Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23733.

esse83

hero member

Activity: 545

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https://twitter.com/nejc_kodric/status/552861244714405891

Quote

We are fully rebuilding our systems from the ground up so that customers can use @Bitstamp with full confidence and trust. - Nejc Kodrič

Uhm

Prepare for launch any second now! We are mere hours away before they have rebuilt the entire site from the ground up Tongue

oldm8

newbie

Activity: 56

Merit: 0

Quote from: catena5260 on January 07, 2015, 10:10:58 AM

Quote from: xyzzy099 on January 07, 2015, 09:52:14 AM

Quote from: JorgeStolfi on January 07, 2015, 09:36:47 AM

Quote from: camolist on January 06, 2015, 05:27:55 PM

major exchange offline for a day and no big movements at other exchanges Shocked

Minor exchange in Slovenia offlne for a day, Chinese short-term speculators do not care. Tongue

I believe Bitstamp is in the UK now, isn't it?

They are from slovenia or something but operate in UK

Their address in UK is Jupiter House, Calleva Park, Aldermaston, Reading, West Berkshire RG7 8NN its a low rent business park. see google maps streetview https://www.google.co.uk/maps/@51.361939,-1.163763,3a,75y,94.43h,85.06t/data=!3m4!1e1!3m2!1s1bXD1B5RcL98nEvhb1UCsg!2e0 for a flavour of the esteemed office.
If you google this you will see there are hundreds of businesses registered here. I think theirs is unit no5.

Despite me knowing this I am one of the fuckwit suckers owed 3 Bitcoins I just bought at $270. I didnt immediately send them to my cold storage address. They are not looking so cheap now. Fortunately all the rest of my coins are safe in cold storage.

Just awaiting the news that the Bitstamp crew have been seen boarding a jet to whatever Shangri la Karples is hanging out in. Followed by the announcement of further bad news that all the cash and coins have vanished.

Oh well it could have been worse I could have been killed by the nutters of god at Charlie Hebdo magazine office in Paris today.

Cartoon Pictures of the Prophet Muhamed anyone?

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Bitfinex

Explanation

octaft

sr. member

Activity: 476

Merit: 250

Quote from: ejinte on January 07, 2015, 12:45:21 PM

Ok cool

Next time he gets an attitude with you, just hit him with this one:

Quote from: findftp on December 22, 2014, 07:11:12 PM

I totally screwed up.
I fucked up every trade.

Must. Get. Rid. Of. The Fear.

and. emotion.

Let's get ready for 252.

fuck it

Motherfuck, bitstamp did it. But I'm trading at finex. I fucked up anyway.

I'm a poor bastard. If you like my comment you can donate to *snip* My total stack is <25 BTC

aztecminer

legendary

Activity: 1092

Merit: 1000

Quote from: ?? on ??

Quote from: Tzupy on January 07, 2015, 12:12:25 PM

Quote from: findftp on January 07, 2015, 12:05:34 PM

Quote from: criptix on January 07, 2015, 12:03:54 PM

Quote from: majakn on January 07, 2015, 11:32:11 AM

i call 300 before friday

I kinda have that feeling too. Dont see a dump after ~~gox~~stamp reopens

Prepare for the pump, here it comes Wink

Could reach 294$ in 2 hours, but IMO that will be a local top.

There is 23600 shorts on finex... traders could start closing them if we go up enough.

Stamp coming online soon!

https://www.bitstamp.net/

well that is one way to do hardware upgrades and migration i guess.
they should use quality hardware and not the cheaper "everything on one device" hardware..
i have cisco and sourcefire in my network for security myself.
i bet they got a checkpoint "all-in-one" and called it good. (save $50k - $60k)

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Quote from: criptix on January 07, 2015, 12:50:33 PM

Do you have infos if stamp is deducting the fees in btc or fiat?
I would tend to say fiat but it would be not too far off if they atleast hold a part in btc?

I have less information than anyone who trades there. (Is the fee really 1%?)

It does not matter whether a payment (fee, purchase, deposit…) is in BTC or in dollars. Its value is best measured in dollars, converting BTC at the current market rate. How that amount is kept after the payment can be considered a separate decision by the person who received the amount.

That is, if Autumn pays Brock in BTC, and Brock keeps them as BTC for some time, it is the same as if Autumn had sold the BTC, given the dollars to Brock, and Brock has immediately bought back the BTC.

inca

legendary

Activity: 1176

Merit: 1000

Shorts on bfxdata up to 23900. Up up and away.

Jammalan the Prophet

sr. member

Activity: 500

Merit: 250

Quote from: JorgeStolfi on January 07, 2015, 12:44:43 PM

Quote from: ejinte on January 07, 2015, 12:24:24 PM

Quote from: Dotto on January 07, 2015, 07:59:34 AM

Can someone launch a speculative cypher of how much money has bitstamp done in his history and in a standard month?

Jorge?

Um, eyeballing the charts, it seems that they had ~90 kBTC/week of trade volume since Nov/2013; about 60 weeks. Guessing an average price of 600 $/BTC, that would be 3.2 billion $ of total trades in that period. If they charge 1% trading fees (guessing; what is the right number?), that would be 32 million $ of revenue in that period, or almost 30 million $/year.

That explains why they got the 10 M $ investment. (It does not explain why they would need such investment.)

But their revenue is falling, now about 60 kBTC/week at less than 300 $/BTC. That is ~80 M$/month of trade volume, 800'000 $/month of revenue from 1% fees

However, we do not know whether they charge the same fee from all customers. If their moms trade at Bitstamp, maybe they are exempt from fees. Wink

Kostenschema

Kosten %   30 dagen USD volume
0.50%   < $500
0.48%   < $1,000
0.46%   < $2,000
0.44%   < $4,000
0.42%   < $6,500
0.40%   < $10,000
0.38%   < $15,000
0.36%   < $20,000
0.34%   < $25,000
0.32%   < $37,500
0.30%   < $50,000
0.28%   < $62,500
0.26%   < $75,000
0.24%   < $100,000
0.22%   < $150,000
0.20%   > $150,000

http://webcache.googleusercontent.com/search?q=cache:l7tPiN5pEvEJ:https://de.bitstamp.net/fee_schedule/+&cd=1&hl=ro&ct=clnk&gl=ro

inca

legendary

Activity: 1176

Merit: 1000

Quote from: Warren Buffert on January 07, 2015, 12:48:27 PM

There is no way Bitstamp is able to covering loose of $5 million dollar! If VC funding as you say, then no VC going to burn money into such a hopeless business!

Please do the needful... don't be a stupid. withdrawal your asset from bitcoin exchange as soon as is possible!

Ok lambtroll Wink

criptix

legendary

Activity: 2464

Merit: 1145

Quote from: JorgeStolfi on January 07, 2015, 12:44:43 PM

Quote from: ejinte on January 07, 2015, 12:24:24 PM

Quote from: Dotto on January 07, 2015, 07:59:34 AM

Can someone launch a speculative cypher of how much money has bitstamp done in his history and in a standard month?

Jorge?

Um, eyeballing the charts, it seems that they had ~90 kBTC/week of trade volume since Nov/2013; about 60 weeks. Guessing an average price of 600 $/BTC, that would be 3.2 billion $ of total trades in that period. If they charge 1% trading fees (guessing; what is the right number?), that would be 32 million $ of revenue in that period, or almost 30 million $/year.

That explains why they got the 10 M $ investment. (It does not explain why they would need such investment.)

But their revenue is falling, now about 60 kBTC/week at less than 300 $/BTC. That is ~80 M$/month of trade volume, 800'000 $/month of revenue from 1% fees

However, we do not know whether they charge the same fee from all customers. If their moms trade at Bitstamp, maybe they are exempt from fees. Wink

Do you have infos if stamp is deducting the fees in btc or fiat?
I would tend to say fiat but it would be not too far off if they atleast hold a part in btc?

Warren Buffert

full member

Activity: 364

Merit: 102

There is no way Bitstamp is able to covering loose of $5 million dollar! If VC funding as you say, then no VC going to burn money into such a hopeless business!

Please do the needful... don't be a stupid. withdrawal your asset from bitcoin exchange as soon as is possible!

ejinte

hero member

Activity: 644

Merit: 500

Quote from: findftp on January 07, 2015, 12:27:51 PM

Quote from: ejinte on January 07, 2015, 12:23:42 PM

Quote from: findftp on January 07, 2015, 04:22:04 AM

Last opportunity to go short at 290

And you were wrong. I almost listened. Cheesy

You should have read what I wrote after that.
You can also find messages from 2013 from my account, doesn't mean I still agree with those.

Here, to make it easy for you

Quote from: findftp on January 07, 2015, 10:49:28 AM

Quote from: madmat on January 07, 2015, 08:00:20 AM

Quote from: findftp on January 07, 2015, 07:58:11 AM

I would say the dumping can start any minute now.
Do you agree Tzupi? (because yesterday I thought this as well and was proven wrong by you

)

You are going to be wrong, again.

Yes, you were right.
New insight, we've had the bottom. Luckily I could exit positions without loss.
Took some long instead.

You see? first message 10.22, next message 16.49, glad you listened.

Ok cool

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Quote from: ejinte on January 07, 2015, 12:24:24 PM

Quote from: Dotto on January 07, 2015, 07:59:34 AM

Can someone launch a speculative cypher of how much money has bitstamp done in his history and in a standard month?

Jorge?

Um, eyeballing the charts, it seems that they had ~90 kBTC/week of trade volume since Nov/2013; about 60 weeks. Guessing an average price of 600 $/BTC, that would be 3.2 billion $ of total trades in that period. If they charge 1% trading fees (guessing; what is the right number?), that would be 32 million $ of revenue in that period, or almost 30 million $/year.

That explains why they got the 10 M $ investment. (It does not explain why they would need such investment.)

But their revenue is falling, now about 60 kBTC/week at less than 300 $/BTC. That is ~80 M$/month of trade volume, 800'000 $/month of revenue from 1% fees

However, we do not know whether they charge the same fee from all customers. If their moms trade at Bitstamp, maybe they are exempt from fees. Wink

kodtycoon

legendary

Activity: 1568

Merit: 1002

Quote from: criptix on January 07, 2015, 12:40:35 PM

Quote from: Cassius on January 07, 2015, 12:36:56 PM

Quote from: criptix on January 07, 2015, 12:32:23 PM

Quote from: ejinte on January 07, 2015, 12:24:24 PM

Quote from: Dotto on January 07, 2015, 07:59:34 AM

Can someone launch a speculative cypher of how much money has bitstamp done in his history and in a standard month?

Hi

Jorge?

There is a thread in service discussion about it.
If you assume 10k btc volume per day it would be around 14.5 k btc from fees. But they will also have expenses over the year..

They also had VC funding, right? So probably insurance too.

Yeah 10 million from pantera in 2013.
Any1 knows what they did with the money?

hookers and blo.. what anyone would do with that amount of money..

criptix

legendary

Activity: 2464

Merit: 1145

Quote from: Cassius on January 07, 2015, 12:36:56 PM

Quote from: criptix on January 07, 2015, 12:32:23 PM

Quote from: ejinte on January 07, 2015, 12:24:24 PM

Quote from: Dotto on January 07, 2015, 07:59:34 AM

Can someone launch a speculative cypher of how much money has bitstamp done in his history and in a standard month?

Hi

Jorge?

There is a thread in service discussion about it.
If you assume 10k btc volume per day it would be around 14.5 k btc from fees. But they will also have expenses over the year..

They also had VC funding, right? So probably insurance too.

Yeah 10 million from pantera in 2013.
Any1 knows what they did with the money?

Cassius

legendary

Activity: 1764

Merit: 1031

Quote from: criptix on January 07, 2015, 12:32:23 PM

Quote from: ejinte on January 07, 2015, 12:24:24 PM

Quote from: Dotto on January 07, 2015, 07:59:34 AM

Can someone launch a speculative cypher of how much money has bitstamp done in his history and in a standard month?

Jorge?

There is a thread in service discussion about it.
If you assume 10k btc volume per day it would be around 14.5 k btc from fees. But they will also have expenses over the year..

They also had VC funding, right? So probably insurance too.

criptix

legendary

Activity: 2464

Merit: 1145

Quote from: ejinte on January 07, 2015, 12:24:24 PM

Quote from: Dotto on January 07, 2015, 07:59:34 AM

Can someone launch a speculative cypher of how much money has bitstamp done in his history and in a standard month?

Jorge?

There is a thread in service discussion about it.
If you assume 10k btc volume per day it would be around 14.5 k btc from fees. But they will also have expenses over the year..

Fatman3001

legendary

Activity: 1554

Merit: 1014

Make Bitcoin glow with ENIAC

Quote from: LFC_Bitcoin on January 07, 2015, 12:15:18 PM

Quote from: Tzupy on January 07, 2015, 12:12:25 PM

Quote from: findftp on January 07, 2015, 12:05:34 PM

Quote from: criptix on January 07, 2015, 12:03:54 PM

Quote from: majakn on January 07, 2015, 11:32:11 AM

i call 300 before friday

I kinda have that feeling too. Dont see a dump after ~~gox~~stamp reopens

Prepare for the pump, here it comes Wink

Could reach 294$ in 2 hours, but IMO that will be a local top.

You mean that's what you want to happen?

I love it when people treat their own wants and wishes like serious and considered predictions.

findftp

legendary

Activity: 1022

Merit: 1008

Delusional crypto obsessionist

Quote from: ejinte on January 07, 2015, 12:23:42 PM

Quote from: findftp on January 07, 2015, 04:22:04 AM

Last opportunity to go short at 290

And you were wrong. I almost listened. Cheesy

You should have read what I wrote after that.
You can also find messages from 2013 from my account, doesn't mean I still agree with those.

Here, to make it easy for you

Quote from: findftp on January 07, 2015, 10:49:28 AM

Quote from: madmat on January 07, 2015, 08:00:20 AM

Quote from: findftp on January 07, 2015, 07:58:11 AM

I would say the dumping can start any minute now.
Do you agree Tzupi? (because yesterday I thought this as well and was proven wrong by you

)

You are going to be wrong, again.

Yes, you were right.
New insight, we've had the bottom. Luckily I could exit positions without loss.
Took some long instead.

You see? first message 10.22, next message 16.49, glad you listened.

ejinte

hero member

Activity: 644

Merit: 500

Quote from: Dotto on January 07, 2015, 07:59:34 AM

Can someone launch a speculative cypher of how much money has bitstamp done in his history and in a standard month?

Jorge?

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23733. (Read 26713739 times)