Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[marvinrouge]

The market will not move much until the 50000 FBI coins have been sold.

then it will go up just like the last time when it was 30000 for sale

No , these coin will be sold out the exchange .. so the price will not be affected "too much".

If we learn the coins have been sold 50% more than the value of the exchanges, it WILL go up. BIG.

1) Tim Draper wants this coins. It's his way to acquire lot of coins without moving the market and beyond that, his plan of communication (if people learn Tim Draper bought all the coins for the second time, every one will remeber the name of his exchange and take him seriously)... How much costs a full campaign of communication for the same result ?

2) The others participants, at the first auction, didn't know what to expect, they tried to get a discount. Now they know that the battle will be hard to obtain the coins and if they really want them, they'll have to pay a serious price.

3) The price has declined during a whole year. During this time, bitcoin has been taken seriously by the banks/governements, infrastructure has been built. So the end of the decline may be soon. During the last bounce, we saw that everyone is ready to get in and has his mouse above the "buy" button. At each possible start of a new trend, everyone wants to buy. If big players enter during a rise, they'll have to pay minimum the double of the actual price. And they can't get in right now without moving the market. The interest of the big players is to enter now off exchange, no matter what price they pay.

Conclusion : Maybe the price will fall sort term, but the auction of the coins may be the initiating event of the next bubble

[1713239964]

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[1713239964]

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[ChartBuddy]

Explanation

[redsn0w]

The market will not move much until the 50000 FBI coins have been sold.

then it will go up just like the last time when it was 30000 for sale

No , these coin will be sold out the exchange .. so the price will not be affected "too much".

If we learn the coins have been sold 50% more than the value of the exchanges, it WILL go up. BIG.

1) Tim Draper wants this coins. It's his way to acquire lot of coins without moving the market and beyond that, his plan of communication (if people learn Tim Draper bought all the coins for the second time, every one will remeber the name of his exchange and take him seriously)... How much costs a full campaign of communication for the same result ?

2) The others participants, at the first auction, didn't know what to expect, they tried to get a discount. Now they know that the battle will be hard to obtain the coins and if they really want them, they'll have to pay a serious price.

3) The price has declined during a whole year. During this time, bitcoin has been taken seriously by the banks/governements, infrastructure has been built. So the end of the decline may be soon. During the last bounce, we saw that everyone is ready to get in and has his mouse above the "buy" button. At each possible start of a new trend, everyone wants to buy. If big players enter during a rise, they'll have to pay minimum the double of the actual price. And they can't get in right now without moving the market. The interest of the big players is to enter now off exchange, no matter what price they pay.

Conclusion : Maybe the price will fall sort term, but the auction of the coins may be the initiating event of the next bubble

Maybe you're right  , very great theory  .

[galdur]

Nice. Up 3.3%/24 hrs.

[MrPiggles]

The market will not move much until the 50000 FBI coins have been sold.

then it will go up just like the last time when it was 30000 for sale

No , these coin will be sold out the exchange .. so the price will not be affected "too much".

If we learn the coins have been sold 50% more than the value of the exchanges, it WILL go up. BIG.

1) Tim Draper wants this coins. It's his way to acquire lot of coins without moving the market and beyond that, his plan of communication (if people learn Tim Draper bought all the coins for the second time, every one will remeber the name of his exchange and take him seriously)... How much costs a full campaign of communication for the same result ?

2) The others participants, at the first auction, didn't know what to expect, they tried to get a discount. Now they know that the battle will be hard to obtain the coins and if they really want them, they'll have to pay a serious price.

3) The price has declined during a whole year. During this time, bitcoin has been taken seriously by the banks/governements, infrastructure has been built. So the end of the decline may be soon. During the last bounce, we saw that everyone is ready to get in and has his mouse above the "buy" button. At each possible start of a new trend, everyone wants to buy. If big players enter during a rise, they'll have to pay minimum the double of the actual price. And they can't get in right now without moving the market. The interest of the big players is to enter now off exchange, no matter what price they pay.

Conclusion : Maybe the price will fall sort term, but the auction of the coins may be the initiating event of the next bubble

very speculation. much imagination. so wow

[bad trader]

I think you have to be a bot to believe in this rally.

The bots might have been onto something. I didn't name myself “bad trader” because I outperform a Chinese TA bot.

[noobtrader]

waiting for a price drop... 

[ChartBuddy]

Explanation

[bad trader]

I think you have to be a bot to believe in this rally.

The bots might have been onto something. I didn't name myself “bad trader” because I outperform a Chinese TA bot.

Just to be clear, I'm not saying it won't drop from here, which in itself is probably a bullish indicator.

[ShroomsKit]

The market will not move much until the 50000 FBI coins have been sold.

People are such idiots.

[janos666]

I think you have to be a bot to believe in this rally.

The bots might have been onto something. I didn't name myself “bad trader” because I outperform a Chinese TA bot.

Just to be clear, I'm not saying it won't drop from here, which in itself is probably a bullish indicator.

A bullrun on fiat? yyAy!

I closed my short on the way up from 350 to 360 in a hoped to reopen it above 370 but I am starting to "panic".

[ShroomsKit]

Nice. Up 3.3%/24 hrs.

It's called a pump. After that comes the dump.

[janos666]

Nice. Up 3.3%/24 hrs.

It's called a pump. After that comes the dump.

I think this thing under our feet called a "bounce" but you are the expert trader here.

[galdur]

Nice. Up 3.3%/24 hrs.

It's called a pump. After that comes the dump.

Really? Never heard that one before.

[bad trader]

Just to be clear, I'm not saying it won't drop from here, which in itself is probably a bullish indicator.

A bullrun on fiat? yyAy!

I closed my short on the way up from 350 to 360 in a hoped to reopen it above 370 but I am starting to "panic".

I just trust the market to move against me whatever I choose to do.

[Tzupy]

If the market will stay into oversold zone, it's possible to drop below 340$ tomorrow.

Market slowly moving above oversold, but could still drop again. I'm waiting for 12h PSAR flip as indicator of short-term trend reversal.

12h PSAR hasn't flipped yet, but 6h did, so very-short-term going up.

[Feri22]

waiting for a price drop... 

why?

[noobtrader]

Nice. Up 3.3%/24 hrs.

It's called a pump. After that comes the dump.

why i always sell when it was low.. whhyyyyy !!!  whyyyy bahahahahahaha

[ChartBuddy]

Explanation

[redsn0w]

waiting for a price drop... 

why?

I think  because he want to buy more bitcoin.