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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32677. (Read 26709845 times)

vip
Activity: 756
Merit: 503
Why does nothing happen on Sundays? Does everyone into bitcoin go to church or something?
Some strange peoples get out and enjoy the sun.
legendary
Activity: 1680
Merit: 1045
Why does nothing happen on Sundays? Does everyone into bitcoin go to church or something?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 966
Merit: 1001
Energy is Wealth
It's occurring.

In the last 50 days on average 20k of Bitcoins (USD) where traded per day on gox.
A year ago before the spike and all 34k of Bitcoins changed hands per day.
Slowly Mtgox gets trained of coins to trade, nobody wants to be last man standing.

Its not completely fair compairing a volume with a pricepoint of 145 USD to a volume with a price point of below 10 USD.

On 25 April 187k of Bitcoins where traded at a price of >140USD.

Bitstamp in the same timespan went from average 2k of Bitcoins traded below 10USD  to >10k  with a price of about 130 USD

.
legendary
Activity: 2478
Merit: 1362
It's occurring.

In the last 50 days on average 20k of Bitcoins (USD) where traded per day on gox.
A year ago before the spike and all 34k of Bitcoins changed hands per day.
Slowly Mtgox gets trained of coins to trade, nobody wants to be last man standing.

http://blockchained.com/depth_mtgox.png
I don't see bid lowering and massive dump on other exchange.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 966
Merit: 1001
Energy is Wealth
It's occurring.

In the last 50 days on average 20k of Bitcoins (USD) where traded per day on gox.
A year ago before the spike and all 34k of Bitcoins changed hands per day.
Slowly Mtgox gets trained of coins to trade, nobody wants to be last man standing.
legendary
Activity: 1554
Merit: 1000
legendary
Activity: 966
Merit: 1001
Energy is Wealth
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 406
Merit: 250
A bull run has occur
FNG
hero member
Activity: 588
Merit: 500

I'm good with this shit.

A storm blew down your apple tree.

Makes it easier to pick the apples.

The Polar Express is on a railroad track.

The Polar Express goes to the north pole.

North pole is on top of the world.

Bitcoins will be easier to get and on top of the world.
I think he said apple will be using bitcoin as their payment "rails"

It's a secret though so don't tell anybody
full member
Activity: 238
Merit: 100
Whales should strike in the morning (in a few hours) if they want to keep the rising momentum.

If the whales have any intention to buy and hold, they would let this fear build up. That leads to more asks and a lower price. But not too long, as then we would correct down quite a lot.
They're fighting over very few coins. They can either wait and hope for a pullback or eat up the 10's of thousands available..now.




in case you missed it..

I have been in NYC the past two weeks working on several very significant Bitcoin related projects.

Any chance you can elaborate? Also - Will you be posting to your blog anytime soon?

Wish I could.

Just wait for the news, serious journalists like the WSJ have already been getting briefed but cannot write about it yet, which should come out around the last week of September. Additionally, this fall there will be probably 6+ 'big names', like Richard Bove or Chamath Palihapitiya [starting at 19:15], in the investment community that will come out in favor of Bitcoin and that will cause a lemming like effect.

And the private wealth managers out of Asia are stacking Bitcoins away as the new favorite asset class. Many of the HNWI family offices will not make an investment in the sub-$25-50m range. So, when Bitcoin melts up then it is going to be free range for a lot of these ultra-rich Asia families to move in.

If about $1m of new capital moves the price $9 then just imagine what $500m-$1B of new capital flowing into this asset class would do to the price. Especially if that $500m requires 'clean bitcoins' from a known source of funds. The making of a 'melt-up' in price to a much more fundamentally sound valuation since Bitcoins are largely undervalued given their characterstics (no counter-party risk, cannot be seized and equity based like gold).

This is going to be a wild ride this fall. So strap yourselves in and let's kick the tires and light the fires!

It's times like this that I wish I wasn't sworn to secrecy. There's a few others here that know exactly what's in the pipeline.



You are also involved with this project, Phin?

A storm blew down one of my apple trees by the railroad tracks today.
I'm good with this shit.

A storm blew down your apple tree.

Makes it easier to pick the apples.

The Polar Express is on a railroad track.

The Polar Express goes to the north pole.

North pole is on top of the world.

Bitcoins will be easier to get and on top of the world.
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