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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (9.1%)
8/4 - 16 (13.2%)
8/11 - 7 (5.8%)
8/18 - 6 (5%)
8/25 - 8 (6.6%)
After August - 72 (59.5%)
Total Voters: 121

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26483764 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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June 25, 2014, 10:01:07 PM


Explanation
ShroomsKit
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June 25, 2014, 10:04:06 PM

seriously puzzled by the selling pressure, oh well more for me.

Someone wants to short on Finex I think...

more like, someone wants to cover their short at the best possible price, before it is too late.

monkey says the next 3 hours look grim.

I'm gonna have to put you on ignore. That monkey nonsense is annoying as hell.
Davyd05
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June 25, 2014, 10:05:05 PM

seriously puzzled by the selling pressure, oh well more for me.

I know it's hard to believe some people want to let their bitcoins go, but it happens. I mean the 51% business, and the auction are enough for some selling. It feels similar to the front run on China fud, which was for the most part just a game of whack a mole with deposit method and chains.

Just do your part and drink a 24 of beer.
EuroTrash
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June 25, 2014, 10:12:10 PM

Hmmm

Krabby
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June 25, 2014, 10:14:44 PM

Hmmm



Hohohoho!
JimboToronto
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June 25, 2014, 10:17:07 PM

Man, this non stop dumping...

Hilarious isn't it? Kinda pathetic though.

No big deal. I wasn't planning on spending any satoshis tonight. They don't take bitcoin for beer at the Skydome and I won't be stopping at Grossman's Tavern where they do accept Bitcoin.

Maybe I'll stop in at Bitcoin Decentral on the way down and buy some while the price is artificially low.

Every day's a good day to buy more bitcoins.

ShroomsKit
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June 25, 2014, 10:19:57 PM

Man, this non stop dumping...

Hilarious isn't it? Kinda pathetic though.

No big deal. I wasn't planning on spending any satoshis tonight. They don't take bitcoin for beer at the Skydome and I won't be stopping at Grossman's Tavern where they do accept Bitcoin.

Maybe I'll stop in at Bitcoin Decentral on the way down and buy some while the price is artificially low.

Every day's a good day to buy more bitcoins.



Yeah after one year i've started buying some here and there again.
TERA
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June 25, 2014, 10:26:10 PM

Man, this non stop dumping...
The dumping is not really that bad actually. It is the lack of buying which is causing the decrease. Stamp and finex each have about 10k volume and btce has 5k...
mmitech
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June 25, 2014, 10:29:32 PM

some known early adopters are dumping, and many  other adopters/investors/developers are slowly losing faith (one of them speaking), Bitcoin needs another bubble ASAP, bubbles are the only thing keeps Bitcoin ongoing.
akujin
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June 25, 2014, 10:30:02 PM

Here goes finex again, trying to pull the price up  Grin
Erdogan
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June 25, 2014, 10:33:37 PM


Well the price on localbitcoins is always a bit higher because sales take a while there usually and the sellers do not want to risk a sudden price increase leaving them unable to rebuy.

But, a blind auction means that people can not see the other bets, and people who want to really buy a lot of bitcoins without risking to lose their money on an exchange (especially after the mt gox fiasco) may actually bid more than what bitcoins are worth on bitstamp, just to be sure to get the bitcoins.

I am 95% sure we will see a price above the current bitstamp price. And i expect it to be at least 5% higher.

But not much more than 20% or so, most likely.

That still leaves a range of about 612 to 700 or so

I agree. Opinion is divided on this. Some will think it is a fast, safe way to get a large amount of bitcoins. If they do, the lower bids will not be relevant.

 
BBmodBB
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June 25, 2014, 10:35:22 PM

seriously puzzled by the selling pressure, oh well more for me.


it has something to do with the auction ...obviously!  Cool
smiley123
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June 25, 2014, 10:38:16 PM

Some news from Second Market, in case anyone missed it:

http://www.bloomberg.com/video/u-s-to-auction-17-4m-worth-of-seized-bitcoin-5ib0r6DrRNGXRQ4RCsty0A.html
iram3130
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ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀


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June 25, 2014, 10:40:35 PM

seriously puzzled by the selling pressure, oh well more for me.


it has something to do with the auction ...obviously!  Cool

Market will not move further till this auction finish, this auction really pushing market downside so whale will buy Silkroad coin more cheaper.
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June 25, 2014, 10:46:30 PM

seriously puzzled by the selling pressure, oh well more for me.


it has something to do with the auction ...obviously!  Cool

Market will not move further till this auction finish, this auction really pushing market downside so whale will buy Silkroad coin more cheaper.
I read they are going to be sold at least on or above the market price. Nobody's getting anything cheaper.
Also anybody buying these aren't just going to dump it next day, they are smarter than that.
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June 25, 2014, 10:47:44 PM

some known early adopters are dumping, and many  other adopters/investors/developers are slowly losing faith (one of them speaking), Bitcoin needs another bubble ASAP, bubbles are the only thing keeps Bitcoin ongoing.

Bitcoin days destroyed says differently.

So please shut up.

Hows litecoin doing, btw?
gentlemand
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June 25, 2014, 10:49:45 PM

some known early adopters are dumping, and many  other adopters/investors/developers are slowly losing faith (one of them speaking), Bitcoin needs another bubble ASAP, bubbles are the only thing keeps Bitcoin ongoing.

You betcha. Peter Todd dumped at LEAST five figures. Dollars, that is.
Wary
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Who's there?


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June 25, 2014, 10:50:33 PM

How real is volume that is generated by 0% fees? We have to account for that.
Personally, I've only observed Bitstamp leading and Huobi following it reluctantly. I don't know why some perceive the opposite.
Well, despite of 0% fees, the trading is not completely free for traders: there is still some slippage.
lay785
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June 25, 2014, 10:51:26 PM

just waiting for bitfinex stop loss trades to activate for a full on crash.
MoreFun
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June 25, 2014, 10:51:40 PM

some known early adopters are dumping, and many  other adopters/investors/developers are slowly losing faith (one of them speaking), Bitcoin needs another bubble ASAP, bubbles are the only thing keeps Bitcoin ongoing.

You are losing faith because you won't be able to 10x your money in a few months?
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