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

[intristin]

Since Gemini is clearly leading this price increase, do you think the Twins are pumping this? I mean a million dollars is pocket change to them, maybe the are just buying it in small amounts each day and driving the price up. Considering how much they already hold in bitcoin it would basically be paying for itself in the long run.

[1715083030]

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[1715083030]

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[QuestionAuthority]

Since Gemini is clearly leading this price increase, do you think the Twins are pumping this? I mean a million dollars is pocket change to them, maybe the are just buying it in small amounts each day and driving the price up. Considering how much they already hold in bitcoin it would basically be paying for itself in the long run.

A steady increase might bring in new money but they have no guarantee it would go to them and not some other exchange.

[intristin]

Since Gemini is clearly leading this price increase, do you think the Twins are pumping this? I mean a million dollars is pocket change to them, maybe the are just buying it in small amounts each day and driving the price up. Considering how much they already hold in bitcoin it would basically be paying for itself in the long run.

A steady increase might bring in new money but they have no guarantee it would go to them and not some other exchange.

I'm talking about the value of the coins they already own. Every dollar they spend to drive up the price in general, would come back in profit to them many times over if they are only buying small amounts to drive up the price. I mean they allready own a shit ton of Bitcoin.

[mavericklm]

400$ in december?

[Andre#]

http://bitcoincharts.com/charts/bitstampUSD#rg360ztgSzm1g10zm2g25zv

Kind of sad when you look at it this way.

http://bitcoincharts.com/charts/bitstampUSD#rg360zigWeeklyztgSzm1g10zm2g25zvzcvzl

FTFY

[QuestionAuthority]

Since Gemini is clearly leading this price increase, do you think the Twins are pumping this? I mean a million dollars is pocket change to them, maybe the are just buying it in small amounts each day and driving the price up. Considering how much they already hold in bitcoin it would basically be paying for itself in the long run.

A steady increase might bring in new money but they have no guarantee it would go to them and not some other exchange.

I'm talking about the value of the coins they already own. Every dollar the spend to drive up the price in general, would come back in profit to them many times over if they are only buying small amounts to drive up the price. I mean they allready own a shit ton of Bitcoin.

You might be right. In the past, Bitcoin exchanges have been known to manipulate the price a little.

[ChartBuddy]

Coin
Explanation

[QuestionAuthority]

http://bitcoincharts.com/charts/bitstampUSD#rg360ztgSzm1g10zm2g25zv

Kind of sad when you look at it this way.

http://bitcoincharts.com/charts/bitstampUSD#rg360zigWeeklyztgSzm1g10zm2g25zvzcvzl

FTFY

Thanks, with the volume bars showing, what's happening now looks like what happened in April and in June. 

[Chef Ramsay]

This is a major buy at btc/ltc at this point, shit is gonna skyrocket. Huge opportunity at this point. That's right I said it! PM me for tipping details.

[dre1982]

400$ in december?

Might be if it's still going like this. Last weeks +$10 a week so you can calculate that. Their is only one way and that's up.

[ChartBuddy]

Coin
Explanation

[hdbuck]

institution much?

135BTC vol: https://bitcoinity.org/markets/list?currency=ALL&span=24h

lel





ps: meanwhile in altcoinland vitalik butterhurt herd be like..



well, butthurt.




hell i'm bullish this morning!

[Lauda]

institution much?

135BTC vol: https://bitcoinity.org/markets/list?currency=ALL&span=24h

Just give it time. Did you honestly expect a lot of volume at the start of operations?
I just noticed the price late right now. Is there a specific reason for the mini increase or is it just correcting itself? Very interesting times are ahead.

[hdbuck]

institution much?

135BTC vol: https://bitcoinity.org/markets/list?currency=ALL&span=24h

Just give it time. Did you honestly expect a lot of volume at the start of operations?
I just noticed the price late right now. Is there a specific reason for the mini increase or is it just correcting itself? Very interesting times are ahead.

well, they had plenty of time already to acquire 'institutional' clients, since it is not because the website launches that they did not prepared upstream for important users to use the platform, even before any public launch.. anyway.

agree that interesting times lies ahead.

i get this feeling the rest of the financial world, as it obsessively misdirect people into 'blockchain technology' propaganda, is on the edge here and things are accelerating somehow as the end of the year approaches. will their status quo stand a couple more year? hard to say.

CCMF!

[Fatman3001]

institution much?

135BTC vol: https://bitcoinity.org/markets/list?currency=ALL&span=24h

Just give it time. Did you honestly expect a lot of volume at the start of operations?
I just noticed the price late right now. Is there a specific reason for the mini increase or is it just correcting itself? Very interesting times are ahead.

The price has been rising slowly for a month now. There's just not enough selling pressure at the moment.

[Elwar]

Since Gemini is clearly leading this price increase, do you think the Twins are pumping this? I mean a million dollars is pocket change to them, maybe the are just buying it in small amounts each day and driving the price up. Considering how much they already hold in bitcoin it would basically be paying for itself in the long run.

The run up from $10 to $266 contained a lot of jumps due to a few rich people buying large amounts of bitcoins. Friends of the twins might have some confidence in going through their exchange.

[Cconvert2G36]

ps: meanwhile in altcoinland vitalik butterhurt herd be like..



well, butthurt.

Looks like the cutting edge ETH investors are bleeding wealth even faster than the poor XMR sufferers early adopters.

[hdbuck]

ps: meanwhile in altcoinland vitalik butterhurt herd be like..



well, butthurt.

Looks like the cutting edge ETH investors are bleeding wealth even faster than the poor XMR sufferers early adopters.

[ChartBuddy]

Coin
Explanation

[Lauda]

well, they had plenty of time already to acquire 'institutional' clients, since it is not because the website launches that they did not prepared upstream for important users to use the platform, even before any public launch.. anyway.

agree that interesting times lies ahead.

i get this feeling the rest of the financial world, as it obsessively misdirect people into 'blockchain technology' propaganda, is on the edge here and things are accelerating somehow as the end of the year approaches. will their status quo stand a couple more year? hard to say.

I was actually talking about the exchange itself. It takes time to accumulate volume and for the service to mature. I'm just hoping that there are no errors or bugs that would harm them so early. Besides, you have to remember the amount of time it takes to verify an account and transfer money to the exchange.
It would be nice if the price went up even higher.