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1  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 16, 2015, 06:04:24 PM
No pump before the Sweden's Nasdaq addition of BTC

Damn, i wouldn't wanna be a leveraged bull right now. It's comin'...


Who cares about some tiny exchange in a tiny country? Only ETF and stock markets collapse may create another bubble for btc but before that USMS has 40k btc waiting to be sold before the end of june as they promised, so sub 200$ is coming pretty soon.

Can you post a link to where they said they would hold another auction before the end of June? Are there also upcoming auctions in other countries like Australia? I remember the Australian government seized a lot of Bitcoins, but I cannot remember what they said they intended to do with them. They were discussing dumping them on the open market, although I'm not sure what they finally decided.

http://www.coindesk.com/us-marshals-bitcoin-auction-q1/

"In the coming months, the USMS is expected to sell 94,336 BTC, worth $17.5m at press time, as it liquidates the remainder of the bitcoins previously held by Ulbricht, who only yesterday admitted to founding Silk Road as an “economic experiment”."  ~50.000 has been sold at the last auction in March.

50k from the last auction made no difference to the price. Why would the last 44k?

Bears have basically run out of arguments for the continuation of the down trend except line on a chart points down technicals. They are entirely relying on the appearance of a big seller to push the price down. Not a great fundamental argument for bitcoin crashing to new lows.

Meanwhile the money keeps rolling into the space and the financial markets will soon be linked to bitcoin via a variety of regulated products.

Keep up the FUD. Whilst transparent it is amusing watching you chase pennies in front of the steamroller.

Inca is the real scammer here, he is trolling about this "50k from the last auction made no difference to the price" (last auction took place at 02/03/2015).

Trying to sell bags by scamming people with lies? no way man. i will burst your lies one by one.

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