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

[hyphymikey]

It looks like we are going to repeat the last 7 days.

You mean rally to 450 then down to 370 again?

Rally to 450 is fairly possible. Not sure why someone would dump back down to 370 after seeing it rally twice. Unless whale buyer and whale seller are the same and are trying to accumulate in this range.

[cmacwiz]

It looks like we are going to repeat the last 7 days.

You mean rally to 450 then down to 370 again?

Rally to 450 is fairly possible. Not sure why someone would dump back down to 370 after seeing it rally twice. Unless whale buyer and whale seller are the same and are trying to accumulate in this range.

Now why would anyone do that?! Messin with the markets just to make money

Oh, to be a whale

[ChartBuddy]

Explanation

[Phillis]

meh, need some action here

[ChartBuddy]

Explanation

[BayAreaCoins]

meh, need some action here

No block for a hour...

Think the fucking thing is broke! Sell sell sell!

[podyx]

Wow, going down again...
Who could of guessed

ShroomsKit was right.






 

[Davyd05]

Wow, going down again...
Who could of guessed

ShroomsKit was right.






 

man that spacing almost got me...............

[JorgeStolfi]

Brazilian prison ain't that bad, provided you have control of your money and are able to pay people off.
If you hand over all your money and then you're facing prison with zero assets, it'd be a shitty situation.
Same goes for the whole world, pretty much.

enjoy...

Yeah, from the outside it does not look that bad, does it?

[hdbuck]

arf, good ol times..

http://oneyearbitcoin.info/

[fabrizio123]

Draper is back 
http://www.bloomberg.com/news/2014-11-18/bitcoin-auction-winner-draper-to-bid-again-in-december.html

[itod]

Draper is back  
http://www.bloomberg.com/news/2014-11-18/bitcoin-auction-winner-draper-to-bid-again-in-december.html

Dumping 50.000 BTC on the market soon sure is not bullish. I wish the US government is wiser and sell those seized coins slowly through the exchange.

[ChartBuddy]

Explanation

[jeezy]

Draper is back  
http://www.bloomberg.com/news/2014-11-18/bitcoin-auction-winner-draper-to-bid-again-in-december.html

Dumping 50.000 BTC on the market soon sure is not bullish. I wish the US government is wiser and sell those seized coins slowly through the exchange.

They are planning to auction the 150k in 3 seperate auctions 50k each. The single auctions will also be divided by blocks. Just read the gov page.

[YogoH]

Draper is back  
http://www.bloomberg.com/news/2014-11-18/bitcoin-auction-winner-draper-to-bid-again-in-december.html

Dumping 50.000 BTC on the market soon sure is not bullish. I wish the US government is wiser and sell those seized coins slowly through the exchange.

I think its quite bullish. The BTC will go to people who most likely will hold or used as liquidity for bitcoin companies.

[ChartBuddy]

Explanation

[dreamspark]

arf, good ol times..

http://oneyearbitcoin.info/

Lol look at the amount the price was moving hour by hour a year ago;

2013-11-19 11:19 - $ 638.7

2013-11-19 12:19 - $ 560.07

2013-11-19 13:19 - $ 535

2013-11-19 14:19 - $ 540

2013-11-19 15:19 - $ 573

[prophetx]

Draper is back  
http://www.bloomberg.com/news/2014-11-18/bitcoin-auction-winner-draper-to-bid-again-in-december.html

Dumping 50.000 BTC on the market soon sure is not bullish. I wish the US government is wiser and sell those seized coins slowly through the exchange.

I think its quite bullish. The BTC will go to people who most likely will hold or used as liquidity for bitcoin companies.

it's a nice buying strategy.

wait for a govt to seize a large cache of bitcoin, then buy it all up without moving the market too much.

[BayAreaCoins]

Blah I think I was wrong.

Sell sell sell!

[podyx]

Volume down is looking pretty weak though

It's normally more volume down then it is up, could this tell anything?