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Author Topic: I cannot believe the price does not move after NYSE news  (Read 3424 times)
Natalia_AnatolioPAMM
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May 20, 2015, 07:50:48 PM
 #41

price rarely collaborate with news
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GambitBTC
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May 20, 2015, 07:51:59 PM
 #42

price rarely collaborate with news

Idk about that lol
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May 20, 2015, 08:18:52 PM
 #43

Only "bitcoiners" are left right now.

If you are going to gamble on BTC, right now is the time.  Weak hands are gone, it's zero or hero now baby.
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May 20, 2015, 09:40:14 PM
 #44

People like ideas that re-enforce their belief. In a bear market bad news re-enforces belief and good news will be ignored. When overall sentiment changes to bullish the reverse will apply. Stock up now while its cheap.
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May 20, 2015, 10:09:24 PM
 #45

People like ideas that re-enforce their belief. In a bear market bad news re-enforces belief and good news will be ignored. When overall sentiment changes to bullish the reverse will apply. Stock up now while its cheap.

Excellent point. Even the trolls are down to just a couple of disturbed attention seekers.

It is looking like we will have an exciting few years ahead.

The only question is, when does the price bubble again?
exocytosis
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May 21, 2015, 12:02:53 AM
 #46

The NYSE stuff was priced in long ago. It's been baked into the price all along.
JorgeStolfi
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May 21, 2015, 12:28:10 AM
 #47

There is a short document somewhere in the NYSE site that describes the their bitcoin price index.  It is some kind of day average, computed (by a secret formula) from data provided by an extensive list of bitcoin exchanges whose names begin with "Coin", end with "base", and are at most 8 letters long.

The price is updated daily at 16:00:00 UTC (4 pm London time), weekdays only.

It seems very useful, for what I cannot say.

Academic interest in bitcoin only. Not owner, not trader, very skeptical of its longterm success.
podyx
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May 21, 2015, 12:30:27 AM
 #48

I think that good news is expected.

If there wasn't any good news, everybody would sell.
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May 21, 2015, 12:35:33 AM
 #49

I think that good news is expected.

If there wasn't any good news, everybody would sell.

I doubt the average Chinese bot gives the tiniest shit about good news or lack thereof these days.
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May 21, 2015, 12:36:49 AM
 #50

I now firmly believe that bitcoin price is manipulated by whales and nothing more.

Well that can't last forever. Only 21 million coins max, there's not enough to go around if bitcoin gets big. What happens if coinbase or circle run out of bitcoin to sell during a huge influx of newcomers? They go to their supplying miner or exchange and buy some. Eventually the whales will run out of coins or decide to stop selling.

onewiseguy
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May 21, 2015, 12:38:21 AM
 #51

So your one of those that wants the price to go up. I mean it be nice if it did , but a few still want the technology to continue not just the price.
BlindMayorBitcorn
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May 21, 2015, 12:41:14 AM
 #52

There is a short document somewhere in the NYSE site that describes the their bitcoin price index.  It is some kind of day average, computed (by a secret formula) from data provided by an extensive list of bitcoin exchanges whose names begin with "Coin", end with "base", and are at most 8 letters long.

The price is updated daily at 16:00:00 UTC (4 pm London time), weekdays only.

It seems very useful, for what I cannot say.

lol. This was good. Smiley

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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May 21, 2015, 01:02:46 AM
 #53

Those are smart people, unlike the majority here that's just looking for a get-rich-quick scheme.
They know a scam when they see one.

14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
necrita
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May 21, 2015, 05:24:03 AM
 #54

There is a short document somewhere in the NYSE site that describes the their bitcoin price index.  It is some kind of day average, computed (by a secret formula) from data provided by an extensive list of bitcoin exchanges whose names begin with "Coin", end with "base", and are at most 8 letters long.

The price is updated daily at 16:00:00 UTC (4 pm London time), weekdays only.

It seems very useful, for what I cannot say.

Usage for the index could be for futures contracts and options.
Fiat_Hodler
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May 21, 2015, 05:56:19 AM
 #55

I now firmly believe that bitcoin price is manipulated by whales and nothing more.

Well that can't last forever. Only 21 million coins max, there's not enough to go around if bitcoin gets big. What happens if coinbase or circle run out of bitcoin to sell during a huge influx of newcomers? They go to their supplying miner or exchange and buy some. Eventually the whales will run out of coins or decide to stop selling.
lmfao
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May 21, 2015, 06:17:50 AM
 #56

If accounts are in usd that would enable big fiat players to simply leverage short Bitcoin to hit $10 then take profit.. Now imagine a bank doing this with almost unlimited fiat paper.. It skips the need to buy the coins to short them if fiat is allowed to be used as collateral.
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May 21, 2015, 06:55:04 AM
 #57

Price will rise when people learn about bitcoin and btc almost free transaction

IOTA
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May 21, 2015, 07:49:38 AM
Last edit: May 21, 2015, 01:23:34 PM by Amph
 #58

I think that good news is expected.

If there wasn't any good news, everybody would sell.

so the good news that work now, is to make bitcoin not worst in the price

in the end bad news drive the bitcoin dumping, good news prevent that, then my question is , what we need to raise?
600watt
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May 21, 2015, 07:54:41 AM
 #59

There is a short document somewhere in the NYSE site that describes the their bitcoin price index.  It is some kind of day average, computed (by a secret formula) from data provided by an extensive list of bitcoin exchanges whose names begin with "Coin", end with "base", and are at most 8 letters long.

The price is updated daily at 16:00:00 UTC (4 pm London time), weekdays only.

It seems very useful, for what I cannot say.

lol. This was good. Smiley


more useful than your filthy trolling.
BlindMayorBitcorn
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May 21, 2015, 12:31:32 PM
 #60

There is a short document somewhere in the NYSE site that describes the their bitcoin price index.  It is some kind of day average, computed (by a secret formula) from data provided by an extensive list of bitcoin exchanges whose names begin with "Coin", end with "base", and are at most 8 letters long.

The price is updated daily at 16:00:00 UTC (4 pm London time), weekdays only.

It seems very useful, for what I cannot say.

lol. This was good. Smiley


more useful than your filthy trolling.

Oh my. Undecided

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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