Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17324.

Lauda

legendary

Activity: 2674

Merit: 3000

Terminated.

Quote from: Elwar on May 02, 2017, 05:15:52 AM

Not much we can do about that. Looks like the price will never go above $1436.

Cry

I know that you're being sarcastic, or at least hope that you are. The "mini-wall" has been eaten:

New Bitstamp ATH $1440. Does anyone remember when reaching gold parity was interesting? Cheesy

JakaE

member

Activity: 78

Merit: 10

Quote from: Ted E. Bare on May 02, 2017, 05:18:15 AM

I give it a couple of hours. No sell wall can hold bitcoin down.

*minutes

adaseb

legendary

Activity: 3808

Merit: 1723

If you take the GDAX/Gemini rate and multiple by USD/CAD you get exactly $2002

1 BTC =

mike4001

sr. member

Activity: 443

Merit: 260

Quote from: Wexlike on May 02, 2017, 05:18:53 AM

I just took some profit, thank you Bitcoin.

In at 410$, out at 1400$. Don't worry guys, it's just my trading stash, not cold storage. Grin

You could have waited for $ 1410 for the full $ 1000 profit Cheesy

Wexlike

legendary

Activity: 1473

Merit: 1086

I just took some profit, thank you Bitcoin.

In at 410$, out at 1400$. Don't worry guys, it's just my trading stash, not cold storage. Grin

Ted E. Bare

hero member

Activity: 658

Merit: 503

Bear with me

I give it a couple of hours. No sell wall can hold bitcoin down.

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Quote from: Lauda on May 02, 2017, 05:08:11 AM

There are some pathetically desperate bears on Bitstamp:

Is this all they've got? Here's a gem from the past, i.e. the slaying of a bearwhale (30k BTC): https://www.youtube.com/watch?v=-uX_bB_4VJk

Not much we can do about that. Looks like the price will never go above $1436.

Cry

Lauda

legendary

Activity: 2674

Merit: 3000

Terminated.

There are some pathetically desperate bears on Bitstamp:

Is this all they've got? Here's a gem from the past, i.e. the slaying of a bearwhale (30k BTC): https://www.youtube.com/watch?v=-uX_bB_4VJk

AZwarel

sr. member

Activity: 401

Merit: 280

This is getting interesting. Wondering if we ever see 3 digits anymore Cheesy

mainpmf

sr. member

Activity: 448

Merit: 250

Quote from: julian071 on May 02, 2017, 04:43:28 AM

This is getting rediculous. I'm starting to feel that selling a good part of my stash a while ago wasn't the great idea I thought it was at the time Grin

Ahahah
Well if you sold just a part, it wasn't maybe such a bad idea.
I'm not so sure about the stability of this pump. But for reasons beyond my understanding, it seems to not lose too much momentum...

Anyway even with a 100$ correction it would still be a very good month for btc price ^^

julian071

hero member

Activity: 1132

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This is getting rediculous. I'm starting to feel that selling a good part of my stash a while ago wasn't the great idea I thought it was at the time Grin

Lauda

legendary

Activity: 2674

Merit: 3000

Terminated.

Quote from: mike4001 on May 02, 2017, 03:40:49 AM

Quote from: 600watt on May 02, 2017, 03:23:21 AM

new stamp ath incoming...

USD 1422 at the moment.

Wasn't it a little bit higher yesterday?

The Bitstamp ATH is $1425. We are ~$3 away from a new one (although the small changes in ATH are irrelevant). You can easy check this out on any chart: https://bitcoinity.org/markets/bitstamp/USD

Quote from: JayJuanGee on May 02, 2017, 03:46:45 AM

From your description, it looks like a large majority of those would be liquidated by $1500 and there are only a marginal additional number after $1500... so even somewhere between $1500 and $1600 could be reasonable for this particular pump.. gosh no guarantees, but decent incentives remain.. but we also have to remember that bitfinex is already in the mid $1500s while everyone else is in the mid $1400s.. .. yet getting another $100 out of this pump does not seem to be too fantastical a hypothesis

The bank transfers in countries that had a holiday yesterday should be processing today. Therefore, I do not see a reason for which this shouldn't continue at least for a little while longer.

JayJuanGee

legendary

Activity: 3920

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Self-Custody is a right. Say no to"Non-custodial"

Quote from: Lauda on May 02, 2017, 03:40:29 AM

What are the targets for today, $1450 - $1500 on BitStamp? There is some talk about short liquidation if Bitfinex hits $1600 which could slingshot it much further.

Here's fresh data:

Quote

Bitstamp | There are currently 982.38728 bitcoins offered at or under 1500.0 USD, worth 1433594.02869 USD in total. | Data vintage: 0.0343 seconds
Bitfinex | There are currently 1312.4168 bitcoins offered at or under 1600.0 USD, worth 2071869.47179 USD in total. | Data vintage: 0.0040 seconds

From your description, it looks like a large majority of those would be liquidated by $1500 and there are only a marginal additional number after $1500... so even somewhere between $1500 and $1600 could be reasonable for this particular pump.. gosh no guarantees, but decent incentives remain.. but we also have to remember that bitfinex is already in the mid $1500s while everyone else is in the mid $1400s.. .. yet getting another $100 out of this pump does not seem to be too fantastical a hypothesis

mike4001

sr. member

Activity: 443

Merit: 260

Quote from: 600watt on May 02, 2017, 03:23:21 AM

new stamp ath incoming...

USD 1422 at the moment.

Wasn't it a little bit higher yesterday?

Lauda

legendary

Activity: 2674

Merit: 3000

Terminated.

What are the targets for today, $1450 - $1500 on BitStamp? There is some talk about short liquidation if Bitfinex hits $1600 which could slingshot it much further.

Here's fresh data:

Quote

Bitstamp | There are currently 982.38728 bitcoins offered at or under 1500.0 USD, worth 1433594.02869 USD in total. | Data vintage: 0.0343 seconds
Bitfinex | There are currently 1312.4168 bitcoins offered at or under 1600.0 USD, worth 2071869.47179 USD in total. | Data vintage: 0.0040 seconds

yugo23

sr. member

Activity: 476

Merit: 252

Quote from: MNDan on May 02, 2017, 12:29:27 AM

I kinda wanna stay up for the Bitfinex short ass-pounding, but it's time for bed. $1800 by morning?

Lol, maybe not so much xD

But I gotta admit it's a bit of a dream right now...

Ted E. Bare

hero member

Activity: 658

Merit: 503

Bear with me

More sandwiches for us.

600watt

legendary

Activity: 2338

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new stamp ath incoming...

simmo77

sr. member

Activity: 373

Merit: 250

Quote from: Cassius on May 02, 2017, 03:06:34 AM

Stamp for USD. Finex obviously is inflated and it doesn't make sense to use a price you can't actually sell at.
Coinfloor for GBP. Strangely prices there are slightly over the odds when converting from USD at the current exchange rate. But since you can really buy and sell real bitcoins for real fiat there, it's a legit price.

Thanks guys. I'm very similar, I ignore Finex and watch Stamp for USD and my local (AUD) vendor Coinjar is always over the odds but its my only convenient option.

Cassius

legendary

Activity: 1764

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Quote from: simmo77 on May 02, 2017, 01:59:00 AM

Quick straw poll, if you'd be so kind.

With the spread of prices I'm curious... Which source do you take your "current BTC price" from?

An exchange -> which one? Bitcoinaverage? OTC Vendor price?

Thanks

Stamp for USD. Finex obviously is inflated and it doesn't make sense to use a price you can't actually sell at.
Coinfloor for GBP. Strangely prices there are slightly over the odds when converting from USD at the current exchange rate. But since you can really buy and sell real bitcoins for real fiat there, it's a legit price.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17324. (Read 26610040 times)