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siggy
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June 30, 2014, 07:53:24 PM |
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OK.. so some very ugly guestimation calculations...
the USMS says they got 60+ bids ... at 3,000 BTC per block that is a demand for 60* 3k = 180,000 coins....
Lets assume that 75% of those bids were bottom feeders, only interested in turning a quick buck by flipping the coins if they were to go below market... 180k/4 = 45,000 coins with *real* demand behind them....
as there were only 30k coins in the auction, 45k - 30k = 15k deficit.
So, after the auction, we have a pent up demand for approximately 15,000 coins by people we know have the money already allocated for BTC purchases
Could be a very good next couple of days....
Sigg
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Parazyd
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June 30, 2014, 07:53:41 PM |
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Whoever bought in the bear trap must be laughing now. Tera and the rest of the dumb bears must be crying  *looks for it's happening gif* Bears lose  |
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derpinheimer
Legendary
 Offline
Activity: 896
Merit: 1000
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June 30, 2014, 07:53:45 PM |
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Wow, Stamp is leading massively. Huobi is only $636.
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blatchcorn
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June 30, 2014, 07:54:29 PM |
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Whoever bought in the bear trap must be laughing now. Tera and the rest of the dumb bears must be crying *looks for it's happening gif* Bears lose  |
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Parazyd
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June 30, 2014, 07:54:51 PM |
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Wow, Stamp is leading massively. Huobi is only $636.
Yeah... Even Bitfinex isn't gox-ish anymore. Coolio. |
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Torque
Legendary
Offline
Activity: 3724
Merit: 5313
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June 30, 2014, 07:56:33 PM |
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Wow, Stamp is leading massively. Huobi is only $636.
Yeah... Even Bitfinex isn't gox-ish anymore. Coolio. Wouldn't it make sense though, if the auction losers are buying their coins directly on/from Stamp? |
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bitebits
Legendary
Offline
Activity: 2256
Merit: 3617
Flippin' burgers since 1163.
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June 30, 2014, 07:56:55 PM |
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I would love MatTheCat to do some TA now.
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abercrombie
Legendary
Offline
Activity: 1159
Merit: 1001
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June 30, 2014, 07:57:31 PM |
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Alan Silbert @alansilbert VP at GE Capital. Founder of BitPremier, the Bitcoin luxury marketplace. Bitcoin guru and evangelist. "So basically at least USD$20MM of bitcoin buying demand went unsatisfied in the auction and will look elsewhere to buy bitcoins i.e. market" https://twitter.com/alansilbert/status/483695027651346432 |
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magicmexican
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June 30, 2014, 07:57:55 PM |
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Whats up with pumps? Auction over?
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Timmmaahh
Member
Offline
Activity: 98
Merit: 10
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June 30, 2014, 07:58:11 PM |
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CCMF =D
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p0peji
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June 30, 2014, 07:58:30 PM |
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Is it weird if I just took profit on some of my positions?
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dropt
Legendary
Offline
Activity: 1512
Merit: 1000
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June 30, 2014, 07:58:33 PM |
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I would love MatTheCat to do some TA now.
LOL, he probably had a retarded short open and got margin called on his 2.5BTC. Still waiting for $200s which he assured me were going to happen, and that when it did he'd be sure to laugh in my face. |
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Parazyd
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June 30, 2014, 07:58:51 PM |
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Wow, Stamp is leading massively. Huobi is only $636.
Yeah... Even Bitfinex isn't gox-ish anymore. Coolio. Wouldn't it make sense though, if the auction losers are buying their coins directly on/from Stamp? Nah... That's not bound to happen. Buying that big always goes without middlemen. |
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BBmodBB
Full Member
Offline
Activity: 154
Merit: 100
BTC = FREEDOM IS OUR ONLY HOPE!
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June 30, 2014, 07:59:09 PM |
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PUMP $BITCOIN
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macsga
Legendary
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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June 30, 2014, 07:59:16 PM |
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Whats up with pumps? Auction over?
DOOD! QUICK! THE DINOSAUR!!!!!!!!!!  |
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dropt
Legendary
Offline
Activity: 1512
Merit: 1000
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June 30, 2014, 07:59:20 PM |
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400 wall on bitfinex pulled or swallowed?
Pretty sure that was chewed through with the quickness. |
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Richy_T
Legendary
Offline
Activity: 2604
Merit: 2296
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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June 30, 2014, 07:59:26 PM |
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evil kneivel was a crap toy. broke right away. Mine didn't. Though I did chop the head off of my brother's and bury the body in the back yard. Does he know and has he forgiven you?  I don't actually remember. He may even have been present. |
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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June 30, 2014, 07:59:38 PM |
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400 wall on bitfinex pulled or swallowed?
Eaten |
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ChrisML
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June 30, 2014, 08:00:08 PM |
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Shitloads of selling going on at BTC-E. Serious shit.
Loving this green candle.. but a red one will follow shortly.
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