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

[gentlemand]

It seems inevitable that the bids are going to have to be much higher than a lot of the bidders had initially considered to be within their expectations.

This auction is going to actually be interesting for once in terms of price playing. Bidders will be all over the joint. They might be staring down the possibility of an imminent vast profit and the last chance to buy a large amount at this level or shitting themselves at the idea of throwing millions away in the short term. I think the marshals will be left a bit bewildered at the variety of bids.

[podyx]

Consolidation above $380 would be incredible

[inca]

Consolidation above $380 would be incredible

If the price lingers above 380 then we are off to the races.

As always with bitcoin my only regret is not buying more when i had the chance

[marcus_of_augustus]

Consolidation above $380 would be incredible

If the price lingers above 380 then we are off to the races.

As always with bitcoin my only regret is not buying more when i had the chance

consolidating on 380 means it is going to take a run at 400 in the near future ...

[BitofaN1]

Consolidation above $380 would be incredible

Consolidation? Ain't nobody got time fo' that.

[!! pop]

...
As always with bitcoin my only regret is not buying more when i had the chance

Also mine.

Bears back to caves. I bought on localbitcoins in the UK near the (hopefully) bottom.

[klee]

https://www.btcc.com/news/article/btcc-now-accepting-direct-bank-deposits

[_biO_]

where is the thread that shows the trend plotted against a logarithmic growth?

This one?

https://bitcointalk.org/index.php?topic=831547.msg9293342#msg9293342

[pleaseexplainagain]

There's no way we're gonna keep going, is it?

yes and then no
yes - we have been going up in the past few days at first 1-2% per day then 3-4% now 10%.
this is not being driven by any real news but by ourselves just punting it up so it may well gone on for a while at even higher % increases
so yes we may well go to $500, $700 or $1000.

but then at some point we will collectively loose our nerve and be down to $200 ish in a few months after the ath.

its what happened when we hopped on the willy bot train and it will happen here again.

and long before willy bot there was a period when we rocketed to $31 and crashed to $2.

rinse and repeat

[rebuilder]

It seems inevitable that the bids are going to have to be much higher than a lot of the bidders had initially considered to be within their expectations.

This auction is going to actually be interesting for once in terms of price playing. Bidders will be all over the joint. They might be staring down the possibility of an imminent vast profit and the last chance to buy a large amount at this level or shitting themselves at the idea of throwing millions away in the short term. I think the marshals will be left a bit bewildered at the variety of bids.

How much of a gap is there between the time bids need to be in and the winners receiving their coins? If the auction coincides with BTC in one of its bubble phases, it makes you wonder who'll be doing a better job of price discovery - the auction bidders or the retail markets...

[_biO_]

There's no way we're gonna keep going, is it?

this is not being driven by any real news

Uhmmm....

[_biO_]

Consolidation above $380 would be incredible

If the price lingers above 380 then we are off to the races.

As always with bitcoin my only regret is not buying more when i had the chance

consolidating on 380 means it is going to take a run at 400 in the near future ...

An hour or so?

[gentlemand]

How much of a gap is there between the time bids need to be in and the winners receiving their coins? If the auction coincides with BTC in one of its bubble phases, it makes you wonder who'll be doing a better job of price discovery - the auction bidders or the retail markets...

If I remember rightly with previous auctions the coins moved very rapidly post sale. What's more interesting is when bidding closes. I assume everyone's revising their ideas right now.

Just had a look. Bidding registration closed yesterday. Actual bidding takes place over a 6 hour period on November 5th. The winner is informed the day after.

http://www.usmarshals.gov/news/chron/2015/100515.htm

[marcus_of_augustus]

where is the thread that shows the trend plotted against a logarithmic growth?

https://bitcointalk.org/index.php?topic=366214.0 this one?

[Elwar]

It is actually kinda funny how non "to the moon" this thread is these past few days compared to last time. We all want it...not sure if this is real...but waiting to see.

I think at $500 we're back on track. At $800 we can start dreaming about new highs. At $2,000...pandemonium. $10k...spontaneous orgasm throughout the Bitcoin world.

[Asrael999]

Ridiculous mainstream news article of the day
http://www.ibtimes.co.uk/bitcoin-become-sixth-largest-global-reserve-currency-by-2030-1526925

[pinger]

How much of a gap is there between the time bids need to be in and the winners receiving their coins? If the auction coincides with BTC in one of its bubble phases, it makes you wonder who'll be doing a better job of price discovery - the auction bidders or the retail markets...

If I remember rightly with previous auctions the coins moved very rapidly post sale. What's more interesting is when bidding closes. I assume everyone's revising their ideas right now.

Just had a look. Bidding registration closed yesterday. Actual bidding takes place over a 6 hour period on November 5th. The winner is informed the day after.

http://www.usmarshals.gov/news/chron/2015/100515.htm

Will see in no time, hope is not going down for this or at december because of the XT discussion.

[gentlemand]

Ridiculous mainstream news article of the day
http://www.ibtimes.co.uk/bitcoin-become-sixth-largest-global-reserve-currency-by-2030-1526925

That was based entirely on interviews involving, wait for it, Bitcoin companies.

[600watt]

https://www.btcc.com/news/article/btcc-now-accepting-direct-bank-deposits

[marcus_of_augustus]

https://bitcointalk.org/index.php?topic=470453.0

this is one with updates to the current trend, factors above and below trend, etc