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

[fonzie]

Monero  

[1715137611]

1715137611

[1715137611]

1715137611

[1715137611]

1715137611

[1715137611]

1715137611

[lay785]

looks like lots of people are on the sidelines waiting for the results of the auction (check out the buy walls at lower prices)- but it appears that there arent enough sellers even now.

Once the auction is over and buyers want to buy back in. They will see that the price hasnt descended. There simply wont be enough btc to go around at current prices - so we will likely have large pump/bubble.

[noobtrader]

looks like lots of people are on the sidelines waiting for the results of the auction (check out the buy walls at lower prices)- but it appears that there arent enough sellers even now.

Once the auction is over and buyers want to buy back in. They will see that the price hasnt descended. There simply wont be enough btc to go around at current prices - so we will likely have large pump/bubble.

agree, btc could be hyped again and pumped into 1k region.

 

[BlindMayorBitcorn]

looks like lots of people are on the sidelines waiting for the results of the auction (check out the buy walls at lower prices)- but it appears that there arent enough sellers even now.

Once the auction is over and buyers want to buy back in. They will see that the price hasnt descended. There simply wont be enough btc to go around at current prices - so we will likely have large pump/bubble.

agree, btc could be hyped again and pumped into 1k region.

 

And dumped on noobtraders. Ad nauseam

[J3VVL]

Monero  

http://i60.tinypic.com/2lbnebt.jpg

poor rptilian

[ChartBuddy]

Explanation

[grappa_barricata]

[lyth0s]

Monero  

poor rptilian

That guy has 1000's of BTC to play with + a shit load more in storage. He bought a f'ing castle with bitcoin and is most likely set for the rest of his life. Not Poor risto, poor us!

[lay785]

why is btc price on bitfinex 1% higher than bitstamp.

[aminorex]

I am certainly enjoying accumulating more XMR at this level.  At some point I will just buy it all.  Not there yet, however.

[desticy]

it's more and more closer to $400, but t would stop at $360/

[niner]

why is btc price on bitfinex 1% higher than bitstamp.

Could Bitfinex be following OKCoin more closely than it follows Bitstamp?
OKcoin has 10x the volume of Bitstamp.

https://tradeblock.com/markets/okcn/xbt-cny/

[noobtrader]

looks like lots of people are on the sidelines waiting for the results of the auction (check out the buy walls at lower prices)- but it appears that there arent enough sellers even now.

Once the auction is over and buyers want to buy back in. They will see that the price hasnt descended. There simply wont be enough btc to go around at current prices - so we will likely have large pump/bubble.

agree, btc could be hyped again and pumped into 1k region.

 

And dumped on noobtraders. Ad nauseam

nonsensical... i dump on ppl, not the other way around

[billyjoeallen]

November 12 I had a sell order at BFX for $475.000 which the price hit, but there were so many other sellers at the exact same price that my order did not fill!!! 

[ChartBuddy]

Explanation

[billyjoeallen]

November 12 I had a sell order at BFX for $475.000 which the price hit, but there were so many other sellers at the exact same price that my order did not fill!!! 

Top ticked it to the fraction of a penny and no pay off. So if anybody's wondering why I'm not buying now it's because I don't have those profits to re-invest. Now I have to wait for a lower price (if we even get one) before increasing my stash.

[hyphymikey]

November 12 I had a sell order at BFX for $475.000 which the price hit, but there were so many other sellers at the exact same price that my order did not fill!!! 

Top ticked it to the fraction of a penny and no pay off. So if anybody's wondering why I'm not buying now it's because I don't have those profits to re-invest. Now I have to wait for a lower price (if we even get one) before increasing my stash.

You just realized you order didn't go through?

What, ya been busy bird huntin or somethin?

[shmadz]

I am certainly enjoying accumulating more XMR at this level.  At some point I will just buy it all.  Not there yet, however.

Really?

I've been enjoying the up and downs, and taking advantage when I can, but I've not seen much development taking place. I was getting the impression that it's a dead coin...

[coinableS]

The 2014 downward resistance line. We broke it once this year, about 20 days ago and then fell right back below. Will we break it again soon?

[JayJuanGee]

what if tim draper feels that he needs to buy all the coins at the new auction to lower his average buy in for bitcoins and also to potentially make the rest of his bitcoins worth more by allowing the market to rise after people are confident they wont be dumped on...

News say that he is taking part in a syndicate.  Doesn't that mean that he intends to buy less than 1 lot (1000 BTC)?
https://medium.com/@MirrorHQ/mirror-creates-syndicate-for-the-december-2014-usms-bitcoin-auction-45870def4f91

Possibly, he could do both?  Participate in the syndicate and also have his own individual bids... but maybe syndicates would NOT allow both?