velacreations (OP)
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July 18, 2013, 03:11:49 PM |
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Don't know what btct trade history you're looking at, I see lots of different buys at or over 4.7, across the last 5+ hours.
Also there were lots of buys in between those, and leading up to those, and several buys on BitFunder across a few hours taking it up to 4.6 from below 4.4 earlier.
that's what I am seeing, too. There are large buyers, but then there are lots of small buys, too. It could be the SD crowd or board members or MPOE-PR getting in before the blades announcement.
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joele
Legendary
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Activity: 1022
Merit: 1000
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July 18, 2013, 03:14:18 PM |
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looks like when BTC/USD price falls, people buy AM shares to hedge their funds.
It often happens the other way, AM shares being sold when BTC goes down. I'm guessing this jump in AM price is more likely to be speculation in anticipation of S.DICE owners looking for another good dividend stock in the coming days when they get their payout, which would raise the price of AM, probably by quite a lot if there's good news from Friedcat the same time. The price run up is due to 1 aggressive buyer, not a larger crowd movement. However, I do anticipate some buying after the SDICE payout. How do you know that, considering it happened on BitFunder as well as btct, and in several buys over the course of a few hours? Only one buyer buying at 4.7 in btct, those who sold their shares of course will buy cheaper shares at bitfunder, Im one of them thus lower asks price sold out. Don't know what btct trade history you're looking at, I see lots of different buys at or over 4.7, across the last 5+ hours. Also there were lots of buys in between those, and leading up to those, and several buys on BitFunder across a few hours taking it up to 4.6 from below 4.4 earlier. If all below 4.7 bought, the remaining over 4.7 will be at the first in the asks price so other users bought it. If you check the btct history the over 4.7 were just recently.
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binaryFate
Legendary
Offline
Activity: 1512
Merit: 1012
Still wild and free
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July 18, 2013, 03:14:43 PM |
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The SD payout was done already?
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Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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TsuyokuNaritai
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July 18, 2013, 03:19:13 PM |
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The price run up is due to 1 aggressive buyer, not a larger crowd movement. However, I do anticipate some buying after the SDICE payout.
How do you know that, considering it happened on BitFunder as well as btct, and in several buys over the course of a few hours? Only one buyer buying at 4.7 in btct, those who sold their shares of course will buy cheaper shares at bitfunder, Im one of them thus lower asks price sold out. Don't know what btct trade history you're looking at, I see lots of different buys at or over 4.7, across the last 5+ hours. Also there were lots of buys in between those, and leading up to those, and several buys on BitFunder across a few hours taking it up to 4.6 from below 4.4 earlier. If all below 4.7 bought, the remaining over 4.7 will be at the first in the asks price so other users bought it. If you check the btct history the over 4.7 were just recently. 2013-07-18 15:51:17 Market Buy 12 ฿ 4.705 ฿ 56.46 2013-07-18 15:30:13 Market Buy 1 ฿ 4.704999 ฿ 4.704999 2013-07-18 15:30:10 Market Buy 1 ฿ 4.70498 ฿ 4.70498 2013-07-18 12:57:09 Market Buy 58 ฿ 4.7 ฿ 272.6 2013-07-18 12:52:53 Market Buy 10 ฿ 4.7 ฿ 47 2013-07-18 12:23:53 Market Buy 5 ฿ 4.7 ฿ 23.5 2013-07-18 12:06:23 Market Buy 3 ฿ 4.7 ฿ 14.1 2013-07-18 12:06:21 Market Buy 10 ฿ 4.7 ฿ 47 2013-07-18 12:06:19 Market Buy 1 ฿ 4.7 ฿ 4.7 2013-07-18 11:49:18 Market Buy 10 ฿ 4.7 ฿ 47 2013-07-18 11:37:13 Market Buy 1 ฿ 4.7 ฿ 4.7 2013-07-18 10:38:08 Market Buy 1 ฿ 4.7 ฿ 4.7 2013-07-18 10:38:06 Market Buy 10 ฿ 4.7 ฿ 47 2013-07-18 10:38:04 Market Buy 1 ฿ 4.7 ฿ 4.7 2013-07-18 10:38:02 Market Buy 50 ฿ 4.7 ฿ 235 (UK time, so currently 16:20)
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velacreations (OP)
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July 18, 2013, 03:23:22 PM |
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With the new SD money and the big buy at 4.61, I can see us going over 4.8 today, guys. If we get a FC update, then 4.9.
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Franktank
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July 18, 2013, 03:25:16 PM |
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With the new SD money and the big buy at 4.61, I can see us going over 4.8 today, guys. If we get a FC update, then 5.0+.
FTFY
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velacreations (OP)
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July 18, 2013, 03:41:53 PM |
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With the new SD money and the big buy at 4.61, I can see us going over 4.8 today, guys. If we get a FC update, then 5.0+.
FTFY Yeah, could be. I hope FC does an update this week, but I'm not holding my breath.
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Franktank
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July 18, 2013, 03:45:27 PM |
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Yeah, could be. I hope FC does an update this week, but I'm not holding my breath.
Good because there's no correlation with asphyxiation and increasing share prices.
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velacreations (OP)
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July 18, 2013, 03:50:01 PM |
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Yeah, could be. I hope FC does an update this week, but I'm not holding my breath.
Good because there's no correlation with asphyxiation and increasing share prices. I don't know. 2 weeks ago, I had a bag over my head, and the share price dropped.
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Fabrizio89
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July 18, 2013, 04:25:33 PM |
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I think they are waiting for some more competition, the network growth was not that big lately.
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velacreations (OP)
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July 18, 2013, 06:02:54 PM |
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btct has bids now at 4.7...
yeah, and did you notice that TAT gap is basically gone. Oh wait, there it is again, only because AM is now at 4.77
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neilol
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July 18, 2013, 07:21:04 PM |
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What is going on with the price here? Div anticipation for next week? Inside information about blades leaking?
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velacreations (OP)
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July 18, 2013, 07:28:43 PM |
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What is going on with the price here? Div anticipation for next week? Inside information about blades leaking?
there might be some of that, but Satoshi Dice sold out, which means everyone that had shares there got paid a flat rate per share, and that money is now moving to other securities. AM being the best one right now, people are buying shares. BUT, the fact remains that if blades go on sale this week, next week's dividend could be almost double of last week's dividend. As soon as those blades are for sale, the dividend will shoot up.
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neilol
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July 18, 2013, 07:37:46 PM |
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That would do it - didn't realize they were distributing today
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ThickAsThieves
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July 18, 2013, 07:42:15 PM |
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That would do it - didn't realize they were distributing today
No SDICE coins have been distributed yet.
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velacreations (OP)
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July 18, 2013, 07:45:19 PM |
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That would do it - didn't realize they were distributing today
No SDICE coins have been distributed yet. when is that expected to go through?
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culexevilman
Legendary
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Activity: 1064
Merit: 1000
Bitcoin is too valuable to be used as a currency
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July 18, 2013, 08:14:58 PM |
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2013-07-18 15:20:18 Market Buy 1 ฿ 4.859 ฿ 4.859 2013-07-18 14:43:10 Market Buy 10 ฿ 4.888 ฿ 48.88 2013-07-18 14:43:09 Market Buy 1 ฿ 4.887 ฿ 4.887 2013-07-18 14:43:07 Market Buy 1 ฿ 4.87 ฿ 4.87 2013-07-18 14:43:05 Market Buy 2 ฿ 4.869 ฿ 9.738
6B here we go...
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ajolly
Newbie
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Activity: 58
Merit: 0
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July 18, 2013, 08:20:07 PM |
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That would do it - didn't realize they were distributing today
No SDICE coins have been distributed yet. when is that expected to go through? I believe sometime today. A bit longer for PT's.
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velacreations (OP)
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July 18, 2013, 08:24:52 PM |
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I had assumed it already went through.
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