Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24126. (Read 26608296 times)
December 05, 2014, 02:00:57 PM
December 05, 2014, 01:56:43 PM
So another auction happened, another deadline is done. Just like last time everybody is going nuts about the price: oooooommmmggggg how much did they pay!!!?? This is so super duper important zooooomgg!!!
We won't find out and in 3 days nobody gives a shit anymore.
Idiots.
We won't find out and in 3 days nobody gives a shit anymore.
Idiots.
December 05, 2014, 01:51:13 PM
5 seconds pas long ago and nothing happened...
Don't be sad ... nothing BAD happened
Glass still half-full
December 05, 2014, 01:43:52 PM
5 seconds pas long ago and nothing happened...
December 05, 2014, 01:37:39 PM
the next 5 seconds are unbelievably critical!!!
Did you mean "the next 5 hours"? December 05, 2014, 01:31:57 PM
Luxury Seating Still Available!
*Ron Paul lied, it ain't too late!
*Ron Paul lied, it ain't too late!
December 05, 2014, 01:26:23 PM
At what point from 1200's to the 300's does one finally start to realize that BTC is in a bearish trend?
Just curious.
December 05, 2014, 01:25:02 PM
It would have been cool if something happened. Instead we get trolled by God, I mean Adam.
December 05, 2014, 01:24:32 PM
the next 5 seconds are unbelievably critical!!!
December 05, 2014, 01:23:09 PM
December 05, 2014, 01:22:48 PM
the next 5 seconds are unbelievably critical!!!
Any why are the next five seconds so unbelievably? Price drop?
December 05, 2014, 01:21:36 PM
the next 5 seconds are unbelievably critical!!!
December 05, 2014, 01:21:02 PM
you guys feel that?
December 05, 2014, 01:18:55 PM
Newbie, Shroomkit & Lambchop all on the ignore list.
I think it has to be done to be able to enjoy this place
I don't know if newbie is trolling but he fries my brain every time i read his posts.
Can you take this to PM?
ty
December 05, 2014, 01:18:03 PM
Newbie, Shroomkit & Lambchop all on the ignore list.
I think it has to be done to be able to enjoy this place
I don't know if newbie is trolling but he fries my brain every time i read his posts.
December 05, 2014, 01:16:22 PM
http://www.coindesk.com/us-marshals-bidder-turnout-second-bitcoin-auction-declines-sharply/
Do you think that this will have an impact on the Bitcoin price?
Do you think that this will have an impact on the Bitcoin price?
STFU
Whats up?
Just asking for information purposes only. 
December 05, 2014, 01:14:04 PM
Newbie, Shroomkit & Lambchop all on the ignore list.
I think it has to be done to be able to enjoy this place
December 05, 2014, 01:11:27 PM
... That's the magic of auctions and arbitrage: somebody will bid close to market, if for no other reason to to collect a (relatively) safe profit through auction -> exchange arbitrage (if he gets them below market that is).
As I understand it, the the only reason to buy at a
Bringing up slippage in relation to buying, but overlooking it in relation to selling ("collect a (relatively) safe profit [by selling on an exchange]) is a bit meh.
*For relatively fungible stuff like ordinary cars, Bitcoin, etc. Not talking about art/rare items.
I'd say that at -20% of market (which was what the comment I responded to said), there's plenty of wiggle room for slippage, even for a large stash like that.
Anyway, this is hypothetical. I doubt some large enough entity with the means to arb Bitcoin on this scale will do so on-exchange. Arb profit can also be gained by securing at a price below market a lot that will be sold OTC at a contractually bound price near market.
...
Let me understand what you're suggesting: Entering into a contract to sell X BTC ~market, and then bidding for X BTC at an auction? You realize the risks here, correct?
And there's at least a 24hr delay between placing your bid &
Not saying there's no chance of coin going slightly below market, but above?
December 05, 2014, 01:00:52 PM
December 05, 2014, 12:56:40 PM
... That's the magic of auctions and arbitrage: somebody will bid close to market, if for no other reason to to collect a (relatively) safe profit through auction -> exchange arbitrage (if he gets them below market that is).
As I understand it, the the only reason to buy at a
Bringing up slippage in relation to buying, but overlooking it in relation to selling ("collect a (relatively) safe profit [by selling on an exchange]) is a bit meh.
*For relatively fungible stuff like ordinary cars, Bitcoin, etc. Not talking about art/rare items.
I'd say that at -20% of market (which was what the comment I responded to said), there's plenty of wiggle room for slippage, even for a large stash like that.
Anyway, this is hypothetical. I doubt some large enough entity with the means to arb Bitcoin on this scale will do so on-exchange. Arb profit can also be gained by securing at a price below market a lot that will be sold OTC at a contractually bound price near market.
Anyway anyway, this is hypothetical. The above only describes why I consider it unlikely the auctions would sell vastly below market. There are reasons why they might be sold (somewhat) above market as well (government "cleared" coins, no on-exchange counter party risk).
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