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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28142. (Read 26710299 times)

full member
Activity: 395
Merit: 100
Market Integration Platform
legendary
Activity: 2338
Merit: 1035
legendary
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
hey Jorge, there just was a 600BTC buy on Bitstamp while Huobi did nothing  Kiss
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Bye bye, my time in here is done. PBOC and J.P. Morgan finally paid the rest of the agreed salary. See you all after the top of the next bubble. Kiss


Will you be using the same user name or a different one (when you come back, that is)?
newbie
Activity: 47
Merit: 0
Someone requested a wall observation, so here is one. At Kraken BTC/EUR there is a 33 buy wall (that is quite a bit on Kraken). When the price hit 374 EUR that triggered a 35 BTC dump @ market. Very strange. I think that was ment to have triggered a 35 BTC buy instead  Smiley I want to buy into that wall but I have no fiat left Smiley

I've seen this happen a couple of times now, very strange to be using those orders on Kraken
sr. member
Activity: 546
Merit: 250
Someone requested a wall observation, so here is one. At Kraken BTC/EUR there is a 33 buy wall (that is quite a bit on Kraken). When the price hit 374 EUR that triggered a 35 BTC dump @ market. Very strange. I think that was ment to have triggered a 35 BTC buy instead  Smiley I want to buy into that wall but I have no fiat left Smiley

Edit: And it is gone/bought.
sr. member
Activity: 546
Merit: 250
Someone requested a wall observation, so here is one. At Kraken BTC/EUR there is a 33 buy wall (that is quite a bit on Kraken). When the price hit 374 EUR that triggered a 35 BTC dump @ market. Very strange. I think that was ment to have triggered a 35 BTC buy instead  Smiley I want to buy into that wall but I have no fiat left Smiley
hero member
Activity: 560
Merit: 500
I read somewhere that there was a guy sitting next to a bitcoin ATM (in North America, IIRC), offering better deals than the ATM.
Yes it was here in Vancouver, the owner chose to hire a musician paid minimum wage to tell the ATM poachers to piss off, the coffee shop owner permitted it because he got live music.
I see a great business opportunity for people who own bitcoins AND play the guitar.  Cheesy

Wow, I never considered this could be an alternative career for me!
hero member
Activity: 560
Merit: 500

Celebratory queue outside Latin America's first ever Bitcoin ATM. Apparently the government needed to helicoptor-in some water for the crowd.



The preceding image and text are merely an artist's rendering of an interpretation of a dream. It may not be founded in reality. In fact it could be construed in entirety as delirious fabrication.
hero member
Activity: 910
Merit: 1003
I read somewhere that there was a guy sitting next to a bitcoin ATM (in North America, IIRC), offering better deals than the ATM.
Yes it was here in Vancouver, the owner chose to hire a musician paid minimum wage to tell the ATM poachers to piss off, the coffee shop owner permitted it because he got live music.
I see a great business opportunity for people who own bitcoins AND play the guitar.  Cheesy
legendary
Activity: 1372
Merit: 1000

By the way, The former owner of MercadoBitcoin, the company that set up that ATM, was also the creator of BitcoinRain, a Brazilian ponzi that collapsed after allegedly taking some 12,000 bitcoins from investors.  According to the then-owner, a hacker invaded MercadoBitcoin and stole all the BitcoinRain funds --- by COINcidence, just after they received a major withdrawal request.   That person later sold MercadoBitcoin to other people, who naturally do not see themselves responsible for the losses of BitcoinRain's clients.

thanks for that I remember the incident, I never looked into it because i couldn't understand why someone would trust there Bitcoin to a untrusted 3rd party, that and it seemed far away.

edit: To be honest I have noticed a lot of the motivation behind some of the innovation happening in Bitcoin is a way to launder stolen coins.  
legendary
Activity: 2380
Merit: 1823
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hero member
Activity: 910
Merit: 1003

By the way, The former owner of MercadoBitcoin, the company that set up that ATM, was also the creator of BitcoinRain, a Brazilian ponzi that collapsed after allegedly taking some 12,000 bitcoins from investors.  According to the then-owner, a hacker invaded MercadoBitcoin and stole all the BitcoinRain funds --- by COINcidence, just after they received a major withdrawal request.   That person later sold MercadoBitcoin to other people, who naturally do not see themselves responsible for the losses of BitcoinRain's clients.
legendary
Activity: 1372
Merit: 1000
So Jorge can now run people through the risk of bitcoin before they purchase, he'll be like a warning disclaimer.
I read somewhere that there was a guy sitting next to a bitcoin ATM (in North America, IIRC), offering better deals than the ATM.

Yes it was here in Vancouver, the owner chose to hire a musician paid minimum wage to tell the ATM poachers to piss off, the coffee shop owner permitted it because he got live music.

legendary
Activity: 1372
Merit: 1000
And the (apparently) best-informed description of the Chinese bitcoin traders that I have seen was not on Coindesk or Bloomberg, but on the Christian Monitor, of all sources.

If you follow the informal meetups and presentations people give around the world, you would have known months before October that Chinese funds were poring in to Bitcoin. One cant expect the media to react to that before it was news.

The only news worth noting in china will come from an official Chinese news source and it will start something like this; In the best interest of the Chinese people... 

My statistical analysis shows that your contributions to this tread has increased the correlation with price in China.

It appears to me the price in China is irrelevant, it it is 7% or above the west I will find a way to pay suppliers via Bitcoin, if it is below I will pay suppliers in Fiat, and the free market will arbitrage the coins back.
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