated individuals holding more than 10,000 coins each is in the hundreds. Exchanges don't profit in both bitcoin and fiat and have no reason for either. A 10% market change right now would take ~2,500 coins but your right, Mr/Mrs/Ms Nakamoto must be the only person capable of such a feat.

"Buy All The Bitcoins!"

I just want the Satoshi handle to come back online in this forum and say "I told you so" and then disappear forever. Either that or move those 1,000,000 coins so everyone can stop and go "holy shit he is alive" and then let the frenzy begin. We will be at 10,000 by the end of the year. No one would be selling only buying. The founder lives! The mythical man exists.

beaconpcguru

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Hello

Quote from: BitchicksHusband on November 25, 2013, 07:23:36 PM

Quote from: beaconpcguru on November 25, 2013, 06:36:05 PM

One person can move the market much more than 10%

Who? Satoshi?

Last I thought was the "Satoshi" stash was around 1,070,000 Bitcoins. Loaded doesn't have 2-3 wallets ranging from 40,000 - 80,000 bitcoins. There wasn't just 200,000 coins shuffled for a few laughs. Estimated individuals holding more than 10,000 coins each is in the hundreds. Exchanges don't profit in both bitcoin and fiat and have no reason for either. A 10% market change right now would take ~2,500 coins but your right, Mr/Mrs/Ms Nakamoto must be the only person capable of such a feat.

"Buy All The Bitcoins!"

Vigil

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Activity: 378

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Quote from: BRADLEYPLOOF on November 25, 2013, 07:41:51 PM

Quote from: Richy_T on November 25, 2013, 07:36:07 PM

Just a thought. Thanksgiving is coming. In millions of homes all over the country, distant relatives will be gathered together and are going to turn to the family nerd and ask "So what's all this Bitcoin thing about then".

4 digits by December?

Dammit! I didn't think about that! Guess I'm doing Thanksgiving alone. I am just about sick of trying to explain bitcoin to people who can barely find the ON button to a computer and think that creating a shortcut to your desktop is mad skillz yo! I'm glad though, that there's that one nerd sheep in every family Grin

Everyone I tell about Bitcoin just says, "Huh..."

BRADLEYPLOOF

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Quote from: Richy_T on November 25, 2013, 07:36:07 PM

Just a thought. Thanksgiving is coming. In millions of homes all over the country, distant relatives will be gathered together and are going to turn to the family nerd and ask "So what's all this Bitcoin thing about then".

4 digits by December?

Dammit! I didn't think about that! Guess I'm doing Thanksgiving alone. I am just about sick of trying to explain bitcoin to people who can barely find the ON button to a computer and think that creating a shortcut to your desktop is mad skillz yo! I'm glad though, that there's that one nerd sheep in every family Grin

Vigil

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Quote from: Richy_T on November 25, 2013, 07:36:07 PM

Just a thought. Thanksgiving is coming. In millions of homes all over the country, distant relatives will be gathered together and are going to turn to the family nerd and ask "So what's all this Bitcoin thing about then".

4 digits by December?

You over-estimate the quality of discussion of the average American family.

Coinseeker

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Activity: 252

Merit: 250

Quote from: Miz4r on November 25, 2013, 07:36:33 PM

Quote from: Coinseeker on November 25, 2013, 07:28:43 PM

Quote from: Vigil on November 25, 2013, 07:24:46 PM

If these whales hold the price up they can keep a larger percentage of the average person from buying more coins.

The longer they try, the harder it will fall. They need to just let the market run it's course. I think Bitcoin is too well supported to see another April style crash. A little correction is good for Bitcoin though.

You mean it's good for you and your profits. Wink

Shhhh!

Vigil

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Activity: 378

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Quote from: 600watt on November 25, 2013, 07:30:18 PM

Quote from: Vigil on November 25, 2013, 07:22:50 PM

I wish these idiots would stop announcing Bitcoin to everyone - they probably aren't even buying just talking shizzle. In the meantime they are helping to drive the price up by getting more buffoons into Bitcoin while those of us who really believe in the true purpose and potential can't afford to buy as many coins.

man, you should have just bought more earlier... Wink

I was about to buy at $120 but we went from the SH crash to $60 and then up to $900 and here we sit as someone holds the price at $825 with their algo-tradeathon.

Quote

The longer they try, the harder it will fall. They need to just let the market run it's course. I think Bitcoin is too well supported to see another April style crash. A little correction is good for Bitcoin though.

No, they have enough Bitcoins to hold the price themselves. There are only some 1 million BTC being traded.

Voodah

sr. member

Activity: 266

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Quote from: byronbb on November 25, 2013, 07:23:42 PM

Some pretty huge futures volume (for icbit.se @ $10 a contract). March contracts are trading $500 over gox spot and when I looked last week it was just over double.

How big is the futures market?

Is icbit the only player?

Miz4r

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Activity: 1246

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Quote from: Coinseeker on November 25, 2013, 07:28:43 PM

Quote from: Vigil on November 25, 2013, 07:24:46 PM

If these whales hold the price up they can keep a larger percentage of the average person from buying more coins.

The longer they try, the harder it will fall. They need to just let the market run it's course. I think Bitcoin is too well supported to see another April style crash. A little correction is good for Bitcoin though.

You mean it's good for you and your profits. Wink

Richy_T

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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Just a thought. Thanksgiving is coming. In millions of homes all over the country, distant relatives will be gathered together and are going to turn to the family nerd and ask "So what's all this Bitcoin thing about then".

4 digits by December?

dwdoc

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Activity: 966

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- - -Caveat Aleo- - -

Quote from: Vigil on November 25, 2013, 07:22:50 PM

I wish these idiots would stop announcing Bitcoin to everyone - they probably aren't even buying just talking shizzle. In the meantime they are helping to drive the price up by getting more buffoons into Bitcoin while those of us who really believe in the true purpose and potential can't afford to buy as many coins.

I you really believed you would have bought them when they were cheap before the "shizzle."

wachtwoord

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Quote from: keewee on November 25, 2013, 07:21:38 PM

Quote from: 600watt on November 25, 2013, 07:04:50 PM

http://media.coindesk.com/2013/11/Source-Bloomberg.png

i guess the investment pro´s had a hard time figuring out what this fkn "k" stands for Cheesy

That's hilarious Cheesy

It even says: "outliers removed from graph". Bitcoin's an outlier of ever there was one! Tongue

JimboToronto

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You're never too old to think young.

Quote from: Coinseeker on November 25, 2013, 07:28:43 PM

A little correction is good for Bitcoin though.

Yep. We had it last week.

JimboToronto

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You're never too old to think young.

Quote from: Vigil on November 25, 2013, 07:24:46 PM

If these whales hold the price up they can keep a larger percentage of the average person from buying more coins.

The average person can still buy lots of satoshis.

When bitcoins are worth $100,000 each, a mere $850 for 100M satoshis will seem as ridiculously cheap as the ten cent bitcoins of 2010.

600watt

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Activity: 2338

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Quote from: Vigil on November 25, 2013, 07:22:50 PM

I wish these idiots would stop announcing Bitcoin to everyone - they probably aren't even buying just talking shizzle. In the meantime they are helping to drive the price up by getting more buffoons into Bitcoin while those of us who really believe in the true purpose and potential can't afford to buy as many coins.

man, you should have just bought more earlier... Wink

Coinseeker

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Activity: 252

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Quote from: Vigil on November 25, 2013, 07:24:46 PM

If these whales hold the price up they can keep a larger percentage of the average person from buying more coins.

The longer they try, the harder it will fall. They need to just let the market run it's course. I think Bitcoin is too well supported to see another April style crash. A little correction is good for Bitcoin though.

BitchicksHusband

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Activity: 378

Merit: 255

Quote from: bassclef on November 25, 2013, 06:55:42 PM

Quote from: EuroTrash on November 25, 2013, 06:44:06 PM

Yet I have to see the big drop to 300-500 that so many oldtimers here seem to be expecting.

With so many expecting it, it may never happen.

I would spend money I don't have in the $400s.

Vigil

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If these whales hold the price up they can keep a larger percentage of the average person from buying more coins.

byronbb

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HODL OR DIE

Some pretty huge futures volume (for icbit.se @ $10 a contract). March contracts are trading $500 over gox spot and when I looked last week it was just over double.

BitchicksHusband

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Activity: 378

Merit: 255

Quote from: beaconpcguru on November 25, 2013, 06:36:05 PM

One person can move the market much more than 10%

Who? Satoshi?

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31598. (Read 26608279 times)