Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26459.

2dogs

legendary

Activity: 1267

Merit: 1000

Quote from: justusranvier on August 17, 2014, 01:21:43 AM

Quote from: 2dogs on August 17, 2014, 01:11:20 AM

Not exactly.
Smells like manipulation to me.
Coinbase can't even "provide exact price quotes right now"?
LMFAO

This isn't new.

When they originally started the service, they'd have a site-wide daily buying limit and as soon as it was hit nobody could enter new buy orders.

It got particularly bad during the spring of last year, so much so that people would create bots that you could run that would retry your order very 10 seconds until it finally went through.

I think it was last summer sometime they changed the system so that if they ran out of coins they could guarantee a price on (presumably, this would have been when they ran out of USD on Bitstamp to buy coins with) that you'd get the opportunity to buy but without a guaranteed exchange rate.

Not exactly a free market, is it?

lyth0s

legendary

Activity: 1260

Merit: 1000

World Class Cryptonaire

Quote from: 2dogs on August 17, 2014, 01:19:41 AM

Quote from: Threebits on August 17, 2014, 01:18:07 AM

Quote from: 2dogs on August 17, 2014, 01:11:20 AM

Quote from: ?? on ??

Whoa, Coinbase is sold out..

Quote

"Note! We've exceeded our normal buy limits for today. If you would still like to purchase you will receive the market price of bitcoin on Friday Aug 22, 2014 at 01:49AM EDT after your funds have arrived. read more

Due to higher than normal buy volumes, we are unable to provide exact price quotes right now.

Instead of pausing buys entirely, we decided to give people the option to purchase bitcoin at the market price in a few days. Once your USD funds arrive, we will exchange them to bitcoin at the market price at approximately Friday Aug 22, 2014 at 01:40AM EDT."

That's bullish right ?!?!?

Not exactly.
Smells like manipulation to me.
Coinbase can't even "provide exact price quotes right now"?
LMFAO

Isn't this very strange? I thought coinbase could always buy at exchanges to cover their btc stock.

They can't? Why? How do they cover their btc stock?

It's called front running.
They can't sell to you right now, cause they are buying for themselves.
Then they sell to you later - at a higher price, of course.

I'm able to buy on coinbase just fine right now if I wished. Troll post?

Threebits

member

Activity: 75

Merit: 10

Does it mean Coinbase itself is an exchange, and now they are using out their btc stock? Everyone is buying btc and no one selling?

if so, how do they know there will surely be some btc selling at Coinbase before next open on 01.40am Aug 22?

justusranvier

legendary

Activity: 1400

Merit: 1013

Quote from: 2dogs on August 17, 2014, 01:11:20 AM

Not exactly.
Smells like manipulation to me.
Coinbase can't even "provide exact price quotes right now"?
LMFAO

This isn't new.

When they originally started the service, they'd have a site-wide daily buying limit and as soon as it was hit nobody could enter new buy orders.

It got particularly bad during the spring of last year, so much so that people would create bots that you could run that would retry your order very 10 seconds until it finally went through.

I think it was last summer sometime they changed the system so that if they ran out of coins they could guarantee a price on (presumably, this would have been when they ran out of USD on Bitstamp to buy coins with) that you'd get the opportunity to buy but without a guaranteed exchange rate.

lay785

sr. member

Activity: 266

Merit: 250

Quote from: Threebits on August 17, 2014, 01:18:07 AM

Quote from: 2dogs on August 17, 2014, 01:11:20 AM

Quote from: ?? on ??

Whoa, Coinbase is sold out..

Quote

"Note! We've exceeded our normal buy limits for today. If you would still like to purchase you will receive the market price of bitcoin on Friday Aug 22, 2014 at 01:49AM EDT after your funds have arrived. read more

Due to higher than normal buy volumes, we are unable to provide exact price quotes right now.

Instead of pausing buys entirely, we decided to give people the option to purchase bitcoin at the market price in a few days. Once your USD funds arrive, we will exchange them to bitcoin at the market price at approximately Friday Aug 22, 2014 at 01:40AM EDT."

That's bullish right ?!?!?

Not exactly.
Smells like manipulation to me.
Coinbase can't even "provide exact price quotes right now"?
LMFAO

Isn't this very strange? I thought coinbase could always buy at exchanges to cover their btc stock.

They can't? Why? How do they cover their btc stock?

They need to wire money to the exchanges. That takes a few days. some whales probable use coinbase instead of risking their money on foreign bitcoin exchanges.

2dogs

legendary

Activity: 1267

Merit: 1000

Quote from: Threebits on August 17, 2014, 01:18:07 AM

Quote from: 2dogs on August 17, 2014, 01:11:20 AM

Quote from: ?? on ??

Whoa, Coinbase is sold out..

Quote

"Note! We've exceeded our normal buy limits for today. If you would still like to purchase you will receive the market price of bitcoin on Friday Aug 22, 2014 at 01:49AM EDT after your funds have arrived. read more

Due to higher than normal buy volumes, we are unable to provide exact price quotes right now.

Instead of pausing buys entirely, we decided to give people the option to purchase bitcoin at the market price in a few days. Once your USD funds arrive, we will exchange them to bitcoin at the market price at approximately Friday Aug 22, 2014 at 01:40AM EDT."

That's bullish right ?!?!?

Not exactly.
Smells like manipulation to me.
Coinbase can't even "provide exact price quotes right now"?
LMFAO

Isn't this very strange? I thought coinbase could always buy at exchanges to cover their btc stock.

They can't? Why? How do they cover their btc stock?

It's called front running.
They can't sell to you right now, cause they are buying for themselves.
Then they sell to you later - at a higher price, of course.

Threebits

member

Activity: 75

Merit: 10

Quote from: 2dogs on August 17, 2014, 01:11:20 AM

Quote from: ?? on ??

Whoa, Coinbase is sold out..

Quote

"Note! We've exceeded our normal buy limits for today. If you would still like to purchase you will receive the market price of bitcoin on Friday Aug 22, 2014 at 01:49AM EDT after your funds have arrived. read more

Due to higher than normal buy volumes, we are unable to provide exact price quotes right now.

Instead of pausing buys entirely, we decided to give people the option to purchase bitcoin at the market price in a few days. Once your USD funds arrive, we will exchange them to bitcoin at the market price at approximately Friday Aug 22, 2014 at 01:40AM EDT."

That's bullish right ?!?!?

Not exactly.
Smells like manipulation to me.
Coinbase can't even "provide exact price quotes right now"?
LMFAO

Isn't this very strange? I thought coinbase could always buy at exchanges to cover their btc stock.

They can't? Why? How do they cover their btc stock?

dropt

legendary

Activity: 1512

Merit: 1000

Quote from: 2dogs on August 17, 2014, 01:11:20 AM

Quote from: ?? on ??

Whoa, Coinbase is sold out..

Quote

"Note! We've exceeded our normal buy limits for today. If you would still like to purchase you will receive the market price of bitcoin on Friday Aug 22, 2014 at 01:49AM EDT after your funds have arrived. read more

Due to higher than normal buy volumes, we are unable to provide exact price quotes right now.

Instead of pausing buys entirely, we decided to give people the option to purchase bitcoin at the market price in a few days. Once your USD funds arrive, we will exchange them to bitcoin at the market price at approximately Friday Aug 22, 2014 at 01:40AM EDT."

That's bullish right ?!?!?

Not exactly.
Smells like manipulation to me.
Coinbase can't even "provide exact price quotes right now"?
LMFAO

They might actually be bag holding... Cheesy

lay785

sr. member

Activity: 266

Merit: 250

Quote from: 2dogs on August 17, 2014, 01:11:20 AM

Quote from: ?? on ??

Whoa, Coinbase is sold out..

Quote

"Note! We've exceeded our normal buy limits for today. If you would still like to purchase you will receive the market price of bitcoin on Friday Aug 22, 2014 at 01:49AM EDT after your funds have arrived. read more

Due to higher than normal buy volumes, we are unable to provide exact price quotes right now.

Instead of pausing buys entirely, we decided to give people the option to purchase bitcoin at the market price in a few days. Once your USD funds arrive, we will exchange them to bitcoin at the market price at approximately Friday Aug 22, 2014 at 01:40AM EDT."

That's bullish right ?!?!?

Not exactly.
Smells like manipulation to me.
Coinbase can't even "provide exact price quotes right now"?
LMFAO

They might have insider info that prices will soar by next weeks so they buy the amount now and resell to customers next friday = massive profit!

2dogs

legendary

Activity: 1267

Merit: 1000

Quote from: ?? on ??

Whoa, Coinbase is sold out..

Quote

"Note! We've exceeded our normal buy limits for today. If you would still like to purchase you will receive the market price of bitcoin on Friday Aug 22, 2014 at 01:49AM EDT after your funds have arrived. read more

Due to higher than normal buy volumes, we are unable to provide exact price quotes right now.

Instead of pausing buys entirely, we decided to give people the option to purchase bitcoin at the market price in a few days. Once your USD funds arrive, we will exchange them to bitcoin at the market price at approximately Friday Aug 22, 2014 at 01:40AM EDT."

That's bullish right ?!?!?

Not exactly.
Smells like manipulation to me.
Coinbase can't even "provide exact price quotes right now"?
LMFAO

lay785

sr. member

Activity: 266

Merit: 250

Coinbase selling out is bullish AF! In a couple of days watch the price soar. Shocked

People get your trains ready. if you can buy any amount of BTC at this low price do so now!

If anyone wanted a sign to buy back in this is your "early warning". dont miss out!

The american market is desperately wiring money to exchanges. Look at the prices on LBC . they are much higher than usual because sellers are all sold out.

jaberwock

legendary

Activity: 2814

Merit: 1128

Quote from: ?? on ??

Whoa, Coinbase is sold out..

Quote

"Note! We've exceeded our normal buy limits for today. If you would still like to purchase you will receive the market price of bitcoin on Friday Aug 22, 2014 at 01:49AM EDT after your funds have arrived. read more

Due to higher than normal buy volumes, we are unable to provide exact price quotes right now.

Instead of pausing buys entirely, we decided to give people the option to purchase bitcoin at the market price in a few days. Once your USD funds arrive, we will exchange them to bitcoin at the market price at approximately Friday Aug 22, 2014 at 01:40AM EDT."

That's bullish right ?!?!?

Y, someone is really in angry for Bitcoin.

Might means someone is buying bitcoins in places where it won't make the market moon-ish, so it is an evidence there is a pump scheduled.

justusranvier

legendary

Activity: 1400

Merit: 1013

Quote from: adamstgBit on August 16, 2014, 09:17:49 PM

Bitcoin is a weapon.

its purpose, to destroy.

its promise, a new beginning.

its method, decentralized consensus.

the corrupt fear us, the brave join us.

together we will usher in a future brighter than anyone can imagine.

free the market free the world, never stop believing.

On résiste à l'invasion des armées; on ne résiste pas à l'invasion des idées.

ChartBuddy

legendary

Activity: 2450

Merit: 2089

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

rissssing

newbie

Activity: 3

Merit: 0

Don't be fooled, they are putting millions of $ just to keep prices really really low, almost free for what Bitcoin is really worth.

Soon it will end, and all you will need to retire is one or two bitcoins.

Keep holding and buying, and you will never be wrong

Wary

hero member

Activity: 798

Merit: 1000

Who's there?

TheNewAnon135246

legendary

Activity: 2198

Merit: 1989

฿uy ฿itcoin

Quote from: Chuckee on August 17, 2014, 12:10:20 AM

Poll is unanimous that market is bullish right now. So why is nobody buying??

I always buy from a site where I can pay for bitcoin using internet banking. They usually have 300+ BTC in stock but they have been sold out for 2 days now Sad

jaberwock

legendary

Activity: 2814

Merit: 1128

515.

Where is you moon now?

2dogs

legendary

Activity: 1267

Merit: 1000

Quote from: adamstgBit on August 16, 2014, 11:54:16 PM

Quote from: Chuckee on August 16, 2014, 11:46:16 PM

*chirp* *chirp*

World changing technology guys, the main forum for it is so quiet you can hear a pin drop. Maybe that should tell you something...

where did everyone go?

did they all cash out and leave

is it only me left

is this not BULLISH AS FUCK

Cheesy

good night!

Recent drama - we had bitfinex tighten leverage, the ethereum scam, the DRK RC4 debacle, the NXT clusterfuck - all in a relatively short time period. How else do you expect the markets to react?

Blood in the street - they say its the time to buy.
Sold - to you!

Chuckee

member

Activity: 70

Merit: 10

Poll is unanimous that market is bullish right now. So why is nobody buying??

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26459. (Read 26732324 times)