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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 26489720 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.)
Newbie1022
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December 05, 2014, 01:21:29 AM

I have no clue where we'll go from here :S

Probably down, but probably not far and probably not long. We're only down about 10 to 15 on the day... we are still trading in a pretty narrow range and the situation seems, at least for the moment, to be under control.

We'll see what the morning brings us.

We're down 2.74% in the last 24 hrs. That's money you could have saved and more coins you could buy if you saw the obvious dumps coming. At least I learn from my past mistakes. Some people never do.

Dude, I'm riding a short right now as well. This wasn't like the last auction where everybody was fired up and ready to go. No, this was a more sober bidding exercise. I don't think that they bid nightmarishly low or anything, but they had to know simply based on the number of bidders and the bids that the market would drop -- resultantly, they'd have no incentive to bid over market when they can go out on the market and get the cheaper the next day.

So, we have a little bit to drop. I still don't think the floor is going to fall out, though. There's too much resistance.

So how did they know in advance the amount of bids and bidders before the auction then?

And don't you mean support?

Resistance against downside... support... tomato/tomaaato

They have analysts who can figure out at least that much (rough number of bidders/bids)... at the bare minimum.
jonoiv
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December 05, 2014, 01:21:52 AM

http://usum.in/read/2014/12/bitcoin-holds-price-gains-as-vc-tim-draper-wins-all-bids-in-us-marshals-auction/


Tim Draper wins all bids apparently?!
billyjoeallen
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December 05, 2014, 01:22:27 AM

I have no clue where we'll go from here :S

Probably down, but probably not far and probably not long. We're only down about 10 to 15 on the day... we are still trading in a pretty narrow range and the situation seems, at least for the moment, to be under control.

We'll see what the morning brings us.

We're down 2.74% in the last 24 hrs. That's money you could have saved and more coins you could buy if you saw the obvious dumps coming. At least I learn from my past mistakes. Some people never do.

Dude, I'm riding a short right now as well. This wasn't like the last auction where everybody was fired up and ready to go. No, this was a more sober bidding exercise. I don't think that they bid nightmarishly low or anything, but they had to know simply based on the number of bidders and the bids that the market would drop -- resultantly, they'd have no incentive to bid over market when they can go out on the market and get the cheaper the next day.

So, we have a little bit to drop. I still don't think the floor is going to fall out, though. There's too much resistance.

if it keeps slamming down, you're right, but I expect a little bit of a recovery and then more of a drift down through resistance as it dawns on the slow learners that we're not going to the moon any time soon.
noobtrader
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December 05, 2014, 01:23:23 AM


wow @ Tim Draper... my hero...  Grin Grin Grin
podyx
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December 05, 2014, 01:24:09 AM


That is about the last auction, the 30k one.

Don't know why they write about it now though...
empowering
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December 05, 2014, 01:25:39 AM

I have no clue where we'll go from here :S

Probably down, but probably not far and probably not long. We're only down about 10 to 15 on the day... we are still trading in a pretty narrow range and the situation seems, at least for the moment, to be under control.

We'll see what the morning brings us.

We're down 2.74% in the last 24 hrs. That's money you could have saved and more coins you could buy if you saw the obvious dumps coming. At least I learn from my past mistakes. Some people never do.

Dude, I'm riding a short right now as well. This wasn't like the last auction where everybody was fired up and ready to go. No, this was a more sober bidding exercise. I don't think that they bid nightmarishly low or anything, but they had to know simply based on the number of bidders and the bids that the market would drop -- resultantly, they'd have no incentive to bid over market when they can go out on the market and get the cheaper the next day.

So, we have a little bit to drop. I still don't think the floor is going to fall out, though. There's too much resistance.

So how did they know in advance the amount of bids and bidders before the auction then?

And don't you mean support?

Resistance against downside... support... tomato/tomaaato

They have analysts who can figure out at least that much (rough number of bidders/bids)... at the bare minimum.

Bs imo,  they may have analysts,  they do not have mind readers,  no one knew beforehand, nor could possibly know. At best they could take an educated guess, which means, that they basically do not know
phoenix1
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December 05, 2014, 01:26:02 AM


Looks at the date and the number of coins ... that was the last auction ... sorry  Undecided
jonoiv
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December 05, 2014, 01:26:15 AM


That is about the last auction, the 30k one.

Don't know why they write about it now though...

The URL is only 29 mins old.
empowering
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December 05, 2014, 01:26:47 AM


Nah
jonoiv
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December 05, 2014, 01:28:45 AM


Looks at the date and the number of coins ... that was the last auction ... sorry  Undecided

It's 29 mins old according to google.
coinableS
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December 05, 2014, 01:28:55 AM


That is about the last auction, the 30k one.

Don't know why they write about it now though...

The URL is only 29 mins old.

Says Friday's auction. Today is Thursday so it can't be for todays auction.
empowering
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December 05, 2014, 01:30:56 AM


Looks at the date and the number of coins ... that was the last auction ... sorry  Undecided

It's 29 mins old according to google.


Google has directions to Mordor too, plus about a billion other bits of nonfactual BS.
phoenix1
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December 05, 2014, 01:31:42 AM


Looks at the date and the number of coins ... that was the last auction ... sorry  Undecided

It's 29 mins old according to google.


I don't care how old the URL is ... read the article ... FAIL

EDIT : Or just believe it anyway and buy lots of coins cos a URL on google said so ... your call
Erdogan
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December 05, 2014, 01:33:17 AM

I met some Chinese the other day. Fairly young, technically minded. At the end of the meeting, i asked:

- Have you heard about bitcoin?

- Yes it's forbidden.

- Well China is the biggest bitcoin country, with the largest exchanges...

- There are some black markets, but it's forbidden.

- ... and the largest mining operations.

- It's forbidden.

- That's just CBOC trying to talk it down...

- No it's forbidden.
jonoiv
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December 05, 2014, 01:37:01 AM


Looks at the date and the number of coins ... that was the last auction ... sorry  Undecided

It's 29 mins old according to google.


I don't care how old the URL is ... read the article ... FAIL

EDIT : Or just believe it anyway and buy lots of coins cos a URL on google said so ... your call

The article was posed today.  that's actually a fact.  It had 6 views before me, and now it's 40 views.
empowering
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December 05, 2014, 01:37:38 AM


Looks at the date and the number of coins ... that was the last auction ... sorry  Undecided

It's 29 mins old according to google.


I don't care how old the URL is ... read the article ... FAIL

EDIT : Or just believe it anyway and buy lots of coins cos a URL on google said so ... your call

The article was posed today.  that's actually a fact.  It had 6 views before me, and now it's 40 views.

One word = repost

(I could post the magna carta if I wanted to, still would not make it new(s))
Chef Ramsay
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December 05, 2014, 01:38:36 AM

I met some Chinese the other day. Fairly young, technically minded. At the end of the meeting, i asked:

- Have you heard about bitcoin?

- Yes it's forbidden.

- Well China is the biggest bitcoin country, with the largest exchanges...

- There are some black markets, but it's forbidden.

- ... and the largest mining operations.

- It's forbidden.

- That's just CBOC trying to talk it down...

- No it's forbidden.

Forbidden is such the language of a slave trying to not engage his master's fury. Grow a pair, plz!
noobtrader
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December 05, 2014, 01:39:12 AM

wow price dumped  Cry

back to the  fair price Huh

Fair price? Think lower, bro


oh dear... you were right, difficulty drop that changes everything... yep fair price is now 330-340  Huh
pjviitas
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December 05, 2014, 01:40:15 AM

I met some Chinese the other day. Fairly young, technically minded. At the end of the meeting, i asked:

- Have you heard about bitcoin?

- Yes it's forbidden.

- Well China is the biggest bitcoin country, with the largest exchanges...

- There are some black markets, but it's forbidden.

- ... and the largest mining operations.

- It's forbidden.

- That's just CBOC trying to talk it down...

- No it's forbidden.


Sounds like a true socialist.

Unfortunately everything that is forbidden is destined to grow...as long as it does break the ten commandments more or less
empowering
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December 05, 2014, 01:40:52 AM

I met some Chinese the other day. Fairly young, technically minded. At the end of the meeting, i asked:

- Have you heard about bitcoin?

- Yes it's forbidden.

- Well China is the biggest bitcoin country, with the largest exchanges...

- There are some black markets, but it's forbidden.

- ... and the largest mining operations.

- It's forbidden.

- That's just CBOC trying to talk it down...

- No it's forbidden.


Did you give him a slap?
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