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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (8.9%)
8/4 - 16 (12.9%)
8/11 - 8 (6.5%)
8/18 - 6 (4.8%)
8/25 - 8 (6.5%)
After August - 74 (59.7%)
Total Voters: 124

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26491260 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.)
Odalv
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December 04, 2014, 10:22:39 PM


ah but if you buy the 20K BTC available on the market today and then immediately send the price to infinity you've just made some very nice paper profits  Cheesy

do not quote/feed trolls.
Newbie1022
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December 04, 2014, 10:23:14 PM



Wow!!!!!!!!   If that's true, then that is surely a small number of bids.  27 bids for 20 lots?


I may have to revise my thinking based on that news if it were true.

yes but maybe someones 1 bid was for 10 blocks @390

bids vs bidders? I would assume 27 bidders = open to bid on all blocks.. still a decent amount of action to compete with if so.



Yeah....  TOO much mystery here...


27 bidders is very bullish

however


27 bids would be very bearish.









I think we'll go lower on the number of bids and bidders. Maybe even a fair bit lower. That said, buying here isn't a bad decision at all. We'll almost certainly go reasonably higher than this price at some juncture.
JayJuanGee
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December 04, 2014, 10:29:11 PM

I decided to buy a pretty decent chunk of coins (approximately 26 BTC).
Therefore, my average price per BTC in my own BTC holdings came down from approximately $558 to $537.  

So you have like ~225 bitcoins now. Especially in your case, that is at least putting your money where your mouth is  Cool

Lets see what Monday brings us, after some shaky hands dumping during Fri-Mon.


Hahahahahaha.... I will neither admit NOR deny... I had been thinking about how much detail I should provide...  Wink Wink
adamstgBit
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December 04, 2014, 10:30:53 PM

maybe the winning bids were 10-20% below market price
maybe the winners will sell their winnings for profit on the markets in the coming weeks
maybe honey badger don't give a fuck. Wink
Coinshot
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December 04, 2014, 10:32:46 PM

maybe the winning bids were 10-20% below market price
maybe the winners will sell there winning for profit on the markets in the coming weeks
maybe honey badger don't give a fuck. Wink

I expect them to be a lot below the market price.
NotLambchop
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December 04, 2014, 10:35:10 PM

...
maybe honey badger don't give a fuck. Wink

Here's hoping against hope that Bitcoiners are smarter than honey badgers...

billyjoeallen
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December 04, 2014, 10:36:37 PM


about 1 hour to lift off.  Cool

HAHAHAHAHAHAHA!!!!

liftoff for a bunker-buster missile, maybe.
jonoiv
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December 04, 2014, 10:40:38 PM


about 1 hour to lift off.  Cool

HAHAHAHAHAHAHA!!!!

liftoff for a bunker-buster missile, maybe.

Still sitting with your cap in hand and asking for a BTC hand out?  Still can't afford your electric? but shorting 50 BTC.   Cool

jonoiv
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December 04, 2014, 10:42:22 PM

http://dealbook.nytimes.com/2014/12/04/second-bitcoin-auction-draws-fewer-bidders/?module=BlogPost-Title&version=Blog%20Main&contentCollection=Financial%20Services&action=Click&pgtype=Blogs&region=Body
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Though the Marshals Service did not announce the price of Mr. Draper’s winning bid, it is widely assumed among Bitcoin investors that he bid above Bitcoin’s market price at the time. As a result, some investors who had hoped to get a bargain last time saw little point in participating in this auction.
virtuexru
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December 04, 2014, 10:44:42 PM

63 bids last time... 27 bids this time. Bearish. Very Bearish. But, in a speculative way. We really don't know much but you trade the rumor. Super bearish. And yes, I have a short. And no, I don't care about talking my book because the guys who really move the market aren't trolling around Bitcointalk's speculation forum.

Can't wait until this kid gets squeezed again. rofl
billyjoeallen
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December 04, 2014, 10:46:24 PM


about 1 hour to lift off.  Cool

HAHAHAHAHAHAHA!!!!

liftoff for a bunker-buster missile, maybe.

Still sitting with your cap in hand and asking for a BTC hand out?  Still can't afford your electric? but shorting 50 BTC.   Cool

Yeah, I sold a pile at $425 so I have my light bill covered for a few months.
Hfertig
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December 04, 2014, 10:50:52 PM

63 bids last time... 27 bids this time. Bearish. Very Bearish. But, in a speculative way. We really don't know much but you trade the rumor. Super bearish. And yes, I have a short. And no, I don't care about talking my book because the guys who really move the market aren't trolling around Bitcointalk's speculation forum.

Can't wait until this kid gets squeezed again. rofl

are you talking about a squeeze of 6200 btc on shorts or the 24 mio usd (up to 64800 btc)on longs in Bitfinex .
NotLambchop
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December 04, 2014, 10:53:37 PM

<quoting something, anything to prop up his delusion as the price resumes tanking>

I know I should be feeling sorry for you just about now, but can't stop laughing.
Hang in there, buddy Cheesy

phoenix1
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December 04, 2014, 10:58:27 PM

http://dealbook.nytimes.com/2014/12/04/second-bitcoin-auction-draws-fewer-bidders/?module=BlogPost-Title&version=Blog%20Main&contentCollection=Financial%20Services&action=Click&pgtype=Blogs&region=Body
Quote


Though the Marshals Service did not announce the price of Mr. Draper’s winning bid, it is widely assumed among Bitcoin investors that he bid above Bitcoin’s market price at the time. As a result, some investors who had hoped to get a bargain last time saw little point in participating in this auction.

So, many of the bidders last time were low-balling ... that's new info about the last auction and hardly bullish really is it  Cheesy
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December 04, 2014, 10:58:50 PM

368. the end is near!
jonoiv
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December 04, 2014, 10:59:45 PM

63 bids last time... 27 bids this time. Bearish. Very Bearish. But, in a speculative way. We really don't know much but you trade the rumor. Super bearish. And yes, I have a short. And no, I don't care about talking my book because the guys who really move the market aren't trolling around Bitcointalk's speculation forum.

Can't wait until this kid gets squeezed again. rofl

are you talking about a squeeze of 6200 btc on shorts or the 24 mio usd (up to 64800 btc)on longs in Bitfinex .

So almost 65k BTC are being shorted right now?
ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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December 04, 2014, 11:00:54 PM


Explanation
billyjoeallen
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December 04, 2014, 11:01:22 PM

63 bids last time... 27 bids this time. Bearish. Very Bearish. But, in a speculative way. We really don't know much but you trade the rumor. Super bearish. And yes, I have a short. And no, I don't care about talking my book because the guys who really move the market aren't trolling around Bitcointalk's speculation forum.

Can't wait until this kid gets squeezed again. rofl

are you talking about a squeeze of 6200 btc on shorts or the 24 mio usd (up to 64800 btc)on longs in Bitfinex .

Hmmm. well, the early risers in China gotta be waking up soon with the price below 2300 and dropping. There's no way they'll panic tonight, right?
phoenix1
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December 04, 2014, 11:02:15 PM

63 bids last time... 27 bids this time. Bearish. Very Bearish. But, in a speculative way. We really don't know much but you trade the rumor. Super bearish. And yes, I have a short. And no, I don't care about talking my book because the guys who really move the market aren't trolling around Bitcointalk's speculation forum.

Can't wait until this kid gets squeezed again. rofl

are you talking about a squeeze of 6200 btc on shorts or the 24 mio usd (up to 64800 btc)on longs in Bitfinex .

So almost 65k BTC are being shorted right now?

Lol ... no 65k BTC are LONGS on borrowed money
adamstgBit
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December 04, 2014, 11:02:28 PM

63 bids last time... 27 bids this time. Bearish. Very Bearish. But, in a speculative way. We really don't know much but you trade the rumor. Super bearish. And yes, I have a short. And no, I don't care about talking my book because the guys who really move the market aren't trolling around Bitcointalk's speculation forum.

Can't wait until this kid gets squeezed again. rofl

are you talking about a squeeze of 6200 btc on shorts or the 24 mio usd (up to 64800 btc)on longs in Bitfinex .

So almost 65k BTC are being shorted right now?

no only 6K

damn this number when down alot since last time i checked.

no one wants to short bitcoin anymore, i wonder why....
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