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

[aminorex]

looks like a risk off day today in the u.s.  
monkey strongly thinks s&p is likely to turn down starting today on the daily, but still thinks there is a chance of another up week - an inconsistency which is very unusual, for the monkey.
monkey wants me to fade the bearish sentiment on u.s. long bonds real soon, but not today.  (monkey says buying the june TLT 114 calls is a  steal at 0.07/shr, if you like lottery tickets.)
monkey shorts bitcoin for 5 days
monkey remains short usdjpy, which has made me personally happy lately
monkey adores silver
monkey plans to close his coffee shorts on friday
monkey thinks friday is also likely to be a good day to sell netflix

[mmitech]

looks like a risk off day today in the u.s.  
monkey strongly thinks s&p is likely to turn down starting today on the daily, but still thinks there is a chance of another up week - an inconsistency which is very unusual, for the monkey.
monkey wants me to fade the bearish sentiment on u.s. long bonds real soon, but not today.  (monkey says buying the june TLT 114 calls is a  steal at 0.07/shr, if you like lottery tickets.)
monkey shorts bitcoin for 5 days
monkey remains short usdjpy, which has made me personally happy lately
monkey adores silver
monkey plans to close his coffee shorts on friday
monkey thinks friday is also likely to be a good day to sell netflix

you and your monkey....

[sickpig]

do we all agree that we are going down? too many sell orders at $650 - $660 - $680, we are heading to $630 - $600 -$5xx

yes we do..... I'd say we're falllling

I really didn't  mean it

[ChartBuddy]

Explanation

[Dragonkiller]

expedia accepting btc

[falllling]

as i said, 4.5k bitcoins dump is coming very soon and will bring us to $59x fast

[Asrael999]

http://www.washingtonpost.com/blogs/the-switch/wp/2014/06/11/expedia-wants-you-to-book-your-next-hotel-stay-with-bitcoin/

[600watt]

http://www.washingtonpost.com/blogs/the-switch/wp/2014/06/11/expedia-wants-you-to-book-your-next-hotel-stay-with-bitcoin/

wow, nice. i´ll be using it for sure !

[aminorex]

looks like a risk off day today in the u.s.  
monkey strongly thinks s&p is likely to turn down starting today on the daily, but still thinks there is a chance of another up week - an inconsistency which is very unusual, for the monkey.
monkey wants me to fade the bearish sentiment on u.s. long bonds real soon, but not today.  (monkey says buying the june TLT 114 calls is a  steal at 0.07/shr, if you like lottery tickets.)
monkey shorts bitcoin for 5 days
monkey remains short usdjpy, which has made me personally happy lately
monkey adores silver
monkey plans to close his coffee shorts on friday
monkey thinks friday is also likely to be a good day to sell netflix

you and your monkey....

we've got nothing to hide

[akujin]

Maybe a chinese exchange is on a deathrow 

[artenais]

as i said, 4.5k bitcoins dump is coming very soon and will bring us to $59x fast

Deduction or source? I think stong support will be in the 580s, but it's just my idea.

[oda.krell]

Mmh, there it is again... that feeling of controlled apprehension.

Enjoyable, even.



As long as we don't go below ~580.

[molecular]

it is extremely extremely BORING oh my god, when will the price move , common man

there's not excitement without boredom. yin & yang, tao and shit, remember?

So true. That's why we should be super bored before we can become super excited!!

Lets just buy some to move upward. but we are not whales so we cant move upwards. so just be bored.

If you don't have much to long/short, you can borrow. I don't recommend that.

[molecular]

lol, this site shows btc lost 10% today

http://www.finanzen.net/devisen/bitcoin-dollar-kurs

oh... and in € its more than 20 %

http://www.finanzen.net/devisen/bitcoin-euro-kurs



 

Vollidioten!

Someone should tell them.

[molecular]

Arbitrage bots keep a balance on multiple exchanges and rebalance once in a while. It's not a matter of withdrawal fees. It's a matter of too few people operating them with too little capital apparently.

It's a matter of trading-fees, though. 2 * 0.5% fee is about $6.50 at these prices.

I wouldn't shoot all my arbitrage powder on 0.4% profit when there's considerable hope of the gap widening more.

[oda.krell]

Also, Expedia Inc., huh?

That is kinda big news (sorry for the snark in the other thread, Mat).

$4B revenue vs. Overstock's ~$1.3B


I like.

[molecular]

Arbitrage bots keep a balance on multiple exchanges and rebalance once in a while. It's not a matter of withdrawal fees. It's a matter of too few people operating them with too little capital apparently.

Oh... here's a suggestion for banks pissed of by NIRP (negative interest rate policy) of the ECB ;-): Arb XBT-markets.

[aminorex]

Arbitrage bots keep a balance on multiple exchanges and rebalance once in a while. It's not a matter of withdrawal fees. It's a matter of too few people operating them with too little capital apparently.

It's a matter of trading-fees, though. 2 * 0.5% fee is about $6.50 at these prices.

I wouldn't shoot all my arbitrage powder on 0.4% profit when there's considerable hope of the gap widening more.

Thems some might big fees y'all got there.  0.1% for makers on bfx, btw.

[boumalo]

Mmh, there it is again... that feeling of controlled apprehension.

Enjoyable, even.



As long as we don't go below ~580.

It is going down again, any idea why?

Can't wait to go up up up

[oda.krell]

Mmh, there it is again... that feeling of controlled apprehension.

Enjoyable, even.



As long as we don't go below ~580.

It is going down again, any idea why?

Can't wait to go up up up

Momentum. Market cycles. Lingering doubt resulting from previous bear market.

Pick your preferred explanification, really doesn't matter...