Will not be long until we get some serious action from Argentina in the crypto world no doubt...
https://news.vice.com/article/talons-out-argentina-desperately-fighting-vulture-funds-over-debt?utm_source=vicenewstwitter
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27097. (Read 26710536 times)
June 21, 2014, 10:06:33 AM
June 21, 2014, 10:02:04 AM
I think the blockchain.info bitcoin days destroyed chart is looking interesting. There was a spike up when the SR coin auction was announced, plenty of old coins got cashed out to raise money for bidding in the auction I guess. But as of yesterday the 7 day average has moved all the way down to a low point where it was in mid-May prior to that big rally move starting.
June 21, 2014, 10:00:50 AM
June 21, 2014, 09:57:16 AM
We've just broken 600$ on huobi and getting soe volume also!
Yeah, watch how Huobi tries to go up but Stamp refuses to budge.
My theories:
1. Huobi volume really is fake, and Stamp knows it. Thus refuses to follow such a small percentage of the market in the up direction.
2. Stamp is deliberately holding down the market, fake sell walls, etc. Probably on purpose until the SR coins are sold.
My money is more on #2, because Stamp seems to have no problem following Huobi in the down direction.
(Although I'm still not convinced Huobi's volume is 100% accurate)
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Let's hope 2 is right! Ready for liftoff.
June 21, 2014, 09:52:50 AM
More news from Italy. This is basically an a nice primer on all that is bitcoin. It came out on the 20'th of June after the hearings from the House of Representatives in Italy. It sounds like they will be installing a Robocoin ATM in Rome by the end of June. One thing I do remember from their hearings is that one of the speakers said that they missed out on the early adoption of the internet, and they don't want to repeat that mistake with bitcoin. This is a good start I guess.
One thing to note here is that there is yet another event that converges on the 26'th. It sounds like Robocoin will be making a presentation and there will be discussion on how to regulate their ATM's.
One thing to note here is that there is yet another event that converges on the 26'th. It sounds like Robocoin will be making a presentation and there will be discussion on how to regulate their ATM's.
Splendid stuff. . . the tsunami is building, and at a fair old rate.
Only fools try to stand in the way of a tsunami.
Lets get the italian maffia in bitcoin
Much better than those suitcases of filthy FIAT.
For the moment - methinks they would prefer the suitcases of Fiat - easy to play games with, plus they are not fans of change not unless they control it.
June 21, 2014, 09:51:41 AM
In all honesty I wouldn't mind seeing some cheap coins one more time
I'll sell you as many coins as you want for $0.25 each. Let me know how many dimes you want.
Make it silver dimes and you have a deal...
http://www.coinflation.com/coins/1946-1964-Silver-Roosevelt-Dime-Value.html
Ah Bitcoin, never will you be debased by being made from cheaper metals.
June 21, 2014, 09:47:47 AM
More news from Italy. This is basically an a nice primer on all that is bitcoin. It came out on the 20'th of June after the hearings from the House of Representatives in Italy. It sounds like they will be installing a Robocoin ATM in Rome by the end of June. One thing I do remember from their hearings is that one of the speakers said that they missed out on the early adoption of the internet, and they don't want to repeat that mistake with bitcoin. This is a good start I guess.
One thing to note here is that there is yet another event that converges on the 26'th. It sounds like Robocoin will be making a presentation and there will be discussion on how to regulate their ATM's.
One thing to note here is that there is yet another event that converges on the 26'th. It sounds like Robocoin will be making a presentation and there will be discussion on how to regulate their ATM's.
Splendid stuff. . . the tsunami is building, and at a fair old rate.
Only fools try to stand in the way of a tsunami.
Lets get the italian maffia in bitcoin
Much better than those suitcases of filthy FIAT.
June 21, 2014, 09:47:33 AM
June 21, 2014, 09:44:44 AM
More news from Italy. This is basically an a nice primer on all that is bitcoin. It came out on the 20'th of June after the hearings from the House of Representatives in Italy. It sounds like they will be installing a Robocoin ATM in Rome by the end of June. One thing I do remember from their hearings is that one of the speakers said that they missed out on the early adoption of the internet, and they don't want to repeat that mistake with bitcoin. This is a good start I guess.
One thing to note here is that there is yet another event that converges on the 26'th. It sounds like Robocoin will be making a presentation and there will be discussion on how to regulate their ATM's.
One thing to note here is that there is yet another event that converges on the 26'th. It sounds like Robocoin will be making a presentation and there will be discussion on how to regulate their ATM's.
Splendid stuff. . . the tsunami is building, and at a fair old rate.
Only fools try to stand in the way of a tsunami.
June 21, 2014, 09:27:54 AM
Yes. And stop loss orders are not guaranteed, it depends on depth of buyers, and of course since they have level 3 inside access they know where the price points are at.
Bitfinex are a bunch of greasy thieving frog bastards, and I would gladly smack anyone of them in the mouth any day of the week, just for that one time when my short stop loss was behind a wall of about 1000 BTC one minute, then triggered on low treble digit volume the next on a final 'Fuck You' rally (that didn't happen on Stamp) before the market tanked.
But that is the unregulated Wild West world of Bitcoin for ya.
Agreed. We the company will give you more leverage so we can make more money, and will give you automatic credit line and charge high interest loan rates. alot of these exchanges have fake and low volume so thats why they make the dough through the spread and ripping off customers.
June 21, 2014, 09:23:41 AM
More news from Italy. This is basically an a nice primer on all that is bitcoin. It came out on the 20'th of June after the hearings from the House of Representatives in Italy. It sounds like they will be installing a Robocoin ATM in Rome by the end of June. One thing I do remember from their hearings is that one of the speakers said that they missed out on the early adoption of the internet, and they don't want to repeat that mistake with bitcoin. This is a good start I guess.
One thing to note here is that there is yet another event that converges on the 26'th. It sounds like Robocoin will be making a presentation and there will be discussion on how to regulate their ATM's.
One thing to note here is that there is yet another event that converges on the 26'th. It sounds like Robocoin will be making a presentation and there will be discussion on how to regulate their ATM's.
June 21, 2014, 09:22:01 AM
Yes. And stop loss orders are not guaranteed, it depends on depth of buyers, and of course since they have level 3 inside access they know where the price points are at.
Bitfinex are a bunch of greasy thieving frog bastards, and I would gladly smack anyone of them in the mouth any day of the week, just for that one time when my short stop loss was behind a wall of about 1000 BTC one minute, then triggered on low treble digit volume the next on a final 'Fuck You' rally (that didn't happen on Stamp) before the market tanked.
But that is the unregulated Wild West world of Bitcoin for ya.
June 21, 2014, 09:15:47 AM
We've just broken 600$ on huobi and getting soe volume also!
Yeah, watch how Huobi tries to go up but Stamp refuses to budge.
My theories:
1. Huobi volume really is fake, and Stamp knows it. Thus refuses to follow such a small percentage of the market in the up direction.
2. Stamp is deliberately holding down the market, fake sell walls, etc. Probably on purpose until the SR coins are sold.
My money is more on #2, because Stamp seems to have no problem following Huobi in the down direction.
(Although I'm still not convinced Huobi's volume is 100% accurate)
On both Huobi and Bitfinex, there is leveraged trading and probably fake volume. Certainly from having watched Bitfinex and witnessed these large flash trades that come out of knowhere and register something like 247BTC @ <$3< around spot price, but has no impact at all on depth of Ask/Bid walls, I am 99% sure that Bitfinex buff their volume and that means chart indicators using Bitfinex data will be skewed and false. From having traded on Bitfinex, I am also pretty certain that a lot of stop loss farming goes on within that exchange and having once witnessed my one of my short stop loss buy orders represent the very top of the market which then plunged around $50 (I was fucking furious), I am pretty sure that the stop loss farmers are 'friends of the exchange' itself. In otherwords, Huobi and Bitfinex are hookey exchanges that just aren't to be trusted, as is BTC-e. Bitstamp for all it's annoyances and faults, is the only large Bitcoin exchange I would deem as being honest.
So without any of the fake volume, the fake wall depth which instils a false sense of confidence in traders, or any of the insider stop/limit order farming, Bitstamp is the exchange which is the most liquid, honest, and the truest representative of where Bitcoin is going. Huobi and Bitfinex are trying to break up the way against the grain of all the near term indicators because:
a) they are manipulated
b) stop loss farmers are going after risk intolerant stop loss orders
Bitstamp isn't following because the big players on there know that right now, the market needs to clean itself out a bit before further progress up the charts can be made. Not least of all, due to the maxed out over extended leverage on the large corrupt, crooked, and hookey exchanges. What whale is going to make large Bitcoin purchases only to have all these maxed out over extended longs cash out at the whales' expense?
If you look at the Bitstamp charts, clear and logical chart formations are made. Bitfinex on the the otherhand is erratic and all over the fucking shop, frequently registering these strange low volume spikes and dips.
Yes. And stop loss orders are not guaranteed, it depends on depth of buyers, and of course since they have level 3 inside access they know where the price points are at.
June 21, 2014, 09:11:18 AM
We've just broken 600$ on huobi and getting soe volume also!
Yeah, watch how Huobi tries to go up but Stamp refuses to budge.
My theories:
1. Huobi volume really is fake, and Stamp knows it. Thus refuses to follow such a small percentage of the market in the up direction.
2. Stamp is deliberately holding down the market, fake sell walls, etc. Probably on purpose until the SR coins are sold.
My money is more on #2, because Stamp seems to have no problem following Huobi in the down direction.
(Although I'm still not convinced Huobi's volume is 100% accurate)
On both Huobi and Bitfinex, there is leveraged trading and probably fake volume. Certainly from having watched Bitfinex and witnessed these large flash trades that come out of knowhere and register something like 247BTC @ <$3< around spot price, but has no impact at all on depth of Ask/Bid walls, I am 99% sure that Bitfinex buff their volume and that means chart indicators using Bitfinex data will be skewed and false. From having traded on Bitfinex, I am also pretty certain that a lot of stop loss farming goes on within that exchange and having once witnessed my one of my short stop loss buy orders represent the very top of the market which then plunged around $50 (I was fucking furious), I am pretty sure that the stop loss farmers are 'friends of the exchange' itself. In otherwords, Huobi and Bitfinex are hookey exchanges that just aren't to be trusted, as is BTC-e. Bitstamp for all it's annoyances and faults, is the only large Bitcoin exchange I would deem as being honest.
So without any of the fake volume, the fake wall depth which instils a false sense of confidence in traders, or any of the insider stop/limit order farming, Bitstamp is the exchange which is the most liquid, honest, and the truest representative of where Bitcoin is going. Huobi and Bitfinex are trying to break up the way against the grain of all the near term indicators because:
a) they are manipulated
b) stop loss farmers are going after risk intolerant stop loss orders
Bitstamp isn't following because the big players on there know that right now, the market needs to clean itself out a bit before further progress up the charts can be made. Not least of all, due to the maxed out over extended leverage on the large corrupt, crooked, and hookey exchanges. What whale is going to make large Bitcoin purchases only to have all these maxed out over extended longs cash out at the whales' expense?
If you look at the Bitstamp charts, clear and logical chart formations are made. Bitfinex on the the otherhand is erratic and all over the fucking shop, frequently registering these strange low volume spikes and dips that just don't make any sense.
June 21, 2014, 09:10:06 AM
Yeah, watch how Huobi tries to go up but Stamp refuses to budge.
My theories:
1. Huobi volume really is fake, and Stamp knows it. Thus refuses to follow such a small percentage of the market in the up direction.
2. Stamp is deliberately holding down the market, fake sell walls, etc. Probably on purpose until the SR coins are sold.
Also Bitstamp charges transaction fees, which means that arbitrage will not be profitable until there is a certain minimum difference in the prices, either way. Therefore it tends to stay put for a while, whenever the trend reverses at the other exchanges. Think of dragging a brick by string. My theories:
1. Huobi volume really is fake, and Stamp knows it. Thus refuses to follow such a small percentage of the market in the up direction.
2. Stamp is deliberately holding down the market, fake sell walls, etc. Probably on purpose until the SR coins are sold.
June 21, 2014, 09:01:50 AM
We've just broken 600$ on huobi and getting soe volume also!
Yeah, watch how Huobi tries to go up but Stamp refuses to budge.
My theories:
1. Huobi volume really is fake, and Stamp knows it. Thus refuses to follow such a small percentage of the market in the up direction.
2. Stamp is deliberately holding down the market, fake sell walls, etc. Probably on purpose until the SR coins are sold.
My money is more on #2, because Stamp seems to have no problem following Huobi in the down direction.
(Although I'm still not convinced Huobi's volume is 100% accurate)
Yes, people that are going to bid in the auction are likely trying to hold prices down. When they remove those restrictions. The loaded spring will be set lose ...
June 21, 2014, 09:00:50 AM
June 21, 2014, 08:54:56 AM
We've just broken 600$ on huobi and getting soe volume also!
Yeah, watch how Huobi tries to go up but Stamp refuses to budge.
My theories:
1. Huobi volume really is fake, and Stamp knows it. Thus refuses to follow such a small percentage of the market in the up direction.
2. Stamp is deliberately holding down the market, fake sell walls, etc. Probably on purpose until the SR coins are sold.
My money is more on #2, because Stamp seems to have no problem following Huobi in the down direction.
(Although I'm still not convinced Huobi's volume is 100% accurate)
June 21, 2014, 08:51:57 AM
We've just broken 600$ on huobi and getting soe volume also!
But Stamp is not acting much, still around 590.
June 21, 2014, 08:39:32 AM
We've just broken 600$ on huobi and getting soe volume also!
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