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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26403516 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
siggy
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June 30, 2014, 07:53:24 PM

OK.. so some very ugly guestimation calculations...

the USMS says they got 60+ bids ... at 3,000 BTC per block that is a demand for 60* 3k = 180,000 coins....

Lets assume that 75% of those bids were bottom feeders, only interested in turning a quick buck by flipping the coins if they were to go below market... 180k/4 = 45,000 coins with *real* demand behind them....

as there were only 30k coins in the auction,  45k - 30k = 15k deficit.

So, after the auction, we have a pent up demand for approximately 15,000 coins by people we know have the money already allocated for BTC purchases

Could be a very good next couple of days....

Sigg
Parazyd
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Space Lord


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June 30, 2014, 07:53:41 PM

Whoever bought in the bear trap must be laughing now.  Tera and the rest of the dumb bears must be crying Cheesy

*looks for it's happening gif*

Bears lose Tongue
derpinheimer
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June 30, 2014, 07:53:45 PM

Wow, Stamp is leading massively. Huobi is only $636.
blatchcorn
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June 30, 2014, 07:54:29 PM

Whoever bought in the bear trap must be laughing now.  Tera and the rest of the dumb bears must be crying Cheesy

*looks for it's happening gif*

Bears lose Tongue
fallinglantern
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June 30, 2014, 07:54:39 PM

Parazyd
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June 30, 2014, 07:54:51 PM

Wow, Stamp is leading massively. Huobi is only $636.

Yeah... Even Bitfinex isn't gox-ish anymore. Coolio.
Torque
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June 30, 2014, 07:56:33 PM

Wow, Stamp is leading massively. Huobi is only $636.

Yeah... Even Bitfinex isn't gox-ish anymore. Coolio.
Wouldn't it make sense though, if the auction losers are buying their coins directly on/from Stamp?
bitebits
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Flippin' burgers since 1163.


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June 30, 2014, 07:56:55 PM

I would love MatTheCat to do some TA now.
abercrombie
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June 30, 2014, 07:57:31 PM

Alan Silbert ‏@alansilbert
VP at GE Capital. Founder of BitPremier, the Bitcoin luxury marketplace. Bitcoin guru and evangelist.

"So basically at least USD$20MM of bitcoin buying demand went unsatisfied in the auction and will look elsewhere to buy bitcoins i.e. market"

https://twitter.com/alansilbert/status/483695027651346432
magicmexican
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June 30, 2014, 07:57:55 PM

Whats up with pumps? Auction over?
Timmmaahh
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June 30, 2014, 07:58:11 PM

CCMF =D
p0peji
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June 30, 2014, 07:58:30 PM

Is it weird if I just took profit on some of my positions?
dropt
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June 30, 2014, 07:58:33 PM

I would love MatTheCat to do some TA now.

LOL, he probably had a retarded short open and got margin called on his 2.5BTC.

Still waiting for $200s which he assured me were going to happen, and that when it did he'd be sure to laugh in my face.
Parazyd
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June 30, 2014, 07:58:51 PM

Wow, Stamp is leading massively. Huobi is only $636.

Yeah... Even Bitfinex isn't gox-ish anymore. Coolio.
Wouldn't it make sense though, if the auction losers are buying their coins directly on/from Stamp?

Nah... That's not bound to happen. Buying that big always goes without middlemen.
BBmodBB
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June 30, 2014, 07:59:09 PM

PUMP $BITCOIN
macsga
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Strange, yet attractive.


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June 30, 2014, 07:59:16 PM

Whats up with pumps? Auction over?
DOOD! QUICK! THE DINOSAUR!!!!!!!!!! Grin
dropt
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June 30, 2014, 07:59:20 PM

400 wall on bitfinex pulled or swallowed?


Pretty sure that was chewed through with the quickness.
Richy_T
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k


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June 30, 2014, 07:59:26 PM


evil kneivel was a crap toy.  broke right away.

Mine didn't. Though I did chop the head off of my brother's and bury the body in the back yard.

Does he know and has he forgiven you? Wink

I don't actually remember. He may even have been present.
derpinheimer
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June 30, 2014, 07:59:38 PM

400 wall on bitfinex pulled or swallowed?


Eaten
ChrisML
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June 30, 2014, 08:00:08 PM

Shitloads of selling going on at BTC-E. Serious shit.

Loving this green candle.. but a red one will follow shortly.
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