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Raystonn
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June 30, 2014, 06:50:30 AM |
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Timeline:
1) Large Buyers are slowly accumulating Bitcoin as exchange depth allows, trying not to run the price up on themselves while they try to fill their accounts to their planned levels of exposure.
2) They find out about the SR Seized Coin auction. Some may have found out before the public announcement.
3) They stop buying on exchanges and save their funds for later bids at the auction. This would correspond to a lack of buying, as some here have seen in their analysis for the past few weeks.
4) Someone wins the auction, but most bidders do not get all of their bids filled. The losers find out some time between end of auction 6/27 6PM EST and 6/30 5PM EST.
5) Losers begin slowly accumulating Bitcoin on exchanges again until reaching their planned level of exposure.
We are between #3 and #4. The next step will be bullish.
Yep, bullish. Back up the truck... |
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Searing
Copper Member
Legendary
 Offline
Activity: 2898
Merit: 1464
Clueless!
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June 30, 2014, 06:52:12 AM |
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WHAT THE FUCK!?!
the ways of bitcoin are mysterious to me.....(thus not a whale) very interesting Searing |
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BTCfan1
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June 30, 2014, 06:52:15 AM |
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it seems likely that some insiders found out the auction results early
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Davyd05
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June 30, 2014, 06:52:50 AM |
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Wonder what happens upon USMS winner notification..since some losers might have to buy in via exchanges  |
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exponential
Member
Offline
Activity: 94
Merit: 10
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June 30, 2014, 06:53:09 AM |
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So much for an early bedtime tonight  |
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macsga
Legendary
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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June 30, 2014, 06:53:25 AM |
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MUCH MOONCOMING SOON!!!1(TM) 
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600watt
Legendary
Offline
Activity: 2338
Merit: 2106
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June 30, 2014, 06:53:46 AM |
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wow THOUSANDS OF BITCOINS BOUGHT
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molecular
Donator
Legendary
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Activity: 2772
Merit: 1019
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June 30, 2014, 06:56:26 AM |
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wow THOUSANDS OF BITCOINS BOUGHT
wow THOUSANDS OF BITCOINS SOLD things as: at increasing prices |
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Ultros
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June 30, 2014, 06:57:01 AM |
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Ccmf.
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molecular
Donator
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Activity: 2772
Merit: 1019
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June 30, 2014, 06:57:07 AM |
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hmm, looks like this could have legs
what do you guys think?
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Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1464
Clueless!
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June 30, 2014, 06:57:17 AM |
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it seems likely that some insiders found out the auction results early
that or talk on the 'whale thread/pipeline/skype or however whales talk to each other' it came out that a bunch of them LOST the auction (or so they think) by bidding below $600 USD ... and that price did not cut it.... that too would make all this go 'nuts' Searing |
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FNG
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June 30, 2014, 06:58:34 AM |
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First half of the year of bitcoin sucked..I welcome the 2nd half with open arms.
Firework ceremony starting a few hours early
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Timmmaahh
Member
Offline
Activity: 98
Merit: 10
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June 30, 2014, 06:59:58 AM |
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lang ago since we saw high prices with high volume  ))) ccmf |
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 30, 2014, 07:00:40 AM |
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Room101
Sr. Member
Offline
Activity: 541
Merit: 362
Rules not Rulers
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June 30, 2014, 07:01:30 AM |
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$800 by the end of June
Can i get a amen confirm?
Not out of the question |
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ShroomsKit
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June 30, 2014, 07:01:49 AM |
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WHAT THE FUCK!?!
the ways of bitcoin are mysterious to me.....(thus not a whale) very interesting Searing I don't see why anyone would be surprised. We were here already last month. And higher. There was absolutely no reason to go down in the first place. Just loads of silly dumps and some nice fud here and there. It was just a matter of time before we would go back again. I guess the end of the auction (and month) was a good moment for that. The end of bear month. The bear trolls will be quiet for a while. Although Tera will soon be here to tell us why we will be going down. |
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JimboToronto
Legendary
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Activity: 4004
Merit: 4482
You're never too old to think young.
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June 30, 2014, 07:01:56 AM |
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some losers might have to buy in via exchanges Yes, and if one group won most or all of the lots due to aggressive bidding, they'd be strongly motivated to buy several thousand more coins to spur a rally and drove the price up, multiplying the value of what they bought at auction. |
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oda.krell
Legendary
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Activity: 1470
Merit: 1007
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June 30, 2014, 07:02:26 AM |
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Noice. Veeery noice.
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Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1464
Clueless!
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June 30, 2014, 07:03:15 AM |
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it seems likely that some insiders found out the auction results early
that or talk on the 'whale thread/pipeline/skype or however whales talk to each other' it came out that a bunch of them LOST the auction (or so they think) by bidding below $600 USD ... and that price did not cut it.... that too would make all this go 'nuts' Searing er it just 'popped' in my mind that the folks that 'won' the auction could have now looked at what they paid to win it vs what the current price is...and figure with the announcement...it is a very very good time to buy...that would be 'devious' would make 'some sense' if some of these folks were from China it is like 3:20pm Shanghai time by the by just another guess Searing |
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