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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 26367077 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.)
soullyG
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April 07, 2015, 04:23:49 PM

The GBTC market could start trading any second. The question is if it's going to affect the price...

any second?

was there an announcement or are you just saying that.
Just this vague announcement last week, he he:
http://www.cnbc.com/id/102549768

It does actually look like bids/asks have been updated in the last 24 hours, the one from PUMA Capital is new and so are a few of the others:

http://www.otcmarkets.com/stock/GBTC/quote

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Norway
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April 07, 2015, 04:27:40 PM

The GBTC market could start trading any second. The question is if it's going to affect the price...

any second?

was there an announcement or are you just saying that.
Just this vague announcement last week, he he:
http://www.cnbc.com/id/102549768

It does actually look like bids/asks have been updated in the last 24 hours, the one from PUMA Capital is new and so are a few of the others:

http://www.otcmarkets.com/stock/GBTC/quote


Yes. I watch that page all day long, now. But what impact could this new market have?
tarmi
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April 07, 2015, 04:41:55 PM


Yes. I watch that page all day long, now. But what impact could this new market have?



60 btc in bids?

well...

 Cheesy

...


come on bulls, you can borrow that million on bfx and push this to 265! you are almost there.
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April 07, 2015, 04:50:50 PM


Yes. I watch that page all day long, now. But what impact could this new market have?



60 btc in bids?

well...

 Cheesy

...


come on bulls, you can borrow that million on bfx and push this to 265! you are almost there.

tarmi's right we can do it! ┗(°0°)┛
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April 07, 2015, 04:53:59 PM

ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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April 07, 2015, 04:58:38 PM

Coin
Explanation
adamstgBit
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April 07, 2015, 05:02:48 PM

stabilizing at 256 for a while would be cool.
tarmi
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April 07, 2015, 05:02:52 PM


tarmi's right we can do it! ┗(°0°)┛



I want to see more bulls trapped actually.

 Cool
adamstgBit
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April 07, 2015, 05:06:05 PM


tarmi's right we can do it! ┗(°0°)┛



I want to see more bulls trapped actually.

 Cool

when i looked at the chart this weekend, my first thought was HAHAHA tarmi's gana be pissed!
but you seem ok,
kinda disappointed...

Anotherthing
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April 07, 2015, 05:07:04 PM

stabilizing at 256 for a while would be cool.

And how am I supposed to gamble?
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April 07, 2015, 05:24:53 PM

You know what happens when price stabilizes, Adam?  THIS happens.  The place goes dead.
Is this what you want?
Norway
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April 07, 2015, 05:29:25 PM

A new player (Maxim Group LLC) just entered GBTC @ 357.5 USD / bitcoin  Wink
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April 07, 2015, 05:31:16 PM

stabilizing at 256 for a while would be cool.

unfortunately it's not highly possible
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April 07, 2015, 05:33:10 PM

A new player (Maxim Group LLC) just entered GBTC @ 357.5 USD / bitcoin  Wink

Need a tissue, bro?
damiano
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103 days, 21 hours and 10 minutes.


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April 07, 2015, 05:38:22 PM

stabilizing at 256 for a while would be cool.

And how am I supposed to gamble?
Buy LEOcoin

Lol
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April 07, 2015, 05:41:53 PM

I really don't get why anyone would want to sell their GBTC coins at current prices, to be honest... I mean they all bought in at higher prices and they are obviously investors who aren't in for the daily fluctuations, thus they most likely can afford to wait, as well.
Norway
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April 07, 2015, 05:48:36 PM

I really don't get why anyone would want to sell their GBTC coins at current prices, to be honest... I mean they all bought in at higher prices and they are obviously investors who aren't in for the daily fluctuations, thus they most likely can afford to wait, as well.
The only reason I can see is a good arbitrage opportunity  Wink
ensurance982
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April 07, 2015, 05:51:29 PM

I really don't get why anyone would want to sell their GBTC coins at current prices, to be honest... I mean they all bought in at higher prices and they are obviously investors who aren't in for the daily fluctuations, thus they most likely can afford to wait, as well.
The only reason I can see is a good arbitrage opportunity  Wink

Yeah, well... It's a one-way arbitrage to be honest... They'd be out of the GBTC system and into the regular coins. They might prefer staying in that ecosystem for some reason or just don't want to go through all that hassle for 10%...
If anything, this is bullish... Can't see anything bearish about it, really...
ensurance982
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April 07, 2015, 05:56:27 PM

Can I short it? Nothing against Leocoin, but I only short - I short all kind of things, always. If I can't short a thing it doesn't make me happy  Angry

Ha, awesome! It makes most sense to short those things that are supposedly those that make the least sense. Sort of the most contrarian investing there is Cheesy
On leverage???
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April 07, 2015, 05:57:17 PM

I really don't get why anyone would want to sell their GBTC coins at current prices, to be honest... I mean they all bought in at higher prices and they are obviously investors who aren't in for the daily fluctuations, thus they most likely can afford to wait, as well.
The only reason I can see is a good arbitrage opportunity  Wink

Yeah, well... It's a one-way arbitrage to be honest... They'd be out of the GBTC system and into the regular coins. They might prefer staying in that ecosystem for some reason or just don't want to go through all that hassle for 10%...
If anything, this is bullish... Can't see anything bearish about it, really...
They don't really have to get out of the system. They can just get new and fresh issued BIT stocks. (And the current arbitrage is 40%.)
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