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That's true, it could just have been an early surge of people wanting to get in because the price of bitcoin is up.
It's starting to slow down and it looks like the MM's are leveling off the price.
Price dipped a little but 2.5 mil shares sold in the first 10 minutes is a good sign on a stock that has a 12.6 million share 10 day average.
1 Mil shares sold in the first 2 minutes is looking good.
Sales before opening bell look good.
Looks like it's gonna dip today. Bitcoin is down and it's time for the Friday sellers to take some profit. If Bitcoin spikes back up over the weekend I'm sure we'll have a green Monday.
I'm pretty sure that's exactly what happened to Bitcoin Gold already. Even though Bitcoin dropped a little, Bitcoin Gold dropped 66% from its opening. It also got hit with a DDOS attack. From where you ask? The Chinese. And they have a ton of Bitcoin farms, so not surprising really.
Thanks! I guess I could have stated that more clearly. It didn't dawn on me that I might panic somebody who owned actual Bitcoin into thinking they lost money.
They've been talking about it for a while. I just didn't realize it was yesterday.
bitcointicker.co is my source. The news section at the top has a drop down arrow. Go to archive and it has the latest news postings. Those will explain it all.
Yeah. They posted a 10Q, 8-k and a form D yesterday. These were all part of the requirements to proceed with the merger. At least that's what I'm assuming BTCSD means. If not then I have no idea.
I was referring to Bitcoin forking into Bitcoin and Bitcoin Gold. The fork dropped the price of Bitcoin about $300 and as of this writing it's at $5,450.
From what I've read everybody who owned Bitcoin when the fork occurred is to receive an equal amount of Bitcoin Gold. I'm not sure what BGold is trading at right now.
I'm concerned the hard fork in Bitcoin is going to keep this from running as much as it normally would have. I mean come-on! The 10Q coincidentally (no conspiracy suggested-just bad luck) comes out on the same day as the Bitcoin/Bitcoin Gold fork. What are the friggin chances?
This makes me want to slap the gods of coincidence across the face and call their moms names.
And don't even get me started on the whole Batman V Superman business. Just sayin. Deletable because it's off topic? Yeah, I'm cool with that.
I once did some work for a bank on a condo in a high rise in San Francisco.
It was an 800 square foot one bedroom one bath unit that had been repossessed and was valued at $800,000 as a REPO! And that was ten years ago.
Gapping up
Bitcoin bouncing off $5,700 right now.
And there you go. They're selling those shares they bought in the .19's for in the .20's
Right now it looks to me like the MM's are taking the price down in order to load shares. I keep seeing the signal "500" to gap the stock.
LOL!! I stand corrected.
Looks like current resistance is .21
Booom!
Gap and trap, T trade or gap up I don't know. But it's gonna be fun to watch today. And by the way, ARCA was sending the MM signal of 100 shares traded. And that means, "I need shares"
It doesn't seem like a gap and trap because they could have done that with 10k shares. And if it were a T trade left over from yesterday why would they have bought shares a penny above the ask? I'm confused.
And now 130k shares go through at 8:03 AM at .1868
What to flock? ARCA bidding 130k shares at .1868?
Bitcoin above $5,200.
I love how there was such a high volume of trades yesterday with the price tanking the day before the news came out.
Although the uptrend today is pretty encouraging. But it doesn't seem like the MM's want it to get over .33 at the moment. I saw a signal in the Level 2 when it hit .33 that meant "provide resistance." After that it stayed at .33 for a bit and then dropped.
Hard to say. I don't see anything in the news or SEC filings that isn't something we don't already know.
Yep, sure enough. Lol, what kind of idiot at BTCS does all that work on a 10Q and then ends up turning it in a day late? It was either on purpose for some unknown nefarious reason or is an elevated level stupidity that might better be described as dumb*ssery!
So, not delinquent. At least based on that.
According to the same site they filed their 10Q-Quarterly financials, on 08/10/2017 for the period ending 03/31/2017.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12224169
So I think maybe they just haven't updated the "delinquent" reporting section properly.
Put him on ignore, he brings nothing to the BTCS discussion.
Nice! The funniest story I ever heard was, with a straight face, an old friend described to me how he and a neighbor saw Bigfoot trying to, Ahem...get busy, with a goat. He wasn't joking and when I laughed he said "No really, we really saw it!"
That's hilarious! I took a photo of your post and texted it to my wife. I texted "I finally found a stock you'd be interested in!"
She's a huge fan of Bigfoot. Even though they've never found any scientific evidence, hard proof etc...Ya, I like to razz her about it.
You and me both! But like I said in my last post it caught me off guard and I froze.
Thought about buying at that price but the magnitude of that drop blew my mind and I froze. Two minutes later is jumped back up to .0020 and then two minutes after that it went to .0025.
You snooze you lose. Ahhh...UOIP you punked me again.
Wow! Major selloff dropped the price down to .0014.
Lol, literally textbook manipulation.
"Some ways MM's entice sellers; Run the stock up with a "tight spread" in a fast market, then "open" up the spread to slow down the buying interest. After it has "cooled off" for a little while lower the offer below the last trade right after a small piece trades on the offer then tighten the spread so that the sellers feel they can take a "quick profit" by "hitting the bid" on the tight spread."
Yeah, there were lots of trades for 50k and higher that didn't show up on the L2