Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28715. (Read 26707088 times)

newbie
Activity: 4
Merit: 0
Interesting that stamp and btc-e didnt fall that low this time, becoming resilient or just lagging behind?

Stamp +10 over Huobi is normal
legendary
Activity: 924
Merit: 1001
MY BITCOIN PARANOID APP JUST TOLD ME "BTC up from USD 0.56c to 556"

I was out of the house playing at a gig.

faaarrkkk Im so glad it was wrong. what the hell is wrong with my btc paranoid app??
member
Activity: 87
Merit: 10
It seems that every day you reveal ever more disregard for reality and honesty in pursuit of your hostile agenda.  I don't know how you can respect yourself.
No need to take it out on me.  Price will recover today, you'll see. 3628 CNY on Huobi, 593 USD on Bitstamp, by 19:30 UTC.

593$ on Stamp tonight would be a trend reversal (out of this month downtrend and triangle) and as such I would expect pre-moon stop around 800 before April end. Some indecision about the once-again-Chinaban is shuffling cards, again.
hero member
Activity: 728
Merit: 500
Not sure if still crashing on the China FUD?
Why do you guys call it "China FUD". It is a FACT that PBOC issued advisories in December

Should be priced in by now?
Yes maybe it should have been priced in but I don't think it has been, because:
1. There were delusional people who thought China might survive.
2. There was still buying and trading going on in China.

It is hard to predict and price in the exact effect that this removal of a market segment would have, especially since we don't know how much of their volume is real and how much is 'fake'.

I thought the same thing about gox but was wrong for these same reasons.
legendary
Activity: 1106
Merit: 1007
Hide your women
Not sure if still crashing on the China FUD?
Why do you guys call it "China FUD". It is a FACT that PBOC issued advisories in December saying that banks and third party payment processors should not deal with bitcoin exchanges. Chinese bitcoin exchanges have now been illegally and manipulately skirting by this for months. How long did you think it would go before some enforcement action was taken? Even if this particular news is fake, it is only a matter of time before it actually happens.

Here I was thinking that current prices were representative of a Bitcoin that had moved on from China and now we were pricing based on demand outside of China. But I guess I was wrong. We still have deluded people ACTUALLY thinking that China is still with us and that China is just going to last forever and bitcoin is perfectly ok in China, and that we should price Bitcoin based on these assumptions. "yay go china"   "omg ltc on china".  Ridiculous!

Hey, I just started trading on bitfinex and my limit order disappeared without filling. What gives? Has that ever happened to you?
Had to pay double fee to market order.
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
Not sure if still crashing on the China FUD?
Why do you guys call it "China FUD". It is a FACT that PBOC issued advisories in December

Should be priced in by now?

Apparently, china news can crash the market multiple times a year. I don't really get it.
legendary
Activity: 1600
Merit: 1014
Not sure if still crashing on the China FUD?
Why do you guys call it "China FUD". It is a FACT that PBOC issued advisories in December

Should be priced in by now?
hero member
Activity: 728
Merit: 500
Not sure if still crashing on the China FUD?
Why do you guys call it "China FUD". It is a FACT that PBOC issued advisories in December saying that banks and third party payment processors should not deal with bitcoin exchanges. Chinese bitcoin exchanges have now been illegally and manipulately skirting by this for months. How long did you think it would go before some enforcement action was taken? Even if this particular news is fake, it is only a matter of time before it actually happens.

Here I was thinking that current prices were representative of a Bitcoin that had moved on from China and now we were pricing based on demand outside of China. But I guess I was wrong. We still have deluded people ACTUALLY thinking that China is still with us and that China is just going to last forever and bitcoin is perfectly ok in China, and that we should price Bitcoin based on these assumptions. "yay go china"   "omg ltc on china".  Ridiculous!
sr. member
Activity: 441
Merit: 250
As always the selling happened well before the news hit the public, good ol' insider dumps

What? Which news?
hero member
Activity: 812
Merit: 1000
Interesting that stamp and btc-e didnt fall that low this time, becoming resilient or just lagging behind?
legendary
Activity: 1428
Merit: 1000
Everyone who sodled at 590 must be pretty pleased

Yes i am  Grin
Meanwhile bulls are sweating and $16 million longs waiting to get squeezed!
legendary
Activity: 2604
Merit: 1748
http://arxiv.org/abs/1403.6676

Interesting read re mtgox malleability issue

Good bit of research.   Confirms what most people suspected:

Quote

6 Conclusion
The transaction malleability problem is real and should be considered when im-
plementing Bitcoin clients. However, while MtGox claimed to have lost 850,000
bitcoins due to malleability attacks, we merely observed a total of 302,000 bit-
coins ever being involved in malleability attacks. Of these, only 1,811 bitcoins
were in attacks before MtGox stopped users from withdrawing bitcoins. Even
more, 78.64% of these attacks were ineffective. As such, barely 386 bitcoins
could have been stolen using malleability attacks from MtGox or from other
businesses. Even if all of these attacks were targeted against MtGox, MtGox
needs to explain the whereabouts of 849,600 bitcoins.

/Quote

I am not sure Gox ever claimed malleability lost ALL the coins, but at least it is not possible malleability was significant.


hero member
Activity: 812
Merit: 1000
As always the selling happened well before the news hit the public, good ol' insider dumps
legendary
Activity: 1600
Merit: 1014
Not sure if still crashing on the China FUD?
hero member
Activity: 854
Merit: 1000
Everyone who sodled at 590 must be pretty pleased
legendary
Activity: 1106
Merit: 1007
Hide your women
Did you mean Catalonia by any chance?  Wink

Lol, I was lazy and didn't fact check.  Yes, the one in Spain.  

I am expecting the billyjoeallen's reply:

Quote
Wait! but isn't Spain down there in Mexico where all those spanish come from?  Huh

 Grin

I wouldn't do that. I may not know much about Catalan seccessionism, but I do know how to google, Motherfucker. 
legendary
Activity: 952
Merit: 1000
Yeah! I hate ShroomsKit!
Did you mean Catalonia by any chance?  Wink

Lol, I was lazy and didn't fact check.  Yes, the one in Spain.  

I am expecting the billyjoeallen's reply:

Quote
Wait! but isn't Spain down there in Mexico where all those spanish come from?  Huh

 Grin
legendary
Activity: 1162
Merit: 1007
Did you mean Catalonia by any chance?  Wink

Lol, I was lazy and didn't fact check.  Yes, the one in Spain.  
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