Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28530.

JayJuanGee

legendary

Activity: 3948

Merit: 11416

Self-Custody is a right. Say no to"Non-custodial"

Quote from: aminorex on April 02, 2014, 07:52:26 PM

Quote from: chessnut on April 02, 2014, 07:50:45 PM

Quote from: aminorex on April 02, 2014, 07:48:50 PM

if you already have CNY on the exchange then arbitrage is possible.

Then arbitrage potential must be limited, because the loop is closed.

if you just walk in to the exchange with cash in hand, you can load up all you want.

if you have $100 million in dirty money in China you need to move, your lucky day has just ARRIVED

I was also wondering a good use for the Bitcoin ATMs... and this may be one of those good uses, no?

chessnut

legendary

Activity: 924

Merit: 1001

Quote from: aminorex on April 02, 2014, 08:45:03 PM

Hey, if I can laugh and troll bearish, we've not seen capitulation yet.

Is that how it works?

No, thats not how it works. But you can keep laughing and trolling if you want.

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

Quote from: aminorex on April 02, 2014, 08:21:31 PM

Here's hoping BJA either sold a little on the spike or found something to hock.

If the posted bids down to 400.01 were dumped at market, they would buy up to 490.76

I closed my margin long @ $478 and took a good pounding. My biggest loss ever. Note to self: Never hold a margin position overnight.

BBmodBB

full member

Activity: 154

Merit: 100

BTC = FREEDOM IS OUR ONLY HOPE!

Quote from: chessnut on April 02, 2014, 08:34:54 PM

Quote from: BBmodBB on April 02, 2014, 08:33:41 PM

how do you go short BTC? =\ tia!

Bitfinex.com

^looks sketchy ~ Hong Kong? i'll stay away >> https://bitcointalk.org/index.php?topic=229438.3120

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Quote from: ?? on ??

Quote from: JayJuanGee on April 02, 2014, 08:30:05 PM

Quote from: ?? on ??

Everyone expect china will dump more despite we sow that only 3party deposits are baned (what we should get over already in december)... It can happen that we will actually go up Wink

Edit: This week numbers from Second Market can be very big... Grin

(or not)

This whole matter remains extremely confusing to me. I thought the December 2013 disclosure of the news was that banks could NOT deal directly with exchanges concerning bitcoin but 3rd parties could. And, this was supposedly effective February 1. However, the later clarifications is to take away the 3rd party options to put fiat into exchanges through 3rd parties ... so that makes it unclear about the chinese options to get fiat into the btc exchanges... The matter still has NOT been clarified exactly b/c BTCChina and Huobi have NOT announced that they are affected.

Am I missing something?

As far as I read out from coindesk article, deposits and withraws via bank accounts will still be possible... Also Lee wrote that down if I'm correct.

Quote

Mini rally just starting now. personally don't think you will get $9.99 LTC. at least not today]Mini rally just starting now. personally don't think you will get $9.99 LTC. at least not today

Yep and 10.5$ looks strong. I sold at 13.2$ so I have enough to speculate

How strong it is means nothing really as it just follows bitcoin. If Bitcoin goes south, no strength will keep litecoin to stay north.

David M

sr. member

Activity: 476

Merit: 250

Quote from: fonzie on April 02, 2014, 08:44:47 PM

1w EMA soon about to get intimate.
When that happens true holders will be seperated from wannabe holders.
I assume a lot of them will change to the latter one.

A true holder will not blink until July 2013 prices.

JayJuanGee

legendary

Activity: 3948

Merit: 11416

Self-Custody is a right. Say no to"Non-custodial"

Quote from: mmitech on April 02, 2014, 06:36:12 PM

Quote from: fonzie on April 02, 2014, 06:34:28 PM

Confirmed!

Will the price get lower the higher i get?

try it out and let us know about the results Cheesy

Knock yourself out!!!! Break a leg!!!

David M

sr. member

Activity: 476

Merit: 250

Quote from: fonzie on April 02, 2014, 08:39:27 PM

Could someone please explain me the difference between FUD and facts? Is there a straight line?
Thanks
Fonzie

If the quote comes from a government source = FUD

Facts are what you experience. i.e The places you can spend bitcoins.

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Price stability has arrived! Henceforth, bitcoin will be fixed to the dollar at 427.50. Yellen buys at 427.49, and Nabiullina sells at 427.51. Thank goodness the central banks have stepped in.

KeyserSoze

hero member

Activity: 560

Merit: 500

It looks like even Professor Bitcorn owns Bitcoin:
http://www.reddit.com/r/Bitcoin/comments/221vse/professor_bitcorn_strikesagain/cgimlm8

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Quote from: chessnut on April 02, 2014, 08:39:07 PM

Quote from: aminorex on April 02, 2014, 08:36:39 PM

hey you can always buy it back cheaper, right? cleverest thing ever. what could go wrong?

you asking me like you are unsure.

this is reversal territory. you are all at risk of being squeezed.

there is no rest for a bunch of back stabbing bears.

Hey, if I can laugh and troll bearish, we've not seen capitulation yet.

Is that how it works?

fonzie

hero member

Activity: 504

Merit: 500

Moderator

1w EMA soon about to get intimate.
When that happens true holders will be seperated from wannabe holders.
I assume a lot of them will change to the latter one.

JayJuanGee

legendary

Activity: 3948

Merit: 11416

Self-Custody is a right. Say no to"Non-custodial"

Quote from: JorgeStolfi on April 02, 2014, 06:23:10 PM

Quote from: ?? on ??

Everyone expect china will dump more despite we sow that only 3party deposits are baned (what we should get over already in december)... It can happen that we will actually go up Wink

Actually two exchanges (BTC38 and FXBTC) reported receiving notices from their banks that deposits should be blocked.

Quote from: ?? on ??

Edit: This week numbers from Second Market can be very big... Grin

(or not)

This thread monitors SecondMarket's Bitcoin Investment Fund purchases:
https://bitcointalksearch.org/topic/gbtc-bitcoin-investment-trust-observer-337486
The fund is supposed to buy bitcoins only if and when other people choose to invest in them. (You buy 10 SMBIT shares, they buy 1 BTC for you and keep it safe. After some years they may allow you to liquidate: you return the shares, they sell 1 BTC for you and give you the money, minus fees.)

OK so now we are NO longer talking about 3rd parties but we are talking about banks... we already know that they cannot deal with banks.. that is NOT new.. the only thing that would be new would be if they could NOT accept fiat from 3rd parties.. no? what am I missing?

JayJuanGee

legendary

Activity: 3948

Merit: 11416

Self-Custody is a right. Say no to"Non-custodial"

Quote from: adamstgBit on April 02, 2014, 06:14:58 PM

Quote from: edwardspitz on April 02, 2014, 06:12:15 PM

Quote from: adamstgBit on April 02, 2014, 06:01:30 PM

Quote from: tarmi on April 02, 2014, 06:00:42 PM

Quote from: tarmi on April 02, 2014, 06:00:24 PM

Quote from: adamstgBit on April 02, 2014, 05:58:05 PM

Quote from: TERA on April 02, 2014, 05:56:28 PM

Can you guys stop feeling entitled to a rally every 9 months and accept for once that bitcoin is in a downtrend and stop calling everything FUD? It's getting old and doesn't help anything.

such FUD

I am HODLING.

confirmed!

confirmed!

hodler ~~unit~~ unite!, and confirm your willingness to HODL

I'm hodling. Expected a drop today, but not quite so big Shocked

keep hodling!

do we have more hodlers?

confirm your willingness to HODL!

I will confirm that I am mostly HOdling... but I cannot resist to buy a few here and there as the price gets lower... part of the reason for the buying is that i cannot tell if the price is going to go lower or not.. .so I want to keep buying.

fonzie

hero member

Activity: 504

Merit: 500

Moderator

I am also new in here.
Could someone please explain me the difference between FUD and facts? Is there a straight line?
I´m a bit confused.
Thanks
Fonzie

chessnut

legendary

Activity: 924

Merit: 1001

Quote from: aminorex on April 02, 2014, 08:36:39 PM

hey you can always buy it back cheaper, right? cleverest thing ever. what could go wrong?

you asking me like you are unsure.

this is reversal territory. you are all at risk of being squeezed.

there is no rest for a bunch of back stabbing bears.

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Quote from: chessnut on April 02, 2014, 08:31:56 PM

Quote from: aminorex on April 02, 2014, 08:29:24 PM

Quote from: chessnut on April 02, 2014, 08:26:06 PM

Quote from: aminorex on April 02, 2014, 08:23:38 PM

Also, no deflation problem.

deflation is not a problem at all with BTC.

BTC is a problem for you if you don't like deflation.

lol making perfect sense right there. you should short some more BTC you smart cookie Wink

hey you can always buy it back cheaper, right? cleverest thing ever. what could go wrong?

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: lynn_402 on April 02, 2014, 08:13:45 PM

Quote from: serenitys on April 02, 2014, 08:09:26 PM

*raises hand*

I've seen this dozens of times but not sure if I'm understanding it right. Please clarify bull, bear, bull/bear trap, fud, ta, hodl, red candle, green candle, firecracker, sparkler, etc?

Bulls expect the value to go up so hold their investments and ride it up. Bears are more like chicken little, the sky falls every time there's a drop, so they freak out, sell off and doom the thing to hell. Bulls like it when bears panic sell because the rates to buy are way low...and then a rally happens when people - the bulls - and whoever else start buying up fast, which increases the price/value and makes everyone's investments worth more at the end but meanwhile bears and bulls like to scare the crap out of each other to see which one caves first?

Is that about close?

Yes? No? Sorta? Thanks! Grin

You're quite right! Also, fud means "Fear, uncertainty and doubt", usually used for unconfirmed bad news that bears use to crash the market. TA is trend analysis, which means making educated guesses based on charts. Green candle=price up. Red candle=price down. Hodl=hold, ie not sell. A bear trap is a short-term drop in price while the market is in uptrend (trap because bears lose money there, if they believe that the short-term downtrend is actually medium or long-term).
Have fun Wink

lets put all that into practice

TA from ATH to today clearly shows that the FUD made what should have been more Green candles, Red candles, and a mid term bear trap has been painted, Hodlers have confirmed that they are in fact HODLING.

JayJuanGee

legendary

Activity: 3948

Merit: 11416

Self-Custody is a right. Say no to"Non-custodial"

Quote from: ?? on ??

Quote from: JayJuanGee on April 02, 2014, 05:56:55 PM

...
I agree with you about the need to establish prices outside of exchanges - or at least in some kind of manner that is more difficult to manipulate..... .... and that way the BTC price would reflect overall demand and adoption better... This may improve with large adoption and larger market cap.. lets say if the market cap was 1 trillion or more... but we even know that gold prices are manipulated. and that gold is 7 trillion market cap.

I'm not sure a high market cap would help as the more mainstream it gets the less reason there is to have it on an exchange unless exchanges can guarantee security equal to a paper wallet but that's more or less the same situation as gold and gold exchanges worked ok for centuries. I'm watching Open Transactions closely, it has a lot of potential and might could be an improvement on exchanges but its a long time in development.

WE may be talking about the same thing or maybe in different languages; however, I though that various projects such as master coin and colored coins and maybe Nxt, were supposed to be mechanisms that are being built in order that we do NOT heed to entrust 3rd parties... anyhow, maybe those kinds of entities will help to establish price in a broader way and a NON centralized way and less vulnerable to manipulation.

chessnut

legendary

Activity: 924

Merit: 1001

Quote from: BBmodBB on April 02, 2014, 08:33:41 PM

how do you go short BTC? =\ tia!

Bitfinex.com

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28530. (Read 26708805 times)