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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26293. (Read 26717246 times)

legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
I, too, wish that Coinbase would figure out better planning in order that they do NOT run out of coins...

If the price is falling fast, it would be stupid for them to buy lots of BTC beforehand just to be able to sell to people with no delay over the next few days.  The loss could easily wipe out all that they make from fees, and more.  Better leave the clients waiting. 

I believe that is Coinbase's current business decision, in order to NOT be over exposed to downside volatility - however, it may be possible for CB to figure out ways to automatically buy the needed coins on the exchange, at the same time that the customer buys the coin, in circumstances in which they run out of coins.  I don't know the exact solution, but I do agree with you that their business decision is to not over expose themselves to downward BTC price volatility.

The problem I'm having with Coinbase is now they want to control volatility on both sides of the equation: during sharp downturns and sharp upturns.  So this means that they will quickly and mysteriously "run out of coins" during the next bubble as well, which will neuter how high it can go by excluding their customers' influence on the market.  This is not allowing the free market play out appropriately, it is trying to control the market, and that is what worries me about Coinbase.

You are reading wwwwaaaaayyy to much into the situation regarding their control or attempt to control the market.  Their business model is based on transacting coins, and their price between buy and sell is fairly low. Sometimes the price does NOT update quickly enough and sometimes the price gap is bigger on purpose (I think that their software does that to protect themselves from volatility). 

Don't get me wrong, I have outright accused them of manipulation in writing, and they responded to me and I did NOT buy completely their explanation.  NONETHELESS, they are NOT involved in manipulation at any level near what you are implying and what others have also implied.   The facts just do NOT add up to that. 



hero member
Activity: 1106
Merit: 503
BabelFish - FISH Token Sale at Sovryn
whats up with okcoin? trading stopped over there...

I'll say they have a bit of downtime because they are about to introduce futures right now.

lol, downtime because they are introducing future, are you kidding right.
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
whats up with okcoin? trading stopped over there...

I'll say they have a bit of downtime because they are about to introduce futures right now.

joke?
full member
Activity: 154
Merit: 100
playing pasta and eating mandolinos
whats up with okcoin? trading stopped over there...

I'll say they have a bit of downtime because they are about to introduce futures right now.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
So, will it be 440 or 420?

I think it will be even less so dont get excited   Cheesy
newbie
Activity: 28
Merit: 0
well its official max kizzer is no longer a bitcoin millionaire.


it worked? ~ we finally shook that monkey? this is good news for BTC !!!..lets celebrate!!!    Cheesy    weeeeeee~~~

http://4.bp.blogspot.com/-V1YX2ufkUOg/UJMNuhGydYI/AAAAAAAAAOg/5rCpCuIY6Bw/s1600/GIABOetch.JPG
full member
Activity: 157
Merit: 100
One Year Ago




Now is the time to go all in!
Who listened to EM?

Buy the walls guys, 180 is just around the corner.
new prediction new all time high will to be set in September
Not bad, off by a couple weeks!

Why do people suddenly start selling after the price has reached 120? Doesn't make much sense to me?
Shroomy, always looking on the positive side  Grin

legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
well its official max kizzer is no longer a bitcoin millionaire.
Can you elaborate please?

look its max keiser's coins on the front lines

give him what he always secretly wanted, dollars lots of dollars!
and the wall was just eaten.

i'm just speculating...

dont take things i say as serious, i'm a lunatic!

I believe Max want to be a bitcoin billionaire. He won't sell yet  Cool
sr. member
Activity: 364
Merit: 250
This board is so incredibly bipolar.  I love it.

I think we're 7-10 days away from a solid upward trajectory.

I made three separate buys under $470 yesterday and I'm keeping some powder dry.  I think we'll see a little more wailing and gnashing before we find more solid footing.

But what do I know.

Maybe you should sell with profit and buy back under 430!

It's a thought, but I'm not that invested in trying to time THE bottom.  I have my longer-term value targets and right now I am more interested in accumulating BTC for what I consider to be a good price.  

I think I may have another buying opportunity in the next 7-10 days.  We'll see.  But I'd rather be wrong and get left with a little extra fiat that I didn't spend than be wrong the other direction.  At least this way, I'm still hodling the BTC, which is want I want to do.  
full member
Activity: 154
Merit: 100
playing pasta and eating mandolinos
Chaos and confusion, yay!
legendary
Activity: 1498
Merit: 1000
well its official max kizzer is no longer a bitcoin millionaire.
Can you elaborate please?

look its max keiser's coins on the front lines

give him what he always secretly wanted, dollars lots of dollars!
and the wall was just eaten.

i'm just speculating...

dont take things i say as serious, i'm a lunatic!
lol I was ready to follow this clown again @Twitter
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
well its official max kizzer is no longer a bitcoin millionaire.
Can you elaborate please?

look its max keiser's coins on the front lines

give him what he always secretly wanted, dollars lots of dollars!
and the wall was just eaten.

i'm just speculating...

dont take things i say as serious, i'm a lunatic!
hero member
Activity: 1106
Merit: 503
BabelFish - FISH Token Sale at Sovryn
We crossed that small selling wall on 488.76.
Now time again to cross 490 level then touch the 500 mark.
legendary
Activity: 1498
Merit: 1000
well its official max kizzer is no longer a bitcoin millionaire.
Can you elaborate please?
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
well its official max kizzer is no longer a bitcoin millionaire.
legendary
Activity: 2338
Merit: 1035
Isn't triple top among the most bearish patterns??
hero member
Activity: 1106
Merit: 503
BabelFish - FISH Token Sale at Sovryn

There is more then 100 coins selling wall on 488.76,
but there is buyer too who is buying those, it's good sign I think
we are trying to stabilize the price.
legendary
Activity: 1498
Merit: 1000
This board is so incredibly bipolar.  I love it.

I think we're 7-10 days away from a solid upward trajectory.

I made three separate buys under $470 yesterday and I'm keeping some powder dry.  I think we'll see a little more wailing and gnashing before we find more solid footing.

But what do I know.

Maybe you should sell with profit and buy back under 430!
sr. member
Activity: 364
Merit: 250
This board is so incredibly bipolar.  I love it.

I think we're 7-10 days away from a solid upward trajectory.

I made three separate buys under $470 yesterday and I'm keeping some powder dry.  I think we'll see a little more wailing and gnashing before we find more solid footing.

But what do I know.
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