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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32760. (Read 26708550 times)

hero member
Activity: 504
Merit: 500

Wall Street money flowing to Bitcoin?

how the hell can it be flowing into bitcoin when Gox isn't even processing deposits (albeit at a snail pace)
legendary
Activity: 2478
Merit: 1362
what did I miss? is this a news based rise?


Are you new here? The only 'news' that causes price to rise is whale buys.

And haters
legendary
Activity: 2170
Merit: 1094
Dudes, can't you recognize manipulation? The bid sum has pretty much peaked, while the ask sum
is artificially dropped, resulting in a price increase. When the high bids will be 'ripe', they will be 'harvested' IMO.
sr. member
Activity: 406
Merit: 250
Yes, $200 would be great !!
hero member
Activity: 763
Merit: 500
bid sum / ask sum just shoot over $200 …
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 232
Merit: 100
10k more coins to $120...  
sr. member
Activity: 252
Merit: 250
donator
Activity: 1722
Merit: 1036
legendary
Activity: 2170
Merit: 1094
We'll see if those buy walls are real or not. If they are real, then there are 7.3k BTC to dump down to 110, quite a tempting harvest.
donator
Activity: 1722
Merit: 1036
what did I miss? is this a news based rise?


Are you new here? The only 'news' that causes price to rise is whale buys.

There is a significant lag from publicity to action.

Just think about yourselves - how many months it took from the first hearing about bitcoin to taking position? Mine was about 12 months of active following before I bought any bitcoins.

The great majority that heard in the great media bombardment in this February-April (perhaps 100 times more people heard about bitcoin this year, compared to 2011), has yet to purchase anything. We are currently in a stage where every single purchase by these people is viewed as something special. No, these are all early adapters from this "attention batch". The adoption curve will get steeper, and this will also increase the price.

I don't believe that the recent news are cause of much anything. Not many are following the bitcoin news now. It is the great masses that heard earlier this year, a certain percentage of them will invest a certain percentage of their portfolio, that will determine the bitcoin price in the months going forward.
hero member
Activity: 854
Merit: 1000
Must be the statement on CNBC of Benjamin Lawsky, superintendent of NY Department of Financial Services, that they want Bitcoin businesses to thrive in New York!

"In the end of the day we want firms to thrive here in New York, we don't want to crush them."


https://bitcointalksearch.org/topic/--273411

Wall Street money flowing to Bitcoin?

watching the pattern of clearing asks -> placing huge bid walls at 1XX.00$ directly after I'm pretty sure it's being manipulated upwards buy whales.
sr. member
Activity: 252
Merit: 250
what did I miss? is this a news based rise?


Are you new here? The only 'news' that causes price to rise is whale buys.
hero member
Activity: 634
Merit: 500
I was just telling my dad that I expect $200+ by the end of the month, this movement bodes well.
hero member
Activity: 531
Merit: 505
Is it panic buy to get fiat out of MtGox asap, or start of some rally? The spread between other exchanges widens ...
sr. member
Activity: 406
Merit: 250
what did I miss? is this a news based rise?
legendary
Activity: 2170
Merit: 1094
115 is unsustainable IMO. The correct price right now is about 113. I think a 'harvest' may come soon.

PS. The 115 level appears almost sustainable for now.
sr. member
Activity: 444
Merit: 250
115 just fell! At long last.
FNG
hero member
Activity: 588
Merit: 500
More big buys going off. Bids lining up as well. Will bitstamp ever cross $100?  Gox hit $114
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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