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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 26373414 times)
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adamstgBit
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December 04, 2014, 09:05:26 PM

my bet is all coins sold for atleast 450  Kiss

i'm thinking 400 was top bid on a few of the blocks the rest are 350+

hopefully we get some info about this in the coming days.

i dont think we will...

we will have to look to the market's movement for answers, 10$ says market stays flat as fuck for 10 days  Grin

at the very least we will get to know how many winner there was but looking at the TX from their wallet.
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December 04, 2014, 09:08:11 PM

my bet is all coins sold for atleast 450  Kiss

i'm thinking 400 was top bid on a few of the blocks the rest are 350+

hopefully we get some info about this in the coming days.

i dont think we will...

we will have to look to the market's movement for answers, 10$ says market stays flat as fuck for 10 days  Grin

I don't think so, there is a larger triangle that will break in a couple of days.

As for the auction, I believe most bids should have been around 300$ and lower and the gov may not have sold all now.
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December 04, 2014, 09:09:36 PM

I was just thinking of a terrible rom-com movie called "Failure to Launch" with Sarah Jessica Horseface and Mathew McSomethingScottish. I don't know why.

What are the odds bulls can get the 1 HR moving average to go green before the Chinese wake up? I want to double up my short position.
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December 04, 2014, 09:10:56 PM

http://online.wsj.com/articles/marshals-service-auctions-50-000-bitcoin-seized-in-silk-road-case-1417727252?tesla=y&mg=reno64-wsj&url=http://online.wsj.com/article/SB11086996025538033553004580317322090683214.html


27 bids apparently
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December 04, 2014, 09:11:56 PM

I was just thinking of a terrible rom-com movie called "Failure to Launch" with Sarah Jessica Horseface and Mathew McSomethingScottish. I don't know why.

Your TA?

No ?  have nothing ?  just a hunch?
adamstgBit
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December 04, 2014, 09:18:03 PM

FBI should of just dump across a few exchanges...

give the littles guys some love come on!
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December 04, 2014, 09:23:09 PM

I was just thinking of a terrible rom-com movie called "Failure to Launch" with Sarah Jessica Horseface and Mathew McSomethingScottish. I don't know why.

Your TA?

No ?  have nothing ?  just a hunch?
I already posted my reasoning. There is a patteren of crash, bounce, pause, spike, second bounce, and then complete dissipation of all upward momentum. The patterns has repeated three times in this bear market and is in the process of repeating again. We are in the dissipation phase, prior to the next crash.

Don't blame the weatherman for the weather. I wanna see this goddamn bear market over as much as anybody, which is why I'm trying to help make the next crash a double bottom and defend $270. To do that, i need fiat. That's why I'm shorting.
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December 04, 2014, 09:23:54 PM

my bet is all coins sold for atleast 450  Kiss

i'm thinking 400 was top bid on a few of the blocks the rest are 350+

hopefully we get some info about this in the coming days.

i dont think we will...

we will have to look to the market's movement for answers, 10$ says market stays flat as fuck for 10 days  Grin

I don't think so, there is a larger triangle that will break in a couple of days.

As for the auction, I believe most bids should have been around 300$ and lower and the gov may not have sold all now.

27 bid says you're wrong   Grin
10 blocks with 2000btc + 10 blocks with 3000btc... you do the math. Winning bids were probably 10% above the market price.


Well it's not my maths, just posting the article.  I'm sure you can make one bid for multiple blocks, it's not EBAY.
adamstgBit
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December 04, 2014, 09:25:26 PM

my bet is all coins sold for atleast 450  Kiss

i'm thinking 400 was top bid on a few of the blocks the rest are 350+

hopefully we get some info about this in the coming days.

i dont think we will...

we will have to look to the market's movement for answers, 10$ says market stays flat as fuck for 10 days  Grin

I don't think so, there is a larger triangle that will break in a couple of days.

As for the auction, I believe most bids should have been around 300$ and lower and the gov may not have sold all now.

27 bid says you're wrong   Grin
10 blocks with 2000btc + 10 blocks with 3000btc... you do the math. Winning bids were probably 10% above the market price.


with 7 losing bids... IDK

- or + 10% of current market price sounds right.
adamstgBit
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December 04, 2014, 09:26:46 PM

my bet is all coins sold for atleast 450  Kiss

i'm thinking 400 was top bid on a few of the blocks the rest are 350+

hopefully we get some info about this in the coming days.

i dont think we will...

we will have to look to the market's movement for answers, 10$ says market stays flat as fuck for 10 days  Grin

I don't think so, there is a larger triangle that will break in a couple of days.

As for the auction, I believe most bids should have been around 300$ and lower and the gov may not have sold all now.

27 bid says you're wrong   Grin
10 blocks with 2000btc + 10 blocks with 3000btc... you do the math. Winning bids were probably 10% above the market price.


Well it's not my maths, just posting the article.  I'm sure you can make one bid for multiple blocks, it's not EBAY.
i had not considered that.
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December 04, 2014, 09:27:45 PM

My guess is that Draper wins most of the blocks with bids of $450 to $499. The guy has a no-fucks-given attitude and he wants those coins. If you believed that Bitcoin would reach 10k in a few years why not bid high enough to make sure you win them?
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December 04, 2014, 09:30:10 PM

my bet is all coins sold for atleast 450  Kiss

i'm thinking 400 was top bid on a few of the blocks the rest are 350+

hopefully we get some info about this in the coming days.

i dont think we will...

we will have to look to the market's movement for answers, 10$ says market stays flat as fuck for 10 days  Grin

at the very least we will get to know how many winner there was but looking at the TX from their wallet.

Hopefully, we will find out some things from the auction.  There does seem to remain a large amount (maybe too much) mystery around these BTC auctions.  Probably, the public had a right to know after the last auction of 30k coins (for how much did those coins auction).  To date, we still do NOT know for how much those 30K coins auctioned... we can only make reasonable inferences based on what we know, and that is likely Draper got them all for at least 5% above market - possibly more (otherwise it is NOT likely that he would have been able to win all 10 lots).

TL;DR :   There exists too much mystery with the BTC auctions.
adamstgBit
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December 04, 2014, 09:30:43 PM

My guess is that Draper wins most of the blocks with bids of $450 to $499. The guy has a no-fucks-given attitude and he wants those coins. If you believed that Bitcoin would reach 10k in a few years why not bid high enough to make sure you win them?

lol

thanks to Mr. Draper  the float is 0

TO THE MOON!
NotLambchop
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December 04, 2014, 09:31:26 PM

...
27 bid says you're wrong   Grin
10 blocks with 2000btc + 10 blocks with 3000btc... you do the math. Winning bids were probably 10% above the market price.
...

Twenty-seven bids don't have to translate to 20 sold blocks.  All the bids could have been ridiculously low--costs nothing to bid Smiley
JayJuanGee
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December 04, 2014, 09:32:28 PM

I was just thinking of a terrible rom-com movie called "Failure to Launch" with Sarah Jessica Horseface and Mathew McSomethingScottish. I don't know why.

What are the odds bulls can get the 1 HR moving average to go green before the Chinese wake up? I want to double up my short position.


YOU GO GIRL!!!!!    Cheesy Cheesy Cheesy
JayJuanGee
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December 04, 2014, 09:34:35 PM



Wow!!!!!!!!   If that's true, then that is surely a small number of bids.  27 bids for 20 lots?


I may have to revise my thinking based on that news if it were true.
adamstgBit
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December 04, 2014, 09:35:36 PM



Wow!!!!!!!!   If that's true, then that is surely a small number of bids.  27 bids for 20 lots?


I may have to revise my thinking based on that news if it were true.

yes but maybe someones 1 bid was for 10 blocks @390
adamstgBit
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December 04, 2014, 09:37:46 PM

if we go over 375.6 in the next 3 hours, all bets are off.
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December 04, 2014, 09:39:01 PM



Wow!!!!!!!!   If that's true, then that is surely a small number of bids.  27 bids for 20 lots?


I may have to revise my thinking based on that news if it were true.

yes but maybe someones 1 bid was for 10 blocks @390

bids vs bidders? I would assume 27 bidders = open to bid on all blocks.. still a decent amount of action to compete with if so.
JayJuanGee
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December 04, 2014, 09:39:09 PM

my bet is all coins sold for atleast 450  Kiss

i'm thinking 400 was top bid on a few of the blocks the rest are 350+

hopefully we get some info about this in the coming days.

i dont think we will...

we will have to look to the market's movement for answers, 10$ says market stays flat as fuck for 10 days  Grin

I don't think so, there is a larger triangle that will break in a couple of days.

As for the auction, I believe most bids should have been around 300$ and lower and the gov may not have sold all now.

27 bid says you're wrong   Grin
10 blocks with 2000btc + 10 blocks with 3000btc... you do the math. Winning bids were probably 10% above the market price.


Well it's not my maths, just posting the article.  I'm sure you can make one bid for multiple blocks, it's not EBAY.
i had not considered that.

That's an interesting factoid.. and surely such a factoid would make a difference.  If it were true that one bid could be for multiple blocks, then 27 bids could be very bullish, on the other hand if the bids are limited to one block, then 27 bids is fairly bearish, in my humble bumble opinion.
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