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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26381748 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.)
anujjain
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June 30, 2014, 12:56:21 PM

I can totally see the idiots crash it right back to 600.
FIAT just arrived at stamp, will see the effect.

Yup. We're going down. And there is mr wall again.

Just wait till evening then we will see where market will gone. I think it will go above 700 after bid open.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Krabby
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June 30, 2014, 12:57:12 PM

I can totally see the idiots crash it right back to 600.
FIAT just arrived at stamp, will see the effect.

Yup. We're going down. And there is mr wall again.

Just wait till evening then we will see where market will gone. I think it will go above 700 after bid open.

What time does the whitepaper on that come out?
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June 30, 2014, 12:58:42 PM

Massive panic. The sheep are going nuts. The end of Bitcoin.
fonzie
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June 30, 2014, 01:00:30 PM

Shroomskit has finally taken over the Wall observer thread!
Fudders, sheeps and idiots better be prepared.
ChrisML
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June 30, 2014, 01:00:35 PM

Massive panic. The sheep are going nuts. The end of Bitcoin.

Mjes mjes indeed. To $-1000,- by tommorow.  Cheesy

Serious note: All could see this one coming. Fuck me sideways what a bunch of idiots.

I guess we will touch $600,-. I was hoping for that, buy back in at that stage Smiley
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June 30, 2014, 01:00:39 PM


Explanation
blatchcorn
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June 30, 2014, 01:00:58 PM

Idiots selling
ShroomsKit
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June 30, 2014, 01:01:55 PM

Everyone waits for ages for the price to go up. And when it goes up they totally completely fucking panic and crash the price back where it was before.
Bitcoin traders....
hd060053
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June 30, 2014, 01:02:02 PM

only 1k to 560 on finex.
Dotto
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June 30, 2014, 01:02:19 PM

Who the hell is dumping this time?Huh
fonzie
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June 30, 2014, 01:02:37 PM

Massive panic. The sheep are going nuts. The end of Bitcoin.

Mjes mjes indeed. To $-1000,- by tommorow.  Cheesy

Serious note: All could see this one coming. Fuck me sideways what a bunch of idiots.

I guess we will touch $600,-. I was hoping for that, buy back in at that stage Smiley

So i guess you are among those bunch of idiots that sold?
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June 30, 2014, 01:03:57 PM

Who the hell is dumping this time?Huh

The usual Bitcoin traders. Who else. This is normal for them.
deadley
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June 30, 2014, 01:06:25 PM

Massive panic. The sheep are going nuts. The end of Bitcoin.

If you cant take 15-20 points downside then you are in wrong place.
ShroomsKit
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June 30, 2014, 01:07:39 PM

Massive panic. The sheep are going nuts. The end of Bitcoin.

Looks more co-ordinated imho, somewhere around 10k across the major exchanges in the space of a 10 minutes doesn't sound like miners covering costs.

Sure, that is the other option. Good ol manipulation to keep the price down. I don't think that surprises anyone either.
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June 30, 2014, 01:07:41 PM

http://www.chicagotribune.com/news/sns-rt-us-bitcoin-auction-20140627,0,1104979.story

Chris DeMuth, a partner at Rangeley Capital who had been considering bidding, said last week the chance the Marshals Service gets the market price for the bitcoins is low.

"Anyone could pay market prices on existing exchanges," he said. "So the key question is how much of a discount do bidders want."


ChrisML
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June 30, 2014, 01:08:13 PM

Who the hell is dumping this time?Huh

Sheebs.

This might be planned, how else can it drop while there is good news around the corner. Oh well, sit it out... HODL, wait and buy back in when the bottom has hit.

koryu
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June 30, 2014, 01:08:21 PM

guess its mostly manipulation what we see right now?!

fonzie
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June 30, 2014, 01:12:42 PM


MANIPULATION

SHEEPS

IDIOTS

all over the place


IT´S HAPPENING AGAIN


God help us all
anujjain
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June 30, 2014, 01:13:11 PM

http://www.chicagotribune.com/news/sns-rt-us-bitcoin-auction-20140627,0,1104979.story

Chris DeMuth, a partner at Rangeley Capital who had been considering bidding, said last week the chance the Marshals Service gets the market price for the bitcoins is low.

"Anyone could pay market prices on existing exchanges," he said. "So the key question is how much of a discount do bidders want."




That was my point last week, why anyone want to pay big premium for those coins, most probably it will sell on little discount.
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June 30, 2014, 01:13:55 PM

http://www.chicagotribune.com/news/sns-rt-us-bitcoin-auction-20140627,0,1104979.story

Chris DeMuth, a partner at Rangeley Capital who had been considering bidding, said last week the chance the Marshals Service gets the market price for the bitcoins is low.

"Anyone could pay market prices on existing exchanges," he said. "So the key question is how much of a discount do bidders want."


Clever:
- Buy low, once you know (give or take 5%) the medium price (insider trading, friends, not too many people involved so you know a lot of bids from other players...) spend a few thousand dollars driving the price up.
- Once is up enough and the bids from small fishes build up you sell the bitcoins you already have (no need to wait for feds coins) knowing that they will be replaced by fresh and cheaper goverment coins.
- With the huge amount of money made from the small fishes buy again at next bottom once the real figures are out.

Guys that bought at 630+: get ready to be screwed (disclosure: I'm a huge bull for Bitcoin, but this week will be rough)

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