Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22745. (Read 26714992 times)

hero member
Activity: 667
Merit: 500
if u are selling or shorting now you must be stupid.

we all know price will go up eventually, thats why we all are here, even the trolls.

there must be another bubble, all know it. But the question is when it happens.

I guess it will happen after the resolution of the mtgox desaster and all fbi coins sold.

in long term it can only go up, fundamentals havent changed.



Today a very clear triple top formed on Bitstamp, which ordinarily would be screaming to put in a short @ that level once the second happened, but after the third top we're getting a lot of chop instead of any kind of normal downward retracement, it's like we're working off different fib levels all of a sudden. Anybody have any insight into what's going on w/ the technicals?
sr. member
Activity: 316
Merit: 250

[2015-27-02] Intel looking for Crypto-developers

[2015-2-27] Kim Dotcom's Mega could use bitcoin after Paypal ceases processing p

[2015-2-26] Ecuador launches new digital currency – but most residents know litt

[2015-2-26] OKCoin Gives Away $1.6 Million in Bitcoin For Chinese New Year

[2015-02-25] Bitcoin futures market just changed the game

[2015-2-25] Bitcoin revolution could be the next internet, says Bank of England

[2015-2-25] BitGo Unleashes FDIC-like Insurance Ushering in a New Era of Bitcoin

[2015-2-25] RE/MAX London Accepts Bitcoin, Litecoin and Dogecoin in Pilot Progra
      
[2015-2-25] Ex Goldman Director Launches Bitcoin Derivatives Brokerage


hero member
Activity: 601
Merit: 503
if u are selling or shorting now you must be stupid.

we all know price will go up eventually, thats why we all are here, even the trolls.

there must be another bubble, all know it. But the question is when it happens.

I guess it will happen after the resolution of the mtgox desaster and all fbi coins sold.

in long term it can only go up, fundamentals havent changed.

legendary
Activity: 1596
Merit: 1061
Smile
dat wall

all this in a week talk about bullish
       
[2015-27-02] Intel looking for Crypto-developers

[2015-2-27] Kim Dotcom's Mega could use bitcoin after Paypal ceases processing p

[2015-2-26] Ecuador launches new digital currency – but most residents know litt

[2015-2-26] OKCoin Gives Away $1.6 Million in Bitcoin For Chinese New Year

[2015-02-25] Bitcoin futures market just changed the game

[2015-2-25] Bitcoin revolution could be the next internet, says Bank of England

[2015-2-25] BitGo Unleashes FDIC-like Insurance Ushering in a New Era of Bitcoin

[2015-2-25] RE/MAX London Accepts Bitcoin, Litecoin and Dogecoin in Pilot Progra
      
[2015-2-25] Ex Goldman Director Launches Bitcoin Derivatives Brokerage
legendary
Activity: 1512
Merit: 1000
@theshmadz
there is a serious sale going on at CaVirtex right now. maybe the closing is causing some panic, or maybe people are worried about the ability to sell large quantities anymore afterwards so are taking the hit now ... but the sale is on. lucky if you got some cash on there and are a bull.



I did some arb the other day moving my $ funds to another exchange, and today the arb opportunity is twice as good. I guess alot of poeple are simply cashing out to fiat and withdrawing to their bank account because of the shutdown, i wonder how long these prices are going to last, is it worth wiring more money to virtex... hmm... probably!

Can you still wire money in? Do they take CAD deposits still?

i believe so, it doesn't say its disabled... ill have to try it out later.

From CaVirtex website
Quote
Effective immediately, CAVIRTEX intends to cease carrying on an active Bitcoin business and will be winding down its operations in an orderly manner. As a result, effective immediately, no new deposits will be accepted by CAVIRTEX. Trading on CAVIRTEX will be halted effective March 20, 2015. Effective March 25th, 2015, no withdrawals will be processed. CAVIRTEX will communicate with any account holders that continue to hold balances after March 25, 2015.

I would not recommend trying to deposit.
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
Support is so thin
legendary
Activity: 1792
Merit: 1047
6PM EST 2015/02/27
sr. member
Activity: 406
Merit: 251
Some pie charts I made for Oslo Bitcoin Meetup I arranged last weekend.

I know, the local currency data are from 2013 (the most recent I could get from the world bank), the conversion rates are several weeks old, and the model is just a model.

The potential value of bitcoin is measured in terms of the current value of USD.

(And it's based on a supply of 14.000.000 BTC).

Now: Kill my little optimistic charts  Wink

https://imgur.com/KA8CuED
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 896
Merit: 1000
can't you close your position but keep USD swaps reserved?

If so I have not figured out how

it would be awesome if so!
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
Because we all know what security is, please don't entrust your bitcoin wallets ONLY on SSD drives. They tend to fail too... What's more important is, that they're harder to recover. Undecided

I have backups of the wallet. I run Bitcoin off of the spinning disk because space and because it's not my primary wallet anyway. I'm actually considering moving away from running a full node.

I don't run a full node because I sync my cold wallet only once every 6 months or longer. I once ran one at work though.
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Because we all know what security is, please don't entrust your bitcoin wallets ONLY on SSD drives. They tend to fail too... What's more important is, that they're harder to recover. Undecided

I have backups of the wallet. I run Bitcoin off of the spinning disk because space and because it's not my primary wallet anyway. I'm actually considering moving away from running a full node.
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.

Regardless I would choose SSD over HDD for any application. You simply can't go back after using them. Plus you get hardware level drive encryption.

I use both in my home system. The SSD is getting a bit full though and it's getting time for an upgrade.

Because we all know what security is, please don't entrust your bitcoin wallets ONLY on SSD drives. They tend to fail too... What's more important is, that they're harder to recover. Undecided
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Regardless I would choose SSD over HDD for any application. You simply can't go back after using them. Plus you get hardware level drive encryption.

I use both in my home system. The SSD is getting a bit full though and it's getting time for an upgrade.
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Ps: i recently moved my blockchain files from my 128GB SSD to an HDD, and was shocked how much longer loading bitcoin-qt took. It went from being about 40-60 second loadtime to 3-4 minutes. SSD drives are the future, and will make read/write/storage of the blockchain quick and simple



But most of the blockchain is static, unused data, making it a poor candidate for SSD. And I wonder it Bitcoin is SSD friendly. Does it do a lot of read/writes or is that mostly when a block comes in? I wonder if it would make sense to have the client split the blockchain to use the appropriate device for the appropriate use case. Maybe this could be done with symlinks on *nix.

What he's referring to is the startup where blocks are verified during the splash screen, in this situation an SSD is massively massively faster. I did exactly the same thing a while back during the 0.9.x-era and noticed the same.

Does it verify all of the blocks? If so, that makes sense.
legendary
Activity: 2702
Merit: 2053
Free spirit
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
legendary
Activity: 1792
Merit: 1047
Jump to: