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2861  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2014, 04:33:14 PM
Has anyone else here ever tried to buy something on Alibada? All I ever get is a list of wholesalers.

I have bought some stuff. And i will say it to You dont buy electronics like TV, Phone, Tablet. You can get broken pice or not working. Sad Need to be very careful when You order from alibaba or aliexpress.
Share now trading at $96.42 a share, up more than 40%.

Holy crap..

It actually opened at $92.

Ipo max bid was 68 i think

It opened at $92.70
2862  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2014, 04:31:39 PM
Share now trading at $96.42 a share, up more than 40%.

Holy crap..

It actually opened at $92.

What is this alibaba IPO thing anyway??

What has it to do with crypto?

This BABA IPO has just turned Alibaba into one of the biggest companies in the world, at current cap , almost bigger than Amazon and Ebay together...
Chinese company, with "worlds biggest digital ecosystem" they are like a mixture between Ebay, Paypal, Facebook and Youtube..
 there is a possibility some BTC holders sold (the dip yesterday) to get some liquid funds today to ride what I think is going to be a pump today/this week. If they flip on the pump then they (being any BTC holders playing this trade) could return with their profits.

Options start in a few weeks,  think this is going to be rocky ride for BABA.

Also down the line if Alibaba become BTC friendly... it could be a good thing... at the moment they are anti BTC.


I think you're dreaming. Real investors don't give an ideological rats ass about Bitcoin. They will just take their money and move to the next big investment.

Dreaming about what? I am talking about BTC holders that are also speculators ... am I dreaming that there are speculators involved in Bitcoin, and Chinese speculators involved in Bitcoin? do you think? I do not think so.

Is it improbable that a Chinese/American speculator that is speculating in Bitcoin, might just be interested in one of the biggest IPO's of all time and the biggest IPO of a Chinese company ever?  

I think it is quite likely that a) some Chinese/Global BTC owners, (and BTC holders in general) are speculators and that some of those speculators would be interested in speculating in the biggest Chinese IPO ever , it is a tech company, and chinese one at that.... or do you suppose that speculators in BTC are only interested in BTC? I think not... not all but some, and more likely ones with deep pockets will be interested in speculating in different and interesting markets...  especially a quick opportunity to flip the pump (launched at $92.70 and spiked to $99.5 in minutes before a sell off... that there is profit)

Speculators like profit, some speculators are BTC speculators, = BABA IPO 1st day retail pump = opportunity to speculate and profit.





2863  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2014, 04:19:29 PM
Share now trading at $96.42 a share, up more than 40%.

Holy crap..

It actually opened at $92.

What is this alibaba IPO thing anyway??

What has it to do with crypto?

This BABA IPO has just turned Alibaba into one of the biggest companies in the world, at current cap , almost bigger than Amazon and Ebay together...
Chinese company, with "worlds biggest digital ecosystem" they are like a mixture between Ebay, Paypal, Facebook and Youtube..
 there is a possibility some BTC holders sold (the dip yesterday) to get some liquid funds today to ride what I think is going to be a pump today/this week. If they flip on the pump then they (being any BTC holders playing this trade) could return with their profits.

Options start in a few weeks,  think this is going to be rocky ride for BABA.

Also down the line if Alibaba become BTC friendly... it could be a good thing... at the moment they are anti BTC.




Right, so where can I buy this? :p

Yesterday.... unless you have friends family connected.. or you are one of the insitutional investors, then nowhere..  but today then ask/logon to your broker...  or to ride the wave you could buy Yahoo ; ) but watch the profit taking...

2864  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2014, 04:05:32 PM
Share now trading at $96.42 a share, up more than 40%.

Holy crap..

It actually opened at $92.

What is this alibaba IPO thing anyway??

What has it to do with crypto?

This BABA IPO has just turned Alibaba into one of the biggest companies in the world, at current cap , almost bigger than Amazon and Ebay together...
Chinese company, with "worlds biggest digital ecosystem" they are like a mixture between Ebay, Paypal, Facebook and Youtube..
 there is a possibility some BTC holders sold (the dip yesterday) to get some liquid funds today to ride what I think is going to be a pump today/this week. If they flip on the pump then they (being any BTC holders playing this trade) could return with their profits.

Options start in a few weeks,  think this is going to be rocky ride for BABA.

Also down the line if Alibaba become BTC friendly... it could be a good thing... at the moment they are anti BTC.


2865  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2014, 04:01:33 PM
$98 already, isn't suppose to start at $62 ? or did I miss that ?

Yup.. the insitutional players just made billions overnight ...
2866  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2014, 04:00:32 PM
BABA = totally nutz

Wonder if the $68  IPO - will turn to $100 per share by the end of the day.....


at this rate they will have a cap similar to Walmart...  crazy

Let the retail fun start.....


Opened seconds ago!!  Opened at $92.70

Billions just got made on a 24 hr flip  Cool fuckers I think it is more like 10 thieves that forty ; )

Let the games begin, and in a few weeks... the options will come..  ha

just a few cents fom $100 already !

Pump it UP
2867  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2014, 03:58:07 PM
Not sure if this has been said yet, but I think the price might rise substantially after the Alibaba IPO opens today.  Many people may have sold coins and are holding it in Fiat.  If and when the price goes past the amount they want to pay for the stock they will then take that fiat and reinvest it back into BTC as soon as they can.  It will in essence cause a run up very quickly in Bitcoin as well.   Grin

We will see of course. . .

Hmm... interesting what time IPO opens ? Lets hope You are right.

Supposed to open at any moment.

It is on LIVE at https://www.nyse.com/bell

I am trying to buy a little but I did not sell any BTC to do so.  Just moving some funds from a Roth IRA over to it.  Wink

Should be interesting today . . .

Now why would that cause the price to rise? Sorry I'm not getting it.

It is possible some holders liquidated some of their BTC stash to have a figure to play with today to ride the retail pump wave that is going to happen today...
if they are going for a short term flip, then they could take profits and buy back in..

Edit - SERIOUS Volume already and already over $96 in a few minutes... puts BABA at $230b
2868  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2014, 03:54:24 PM
BABA = totally nutz

Wonder if the $68  IPO - will turn to $100 per share by the end of the day.....


at this rate they will have a cap similar to Walmart...  crazy

Let the retail fun start.....


Opened seconds ago!!  Opened at $92.70

Billions just got made on a 24 hr flip  Cool fuckers I think it is more like 10 thieves that forty ; )

Let the games begin, and in a few weeks... the options will come..  ha
2869  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2014, 03:22:40 PM
BABA = totally nutz

Wonder if the $68  IPO - will turn to $100 per share by the end of the day.....


at this rate they will have a cap similar to Walmart...  crazy

Let the retail fun start.....
2870  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2014, 02:54:34 PM
2871  Economy / Speculation / Re: Automated posting on: September 19, 2014, 02:10:48 PM
Testing: Not sure what's going on.


Explanation

You are late bro
2872  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2014, 01:33:08 PM
Kggg... Sir, we have movement, i repeat, we have movement kgggg.


Foxtrot Uniform Charlie Kilo , Yankee Echo Sierra!

Hotel Oscar Papa Echo , India Tango, Kilo Echo Echo Papa Sierra, Golf Oscar India November Golf.

Over.

(green on green has a different meaning in this context)
2873  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2014, 01:06:42 PM
wow no new blocks for almost 1h.

I wonder how big the transaction volume will be in the next block.


miners already shutting down or variance?  Shocked

People panic transfering their coins to exchanges?



https://blockchain.info/charts/bitcoin-days-destroyed?timespan=1year&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
2874  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2014, 01:05:32 PM
Is there any other application for mining software, in case BTC will die  today
Maybe something to show and tell your grand kids about one day lol

really I don't think its dooms day by any means,,, let Alibaba dust settle and things will get back to normal,,, if there is such a thing

They will need to finish their position with Alibaba to come back to BTC.

Might takes a while.

Might never happens for some

I think the BABA profit taking could be pretty quick... pump up a few 10s and then dump back down past IPO day levels within a week or so.....
I could be wrong.
2875  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2014, 01:02:03 PM

 Cheesy

340, 342 , 345 whatevas... I just happen to have 342 ish on my trigger list/radar, pardone

2876  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2014, 11:55:23 AM
Feels so obvious that this is a buying point that probably the opposite will happen

I will have a few here at sub $400 .... and see how we go... still eyeballing $342 ish.




2877  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2014, 11:47:52 AM
nice bears, no one will believe in cryptocurrencies again. no one will invest in this bitcoin anymore.. nice move. and no, im not fallling, i had faith a long time in bitcoin.. congratz

Totally agree... I really believed in Bitcoin, and the fact that a non - government issued currency can survive, but now it is totally obvious that it can't. I hate to admit exactly now when I have some bitcoins and lots of BTC related projects, that Bitcoin is doomed to be gone forever.

There are more than 13.200.000 BTC already out in the market, yet a few thousands of them (like 1-2.000) can bring the price so drastically down. I am sure that US and other governments now are watching this amused because it is the end no doubt about it. It doesn't even matter if the price goes back to 500, 1000 or whatever. Once it is proved that it can be pushed down with less than 1.000.000 USD, bitcoin is worthless.

Try to manipulate USD exchange rate with investing 1.000.000 USD... the market won't even blink. But bitcoin is totally different, you can totally destroy it with this small amount of money.

EDIT: for those idiots who think that this is a good way to buy "cheap" bitcoins: once the market will lost faith in this coin (and this is happening totally now), it doesn't matter how "cheap" you buy something which is worthless.

BS
2878  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2014, 11:45:27 AM
Ok, that was all. Im losing all my money.

margin call?
2879  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2014, 11:41:07 AM
In previous crashes the ask side would be low for a while. Giving it some room for a bounce back. Not this time. Down it is and these people don't seem to want to stop till Bitcoin is completely destroyed and left like an old cum rag in the corner of the room.

But this is of course a good thing to many here.


Yeah man, it's twilight-zone bizarro world. Yay it's crashing, cheap coins ! To hell that i've lost 50% of what i put in. LoL


Lost it?
2880  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2014, 02:51:27 AM
http://www.wired.com/2014/09/chinese-giant-alibaba-ready-become-next-google/?mbid=social_twitter

"A recent Forrester Research report called Alibaba “the world’s biggest digital ecosystem.” "

They are poised to become a super giant...

These are the guys we want to take on BTC... pity at the moment they are anti BTC, maybe some party connections have put them off the idea before... I wonder if they will thaw....

(that being said I think in the short term BABA is going to be somewhat of a P&D, after the float, there will be a pump, and then profit taking, up to nearer 200 and then back down, and possibly to less than the cap at end of the float, but if they pull it off I would not be surprised to see them grow and acquire and grow)

(Edit= although, now that we have had this sell off... how the market reacts next.... we shall have to wait and see)
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