Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27834. (Read 26709972 times)
May 07, 2014, 06:30:25 AM
OMG ! AFTER MONTHS OF WAITING FINALLY CCMF PICTUREZZZ !!!!1
May 07, 2014, 06:30:14 AM
You're most probably right TERA but still, it's refreshing. Also, trains.
I like this train. It is original. Is that the monopoly man?
May 07, 2014, 06:28:00 AM
You're most probably right TERA but still, it's refreshing. Also, trains.
May 07, 2014, 06:26:53 AM
It is a crazy mentality that builds on Huobi every time there is any kind of news and any kind of momentum builds. It's like "Oh my god. It's happening. China must have unbanned bitcoin, and/or this is the end of the bear market - right here is the reversal. I need to buy right now because this is the last bitcoin on Earth before $1,000".
Then later there is some horrific crash.
Then later there is some horrific crash.
May 07, 2014, 06:24:49 AM
Shorts closing on Huobi? 
May 07, 2014, 06:24:27 AM
It's not a real pump without a few train pics...HANG ON TIGHT!... CCMF!
May 07, 2014, 06:17:44 AM
What if Huobi now has a system in place that would only let the price fluctuate 50 yuan a day? To protect its traders?
edit: I know it sounds crazy but we are dealing with an exchange in distress here.
[...]
fake sells as soon as price rises too much and fake buys as soon as price drops too much? Or stop processing buy or sell orders as soon as max or min price for that day has been reached?
edit: like I said before it is far fetched, but it would kill volatility
A really fake transaction is possible only within the real spread, so it cannot change the price beyond those bounds. I believe MtGOX did that to suggest that the price was rising when there was no volume, OKCoin does that perhaps to increase volume, and other exchanges do that to mask the absence of real trades. That may be why the charts of Bitstamp etc. look like broad bands rather than thin staircases (like BTC-China used to be in the voucher era).edit: I know it sounds crazy but we are dealing with an exchange in distress here.
[...]
fake sells as soon as price rises too much and fake buys as soon as price drops too much? Or stop processing buy or sell orders as soon as max or min price for that day has been reached?
edit: like I said before it is far fetched, but it would kill volatility
To stop the price from rising beyond a certain limit the exchange would have to do real sales of BTC at that chosen price. That would cost the exchange an unbounded amount of BTC, since every buyer who was willing to pay a higher price would buy into the exchange's wall. Ditto for the other direction.
After one of the large crashes (forgot the year), real stock exchanges implemented a safety switch that stops trading automatically if the price changes too much too fast. But that cannot be abused: the exchange's job is to make trading possible, if the clients want the price to be X the exchange must let them do it.
May 07, 2014, 06:14:20 AM
Or same ol' insiders frontrunning
May 07, 2014, 06:09:17 AM
good ole spring time optimism
May 07, 2014, 06:08:25 AM
On to more serious matters, why are there such big buy orders on Huobi?
Because of all the hot newses that the exchange owners wrote. May 07, 2014, 06:07:51 AM
On to more serious matters, why are there such big buy orders on Huobi?
China unbanned Bitcoin
Its starting to be the last chance for any Chinese people to easily get some skin in the game lol
May 07, 2014, 06:07:22 AM
On to more serious matters, why are there such big buy orders on Huobi?
Momentum, people see people buy , they buy..
May 07, 2014, 06:05:17 AM
On to more serious matters, why are there such big buy orders on Huobi?
May 07, 2014, 06:03:29 AM
Why the fuck does bitstamp do ripple? Seriously, they are generally a good exchange, but wtf is that?
It's been a year already. Because Ripple will federate exchanges between gateways. Try to read more on Ripple. Fidor Bank is also part of Ripple Network now. Kraken will soon be a gateway too.
May 07, 2014, 06:00:57 AM
May 07, 2014, 05:56:15 AM
Why the fuck does bitstamp do ripple? Seriously, they are generally a good exchange, but wtf is that?
May 07, 2014, 05:41:34 AM
Bitscamp is pumping?
May 07, 2014, 05:41:23 AM
I think the Chinese exchanges should also make a resolution to show the entire order book.
why not real volume ? At least on ripple you can monitor everything. Bitstamp is already in.
Bitstamp is in for reasons....
What reasons? I'm still puzzled why bitstamp is still supporting ripple, might be they were allocated a few million xrp as incentive..
Try to understand why Ripple is a very interesting thing then you'll understand why Bitstamp and Fidor adopted it and why others will follow.
because it is politics 2.0, they probably received a ton of xrp.
May 07, 2014, 05:40:22 AM
Somebody's buying...
May 07, 2014, 05:39:49 AM
I think the Chinese exchanges should also make a resolution to show the entire order book.
why not real volume ? At least on ripple you can monitor everything. Bitstamp is already in.
Bitstamp is in for reasons....
What reasons? I'm still puzzled why bitstamp is still supporting ripple, might be they were allocated a few million xrp as incentive..
Try to understand why Ripple is a very interesting thing then you'll understand why Bitstamp and Fidor adopted it and why others will follow.
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