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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22746. (Read 26714966 times)

legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
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.



Unfortunately my Cavirtex fiat account contains only $0.02 and they're not accepting deposits.

In fact, I just withdrew all my bitcoins from Cavirtex today, and they're safely in one of my paper wallets with 32 confirmations so far.

I don't see why people would be panicking. Cavirtex hasn't lost anyone's money and withdrawals are proceeding just fine.
legendary
Activity: 1148
Merit: 1001
We've seen a bottom, nothing is stopping this train now.
A slow climb back upto 1000 USD before the next halving.

When has Bitcoin exerienced slow climbs?  Slow declines appear to be common but the rises never seem to be very slow.  Undecided

They don't last as long as the slow declines have, but they certainly happen:

http://bitcoincharts.com/charts/mtgoxUSD#rg60zczsg2013-6-30zeg2013-10-30ztgSzm1g10zm2g25zv

Here's a good example of the slow climb that preceded the November 2013 ATH.

Edit: Not saying we will see the same of either again, as the market is much different now - but we have seen it before.  I definitely do not think it would remain slow up to/past $1000... - if it goes that high, it will be on the back of a much more violent honeybadger.


But even the "slow climb" in October 2013 was followed by a huge spike to the November ATH.  I guess we could have another month of slow growth but if that is the case I would still expect a bubble at the end. Wink
hero member
Activity: 728
Merit: 500
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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.

How long does it take to wire money there? If it takes a week all the cheap bitcoins will have been sold by the time your money arrives.

You can do same-day Interac deposits, up to $1,000 a day.

INTERAC Online
Send Money in by INTERAC Online
Fee: $25.00
Sign Up
Processing Time: Same day
Daily Limit: $1,000
Minimum: $100
Monthly Limit: $5,000
Verification: Level 1 or Level 2

https://www.cavirtex.com/deposit_methods

not with my bank card i cant.... i try a few months back and my bank wasn't listed.
anyway that crazy high fee with really eat into wtv profits i could make from the arb.

i have to go direct withdrawal, only 5$ with 9K$
full member
Activity: 131
Merit: 100
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.

How long does it take to wire money there? If it takes a week all the cheap bitcoins will have been sold by the time your money arrives.

You can do same-day Interac deposits, up to $1,000 a day.

INTERAC Online
Send Money in by INTERAC Online
Fee: $25.00
Sign Up
Processing Time: Same day
Daily Limit: $1,000
Minimum: $100
Monthly Limit: $5,000
Verification: Level 1 or Level 2

https://www.cavirtex.com/deposit_methods
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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.

How long does it take to wire money there? If it takes a week all the cheap bitcoins will have been sold by the time your money arrives.

thats what i'm worried about... with the funding method i use it takes 3-5 days...

I have thought about doing this but it seems risky. The money might disappear with what is going on lately.
this is also a worry... altho they seem to have it locked down pretty tight can only send coins out the the address you set as your refund address, worst that can happen is the hacker buys and sends you some more coins.
sr. member
Activity: 348
Merit: 250
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.

How long does it take to wire money there? If it takes a week all the cheap bitcoins will have been sold by the time your money arrives.
legendary
Activity: 3808
Merit: 1723
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.

I have thought about doing this but it seems risky. The money might disappear with what is going on lately.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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.
legendary
Activity: 2604
Merit: 1748
We've seen a bottom, nothing is stopping this train now.
A slow climb back upto 1000 USD before the next halving.

agree that, i think we will see 300 before march ?



300 in ~24-48 hours

┗(°0°)┛

Welcome back Adam, you've been missed.
legendary
Activity: 1792
Merit: 1047
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?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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!
hero member
Activity: 756
Merit: 500
i want to sell off some of this margin position to lock in/hope for lower to rebuy

but usd swap is becoming hard to get at decent rates :/


yo troll/bears. go lend your USD >14% interest a year!

can't you close your position but keep USD swaps reserved?
full member
Activity: 232
Merit: 100
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.

donator
Activity: 2772
Merit: 1019
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.

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.

You also get hardware level drive encryption with any recent cpu (there are benchmarking tools to ease selection of the correct stream cipher (or block cipher?) that is acellerated on your cpu). Privacy-wise, I'm not sure where I'd rather have the hw encryption stuff, in the cpu or in the hd controller.

example:

Code:
#> cryptsetup benchmark

# Tests are approximate using memory only (no storage IO).
PBKDF2-sha1       498372 iterations per second
PBKDF2-sha256     248242 iterations per second
PBKDF2-sha512     164250 iterations per second
PBKDF2-ripemd160  375027 iterations per second
PBKDF2-whirlpool  204161 iterations per second
#  Algorithm | Key |  Encryption |  Decryption
     aes-cbc   128b   562.4 MiB/s  1891.0 MiB/s
 serpent-cbc   128b           N/A           N/A
 twofish-cbc   128b           N/A           N/A
     aes-cbc   256b   415.0 MiB/s  1453.0 MiB/s
 serpent-cbc   256b           N/A           N/A
 twofish-cbc   256b           N/A           N/A
     aes-xts   256b  1642.0 MiB/s  1648.0 MiB/s
 serpent-xts   256b           N/A           N/A
 twofish-xts   256b           N/A           N/A
     aes-xts   512b  1281.0 MiB/s  1284.7 MiB/s
 serpent-xts   512b           N/A           N/A
 twofish-xts   512b           N/A           N/A
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2604
Merit: 1748
Any other Brits on here?

Daily lurker, occasional poster, long term holder, Brit. 

Mustn't grumble ;-)
hero member
Activity: 924
Merit: 1000
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.

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.
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