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

[cbutters]

Explanation

Is this guy a bot?

He made 1000's of posts, all exactly 1 hour apart, 24/7. If he isn't a bot, he never sleeps...
(have you clicked the "explanation" link?)

Lol, Also maybe read the title of the post that says "AUTOMATED POSTING"

[ChartBuddy]

Explanation

[cspeter8]

With a new downtrend apparently established, is it perhaps time to update the poll question, from

Question: markets will overcome the resistance at 700 soon?

to something more like 

Question: markets will establish a new base below the 600 level soon?

Bit early to call an "establishment of downtrend", no?

Just looking at the price action over the last 7 days, I see an upward support until March 13, and since then a reversal into a downtrend.  But now as I look at it more, it does seem to be plateauing for the last 12 hours with light volume. 

Seems to me though more likely to continue to break further down than further up in the short term.

[BitChick]

1844XBT bought yesterday

1696XBT bought yesterday

This is getting interesting.   Thanks for the work, j12012

barry is buying !


https://bitcointalk.org/index.php?topic=337486.msg3620842#msg3620842

If Second Market keeps buying close to 2000 BTC a day it should start bumping the price up.    I know that they buy much of their coins off the exchanges but the miners would have to run out at some point wouldn't they?

[MANofthePEOPLE]

Less than 10 BTC traded at bitstamp last 40 minutes.. Pretty damn slow

[podyx]

Less than 10 BTC traded at bitstamp last 40 minutes.. Pretty damn slow

interesting

maybe this is the true calm before the storm

[Ultros]

[Dalmar]

600s seems like the new lower 800s boredom of January.

[ChartBuddy]

Explanation

[mah87]

Less than 10 BTC traded at bitstamp last 40 minutes.. Pretty damn slow

interesting

maybe this is the true calm before the storm

... BEFORE IT CRASH!!!!!

[JorgeStolfi]

If Second Market keeps buying close to 2000 BTC a day it should start bumping the price up. 

Does SecondMarket allow withdrawals yet?  If so, does it apply to all investors, or does it depend on the date of investment?

[podyx]

now according to my sources, we'll be at $700-760 in 2-3 days

[adamstgBit]

If Second Market keeps buying close to 2000 BTC a day it should start bumping the price up.  

Does SecondMarket allow withdrawals yet?  If so, does it apply to all investors, or does it depend on the date of investment?

secondmarket is an ETF not a normal exchange

i think ( idk, i'm assuming. ) they will always keep all the bitcoins in their fund and allow poeple to buy and sell the BTC from that fund, but no one will be able to "take delivery" of the bitcoins in the fund.

the idea is for poeple to gain exposure to bitcoin price movements while not having handle bitcoins themselves.

[JorgeStolfi]

secondmarket is an ETF not an exchange

I know that.  But in their site they say "Liquidity to commence no later than March 2014".  I understand that it is when investors will be allowed to take their money out of the fund, correct?

[HerrAndreas]

now according to my sources, we'll be at $700-760 in 2-3 days

naturally you wouldn´t like to disclose your sources. or would you?

[tailor]

I fixed it, should be accurate now. 

A+ and a star for you, lad!

[adamstgBit]

secondmarket is an ETF not an exchange

I know that.  But in their site they say "Liquidity to commence no later than March 2014".  I understand that it is when investors will be allowed to take their money out of the fund, correct?

i think it means that they will have a market where poeple can post bids and asks not for bitcoins themselves, but for a piece of this B.I.T. Fund.

[tailor]

I can sense CCMF coming on Crimea situation, sunday night. If tensions keeps increasing, we might go to the moon sooner than most expect..

I think the last thing on peoples minds in Crimea is buying bitcoins.

I think the last thing on peoples minds in Crimea is buying bitcoins. (FTFY)

Outside the small group of people that look at these forums, the statement holds true.

[tailor]

now according to my sources, we'll be at $700-760 in 2-3 days

Finally an appropriate post. We'd gotten sidetracked with the ideology banter and forgotten the true purpose of the forum: unfounded and baseless predictions, and pretty pictures with scribbles on them.

Oh, and dinosaurs.

Bravo on bringing us back on track.

[ChartBuddy]

Explanation