Fatman3001
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Activity: 1526
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Make Bitcoin glow with ENIAC
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December 01, 2014, 08:58:05 PM |
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Today was just registration deadline. Auction bid submissions are on Thursday until 2 PM Eastern.
Ouch! You are right. Maybe this explain the lack of reaction I see a lot of people posting that the reaction would be negative. Lets just hope it isn't so. That's what they did last time, and we went up %50.
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ChartBuddy
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Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 01, 2014, 09:00:59 PM |
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Coinshot
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December 01, 2014, 09:04:56 PM |
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It has gone slow. I do not think there will be any action before weekend. So that means waiting for 4-5 days.
I have feeling there will a huge crash come Friday.
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NotLambchop
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December 01, 2014, 09:07:24 PM |
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^ Nah, nothing to worry about. You'll be just fine.
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ShroomsKit
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December 01, 2014, 09:08:14 PM |
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Here is my prediction for next week. Every new buyer will leave right away after getting dumped on by traders and on monday a pump and dump on tuesday as well wednesday also thursday also friday also saturday also and sunday also.
Spot on so far.
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grappa_barricata
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Activity: 154
Merit: 100
playing pasta and eating mandolinos
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December 01, 2014, 09:20:43 PM |
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I see a lot of people posting that the reaction would be negative. Lets just hope it isn't so.
That's what they did last time, and we went up %50. I remember, at the announcement time price dropped from 660$ to 620$, in a moment of craziness. Then it bounced a bit but kept falling down to sub-550$. Then it recovered to 630$. After the auction ended, it collapsed down to 500$, culminating in that 'flash crash' to 450$. Having said this, i don't think these events are relevant per-se. But they are used by market makers to justify big movements, and that is what i'm waiting for...
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4ever
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December 01, 2014, 09:37:54 PM |
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I see a lot of people posting that the reaction would be negative. Lets just hope it isn't so.
That's what they did last time, and we went up %50. I remember, at the announcement time price dropped from 660$ to 620$, in a moment of craziness. Then it bounced a bit but kept falling down to sub-550$. Then it recovered to 630$. After the auction ended, it collapsed down to 500$, culminating in that 'flash crash' to 450$. Having said this, i don't think these events are relevant per-se. But they are used by market makers to justify big movements, and that is what i'm waiting for... I guess we will see it next week then.
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Miz4r
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Activity: 1246
Merit: 1000
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December 01, 2014, 09:38:53 PM |
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I see a lot of people posting that the reaction would be negative. Lets just hope it isn't so.
That's what they did last time, and we went up %50. I remember, at the announcement time price dropped from 660$ to 620$, in a moment of craziness. Then it bounced a bit but kept falling down to sub-550$. Then it recovered to 630$. After the auction ended, it collapsed down to 500$, culminating in that 'flash crash' to 450$. Having said this, i don't think these events are relevant per-se. But they are used by market makers to justify big movements, and that is what i'm waiting for... After the auction ended price went up to $658 actually after it had been below $600 for some time. After that we started to slowly drift down again culminating into capitulation below $300.
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Fatman3001
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Activity: 1526
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Make Bitcoin glow with ENIAC
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December 01, 2014, 09:45:26 PM |
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I see a lot of people posting that the reaction would be negative. Lets just hope it isn't so.
That's what they did last time, and we went up %50. I remember, at the announcement time price dropped from 660$ to 620$, in a moment of craziness. Then it bounced a bit but kept falling down to sub-550$. Then it recovered to 630$. After the auction ended, it collapsed down to 500$, culminating in that 'flash crash' to 450$. Having said this, i don't think these events are relevant per-se. But they are used by market makers to justify big movements, and that is what i'm waiting for... You're right, I conflated a bunch of ups and downs in my head. I see it went up $50 the day before only to drop a bit and flatline until the end of July when we were treated to the spiral of death for some months. It stayed around $600 until August the 11th though, but by then I don't think the auction had much to do with the mid-August crash.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 01, 2014, 10:01:08 PM |
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N12
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Activity: 1610
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December 01, 2014, 10:02:58 PM |
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Silver is going up fast again. So happy i moved all my coins into silver. I bought at the very bottom.
My market analysis why we are about to see a huge rally in btc... On the 25 november ShroomsKit said he's all out of btc and fully invested in Silver, although it could still be possible that he's invested in aluminium instead... Although he claimed to have bought at the very bottom, looking at the chart https://www.bullionvault.com/silver-price-chart.do, it seems he bought at the very top right before a crash to 14.75$, it has slightly recovered, but still not enough for Shroomies ultimate goal of "it can easily double". A crash in Silver and a boom in BTC are Shroomie his worst nightmares at this point, combined with almost a full year of non-stop crying about dumpers... well I see no reason why it wouldn't be the PERFECT time for a rally.
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LFC_Bitcoin
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#1 VIP Crypto Casino
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December 01, 2014, 10:06:19 PM |
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Can people stop quoting the trolls please
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Brewins
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December 01, 2014, 10:09:20 PM |
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It has gone slow. I do not think there will be any action before weekend. So that means waiting for 4-5 days.
I have feeling there will a huge crash come Friday.
I think we will see action starting on Friday, then some good action on weekend. I guess we will visit the 400's once more, not sure if to stay
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hdbuck
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December 01, 2014, 10:19:59 PM |
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grappa_barricata
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playing pasta and eating mandolinos
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December 01, 2014, 10:25:08 PM |
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Lets assume a scenario: someone with big pockets want to buy these coins from the USG. What is the best way to do it? Here is the best method i can imagine: - suppress prices in major markets during the submission period: in this way, the other bidders will bid too low - bid higher than market price during submission period - stop suppressing price afterward, pump it higher than your bid - baam! you won the auction, you did pay less than market price, other bidders feel stupid, much self-satisfaction ensure
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billyjoeallen
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Hide your women
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December 01, 2014, 10:27:40 PM |
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If there is no volatility, then we have done our job. Bitcoin has no central bankers so the money supply is determined by day traders. We profit from volatility by eating it. This is the time for the successful day traders to take a well-earned break.
This is a superior system to central banking because day traders only get paid when we do our job well. Not only that but we lose money when we do it poorly. Eventually the poor traders give all their money to the good traders.and the good traders make the system more stable, buying when there is too much liquidity and selling when there is not enough.
In the free market, every problem is an opportunity for someone.
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JorgeStolfi
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December 01, 2014, 10:30:42 PM |
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I remember, at the announcement time price dropped from 660$ to 620$, in a moment of craziness. Then it bounced a bit but kept falling down to sub-550$. Then it recovered to 630$. After the auction ended, it collapsed down to 500$, culminating in that 'flash crash' to 450$.
The price recovered on June 30, when the USMS announced that one bidder got all the lots. Most people concluded that his bid was above market. The price then started a slow decline, that got worse only after one month. I don't think that this decline was related to the auction. I rather see it as a continuation of the descending trend that dominated from February to April.
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ImI
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Activity: 1946
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December 01, 2014, 10:31:25 PM |
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If there is no volatility, then we have done our job. Bitcoin has no central bankers so the money supply is determined by day traders. We profit from volatility by eating it. This is the time for the successful day traders to take a well-earned break.
This is a superior system to central banking because day traders only get paid when we do our job well. Not only that but we lose money when we do it poorly. Eventually the poor traders give all their money to the good traders.and the good traders make the system more stable, buying when there is too much liquidity and selling when there is not enough.
In the free market, every problem is an opportunity for someone.
######## qft!
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DaRude
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In order to dump coins one must have coins
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December 01, 2014, 10:31:34 PM |
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If entity wanted to buy 50kBTC how much would it cost with slippage? Can you trust any exchange with $19MM? Here you're guaranteed clean BTC directly from the US gov. Gotta pay some premium for that
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