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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20430. (Read 26611230 times)

legendary
Activity: 1792
Merit: 1047
newbie
Activity: 42
Merit: 0
Before we all get too excited at this price pump, there might be something shady happening right now.

I have had Bitcoin withdrawals stuck on Cryptsy for several hours now.

I have sent repeat messages to their support, and was about to ask other users in the chat if they have had any issues, and I have been blocked.

It is possible this pump has been made possible with exchanges trading on funds belonging to their clients.
If you ain't got the private key, you ain't got teh bitcoin Cool
hero member
Activity: 611
Merit: 500
Anglo Saxon Crypto Enthusiast
Before we all get too excited at this price pump, there might be something shady happening right now.

I have had Bitcoin withdrawals stuck on Cryptsy for several hours now.

I have sent repeat messages to their support, and was about to ask other users in the chat if they have had any issues, and I have been blocked.

It is possible this pump has been made possible with exchanges trading on funds belonging to their clients.
There have been cryptsy warning signs that have grown recently which started ever since they got in bed with paycoin.

Luckily there are enough regulated and competing exchanges where price discovery cannot so easily be  manipulated like last time with mtGox.

I would be extremely skeptical with any centralized / unregulated exchange.... including btc-e/

Well that may be comforting for others here I guess.

If Cryptsy pulls an exit scam and takes some of my BTC with it then it puts another twist on this surge anyway :/
hero member
Activity: 798
Merit: 531
Crypto is King.
hero member
Activity: 644
Merit: 509

wow this i awesome day :O :O :O
im very sad because im not have more BTC ,
i hope i can get ~10BTC before price up to $1000

legendary
Activity: 1260
Merit: 1000
Before we all get too excited at this price pump, there might be something shady happening right now.

I have had Bitcoin withdrawals stuck on Cryptsy for several hours now.

What the hell does Cryptsy have to do with Bitcoin price?  It's an altcoin exchange.  Anyone who deals with altcoins has known for months not to deposit anything there.  If they ran off with all the altcoins in the universe it's not going to have any effect on BTC.  Current, past, and future BTC price has nothing to do with Cryptsy.

China spread will likely also continue because:

https://bitcointalksearch.org/topic/m.12870013
legendary
Activity: 994
Merit: 1035
Before we all get too excited at this price pump, there might be something shady happening right now.

I have had Bitcoin withdrawals stuck on Cryptsy for several hours now.

I have sent repeat messages to their support, and was about to ask other users in the chat if they have had any issues, and I have been blocked.

It is possible this pump has been made possible with exchanges trading on funds belonging to their clients.
There have been cryptsy warning signs that have grown recently which started ever since they got in bed with paycoin.

Luckily there are enough regulated and competing exchanges where price discovery cannot so easily be  manipulated like last time with mtGox.

I would be extremely skeptical with any centralized / unregulated exchange.... including btc-e/
sr. member
Activity: 770
Merit: 284
★Bitvest.io★ Play Plinko or Invest!
Before we all get too excited at this price pump, there might be something shady happening right now.

I have had Bitcoin withdrawals stuck on Cryptsy for several hours now.

I have sent repeat messages to their support, and was about to ask other users in the chat if they have had any issues, and I have been blocked.

It is possible this pump has been made possible with exchanges trading on funds belonging to their clients.

There are longer problems with Cryptsy. Take a look in this topic. https://bitcointalksearch.org/topic/cryptsy-stopping-withdraw-locking-accounts-without-notifying-users-class-action-1173703
legendary
Activity: 1105
Merit: 1000
Before we all get too excited at this price pump, there might be something shady happening right now.

I have had Bitcoin withdrawals stuck on Cryptsy for several hours now.

I have sent repeat messages to their support, and was about to ask other users in the chat if they have had any issues, and I have been blocked.

It is possible this pump has been made possible with exchanges trading on funds belonging to their clients.

Er, where have you been? Cryptsy's been having trouble for weeks.
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
Before we all get too excited at this price pump, there might be something shady happening right now.

I have had Bitcoin withdrawals stuck on Cryptsy for several hours now.


Cryptsy is a marginal presence when it comes to USD. If any of the major exchanges were doing that we'd certainly be hearing about it at length and in very large fonts on here.
hero member
Activity: 611
Merit: 500
Anglo Saxon Crypto Enthusiast
Before we all get too excited at this price pump, there might be something shady happening right now.

I have had Bitcoin withdrawals stuck on Cryptsy for several hours now.

I have sent repeat messages to their support, and was about to ask other users in the chat if they have had any issues, and I have been blocked.

It is possible this pump has been made possible with exchanges trading on funds belonging to their clients.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 994
Merit: 1035
Down to $25 spread now  Smiley

I apologize for being anal retentive, but I keep hearing people use the term "spread" to refer to the price "premium" between exchanges. I thought that traders used the term "spread" to refer to the buy and sell price difference within the same exchange and the price difference between exchanges as the "premium"... thus the price premium of Chinese exchanges is 25 dollars higher than US exchanges.

...or is there something I am missing?

Spread is the price between two things - it can be applied to many things,   eg treasuries vs corporate bond is the Spread to Treasuries, spread between Live Pigs and Pork Bellies is "The Dead Spread",
Premium is the price above market or additional cost one has to pay, eg new issue premium is the extra amount an issuer pays above existing stock to issue more.
Both could probably be used , the Spread between Houbi and Stamp is X, The Houbi premium is Y or the BTCE discount is Z

I suppose some people are using the term spread in a more generic sense (but correct ) where most professional currency investors always refer to it in a very narrow case. -- http://www.investopedia.com/terms/s/spread.asp which is leading to a bit of the confusion?

legendary
Activity: 1792
Merit: 1047
hero member
Activity: 798
Merit: 531
Crypto is King.
full member
Activity: 154
Merit: 100
Hey Tamari, go long (;

I really am worried for Tamari... does any one know if he has jumped off a cliff yet or something of the sort? I really hope not, but with all the financial loss he's acquired, I wouldn't doubt it at all.

You really think that any serious trader would have more than an irrelevant fraction of his portfolio in a penny stock like BTC?
Pretty sure he's doing fine.
You, OTOH...

lol, "bitcoin" "penny stock"... keep trying to tell yourself that, and justifying what the bears have lost already... I'm not really trying to rub it in any ones face, I truly feel bad for them. And I'm pretty positive Tarmi isn't some multi billion dollar CEO that can afford to lose 100's of thousands of dollars at whim.

See, your thinking is typical of degenerate gamblers bit-coin investors. No need to be a CEO of a multi-billion dollar co. to know Bit coin for a penny stock being pumped. Or to have a balanced investment portfolio.
Now you know Smiley
hero member
Activity: 703
Merit: 502
legendary
Activity: 876
Merit: 1000
Tarmibear made a sock account!  Cheesy

It's funny how the kids of btc think that everyone takes btc as serious as them. But I think that's understandable that they'r euphoric right now. After couple of years of taking it from behind, they finally get a polite reacharound in return. I bet that their euphoria will eliminate any chance of common sense though, and they will again be too late to get out and will get stuck in the new cycle downwards.

Anyway, if you have experience trading, then missing rises like these don't even tingle a nerve. There are and always will be missed oportunities like these. It doesn't matter if you still play it right in the long run. Only the kids of btc see this as a chance of their lifetime, because, well, btc is their only trading experience in their entire life.

Enjoy this brave pump and keep a cool head if you want to earn anything with this.
hero member
Activity: 854
Merit: 1000
Circle jerk temp check?
hero member
Activity: 703
Merit: 502
Down to $25 spread now  Smiley

I apologize for being anal retentive, but I keep hearing people use the term "spread" to refer to the price "premium" between exchanges. I thought that traders used the term "spread" to refer to the buy and sell price difference within the same exchange and the price difference between exchanges as the "premium"... thus the price premium of Chinese exchanges is 25 dollars higher than US exchanges.

...or is there something I am missing?

Spread is the price between two things - it can be applied to many things,   eg treasuries vs corporate bond is the Spread to Treasuries, spread between Live Pigs and Pork Bellies is "The Dead Spread",
Premium is the price above market or additional cost one has to pay, eg new issue premium is the extra amount an issuer pays above existing stock to issue more.
Both could probably be used , the Spread between Houbi and Stamp is X, The Houbi premium is Y or the BTCE discount is Z

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