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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15220. (Read 26714886 times)

legendary
Activity: 1806
Merit: 1828
There are crazy price differences between GDAX and bitstamp. How come that there are consistent price differences for hours at a time?

Could this be a sign of price manipulation that's rumored to be happening in GDAX? I mean, both exchanges are operating without major issues, trading with big volumes and accepting FIAT deposits... How come there can be long-lived price differences for their BTC pairs?

I wouldn't be surprised if GDAX has some price manipulation going on at all. After all, it is owned by Digital Currency Group. We are all just small fry subjected to Barry's whims.


gdax/$: 13 330

bitstamp/$: 13 321

that is not even one percent difference.

The gap has lessened considerably, recently. Yesterday and Friday the gaps were much larger.
legendary
Activity: 3388
Merit: 3514
born once atheist
I am completely serious.

Why are you bothering to engage this nothing? In the time you wrote that you could've saved a life or invented cold fusion.

Ohh, yeah, I felt on the trap again. Sorry. Sad
Don't worry. He needs some attention, too. It's New Year, let's be good.
Besides, he's good against intruders (inJEWders?). Woof. Woof.

 I swear that character loves being hated.
Either that or he gets bored at those places where his like hang out
because they have the intelligence of a common walnut,
so he comes here instead to spread his delightful good will.
legendary
Activity: 2338
Merit: 2106
There are crazy price differences between GDAX and bitstamp. How come that there are consistent price differences for hours at a time?

Could this be a sign of price manipulation that's rumored to be happening in GDAX? I mean, both exchanges are operating without major issues, trading with big volumes and accepting FIAT deposits... How come there can be long-lived price differences for their BTC pairs?

I wouldn't be surprised if GDAX has some price manipulation going on at all. After all, it is owned by Digital Currency Group. We are all just small fry subjected to Barry's whims.


gdax/$: 13 330

bitstamp/$: 13 321

that is not even one percent difference.
legendary
Activity: 1806
Merit: 1828
There are crazy price differences between GDAX and bitstamp. How come that there are consistent price differences for hours at a time?

Could this be a sign of price manipulation that's rumored to be happening in GDAX? I mean, both exchanges are operating without major issues, trading with big volumes and accepting FIAT deposits... How come there can be long-lived price differences for their BTC pairs?

I wouldn't be surprised if GDAX has some price manipulation going on at all. After all, it is owned by Digital Currency Group. We are all just small fry subjected to Barry's whims.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
There are crazy price differences between GDAX and bitstamp. How come that there are consistent price differences for hours at a time?

Could this be a sign of price manipulation that's rumored to be happening in GDAX? I mean, both exchanges are operating without major issues, trading with big volumes and accepting FIAT deposits... How come there can be long-lived price differences for their BTC pairs?
legendary
Activity: 1806
Merit: 1828


This is just a standard empty block being mined. The block was mined in less than a minute after the last solved block. This is not an attack but pretty standard. Many pools mine empty blocks while they validate the last block. Before they can start including tx, they need to know which transactions in their mempool are already included in the last block. Rather than experience downtime, many pools elect to mine empty blocks during the validation period.
Allright, this looks fairly normal - but what's your opinion on the block with the lost reward?

Error trying to implement RootStock commitment. https://www.reddit.com/r/Bitcoin/comments/7n1ie5/someone_destroyed_125_newly_mined_bitcoins/
legendary
Activity: 2520
Merit: 3038

Block #501853
A new one, but the "unknown" miner only sacrifices only the Tx fee this time.
Number Of Transactions = 1
Transaction Fees   0 BTC

https://blockchain.info/block-height/501853

Viable attack to use when the blockchain is already backlogged with txs?
Somebody needs to start working on a fix.
Hoping it isn't a viable attack in the long term.
Cant keep sacrificing 12.5 BTC unless there is a bigger end game. But can keep sacrificing  fees for keeping the mining fee higher for longer.
Have a bad feeling about this. Mostly the timing. Already a bit too down on price and might end up testing long term support levels .Hope its nothing.



This is just a standard empty block being mined. The block was mined in less than a minute after the last solved block. This is not an attack but pretty standard. Many pools mine empty blocks while they validate the last block. Before they can start including tx, they need to know which transactions in their mempool are already included in the last block. Rather than experience downtime, many pools elect to mine empty blocks during the validation period.
Allright, this looks fairly normal - but what's your opinion on the block with the lost reward?
legendary
Activity: 1806
Merit: 1828

Block #501853
A new one, but the "unknown" miner only sacrifices only the Tx fee this time.
Number Of Transactions = 1
Transaction Fees   0 BTC

https://blockchain.info/block-height/501853

Viable attack to use when the blockchain is already backlogged with txs?
Somebody needs to start working on a fix.
Hoping it isn't a viable attack in the long term.
Cant keep sacrificing 12.5 BTC unless there is a bigger end game. But can keep sacrificing  fees for keeping the mining fee higher for longer.
Have a bad feeling about this. Mostly the timing. Already a bit too down on price and might end up testing long term support levels .Hope its nothing.



This is just a standard empty block being mined. The block was mined in less than a minute after the last solved block. This is not an attack but pretty standard. Many pools mine empty blocks while they validate the last block. Before they can start including tx, they need to know which transactions in their mempool are already included in the last block. Rather than experience downtime, many pools elect to mine empty blocks during the validation period.
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
your so funny
buy sand cus it's not held by banks and it's decentralized sand is the future
Indeed. Sand is a key strategic material, it's the main component of egg timers, which as we all know are a central component of trivial pursuit games....

Damn Arabs are sitting on a gold mine, not oil, but SAND!

(remembers the sand shortages due to big screen tube TV's. Boy that fixed itself......)

Anyway on to Bitcoin, still sitting around 13100 I see. Will be interesting to see if things go up in 2018...

C
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
It's real. One day I was at my desk happily trading on Trex, the next I was carrying bags of cocaine in my rectum. Roll Eyes

it's because one has to be heavily inebriated to play in the alts markets.

legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
All the bugmen who were worshipping these completely centralized cuckchains seemed to have stopped talking about lambos and are now trying to find someone to give them a used Evinrude bass boat motor for a bitcoin.


I don't care who ya are - dat dere's funny.
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
The vast majority of thread participants herein would have never bought such a stupid dumbass centralized manipulated coin,

While they may not have bought it, they may have received it. Anyone who asked got 20,000 XRP back in the day.

Really? 

You are trying to assert that these coins were "free" and/or fairly distributed based on some kind of "ask" scenario? 

You really believe your own bullshit half the time?

A little holiday greeting:  Get the fuck out of here, picnic food eating bear dude.. (   Cheesy  ) 

Get over yourself JJG - your noobishness is on full display.

Yes indeed, 20,000 XRP were given to anyone who provided a Ripple address to which said XRP could be sent. True story.

How could this be about me?

You are such a distraction with your off topic pursuits.  Making me feel like this:   Roll Eyes Roll Eyes

The attentive reader will note that JJG was discussing Ripple in this branch of this thread before I.
legendary
Activity: 2842
Merit: 1511
Quote
Lee Nak-yeon expressed concerns over Korea’s bitcoin craze, warning  that “young people and students are rushing into virtual currency trading to earn huge profits in just a short period of time,” and that “it is time for the government to take action as it could lead to serious pathological phenomena if left unchecked" forcing young people into illegal activities like drug dealing.

Oh yes I came here just for trading but then was forced into using the drugs.  Thats how it works. Roll Eyes

It's real. One day I was at my desk happily trading on Trex, the next I was carrying bags of cocaine in my rectum. Roll Eyes
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
Interesting that the majority feels price will be at 20-22k by the 31st....
I'm still calling $20000 by new year Smiley

that would be one CRAZY run Smiley     if this happens i would almost say to eat my own dick Smiley

John MaCafee!  Is that you?

Aaah Thats good thinking who know’s :-)
legendary
Activity: 2520
Merit: 3038
I am completely serious.

Why are you bothering to engage this nothing? In the time you wrote that you could've saved a life or invented cold fusion.

Ohh, yeah, I felt on the trap again. Sorry. Sad
Don't worry. He needs some attention, too. It's New Year, let's be good.
Besides, he's good against intruders (inJEWders?). Woof. Woof.
legendary
Activity: 1932
Merit: 1610
Self made HODLER ✓
I am completely serious.

Why are you bothering to engage this nothing? In the time you wrote that you could've saved a life or invented cold fusion.

Ohh, yeah, I felt on the trap again. Sorry. Sad
legendary
Activity: 3122
Merit: 1538
yes
it will be the best digital payment system ever known to man...

On that note, I foresee that exchanges will morph into banks (or banks morph into or move towards exchange functions) creating payment gateways on top of cryptocurrency systems and also cryptocurrency card providers slowly but surely building up a secondary payment layer, first between users of the same card (Monaco is going to offer this), later between cryptocurrency credit card providers themselves.

But the option to work outside of all these additional layers remains. That is the power of it all.
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
I am completely serious.

Why are you bothering to engage this nothing? In the time you wrote that you could've saved a life or invented cold fusion.
legendary
Activity: 1932
Merit: 1610
Self made HODLER ✓
Will you have some patience? It looks like LN is coming soon enough.

You cannot be serious.  Do you actually know what LN is?  I'll tell you what it is.  LN is nothing more than establishing bitcoin banks on top of the blockchain.  All of the exact same regulation traditional banks have will be applied to them and bitcoin will be virtually identical to your current banking system.  The only reason it hasn't happened yet is because it's too difficult for them to play whack-a-mole with regulating miners, but the LN "nodes" aka banks are less ambiguous in nature and will be regulated to infinity just like any normal financial services provider or bank.  

The costs, compliance, and amount of lawyers needed will be so high only entities like JP Morgan and Goldman Sachs will run them.  This is how crony capitalism works.  You introduce regulation with compliance requirements and fees so high that only your existing monopoly can participate while all small competitors are eliminated.

Nevermind the fact LN doesn't function in a decentralized manner in the first place.  There is also ZERO incentive for LN nodes aka banks to broadcast transactions to external peers.  There is actually incentive for these bitcoin banks to FORCE a hub and spoke model or cartel collective in order to hold their users hostage for usury fees (just like regular banks do). There's also nothing that stops them from changing usage of bitcoin as settlement to ripple, US dollars, or anything else.  I wrote more on why LN is unworkable on the technical side here:

https://bitcointalksearch.org/topic/m.26860586

I am completely serious. The trees aren't letting you see the forest behind. Yes, LN in its first phase might introduce some sort of "centralization" in that a hub and spoke model will be easier, cheaper and faster to deploy. But:

1- We are talking about L2. I wouldn't have any problem in additional layers more or less de/centralised. You shouldn't too, as they are all optional... just additional layers!

2- That's just at its first stage. It won't be that hard to evolve into a more decentralized structure some time later.

3- Rerouting a big amount of tx's to those (maybe) more "centralised" layers will free up more "space" for direct blockchain tx's.

... And, above all, it will be the best digital payment system ever known to man... Invest now, wait for it, and then fucking sell all your BTC for more shiny metals if that's your thing. Do you have some ethical (or mental) problem getting profits for your investments? No wonder you hate Jews so much. They don't fucking care about all those irrelevant details.
legendary
Activity: 1891
Merit: 3096
All good things to those who wait
At 13300 someone sold 700 BTC on bitfinex down to 12768. Sells like this are highly suspicious and quite often in the last 2 weeks. I am convinced that the xrp company is behind the last attack just like Ver and sockpuppets did before that. This was prepared months ago by gathering hundred of thousands BTC, then sell each time it starts rising. In the meantime they buy of their own offers (mostly) to continue the pump. Fortunately, BTC has only several millions coins in circulation, so this manipulation can't continue longer than few weeks. Hodlers know this and won't fall for their satanic rituals  Grin
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