Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17974.

Bitcoinb0b

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Quote from: ImI on January 04, 2017, 06:52:36 PM

something that one can observe very often:

if stamp moves either up or down that move is also made by the other exchanges, be it huobi, okcoin, finex, whatever

but if lets say huobi starts a big move and stamp doesnt follow, then thats it. huobi backs off and comes back again.

so stamp is the one that has to "confirm" any movement in china, if that doesnt happen then the move fails.

edit: thats why its so interesting at the moment. lets see if china has to back off or they have the power to drag stamp higher.

not really, china always controls the price.

BlindMayorBitcorn

legendary

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I remember at a low we used to consider the Bitcoin basically an index of dark market penetration. But global value pent up against capital controls must be the biggest market in history, and we're sitting in the middle of it. Isn't it?

Killerpotleaf

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A Blockchain Mobile Operator With Token Rewards

Quote from: marcus_of_augustus on January 04, 2017, 07:07:20 PM

Looks to me like a massive dead short is trying to escape their position ... $10 spread on the BearSwamp and 30-50 arb with other USD exchanges.

I trust itBit more who have a chartered NY Bank Trust and doing decent volumes now.

i like watching itBit too.

lightfoot

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I fix broken miners. And make holes in teeth :-)

Quote from: BlindMayorBitcorn on January 04, 2017, 07:18:33 PM

I always told myself on the off chance we ever reached $1000 again I'd sell. Now that we've blown past I have no compass. Undecided

Your compass should be pointing towards the moon.

Still, I have to say I was disappointed to log in this evening and only see 1120 on Finex. I really need to have my reality adjusted a bit here.

Killerpotleaf

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Quote from: RCan06 on January 04, 2017, 07:04:27 PM

Quote from: ImI on January 04, 2017, 07:00:53 PM

Quote from: RCan06 on January 04, 2017, 06:57:45 PM

Haven't posted here in a while, but still read daily.

It's been a long 3 years of ups and downs, but I want to join the ATH celebration.

I assume we're not following Huobi. That $110 arbitrage, hows that holding?

move btc to china -> sell -> get fiat -> and then?

its hard to get fiat out of china, thats why arbitrage doesnt work well. most likely you need connection to get fiat out.

Ah, makes sense. I always overlook fiat problems ha. Still a wild price difference

right eh, and i have a feeling that china's capital controls are only getting tighter and tighter
bitcoin is a way for them to get capital out, but this means their BTC markets are bleeding supply while demand is rising.
no wonder there's such a price dif.

BlindMayorBitcorn

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Quote from: gentlemand on January 04, 2017, 07:21:18 PM

Quote from: BlindMayorBitcorn on January 04, 2017, 07:18:33 PM

I always told myself on the off chance we ever reached $1000 again I'd sell. Now that we've blown past I have no compass. Undecided

That would be a tad daffy but do what makes you happy. I have a feeling that it would make you very extremely unhappy later on in the year but who knows?

I'm not rushing to the exits. It's only monies.

Killerpotleaf

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Quote from: hulla on January 04, 2017, 07:14:57 PM

Quote from: Killerpotleaf on January 04, 2017, 05:43:44 PM

i honestly think 1337 in ~10-20 mins.

Are you serious cos my prediction is that the price will be at round $1300- $1800 first quarter of this year

any second now.

gentlemand

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Welt Am Draht

Quote from: BlindMayorBitcorn on January 04, 2017, 07:18:33 PM

I always told myself on the off chance we ever reached $1000 again I'd sell. Now that we've blown past I have no compass. Undecided

That would be a tad daffy but do what makes you happy. I have a feeling that it would make you very extremely unhappy later on in the year but who knows?

RCan06

sr. member

Activity: 325

Merit: 255

Quote from: ImI on January 04, 2017, 07:09:10 PM

Quote from: RCan06 on January 04, 2017, 07:04:27 PM

till a wild price difference

yeah, but arbitrage is always a percentage-value and percentage wise we are basically at 10%. i guess thats pretty normal for stamp-china, its just that these days 10% is much more than when we traded at $600

True, I'm thinking breaking an ATH on BTCChina, Huobi and Okcoin helped push the value a little higher at a quicker pace as well. Bitstamp looks a little confused though....or more level headed haha

BlindMayorBitcorn

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I always told myself on the off chance we ever reached $1000 again I'd sell. Now that we've blown past I have no compass. Undecided

hulla

hero member

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Quote from: Killerpotleaf on January 04, 2017, 05:43:44 PM

i honestly think 1337 in ~10-20 mins.

Are you serious cos my prediction is that the price will be at round $1300- $1800 first quarter of this year

ImI

legendary

Activity: 1946

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i love that bitstamp is consolidating. seriously thats soo important to really being able to get above that ath and STAY there.

ImI

legendary

Activity: 1946

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Quote from: RCan06 on January 04, 2017, 07:04:27 PM

till a wild price difference

yeah, but arbitrage is always a percentage-value and percentage wise we are basically at 10%. i guess thats pretty normal for stamp-china, its just that these days 10% is much more than when we traded at $600

marcus_of_augustus

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Eadem mutata resurgo

Looks to me like a massive dead short is trying to escape their position ... $10 spread on the BearSwamp and 30-50 arb with other USD exchanges.

I trust itBit more who have a chartered NY Bank Trust and doing decent volumes now.

RCan06

sr. member

Activity: 325

Merit: 255

Quote from: ImI on January 04, 2017, 07:00:53 PM

Quote from: RCan06 on January 04, 2017, 06:57:45 PM

Haven't posted here in a while, but still read daily.

It's been a long 3 years of ups and downs, but I want to join the ATH celebration.

I assume we're not following Huobi. That $110 arbitrage, hows that holding?

move btc to china -> sell -> get fiat -> and then?

its hard to get fiat out of china, thats why arbitrage doesnt work well. most likely you need connection to get fiat out.

Ah, makes sense. I always overlook fiat problems ha. Still a wild price difference

ImI

legendary

Activity: 1946

Merit: 1019

Quote from: RCan06 on January 04, 2017, 06:57:45 PM

Haven't posted here in a while, but still read daily.

It's been a long 3 years of ups and downs, but I want to join the ATH celebration.

I assume we're not following Huobi. That $110 arbitrage, hows that holding?

move btc to china -> sell -> get fiat -> and then?

its hard to get fiat out of china, thats why arbitrage doesnt work well. most likely you need connection to get fiat out.

willope

sr. member

Activity: 366

Merit: 261

BTC-e $1085
Huobi $1237(8578 cny)
Huh

RCan06

sr. member

Activity: 325

Merit: 255

Haven't posted here in a while, but still read daily.

It's been a long 3 years of ups and downs, but I want to join the ATH celebration.

I assume we're not following Huobi. That $110 arbitrage, hows that holding?

ImI

legendary

Activity: 1946

Merit: 1019

something that one can observe very often:

if stamp moves either up or down that move is also made by the other exchanges, be it huobi, okcoin, finex, whatever

but if lets say huobi starts a big move and stamp doesnt follow, then thats it. huobi backs off and comes back again.

so stamp is the one that has to "confirm" any movement in china, if that doesnt happen then the move fails.

edit: thats why its so interesting at the moment. lets see if china has to back off or they have the power to drag stamp higher.

HairyMaclairy

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Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Quote from: TeeBone on January 01, 2017, 02:34:18 PM

Quote from: Master mind on January 01, 2017, 02:14:43 PM

When start legendary shill accounts fud and dump coins ?

At $1150, is my assertion.

It is time.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17974. (Read 26707432 times)