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

[inca]

It wouldn't be a great surprise if the whole move down from ~400 was an orchestrated buy up of bitcoins prior to the ETF going live, would it?

[findftp]

Come on, pump this fucker to infinityyyyyyyyy



Bye bye 200's!

[noobtrader]

It wouldn't be a great surprise if the whole move down from ~400 was an orchestrated buy up of bitcoins prior to the ETF going live, would it?

i thought they already has a lot of bitcoin for the etf ?

[N12]

What does NYSE have to do with an ETF that is to launch on the NASDAQ?

The Coinbase investment is amazing though, it really goes to show how miniscule Bitcoin's current market cap is when compared to valuations of Bitcoin companies.

[BrewCrewFan]

It wouldn't be a great surprise if the whole move down from ~400 was an orchestrated buy up of bitcoins prior to the ETF going live, would it?

i thought they already has a lot of bitcoin for the etf ?

I think he is talking about others inside the loop.

[NotLambchop]

Burningtrain.gif, gentlemen?

[BrewCrewFan]

What does NYSE have to do with an ETF that is to launch on the NASDAQ?

The Coinbase investment is amazing though, it really goes to show how miniscule Bitcoin's current market cap is when compared to valuations of Bitcoin companies.

I think from what I gather is it creates transparency... which is something you need for investing / trading. Like I said I am not sure what is all required in stuff like that but I would think that would be one thing you would need.

[noobtrader]

It wouldn't be a great surprise if the whole move down from ~400 was an orchestrated buy up of bitcoins prior to the ETF going live, would it?

i thought they already has a lot of bitcoin for the etf ?

I think he is talking about others inside the loop.

ok,
that makes sense...

[abercrombie]

Is it time?   Woke up 7:30 AM Eastern Time, Bought 26 at $210 and saw it go straight to $203.  

Now $213, maybe I should sell the news?  

[inca]

It wouldn't be a great surprise if the whole move down from ~400 was an orchestrated buy up of bitcoins prior to the ETF going live, would it?

i thought they already has a lot of bitcoin for the etf ?

Not the winklevii. If/when the ETF goes live it will almost inevitably draw in lots of investment capital into the space. All the winklevii coins are only valued 20 million USD now. It is likely that prior to such an announcement there will be buying up on coins en masse by those in the know. A great way to do this is to smash the price first.

This could all just be the market waking up to how oversold btc is - 75,000,000 USD in Coinbase from investors including banks shows where this market is going over the next few years - imagine if that capital hit the exchanges.

[criptix]

Is it time?   Bought 26 at $210 and saw it go straight to $203.  

Now $213, maybe I should sell the news?

makin 3 bucks ^^


coinbase funding: this is good news

[noobtrader]

Burningtrain.gif, gentlemen?

pink unicorn would do...

[BrewCrewFan]

[/quote]

Is it time?   Woke up 7:30 AM Eastern Time, Bought 26 at $210 and saw it go straight to $203.  

Now $213, maybe I should sell the news?

Yeah but silk road blah blah blah...

[aztecminer]

The NYSE thing confirmed by coinbase via twitter:

https://twitter.com/coinbase/status/557541383410417664

good to hear. hope they invest in good security. i use them mostly like a gateway to get my usd turned into bitcoin. it usually never stays there long since i will send it to either an exchange, or to bitmain, or to my cold storage wallet. i have never turned any bitcoins into usd so i don't know how that works but i assume is same as buying it.

[aztecminer]

Is it time?   Woke up 7:30 AM Eastern Time, Bought 26 at $210 and saw it go straight to $203.  

Now $213, maybe I should sell the news?

buy high sell low! it has been oscillating between about 215 and 200 since the weekend.

[findftp]

It wouldn't be a great surprise if the whole move down from ~400 was an orchestrated buy up of bitcoins prior to the ETF going live, would it?

i thought they already has a lot of bitcoin for the etf ?

Not the winklevii. If/when the ETF goes live it will almost inevitably draw in lots of investment capital into the space. All the winklevii coins are only valued 20 million USD now. It is likely that prior to such an announcement there will be buying up on coins en masse by those in the know. A great way to do this is to smash the price first.

This could all just be the market waking up to how oversold btc is - 75,000,000 USD in Coinbase from investors including banks shows where this market is going over the next few years - imagine if that capital hit the exchanges.

Nice observation, I like it.
It could also mean they are investing in the system and backend because they do not really care which crypto currency is going to run on it in the end.

[ChartBuddy]

Bitfinex

Bitstamp

Explanation

[BrewCrewFan]

The NYSE thing confirmed by coinbase via twitter:

https://twitter.com/coinbase/status/557541383410417664

good to hear. hope they invest in good security. i use them mostly like a gateway to get my usd turned into bitcoin. it usually never stays there long since i will send it to either an exchange, or to bitmain, or to my cold storage wallet. i have never turned any bitcoins into usd so i don't know how that works but i assume is same as buying it.

Yeah I have not used that USD wallet they just put into place. IMO, you should never store money there ( or anywhere for that matter ) at least for the time being....cuz you never know.

[podyx]

Is it time?   Woke up 7:30 AM Eastern Time, Bought 26 at $210 and saw it go straight to $203.  

Now $213, maybe I should sell the news?  

What news?

[NotLambchop]

... If/when the ETF goes live it will almost inevitably draw in lots of investment capital into the space...

FTFY because zero article.