Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24537. (Read 26711605 times)

donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
sr. member
Activity: 378
Merit: 254
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
volume on btcchina in the last days is a joke - its only fake volume, you can see the stupid trades buy 300 sell 300...

Volume on okcoin is "more real" (same on huobi) and it is dominating the market now. All exchanges go where okcoin leads.

Still, for me the reference price is on bitstamp.

On which exchanges are u looking for the "real" price?

I remain of the belief that you cannot really look at the price on bitstamp as being reflective of reality, if it is in fact being influenced in any large way by exchanges that are engaging in fake trades.

Now if the chinese exchanges are merely trading a lot of coin because of the zero fees, then that is all fair and well; however, if the coins do NOT really exist and they are being traded and affecting the price in that non-existence kind of way, then that is more problematic for the whole BTC ecosphere.

Hopefully, at some point soon all of these potentially negative and/or scandalous influences on BTC can be sorted out and fixed before they cause any kind of major damage to bitcoin (the network, infrastructure and adoption)...



Edit: Actually, don't get me wrong here.   I am NOT suggesting that there are any flaws in BTC that are of any significant magnitude greater than the many flaws and/or manipulation that tends to occur in various fiat markets (that tend to be eligible for being rescued by fiat government systems).  There may be significant and catastrophic failures in the BTC space due to trust and due to various aspects of centralization (I mean centralized exchanges) that allows manipulation and faking of the market, yet I believe that these kinds of failures will NOT cause the failure of BTC, even though some major failure and/or scandalous catastrophe involving a million or so BTC could cause significant depression and/or drop in BTC values into the double digits... and even potentially prolonged suppression of prices based on impacts on confidence.



legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
To the rest of you degenerate Bitcoiners:  YOU CAN NOT HIDE!

full member
Activity: 154
Merit: 100
playing pasta and eating mandolinos
volume on btcchina in the last days is a joke - its only fake volume, you can see the stupid trades buy 300 sell 300...

Volume on okcoin is "more real" (same on huobi) and it is dominating the market now. All exchanges go where okcoin leads.

Still, for me the reference price is on bitstamp.

On which exchanges are u looking for the "real" price?

I'm starting to ignore bitstamp, i think it's dying. Bitfinex, Huobi & OKCoin are the ones i follow, BTChina too but only to spot some eventual shenanigan there.
legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules
...
I've not noticed you having a problem with repeating yourself.

>I've not noticed

Where are you from, cbeast?
Someplace that doesn't care about grammar Nazis.

Where is that, cbeast?  Where do kids who dropped out of school to huff gasoline and invest in Bitcoin hang out?
Bitcointalk

Chronic abuse of organic solvents sure explains some of the thinking here.  

correlation is not causation

Of course.  There's a always a chance that abuse of other recreational neurotoxins/preexisting mental impairments are to blame.

yes, true. and then there are those who were born with an innate ability to screw up sentences when trying to make a point.
hero member
Activity: 601
Merit: 503
volume on btcchina in the last days is a joke - its only fake volume, you can see the stupid trades buy 300 sell 300...

Volume on okcoin is "more real" (same on huobi) and it is dominating the market now. All exchanges go where okcoin leads.

Still, for me the reference price is on bitstamp.

On which exchanges are u looking for the "real" price?
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
^
Don't be bro, just some friendly advice Smiley
Yes well that way that online penis below my name will never grow to an impressive four-star size Smiley

Yeah, you gotta use it to make it grow - just like me and NOTnotpork
newbie
Activity: 21
Merit: 0
^
Don't be bro, just some friendly advice Smiley
Yes well that way that online penis below my name will never grow to an impressive four-star size Smiley
sr. member
Activity: 378
Merit: 254
^
Don't be bro, just some friendly advice Smiley
legendary
Activity: 1159
Merit: 1001
Anybody else having problems withdrawing BTC from Bitfinex?

I have 3 outgoing transactions unapproved with no transaction code.  Longest one going on 2 hours.  Undecided
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
...
I've not noticed you having a problem with repeating yourself.

>I've not noticed

Where are you from, cbeast?
Someplace that doesn't care about grammar Nazis.

Where is that, cbeast?  Where do kids who dropped out of school to huff gasoline and invest in Bitcoin hang out?
Bitcointalk

Chronic abuse of organic solvents sure explains some of the thinking here.  
Pot. Kettle. Black.

Shortened attention span and unabashed displays of stupidity are symptomatic of your condition.
Though the effects of your misspent youth are generally irreversible, today's potent pharmachemicals may offer at least partial, symptomatic relief.
 
How did that make you feel?

I find helping the differently-enabled such as you somewhat rewarding, but sorta meh Undecided
Maybe you'll do better next time.
sr. member
Activity: 378
Merit: 254
...
I've not noticed you having a problem with repeating yourself.

>I've not noticed

Where are you from, cbeast?
Someplace that doesn't care about grammar Nazis.

Where is that, cbeast?  Where do kids who dropped out of school to huff gasoline and invest in Bitcoin hang out?
Bitcointalk

Chronic abuse of organic solvents sure explains some of the thinking here.  
Pot. Kettle. Black.

Shortened attention span and unabashed displays of stupidity are symptomatic of your condition.
Though the effects of your misspent youth are generally irreversible, today's potent pharmachemicals may offer at least partial, symptomatic relief.
 
How did that make you feel?

I find helping the differently-enabled such as you somewhat rewarding, but sorta meh Undecided

P.S: How 'bout dat price tho...
legendary
Activity: 4018
Merit: 1250
Owner at AltQuick.com
Holy fucking fuck OKcoin is the shit.

If you believe in Bitcoin short term or long term. Put your money where your mouth is and go on margin 20x.

I'm off to bed. As long as we don't hit $378 I'm good.

Hopefully wake up to 420 @ 4:20 Cheesy.  I'm still a little iffy about the future, but wut evs I'll leave a trade over night on margin for the cause!
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
...
I've not noticed you having a problem with repeating yourself.

>I've not noticed

Where are you from, cbeast?
Someplace that doesn't care about grammar Nazis.

Where is that, cbeast?  Where do kids who dropped out of school to huff gasoline and invest in Bitcoin hang out?
Bitcointalk

Chronic abuse of organic solvents sure explains some of the thinking here.  
Pot. Kettle. Black.

Shortened attention span and unabashed displays of stupidity are symptomatic of your condition.
Though the effects of your misspent youth are generally irreversible, today's potent pharmachemicals may offer at least partial, symptomatic relief.
 
How did that make you feel?
sr. member
Activity: 378
Merit: 254
...
I've not noticed you having a problem with repeating yourself.

>I've not noticed

Where are you from, cbeast?
Someplace that doesn't care about grammar Nazis.

Where is that, cbeast?  Where do kids who dropped out of school to huff gasoline and invest in Bitcoin hang out?
Bitcointalk

Chronic abuse of organic solvents sure explains some of the thinking here.  
Pot. Kettle. Black.

Shortened attention span and unabashed displays of stupidity are symptomatic of your condition.
Though the effects of your misspent youth are generally irreversible, today's potent pharmachemicals may offer at least partial, symptomatic relief.

To the rest of you degenerate Bitcoiners:  YOU CAN NOT HIDE!


 
legendary
Activity: 1615
Merit: 1000
From nov. 2nd to 9th there was a moderate uptrend of roughly 0.6% gains a day. From the 9th to the 12th it was about 4 % a day. Then things really heated up and the price went up over 20 % in two days - 10 % a day!

Had the ramping up not happened, at 0.6% a day since the 2nd, we'd now be at about 340 usd / btc, up over 7 percent. With just the first steepening of the slope with no downward action, we'd be around 411 usd. That's up 28% from november 2nd, yikes! And had the last spike continued as it was going, we'd expect a price in the region of 500+ now, up over 56% since the 2nd. Holy hell!

And yet, to judge by the way people are pouring ash over their heads here, that last scenario should have come true, and since it didn't, Bitcoin is clearly doomed!

Some perspective, please.
sr. member
Activity: 378
Merit: 250
sell buy sell buy and dont think long term  Lips sealed
When price raise i have 3x btc Wink You can buy and hold, i prefer trade it
legendary
Activity: 4018
Merit: 1250
Owner at AltQuick.com
It's funny how one trader buying and selling to himself on OKCoin can dictate the entire global market.

 Grin

Buy buy buy!
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