Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32898. (Read 26630450 times)

newbie
Activity: 13
Merit: 0
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 Smiley )


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  Cool
donator
Activity: 2772
Merit: 1019
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 Smiley )


pff. it's not like he doesn't have some "other" bitcoins he would use to dump before the news, is it.
hero member
Activity: 546
Merit: 501
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.
newbie
Activity: 13
Merit: 0
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 Smiley )
N12
donator
Activity: 1610
Merit: 1010
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.
zby
legendary
Activity: 1594
Merit: 1001
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).
hero member
Activity: 736
Merit: 508
loozik, what kind of orgasms the whale wants now?
legendary
Activity: 1148
Merit: 1018
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.
full member
Activity: 168
Merit: 100
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.
legendary
Activity: 1148
Merit: 1018
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?
sr. member
Activity: 252
Merit: 250
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?
sr. member
Activity: 434
Merit: 250
Is there any bad news I missed?

No, just the bull trap closing.
legendary
Activity: 1600
Merit: 1014
Is there any bad news I missed?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
Bitstamp 79.50
Meanwhile at Virtex it's 90 bid and 95 ask.
OMG 24h volume is 2.42 BTC! Did you buy or did you sell?

LOL

Hoarding. I'm mainly here for the entertainment. Grin

Mind you, I'm tempted to deposit some CAD and place a ridiculously low bid.

There's nothing like hoarding cheaply bought bitcoins.
hero member
Activity: 854
Merit: 1000
Like Blitz said, if you're not having fun, what's the point?  Cheesy


We are going down all day long gentlemen.  Tongue

Quoted
legendary
Activity: 1554
Merit: 1000
Like Blitz said, if you're not having fun, what's the point?  Cheesy


We are going down all day long gentlemen.  Tongue

Said the escort to the football team.

 Grin
hero member
Activity: 509
Merit: 500
Can't upload avatar
Bitstamp 79.50
Meanwhile at Virtex it's 90 bid and 95 ask.
OMG 24h volume is 2.42 BTC! Did you buy or did you sell?

EDIT: sorry, cavirtex 561.78, vircurex 2.42
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
Like Blitz said, if you're not having fun, what's the point?  Cheesy


We are going down all day long gentlemen.  Tongue

Said the escort to the football team.
legendary
Activity: 1904
Merit: 1002
Would it be better if I stopped? Last time I took a break we plunged to 65. Cheesy

Don't stop magical bear.  Hold up the price with your bear might.
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