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

[Kazu]

Walsoraj your Ignore button... its glowing!  

haha

[Walsoraj]

Walsoraj your Ignore button... its glowing!  

haha

yea whatever guys. It won't be long before you realize i am right and start calling me a Profit. 

[TheoryOfBitcoin]

I'm calling a peak at $139 USD and then a correction back down to $110.

[ChartBuddy]

[derpinheimer]

I'm calling a peak at $139 USD and then a correction back down to $110.

Does not compute.

[bootytoots]

Naive question here.

Over the last few days, I've noticed on bitcoinicity that the number of bids/asks on Mt.Gox has become really small, as some other folks on this thread have pointed out.

I don't really know what that means, though. I mean, I guess it means that that's the total number of bitcoins currently for sale/to be purchased. But I've never seen such a small number of available/wanted bitcoins.

Does it mean that we are likely to run out of bitcoins to buy/sell on  Mt. Gox?

And right now there are no bids below $138. Does that mean that unless more bids appear, the price can't drop below $138?

Thanks.

[FNG]

Whales should strike in the morning (in a few hours) if they want to keep the rising momentum.

If the whales have any intention to buy and hold, they would let this fear build up. That leads to more asks and a lower price. But not too long, as then we would correct down quite a lot.

They're fighting over very few coins. They can either wait and hope for a pullback or eat up the 10's of thousands available..now.




in case you missed it..

I have been in NYC the past two weeks working on several very significant Bitcoin related projects.

Any chance you can elaborate? Also - Will you be posting to your blog anytime soon?

Wish I could.

Just wait for the news, serious journalists like the WSJ have already been getting briefed but cannot write about it yet, which should come out around the last week of September. Additionally, this fall there will be probably 6+ 'big names', like Richard Bove or Chamath Palihapitiya [starting at 19:15], in the investment community that will come out in favor of Bitcoin and that will cause a lemming like effect.

And the private wealth managers out of Asia are stacking Bitcoins away as the new favorite asset class. Many of the HNWI family offices will not make an investment in the sub-$25-50m range. So, when Bitcoin melts up then it is going to be free range for a lot of these ultra-rich Asia families to move in.

If about $1m of new capital moves the price $9 then just imagine what $500m-$1B of new capital flowing into this asset class would do to the price. Especially if that $500m requires 'clean bitcoins' from a known source of funds. The making of a 'melt-up' in price to a much more fundamentally sound valuation since Bitcoins are largely undervalued given their characterstics (no counter-party risk, cannot be seized and equity based like gold).

This is going to be a wild ride this fall. So strap yourselves in and let's kick the tires and light the fires!

[solex]

Does it mean that we are likely to run out of bitcoins to buy/sell on  Mt. Gox?
And right now there are no bids below $138. Does that mean that unless more bids appear, the price can't drop below $138?
Thanks.

I'm happy to award you with the Platinum Prize for the Naivest Question of the Year  



There are bids for all possible 21 million coins on Gox, all the way down to $1, however, Gox is dying because the USG has crippled their banking services. They may survive, but the echoing silence from them is not good.

[ChartBuddy]

[Phinnaeus Gage]

Whales should strike in the morning (in a few hours) if they want to keep the rising momentum.

If the whales have any intention to buy and hold, they would let this fear build up. That leads to more asks and a lower price. But not too long, as then we would correct down quite a lot.

They're fighting over very few coins. They can either wait and hope for a pullback or eat up the 10's of thousands available..now.




in case you missed it..

I have been in NYC the past two weeks working on several very significant Bitcoin related projects.

Any chance you can elaborate? Also - Will you be posting to your blog anytime soon?

Wish I could.

Just wait for the news, serious journalists like the WSJ have already been getting briefed but cannot write about it yet, which should come out around the last week of September. Additionally, this fall there will be probably 6+ 'big names', like Richard Bove or Chamath Palihapitiya [starting at 19:15], in the investment community that will come out in favor of Bitcoin and that will cause a lemming like effect.

And the private wealth managers out of Asia are stacking Bitcoins away as the new favorite asset class. Many of the HNWI family offices will not make an investment in the sub-$25-50m range. So, when Bitcoin melts up then it is going to be free range for a lot of these ultra-rich Asia families to move in.

If about $1m of new capital moves the price $9 then just imagine what $500m-$1B of new capital flowing into this asset class would do to the price. Especially if that $500m requires 'clean bitcoins' from a known source of funds. The making of a 'melt-up' in price to a much more fundamentally sound valuation since Bitcoins are largely undervalued given their characterstics (no counter-party risk, cannot be seized and equity based like gold).

This is going to be a wild ride this fall. So strap yourselves in and let's kick the tires and light the fires!

It's times like this that I wish I wasn't sworn to secrecy. There's a few others here that know exactly what's in the pipeline.

<insert image of bull here>

[batcoin]

Whales should strike in the morning (in a few hours) if they want to keep the rising momentum.

If the whales have any intention to buy and hold, they would let this fear build up. That leads to more asks and a lower price. But not too long, as then we would correct down quite a lot.

They're fighting over very few coins. They can either wait and hope for a pullback or eat up the 10's of thousands available..now.




in case you missed it..

I have been in NYC the past two weeks working on several very significant Bitcoin related projects.

Any chance you can elaborate? Also - Will you be posting to your blog anytime soon?

Wish I could.

Just wait for the news, serious journalists like the WSJ have already been getting briefed but cannot write about it yet, which should come out around the last week of September. Additionally, this fall there will be probably 6+ 'big names', like Richard Bove or Chamath Palihapitiya [starting at 19:15], in the investment community that will come out in favor of Bitcoin and that will cause a lemming like effect.

And the private wealth managers out of Asia are stacking Bitcoins away as the new favorite asset class. Many of the HNWI family offices will not make an investment in the sub-$25-50m range. So, when Bitcoin melts up then it is going to be free range for a lot of these ultra-rich Asia families to move in.

If about $1m of new capital moves the price $9 then just imagine what $500m-$1B of new capital flowing into this asset class would do to the price. Especially if that $500m requires 'clean bitcoins' from a known source of funds. The making of a 'melt-up' in price to a much more fundamentally sound valuation since Bitcoins are largely undervalued given their characterstics (no counter-party risk, cannot be seized and equity based like gold).

This is going to be a wild ride this fall. So strap yourselves in and let's kick the tires and light the fires!

It's times like this that I wish I wasn't sworn to secrecy. There's a few others here that know exactly what's in the pipeline.

<insert image of bull here>

You are also involved with this project, Phin?

[Phinnaeus Gage]

Whales should strike in the morning (in a few hours) if they want to keep the rising momentum.

If the whales have any intention to buy and hold, they would let this fear build up. That leads to more asks and a lower price. But not too long, as then we would correct down quite a lot.

They're fighting over very few coins. They can either wait and hope for a pullback or eat up the 10's of thousands available..now.




in case you missed it..

I have been in NYC the past two weeks working on several very significant Bitcoin related projects.

Any chance you can elaborate? Also - Will you be posting to your blog anytime soon?

Wish I could.

Just wait for the news, serious journalists like the WSJ have already been getting briefed but cannot write about it yet, which should come out around the last week of September. Additionally, this fall there will be probably 6+ 'big names', like Richard Bove or Chamath Palihapitiya [starting at 19:15], in the investment community that will come out in favor of Bitcoin and that will cause a lemming like effect.

And the private wealth managers out of Asia are stacking Bitcoins away as the new favorite asset class. Many of the HNWI family offices will not make an investment in the sub-$25-50m range. So, when Bitcoin melts up then it is going to be free range for a lot of these ultra-rich Asia families to move in.

If about $1m of new capital moves the price $9 then just imagine what $500m-$1B of new capital flowing into this asset class would do to the price. Especially if that $500m requires 'clean bitcoins' from a known source of funds. The making of a 'melt-up' in price to a much more fundamentally sound valuation since Bitcoins are largely undervalued given their characterstics (no counter-party risk, cannot be seized and equity based like gold).

This is going to be a wild ride this fall. So strap yourselves in and let's kick the tires and light the fires!

It's times like this that I wish I wasn't sworn to secrecy. There's a few others here that know exactly what's in the pipeline.

<insert image of bull here>

You are also involved with this project, Phin?

A storm blew down one of my apple trees by the railroad tracks today.

[Ares]

Whales should strike in the morning (in a few hours) if they want to keep the rising momentum.

If the whales have any intention to buy and hold, they would let this fear build up. That leads to more asks and a lower price. But not too long, as then we would correct down quite a lot.

They're fighting over very few coins. They can either wait and hope for a pullback or eat up the 10's of thousands available..now.




in case you missed it..

I have been in NYC the past two weeks working on several very significant Bitcoin related projects.

Any chance you can elaborate? Also - Will you be posting to your blog anytime soon?

Wish I could.

Just wait for the news, serious journalists like the WSJ have already been getting briefed but cannot write about it yet, which should come out around the last week of September. Additionally, this fall there will be probably 6+ 'big names', like Richard Bove or Chamath Palihapitiya [starting at 19:15], in the investment community that will come out in favor of Bitcoin and that will cause a lemming like effect.

And the private wealth managers out of Asia are stacking Bitcoins away as the new favorite asset class. Many of the HNWI family offices will not make an investment in the sub-$25-50m range. So, when Bitcoin melts up then it is going to be free range for a lot of these ultra-rich Asia families to move in.

If about $1m of new capital moves the price $9 then just imagine what $500m-$1B of new capital flowing into this asset class would do to the price. Especially if that $500m requires 'clean bitcoins' from a known source of funds. The making of a 'melt-up' in price to a much more fundamentally sound valuation since Bitcoins are largely undervalued given their characterstics (no counter-party risk, cannot be seized and equity based like gold).

This is going to be a wild ride this fall. So strap yourselves in and let's kick the tires and light the fires!

It's times like this that I wish I wasn't sworn to secrecy. There's a few others here that know exactly what's in the pipeline.

<insert image of bull here>

You are also involved with this project, Phin?

A storm blew down one of my apple trees by the railroad tracks today.

I'm good with this shit.

A storm blew down your apple tree.

Makes it easier to pick the apples.

The Polar Express is on a railroad track.

The Polar Express goes to the north pole.

North pole is on top of the world.

Bitcoins will be easier to get and on top of the world.

[FNG]

I'm good with this shit.

A storm blew down your apple tree.

Makes it easier to pick the apples.

The Polar Express is on a railroad track.

The Polar Express goes to the north pole.

North pole is on top of the world.

Bitcoins will be easier to get and on top of the world.

I think he said apple will be using bitcoin as their payment "rails"

It's a secret though so don't tell anybody

[dan99]

A bull run has occur

[ChartBuddy]

[ChartBuddy]

[manfred]

A bull run has occur

A Gox run does occur

[stereotype]

A bull run has occur

A Gox run does occur

Did this occur?

[manfred]

A bull run has occur

A Gox run does occur

Did this occur?

It's occurring.

In the last 50 days on average 20k of Bitcoins (USD) where traded per day on gox.
A year ago before the spike and all 34k of Bitcoins changed hands per day.
Slowly Mtgox gets trained of coins to trade, nobody wants to be last man standing.