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

[ChrisML]

Meh, closed my long position at 644 on plus500.

Enough for today.

You're timing could be bad, we might break $650 today.

I know.. But I have been trading before on "timing" and "speculating". For now it's working out for me trading whilst there is a pump.. and after that a small dump.

Aslong as I hit my goal of $400 a day im happy!

To make $400 daily on a price swing of $10/btc per day, you'd have to be playing with what, like 40 btc on the market?  If you true, you are really brave.  I couldn't risk trading that much.

Hahaha no. I am not playing with real BTC. I got a few in a wallet.. but thats for future purposes. Taking in Long and short positions on Plus500... it's also a very risky business. But with the profit I have made from it so far I can play around. It's working out really nice for now!

[Torque]

I love how bitcoiners want to spend hours and hours analyzing this auction and the buyer, when there's 1000% chance that Tim Draper will do absolutely nothing but sit on these 30K coins for the next 6-12 months while he further invests to build out the third world exchange infrastructure.  

[bananaControl]

I love how bitcoiners want to spend hours and hours analyzing this auction and the buyer, when there's 1000% chance that Tim Draper will do absolutely nothing but sit on these 30K coins for the next 6-12 months while he further invests to build out the third world exchange infrastructure.  

Still better than a dump now.

[kodtycoon]

shit. those buy walls!

[atp1916]

I love how bitcoiners want to spend hours and hours analyzing this auction and the buyer, when there's 1000% chance that Tim Draper will do absolutely nothing but sit on these 30K coins for the next 6-12 months while he further invests to build out the third world exchange infrastructure.  

I believe this is exactly what he'll do.  Why in the heck would he dump at or below market rates when he bought way above market rates?

He's a VC.  They hold and invest.

[adamstgBit]

bitcoin makes mondays enjoyable, priceless.

[hd060053]

lol @ this gox style buy walls

[Torque]

I love how bitcoiners want to spend hours and hours analyzing this auction and the buyer, when there's 1000% chance that Tim Draper will do absolutely nothing but sit on these 30K coins for the next 6-12 months while he further invests to build out the third world exchange infrastructure.  

I believe this is exactly what he'll do.  Why in the heck would he dump at or below market rates when he bought way above market rates?

He's a VC.  They hold and invest.

Yes exactly.  I guess everyone else that still wants to debate the stupid "dumping" scenario is just trapped in that movie Idiocracy.

[adamstgBit]

looks like this is gonna break resistance and rocket to next level.

[oda.krell]

ITT people complaining about the futility of price speculation on the... speculation subforum.

[atp1916]

Let the panic buying ensue.

So predictable.

[yrtrnc]

Stampwalls

Here comes the big dump.

[Torque]

Check out the Stamp 1W MACD.  CCMF!  I wish the Stamp 1W MACD looked like Bitfinex.   

[empowering]

I am compiling a list of resources for a person that is totally not up to date and does not get Bitcoin/Crypto currency

The person has a finance background, and a legal background- the person is not technically minded

I have list of resources , videos, text, articles and good places to get key data.

has anyone any works they suggest may be suitable for this gentleman to read ?  (I get the feeling he is more of a reader than a video watcher, plus I have some good videos already- though if you have any amazing links please do share)

I am almost ready to send what I have, but just thought I would ask here if anyone has any good primers to add to my list or rather than me writing it all out again.

The gentleman is a man with very deep pockets and a group of investors, I have meetings planned with the person in question to discuss starting
a Crypto/Bitcoin relegated company here in the UK -

I am looking for good text primers for a person new to crypto but that has a good finance background,  not too basic, not too full on   have you any suggestions that I can add to my ever growing list ?  I do not want to send him everything, I am looking to cherry pick.

Already had one meeting with the chap in question, and before the next one I would like him to do some reading, so he knows more about where
his money is going to be going, before the next rounds of meetings- as the guy is pretty much a crypto newbie.

Thank you in advance.

[adamstgBit]

I am compiling a list of resources for a person that is totally not up to date and does not get Bitcoin/Crypto currency

The person has a finance background, and a legal background- the person is not technically minded

I have list of resources , videos, text, articles and good places to get key data.

has anyone any works they suggest may be suitable for this gentleman to read ?  (I get the feeling he is more of a reader than a video watcher, plus I have some good videos already- though if you have any amazing links please do share)

I am almost ready to send what I have, but just thought I would ask here if anyone has any good primers to add to my list or rather than me writing it all out again.

The gentleman is a man with very deep pockets and a group of investors, I have meetings planned with the person in question to discuss starting
a Crypto/Bitcoin relegated company here in the UK -

I am looking for good text primers for a person new to crypto but that has a good finance background,  not too basic, not too full on   have you any suggestions that I can add to my ever growing list ?  I do not want to send him everything, I am looking to cherry pick.

Already had one meeting with the chap in question, and before the next one I would like him to do some reading, so he knows more about where
his money is going to be going, before the next rounds of meetings- as the guy is pretty much a crypto newbie.

Thank you in advance.

good stuff

you should make a new thread.

[Cassius]

I am compiling a list of resources for a person that is totally not up to date and does not get Bitcoin/Crypto currency

The person has a finance background, and a legal background- the person is not technically minded

I have list of resources , videos, text, articles and good places to get key data.

has anyone any works they suggest may be suitable for this gentleman to read ?  (I get the feeling he is more of a reader than a video watcher, plus I have some good videos already- though if you have any amazing links please do share)

I am almost ready to send what I have, but just thought I would ask here if anyone has any good primers to add to my list or rather than me writing it all out again.

The gentleman is a man with very deep pockets and a group of investors, I have meetings planned with the person in question to discuss starting
a Crypto/Bitcoin relegated company here in the UK -

I am looking for good text primers for a person new to crypto but that has a good finance background,  not too basic, not too full on   have you any suggestions that I can add to my ever growing list ?  I do not want to send him everything, I am looking to cherry pick.

Already had one meeting with the chap in question, and before the next one I would like him to do some reading, so he knows more about where
his money is going to be going, before the next rounds of meetings- as the guy is pretty much a crypto newbie.

Thank you in advance.

http://vimeo.com/nxtorg
Lots about crypto more generally there too, just in the NXT context.

[JimboToronto]

He's a VC.  They hold and invest.

Exactly. He's a professional, not a trader. An investor not a speculator. A businessman not a gambler.

[empowering]

good stuff

you should make a new thread.

Thanks - good point.

[soullyG]

Russia softens stance on Bitcoin - Wall Street Journal

"At this stage we need to watch how the situation develops with these kinds of currencies. These instruments should not be rejected,"

[atp1916]

I love how bitcoiners want to spend hours and hours analyzing this auction and the buyer, when there's 1000% chance that Tim Draper will do absolutely nothing but sit on these 30K coins for the next 6-12 months while he further invests to build out the third world exchange infrastructure.  

I believe this is exactly what he'll do.  Why in the heck would he dump at or below market rates when he bought way above market rates?

He's a VC.  They hold and invest.

Yes exactly.  I guess everyone else that still wants to debate the stupid "dumping" scenario is just trapped in that movie Idiocracy.

Yep - the dumping scenario is so stupid because it's just simply illogical and lacking of common sense wrt to the pure enthusiasm/momentum that VCs are demonstrating toward Bitcoin as a whole. Did anyone expect these VC types not to throw up a fight for these coins?  Buying 30k coins below market rates and then dumping on an exchange at market rates?  Really?  

Have people forgotten about the hundreds of millions worth of VC money that has been put toward the Bitcoin ecosystem and that only a small fraction of that is needed to secure all of these coins?

FUD'rs will be FUD'rs i guess.

I know i'm tooting my own horn here, I called it on the 25th: https://bitcointalk.org/index.php?topic=178336.msg7504088#msg7504088

Does anyone actually think that Barry and co. are gonna let the unkowns (dumpers) walk off with these coins without a fight?  

This auction will turn out to be a 30k coin pump, mark my words.

I'll say this now, that the rest of the SR coins will go in like manner...above market value and won by VCs.