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

[Coinshot]

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.

I expect them to be a lot below the market price.

[NotLambchop]

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

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

[billyjoeallen]

about 1 hour to lift off.  

HAHAHAHAHAHAHA!!!!

liftoff for a bunker-buster missile, maybe.

[jonoiv]

about 1 hour to lift off.  

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.   

[jonoiv]

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

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]

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]

about 1 hour to lift off.  

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.   

Yeah, I sold a pile at $425 so I have my light bill covered for a few months.

[Hfertig]

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]

<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

[phoenix1]

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

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  

[adamstgBit]

368. the end is near!

[jonoiv]

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]

Explanation

[billyjoeallen]

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]

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]

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....

[Hfertig]

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... the other way around. 6200 short and up to 10 times more longs that could get squeezed

[phoenix1]

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... the other way around. 6200 short and up to 10 times more longs that could get squeezed

So there's a chance then ?? 

https://www.youtube.com/watch?v=KX5jNnDMfxA

[janos666]

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?

Nope, the opposite. But that's just swap statistics, not necessarily active positions.


It feels like price wishes to crash, yet there some nice bid walls. What shall I do now?

[adamstgBit]

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?

Nope, the opposite. But that's just swap statistics, not necessarily active positions.


It feels like price wishes to crash, yet there some nice bid walls. What shall I do now?

now we wait...