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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26384351 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.)
fonsie
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August 04, 2014, 01:43:00 PM

So,  I was wondering if the Jersey Island Bitcoin fund, GABI, has a certain time of day for settlement of orders?  It seemed that there were some large purchases of coins made at the end of their work day on Friday!  If this is the case, then perhaps today we will see the same thing in a few hours?  (or at the end of each work day from this point)  I am hoping!  Grin
I was thinking the same.  Grin

They said they would take in orders during august and start buying in september, there was a lot of interest, even from small private banks worth a couple of billion, the smallest parties wich showed interest were willing to buy in the 5-10$ million range.

Source?

Here you go: http://www.forbes.com/sites/alisoncoleman/2014/08/03/europes-bitcoin-entrepreneurs-winning-investor-seal-of-approval

since you obviously haven't heard of Google...
Dragonkiller
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August 04, 2014, 01:52:22 PM

So,  I was wondering if the Jersey Island Bitcoin fund, GABI, has a certain time of day for settlement of orders?  It seemed that there were some large purchases of coins made at the end of their work day on Friday!  If this is the case, then perhaps today we will see the same thing in a few hours?  (or at the end of each work day from this point)  I am hoping!  Grin
I was thinking the same.  Grin

They said they would take in orders during august and start buying in september, there was a lot of interest, even from small private banks worth a couple of billion, the smallest parties wich showed interest were willing to buy in the 5-10$ million range.

Source?

Here you go: http://www.forbes.com/sites/alisoncoleman/2014/08/03/europes-bitcoin-entrepreneurs-winning-investor-seal-of-approval

since you obviously haven't heard of Google...

Thanks
sickpig
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August 04, 2014, 01:55:37 PM


thanks Justus. this is big. I'm eagerly waiting for the day the documents about alleged market manipulation will be published.

tl;dr Jon Matonis Executive Director of The Bitcoin Foundation accused to manipulate the market through "The Exante Fund".

FYI the author have deleted the article from medium.com platform, strange.

Justus do you have any more info?
ChartBuddy
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August 04, 2014, 01:59:54 PM


Explanation
ensurance982
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August 04, 2014, 02:02:21 PM

That was a strong buy, I'd say! It's still somewhat going strong. Most interestingly: The resistance to 600 is quite weak. But there's a big wall waiting for us, if we actually do get there!
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August 04, 2014, 02:13:21 PM

No really, everyone should wait until September until the hedgefonds "officially" start buyin up the market....
It makes no sense at all to buy before them....  Wink Cheesy


Edit: You know what they say about rumors...
hyphymikey
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August 04, 2014, 02:14:27 PM

That was a strong buy, I'd say! It's still somewhat going strong. Most interestingly: The resistance to 600 is quite weak. But there's a big wall waiting for us, if we actually do get there!

I think that wall is sitting at 599.xx
hyphymikey
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August 04, 2014, 02:16:15 PM

No really, everyone should wait until September until the hedgefonds "officially" start buyin up the market....
It makes no sense at all to buy before them....  Wink Cheesy


Edit: You know what they say about rumors...

Lol

I'm glad I took you off of ignore a few weeks ago. You seem different lately, why the change?
ImI
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August 04, 2014, 02:16:42 PM

No really, everyone should wait until September until the hedgefonds "officially" start buyin up the market....
It makes no sense at all to buy before them....  Wink Cheesy


Edit: You know what they say about rumors...

Sell the rumor, buy the news.
fonzie
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August 04, 2014, 02:18:42 PM

No really, everyone should wait until September until the hedgefonds "officially" start buyin up the market....
It makes no sense at all to buy before them....  Wink Cheesy


Edit: You know what they say about rumors...

Lol

I'm glad I took you off of ignore a few weeks ago. You seem different lately, why the change?

I quit being sober.  Cheesy

SR! BTC! TO DA MOON!
Moria843
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August 04, 2014, 02:20:59 PM

Will amazon and other big players accepting bitcoin cause the value to drop?

I'm thinking it will, since most use services like bitpay and it would make sense for them to sell the coins quickly. That would be a lot of selling that will probably offset good publicity.

For a large influx of bitcoins coming in, seems like it would make sense for bitpay and other big processors to sit on their reserves and just sell, and watch the price drop, and then build their reserves back up at the low price.

I hope somebody can tell me I'm wrong.  Sad

No, it'll actually drop sharply at first because whale traders like to quickly flash crash the market, in order to buy up cheap coins before the good news makes the media rounds and the actual public buying starts.  In the next few days that follow, good news spreads quickly, more people buy, and the price naturally goes back up.  Then the whales slowly sell it back down, reaping their 10% profits along the way back down to where it was before the good news was announced.  Wash, rinse, repeat.

I'm surprised that others have not recognized this obvious pattern, as it has played out over and over and over again over the past 3 months.  Good news announcements have always been accompanied by an immediate sharp sell off.  The price rises, then slowly back down again.
Interesting!
ensurance982
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August 04, 2014, 02:21:52 PM

No really, everyone should wait until September until the hedgefonds "officially" start buyin up the market....
It makes no sense at all to buy before them....  Wink Cheesy


Edit: You know what they say about rumors...

In my books it totally makes sense to wait for some things to become clearer, to see whether they really work out the way they were supposed or expected to work out. On the other hand, people like to try and maximize their profit...

Yeah, buy the rumor, sell the news  Tongue Tongue Tongue
adamstgBit
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August 04, 2014, 02:26:20 PM

shit i only got 0.1BTC bid filled.

i need way more...

if someone could dump +1K coins that would be gr8 thanks
fonzie
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August 04, 2014, 02:28:55 PM

shit i only got 0.1BTC bid filled.

i need way more...

if someone could dump +1K coins that would be gr8 thanks

600$ will fall in less than 12h!!!

ADAM you will miss the train, again!
ensurance982
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August 04, 2014, 02:28:58 PM

shit i only got 0.1BTC bid filled.

i need way more...

if someone could dump +1K coins that would be gr8 thanks

I wish you all the luck in the world getting BTC, but I gotta say "please don't dump! I'd like the price to remain up here, and continue climbing up. thanks". But feel free to buy now! Wink
adamstgBit
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August 04, 2014, 02:29:30 PM

600$ will fall in less than 12h!!!


mmitech
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August 04, 2014, 02:30:54 PM

my sentiments have changed, it is time to buy, you will have around one month to do that.
ensurance982
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August 04, 2014, 02:31:57 PM

600$ will fall in less than 12h!!!




So go, quick, buy some more before it's too late! Smiley
Didn't they use beaker on bitcoinity as an April fools joke?
mooncake
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August 04, 2014, 02:34:00 PM

my sentiments have changed, it is time to buy, you will have around one month to do that.
Why 1 month?  Huh
fonzie
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August 04, 2014, 02:35:45 PM

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