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

[gentlemand]

We manage a treasury of bitcoins, dollars, euros, Canadian [dollars], and pounds. Constantly we're managing our portfolio to make sure we have enough of each currency, so we are always in the markets trading... It's interesting today in the markets, I would say a year ago, or maybe a year and a half ago, the markets did not have enough liquidity. We couldn't have sold a million dollars worth of Bitcoin in a day without dramatically moving the markets. But things have changed. There's a lot more participants now. We can move a million dollars a day and you wouldn't even notice that we're trading just because there's a lot more volume and more buyers and sellers in the market.

We also have a lot of hedge funds that want to accumulate Bitcoin positions, so when we have these huge spikes we also have some off-market opportunities to sell those. You'd be surprised at how many Wall Street firms are starting to accumulate Bitcoin positions that aren't talking about Bitcoin yet. There's a lot going on behind the scenes, as well as some private family wealth funds and things like that.

Pah. What do they know? I put my faith in the repetitive jpeg posters and embittered doomsters on here. Our future is unquestionably in their hands.

[GaliX]

I guess we are going to see a fight for 220 tonight when China wakes up and will rapidly break 200 once 220 is sold.

Quote me when it happened.

[Malin Keshar]

all the day the orderbook promising moon moves but nothing

it is disappointing

[NotLambchop]

...
Pah. What do they know? I put my faith in the repetitive jpeg posters and embittered doomsters on here. Our future is unquestionably in their hands.

Nah, it's in their hands



But I admit, things have been going pretty shittily for you.  Almost as if YOUR FUTURE IS IN MY HANDS.

[YourMother]

I guess we are going to see a fight for 220 tonight when China wakes up and will rapidly break 200 once 220 is sold.

Quote me when it happened.

Nah, it will not happen, because...

We also have a lot of hedge funds that want to accumulate Bitcoin positions, so when we have these huge spikes we also have some off-market opportunities to sell those. You'd be surprised at how many Wall Street firms are starting to accumulate Bitcoin positions that aren't talking about Bitcoin yet. There's a lot going on behind the scenes, as well as some private family wealth funds and things like that.

Wall Street is buying bitcoin. Everyone is buying. Mass adoption is happening as we speak. I see a lot of hysteria on the streets. Still nobody can explain why the price is tanking for the past year, though. Maybe "the market is just getting rid of the weak hands". hehe

[luckygenough56]

all the day the orderbook promising moon moves but nothing

it is disappointing

fake orderbook is fake

[ChartBuddy]

Coin
Explanation

[bassclef]

Trolls are out in force... Better cut your loose guys

[NotHatinJustTrollin]

Tony Gallippi is just desperately trying to hype.
I wanna remind y'all that Barry Silbert said the same thing all throughout 2014. "I know that Wall Street is coming into bitcoin in a big way".

Guess naht lel

[luckygenough56]

Coin
Explanation

man you should buy, (fake) buy orders are impressive !!!!

[bassclef]

Tony Gallippi is just desperately trying to hype.
I wanna remind y'all that Barry Silbert said the same exact thing all throughout 2014. "I know that Wall Street is coming into bitcoin in a big way".

Guess naht lel

Hence the prolonged bear market and recent shakeouts. That is how Wall Street buys.

[NotHatinJustTrollin]

Shorts up to over 15k on bfxdata.

Juicy bid side on finex.

Fireworks soon.

15k BTC is absolutely nothing. Especially now that their USD value is low because of the low price.
I would say shorts are pretty low.

[Ezmoneyezlife]

Tony Gallippi is just desperately trying to hype.
I wanna remind y'all that Barry Silbert said the same exact thing all throughout 2014. "I know that Wall Street is coming into bitcoin in a big way".

Guess naht lel

Hence the prolonged bear market and recent shakeouts. That is how Wall Street buys.

Yep. At first they would rape market till total despair phase and buy tons of coins at lowest 100$.

[NotHatinJustTrollin]

Tony Gallippi is just desperately trying to hype.
I wanna remind y'all that Barry Silbert said the same exact thing all throughout 2014. "I know that Wall Street is coming into bitcoin in a big way".

Guess naht lel

Hence the prolonged bear market and recent shakeouts. That is how Wall Street buys.

Sure, sure.


If it goes to double digits will you be telling yourself the same ad infinitum?


Damn, the price of this penny stock crashed, Wall Street must be dying to buy all of this shit! Get in while you can!

[Erdogan]

Tony Gallippi is just desperately trying to hype.
I wanna remind y'all that Barry Silbert said the same exact thing all throughout 2014. "I know that Wall Street is coming into bitcoin in a big way".

Guess naht lel

Hence the prolonged bear market and recent shakeouts. That is how Wall Street buys.

Maybe, but not many, not much. Off market or not, spread on all exchanges or not, we would have seen the price action, which we have not. Yet.

Edit: I don't much want them, I want prudent savers. It does not make much difference, but I would like to see them being the late comers, I want to see them largely coinless in the new era. Just schadenfreude, it doesn't make much difference for bitcoin what they do.

Edit2: I don't care much if they shake the price, short squeezes or what not. That only leads others to keep their asks high and their bids low with more patience, maturing the market.

[YourMother]

But, but, but Tony Gallipi and the Twinkledouchebags told me about Wall Street adoption and trillions of dollars market caps. I gotta scoop up the cheap coins...

[caga]

all the day the orderbook promising moon moves but nothing

it is disappointing

fake orderbook is fake

That depends on what site you are considering.

[CoinDox]

I have a question for you guys:

You own 5k bit-coins. What do you do? Serious question.

[ParabellumLite]

I have a question for you guys:

You own 5k bit-coins. What do you do? Serious question.

Sell all of it immediatly, and maybe buy back lower. I definately wouldn't keep them at that phase. Then again, I would've exited a long time ago already, around the 500 dollar mark.

[Kupsi]

I have a question for you guys:

You own 5k bit-coins. What do you do? Serious question.

Sell 1% every month and enjoy life.