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

Their argument is that it's now $380 instead of $640??

Right, that's just fucking great logic.
If anything that will trigger more players to bid higher then the market price now when they got a chance to get it cheap.
Fucking broken logic, did a woman done came up with this? Cheesy

About the other 90k coins, we don't know what time these will go off on auction and the price could EASILY be more then $400 at that time

Teh Bitcoin has been pumping all week in preparation for this auction. The bit powers that be don't want them auction coins going too cheap. This is my theory

Volume tells the story. Price was drifting higher all week and may continue to do so, but without much enthusiasm. Volume has been tapering off. I'll consider myself lucky to get in a short position near $390 before the buying stops entirely. I'm happy the gov won't get much for their stolen coins.

Volume's tapered off as people wait for the auction to pass. Completely expected.

LOL, okay Citi says the coins are going to go for a steep discount, must sell all my coins, after all they are bitcoin experts Roll Eyes

Everyone says f**k the banks they're slime balls only out for profit and their own means and then pays attention to things that they say, tis funny. Market price is discount, where else can you buy 1000's of coins with no slippage, without having to send millions to an exchange in the middle of nowhere...