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

[ChartBuddy]

Explanation

[cryyptc]

https://www.youtube.com/watch?v=k6ZM5t1SYdw <--- Flight to PHYSICAL money

[PoolMinor]

[coinableS]

Dear all bears and trolls:
This is all you'll see while we fly to the moon.

Google Street view: 9062 sw 14th ave portland OR

[ChartBuddy]

Explanation

[explorer]

Ahhh, PoolMinor,  master GIFster, has returned to the WOT!

[ChartBuddy]

Explanation

[Davyd05]

Hmm surprised we don't have a more definitive winner list, or speculation going on. I caught a stomach virus so after 5:20pm est I had to sleep some pain off. Woke at 3am to an upset stomach but a rather stable looking market. Think we have to wait till Monday to get our info?a weekend full of cryptic tweets

[AmazonStuff]

Hmm surprised we don't have a more definitive winner list, or speculation going on. I caught a stomach virus so after 5:20pm est I had to sleep some pain off. Woke at 3am to an upset stomach but a rather stable looking market. Think we have to wait till Monday to get our info?a weekend full of cryptic tweets

Get better soon!

[gkv9]

Hmm surprised we don't have a more definitive winner list, or speculation going on. I caught a stomach virus so after 5:20pm est I had to sleep some pain off. Woke at 3am to an upset stomach but a rather stable looking market. Think we have to wait till Monday to get our info?a weekend full of cryptic tweets

Ain't there any ETA declared for the disclosure of bids or the winners of the bought BTCs? This time, Tim only got 2000 BTC and he officially announced that... Waiting for the news further...

[Davyd05]

Hmm surprised we don't have a more definitive winner list, or speculation going on. I caught a stomach virus so after 5:20pm est I had to sleep some pain off. Woke at 3am to an upset stomach but a rather stable looking market. Think we have to wait till Monday to get our info?a weekend full of cryptic tweets

Ain't there any ETA declared for the disclosure of bids or the winners of the bought BTCs? This time, Tim only got 2000 BTC and he officially announced that... Waiting for the news further...

yeah 2k/ of 50k? seems awful small.. the only thing I was able to derive out that was that Tim was likely to have not such a low bid..but if he's bidding with a consortium perhaps that put certain roadblocks in terms of bid ceiling.

The other 48k to whom? The Draper news seems obscured but maybe my illness has lead me to being lazy on reading. There was bloomberg video with a caption claiming he said he'd have to acquire more btc elsewhere to meet demands....but they're are more auctions Tim.. are you on some sort of time basis we don't know about?

I know we keep seeing posts of 1k+ from last november.. but to see us semi stable above the previous ATH of 266 ( give r take exchanges ) I think bitcoin did quite well for itself for the year, day traders may have got hurt but.. c'est la vie.

Here's to the ensuing excitement of the future.

[ChartBuddy]

Explanation

[gkv9]

Yes, according to the post on Bloomberg, they say that Tim has different projects and each of his projects need about BTC300 investment from his own stuff in order for them to evaluate and meet the goals, maybe that's why he still is interested to buy the whole Silk Road stuff if he's able to do so.

[Davyd05]

Yes, according to the post on Bloomberg, they say that Tim has different projects and each of his projects need about BTC300 investment from his own stuff in order for them to evaluate and meet the goals, maybe that's why he still is interested to buy the whole Silk Road stuff if he's able to do so.

Yeah 300btc to each company that goes through his son Adam's Boost VC program. I wonder if they're primarily bitcoin enterprises or just starting to build business via btc injection rather then the cash style.

[Davyd05]

Hmm surprised we don't have a more definitive winner list, or speculation going on. I caught a stomach virus so after 5:20pm est I had to sleep some pain off. Woke at 3am to an upset stomach but a rather stable looking market. Think we have to wait till Monday to get our info?a weekend full of cryptic tweets

Ain't there any ETA declared for the disclosure of bids or the winners of the bought BTCs? This time, Tim only got 2000 BTC and he officially announced that... Waiting for the news further...

yeah 2k/ of 50k? seems awful small.. the only thing I was able to derive out that was that Tim was likely to have not such a low bid..but if he's bidding with a consortium perhaps that put certain roadblocks in terms of bid ceiling.

The other 48k to whom? The Draper news seems obscured but maybe my illness has lead me to being lazy on reading. There was bloomberg video with a caption claiming he said he'd have to acquire more btc elsewhere to meet demands....but they're are more auctions Tim.. are you on some sort of time basis we don't know about?

I know we keep seeing posts of 1k+ from last november.. but to see us semi stable above the previous ATH of 266 ( give r take exchanges ) I think bitcoin did quite well for itself for the year, day traders may have got hurt but.. c'est la vie.

Here's to the ensuing excitement of the future.

He bought 2000 coins above market price...
And I think that he bid on more than those 2000 coins...
Which most likely means the other 48000 coins went above market price as well...

http://www.bloomberg.com/news/2014-12-05/tim-draper-wins-part-of-second-silk-road-bitcoin-auction.html we can only assume he paid above MR cause he did last time, but he didn't bid in the same method as last time. The article says he doesn't disclose his price.

[ChartBuddy]

Explanation

[gkv9]

Yes, according to the post on Bloomberg, they say that Tim has different projects and each of his projects need about BTC300 investment from his own stuff in order for them to evaluate and meet the goals, maybe that's why he still is interested to buy the whole Silk Road stuff if he's able to do so.

Yeah 300btc to each company that goes through his son Adam's Boost VC program. I wonder if they're primarily bitcoin enterprises or just starting to build business via btc injection rather then the cash style.

Not only limited to that, but Tim must be thinking the same as all of us that when we lose, buy it again low and then sell high to recover, the guy's already in a loss of almost $10 million, then why he won't take it that hard? He already tried his best, but who knows, what surprises are still awaiting for everyone, behind the curtains?

[JimboToronto]

Tim must be thinking the same as all of us that when we lose, buy it again low and then sell high to recover, the guy's already in a loss of almost $10 million, then why he won't take it that hard? He already tried his best

He has clearly stated that he bought his coins to provide liquidity to several of the Bitcoin-based startups he is backing.

He didn't buy his coins to sell them. He bought them to use them.

If indeed he only bought 2000 coins this time, he'll need to buy more to meet his needs. The last thing he'd want to do is buy them at an exchange though.

[Newbie1022]

I like how rumors are actually being developed in these conversations about the price. Then somebody lazily reads one of the posts and then carries it on. Frankly, we don't know what the price on the coins were. Could be up, could be down... I think down, but that's just a guess. What we do know is that the coins went to more than one bidder and maybe quite a few bidders. Some may have even landed in the hands of this guy...

[Davyd05]

I like how rumors are actually being developed in these conversations about the price. Then somebody lazily reads one of the posts and then carries it on. Frankly, we don't know what the price on the coins were. Could be up, could be down... I think down, but that's just a guess. What we do know is that the coins went to more than one bidder and maybe quite a few bidders. Some may have even landed in the hands of this guy...

you know how bullish that is, the Joker burns his currencies he's gonna lose the keys foreverrrrrrrrrrrrr wooo