Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32587. (Read 26470871 times)
July 18, 2013, 06:10:11 AM
Isn't it bullish that some company pays the equivalent of +$10M for a Bitcoin gambling site? Also, as the buyout is done in Bitcoin, won't this result in buying pressure? (or is the buyout amount secured already?)
July 18, 2013, 06:08:50 AM
Also, Take a look at the charts about a day before this announcement, worlds first example of BTC insider trading of securities.
Ah, the joys of unregulated markets...
Ah, the joys of unregulated markets...
July 18, 2013, 06:03:02 AM
Is there any bad news I missed?
No, just the bull trap closing.
so what is this satoshi dice thing people keep mentioning? I mean how could it affect the price?
well SD being sold for 150+ btc people are anticipating the future dump from Eric (He wont prob dump them all but I'm sure he is gonna dump a part of it
)pff. it's not like he doesn't have some "other" bitcoins he would use to dump before the news, is it.
A huge buy order just went through BTC-TC for ASICMINER.......
http://www.coinflow.co/chart/ASICMINER-PT
Maybe re-investment has started already.
July 18, 2013, 06:02:41 AM
Is there any bad news I missed?
No, just the bull trap closing.
so what is this satoshi dice thing people keep mentioning? I mean how could it affect the price?
well SD being sold for 150+ btc people are anticipating the future dump from Eric (He wont prob dump them all but I'm sure he is gonna dump a part of it
)pff. it's not like he doesn't have some "other" bitcoins he would use to dump before the news, is it.
Will see then
July 18, 2013, 05:54:06 AM
Is there any bad news I missed?
No, just the bull trap closing.
so what is this satoshi dice thing people keep mentioning? I mean how could it affect the price?
well SD being sold for 150+ btc people are anticipating the future dump from Eric (He wont prob dump them all but I'm sure he is gonna dump a part of it
)pff. it's not like he doesn't have some "other" bitcoins he would use to dump before the news, is it.
July 18, 2013, 05:50:19 AM
Wow, Bitstamp is actually trading in the 70s. Huge divergence there. 13% up from 7% between MtGox and Bitstamp.
When will people realize that we had very good news for the last weeks, but still the price goes down because price is driven by price action itself?
Probably the most important lesson in my view.which gives you nothing because you cant value a good news and say this one is worth $10 in price and this $100.
July 18, 2013, 05:49:32 AM
Is there any bad news I missed?
No, just the bull trap closing.
so what is this satoshi dice thing people keep mentioning? I mean how could it affect the price?
well SD being sold for 150+ btc people are anticipating the future dump from Eric (He wont prob dump them all but I'm sure he is gonna dump a part of it
)
July 18, 2013, 05:42:57 AM
Wow, Bitstamp is actually trading in the 70s. Huge divergence there. 13% up from 7% between MtGox and Bitstamp.
When will people realize that we had very good news for the last weeks, but still the price goes down because price is driven by price action itself?
Probably the most important lesson in my view. July 18, 2013, 05:30:29 AM
Is there any bad news I missed?
No, just the bull trap closing.
When will people realize that we had very good news for the last weeks, but still the price goes down because price is driven by price action itself?
Hmm - kind off - but on the other hand the MtGox withdrawal problem is a huge bad news. People still don't believe what it can mean and there is some chance that it will not be a full insolvency, but if insolvency happens - than this will undermine the trust in bitcoins for a long time (and Bitstamp could be a next target of whoever orchestrated the MtGox troubles).
July 18, 2013, 05:30:19 AM
loozik, what kind of orgasms the whale wants now?
July 18, 2013, 05:26:31 AM
Is there any bad news I missed?
No, just the bull trap closing.
so what is this satoshi dice thing people keep mentioning? I mean how could it affect the price?
Well, there is both a) a company that has bought massive amounts of BTC (I'm assuming they already bought them and they did it in the last weeks), thus creating big buying pressure (they are paying +150k coins to buy SD); b) a huge amount of BTC changing hands.
IMO the most likely outcome short term is down, both because a) the buying pressure of that big investor is gone; b) a small part of the BTC that changes hands will be sold
Obviously we can't know if the buyer already had hundred of coins bought sub-dollar, or if he has been buying during the last weeks, or maybe he didn't finish to buy yet; so this is just wild speculation, if it seems too bearish for some I invite them to share with us possible bullish scenarios for the short term; mid to long term I assume we all pretty much agree that a big investment on BTC real economy is bullish.
July 18, 2013, 05:26:07 AM
Is there any bad news I missed?
No, just the bull trap closing.
When will people realize that we had very good news for the last weeks, but still the price goes down because price is driven by price action itself?
I rarely bother considering actual events while trading. Sure, they can be trigger events, but cyclic movement seems to count for more in the short/medium term.
July 18, 2013, 05:21:48 AM
Is there any bad news I missed?
No, just the bull trap closing.
When will people realize that we had very good news for the last weeks, but still the price goes down because price is driven by price action itself?
July 18, 2013, 05:20:26 AM
Is there any bad news I missed?
No, just the bull trap closing.
so what is this satoshi dice thing people keep mentioning? I mean how could it affect the price?
July 18, 2013, 05:18:13 AM
Is there any bad news I missed?
No, just the bull trap closing.
July 18, 2013, 05:01:55 AM
Is there any bad news I missed?
July 18, 2013, 05:01:20 AM
July 18, 2013, 04:59:39 AM
Bitstamp 79.50
Meanwhile at Virtex it's 90 bid and 95 ask.LOL
Hoarding. I'm mainly here for the entertainment.
Mind you, I'm tempted to deposit some CAD and place a ridiculously low bid.
There's nothing like hoarding cheaply bought bitcoins.
July 18, 2013, 04:51:55 AM
Like Blitz said, if you're not having fun, what's the point? 
We are going down all day long gentlemen.
We are going down all day long gentlemen.
Quoted
July 18, 2013, 04:50:04 AM
Like Blitz said, if you're not having fun, what's the point?
We are going down all day long gentlemen.
We are going down all day long gentlemen.
Said the escort to the football team.
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