Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25960. (Read 26608194 times)
September 06, 2014, 04:48:18 AM
Very good. A logical conclusion for deflating a bubble. Meanwhile, Bitcoin development is steadily progressing.
September 06, 2014, 04:40:13 AM
Last 4-5 hours, this thread really quiet, it's really abnormal.
Market not moving and people stopped talking here.
September 06, 2014, 04:30:37 AM
September 06, 2014, 03:59:12 AM
September 06, 2014, 02:59:12 AM
September 06, 2014, 01:59:13 AM
September 06, 2014, 01:32:44 AM
The only bullish sign that I can find is that shorts seem over-confident.
The normal number of shorts is around 5000 btc. We are at nearly double that level, with a 711 coin increase in the last 24 hours.
The normal number of shorts is around 5000 btc. We are at nearly double that level, with a 711 coin increase in the last 24 hours.
September 06, 2014, 12:59:13 AM
September 06, 2014, 12:27:01 AM
Bitstamp below BTC-e... crash exceedingly imminent!
Dafuq you talking? Right now Bitstamp is at the 480's and Btc-e at the 477's.
And it seems that the times where a $15 gap between bitstamp and btc-e were standart are gone.
A while ago they were at 477 a piece with Stamp a few cents below. This is more folklore than logic, but whenever that happens a crash seems to happen within an hour or two thereof.
Did you make bank off of your previous shorts?
No, I second guessed myself too much during the crash the last go around (the mid-August event) and made too many panic moves. Made a little. Sometimes made the right general call and still lost a little. That's just being honest.
I've limited myself to one trade per day and with narrow stop losses. I am up 20% for this week. So, one of two things is happening -- I am getting the hang of it OR I am dead and don't even know it yet. We'll see.
Note: That one trade per day is a max limit... many days I don't even trade, now. But, before that, yes, I had a huge overuse/volume issue. Too excitable.
September 06, 2014, 12:24:14 AM
Bitstamp below BTC-e... crash exceedingly imminent!
Dafuq you talking? Right now Bitstamp is at the 480's and Btc-e at the 477's.
And it seems that the times where a $15 gap between bitstamp and btc-e were standart are gone.
A while ago they were at 477 a piece with Stamp a few cents below. This is more folklore than logic, but whenever that happens a crash seems to happen within an hour or two thereof.
Did you make bank off of your previous shorts?
No, I second guessed myself too much during the crash the last go around (the mid-August event) and made too many panic moves. Made a little. Sometimes made the right general call and still lost a little. That's just being honest.
I've limited myself to one trade per day and with narrow stop losses. I am up 20% for this week. So, one of two things is happening -- I am getting the hang of it OR I am dead and don't even know it yet. We'll see.
September 06, 2014, 12:15:27 AM
Bitstamp below BTC-e... crash exceedingly imminent!
Dafuq you talking? Right now Bitstamp is at the 480's and Btc-e at the 477's.
And it seems that the times where a $15 gap between bitstamp and btc-e were standart are gone.
A while ago they were at 477 a piece with Stamp a few cents below. This is more folklore than logic, but whenever that happens a crash seems to happen within an hour or two thereof.
Did you make bank off of your previous shorts?
September 06, 2014, 12:04:54 AM
Bitstamp below BTC-e... crash exceedingly imminent!
Dafuq you talking? Right now Bitstamp is at the 480's and Btc-e at the 477's.
And it seems that the times where a $15 gap between bitstamp and btc-e were standart are gone.
A while ago they were at 477 a piece with Stamp a few cents below. This is more folklore than logic, but whenever that happens a crash seems to happen within an hour or two thereof.
September 05, 2014, 11:59:12 PM
September 05, 2014, 11:52:04 PM
Bitstamp below BTC-e... crash exceedingly imminent!
Dafuq you talking? Right now Bitstamp is at the 480's and Btc-e at the 477's.
And it seems that the times where a $15 gap between bitstamp and btc-e were standart are gone.
September 05, 2014, 11:40:13 PM
Bitstamp below BTC-e... crash exceedingly imminent!
September 05, 2014, 11:39:03 PM
Bitcoin transfers takes way more than seconds. More when the network is busy because of big rise/fall/mr102 event that makes arbitrage profitable. How can Bitcoin arbitragers take effect in tens of seconds?
Arbitrage does not require immediate transfer of bitcoins or money.
An abitrager sees that the highest buy offer on Bitstamp is 480$, and someone posted a sell offer on Huobi at 475$. He immediately buys on Huobi and sells on Bitstamp (not the same coins!), until the bids and asks uncross. He has to be as quick as possible to beat other arbitragers. Indeed he must be a robot, so he can react in seconds.
Thus, the delay between a price drop at Huobi and its echo at Bitstamp is the time it takes for the arbitrager to see the new offer at Huobi and place the order at Bitstamp.
Actually I guess that arbitrage is done by the exchange owners, so it may have higher priority than ordinary clients.
September 05, 2014, 11:30:45 PM
I just ran my trading test that has worked out perfectly this week (still, that's a small sample size). The test is this... for BTC trading I try to use the LTC markets as a signal since, given their lower price, there are greater trades. Then, I place a bet in the middle of the buy or sell price. Then, the bots drift away from what would be the profitable bet so as to undercut the trader's profit and/or dissuade them from that choice of action. Doing this, the bots have said that the next profit to be had is to the downside. Thus, I avoided going into that LTC trade and am now shorting BTC.
Is this a real jack--- way of handicapping? Yes. I fully acknowledge this. My dollar says we are going to break down, next.
Is this a real jack--- way of handicapping? Yes. I fully acknowledge this. My dollar says we are going to break down, next.
September 05, 2014, 11:22:03 PM
china still bouncing off previous resistance, while stamps and bitfinex are well below it.
tonight we find out if china really is a leader.
tonight we find out if china really is a leader.
Bitcoin transfers takes way more than seconds. More when the network is busy because of big rise/fall/mr102 event that makes arbitrage profitable.
How can Bitcoin arbitragers take effect in tens of seconds?
Obviously the answer here is bots. Keep some fiat and some btc on each exchange but put it all together in one book in a spread sheet. Then arbitrage as you would normally with buys/sells on each individual exchange and at the end of the day if one of your exchange accounts needs more BTC or more fiat, THEN initiate the transfers.
September 05, 2014, 11:13:25 PM
china still bouncing off previous resistance, while stamps and bitfinex are well below it.
tonight we find out if china really is a leader.
tonight we find out if china really is a leader.
Bitcoin transfers takes way more than seconds. More when the network is busy because of big rise/fall/mr102 event that makes arbitrage profitable.
How can Bitcoin arbitragers take effect in tens of seconds?
September 05, 2014, 11:05:43 PM
in all seriousness, shorts were in real danger last night, we all felt it, it was about to pop, magic fairy bear mother may not come to your rescue next time, cover your shorts, cover your shorts now!
or not
wtv
your choice.
It can breakout either way. Experienced traders know this pattern. This is where you reduce your position and wait for a breakout before confirming trend
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