I decided I would take one for the team and sell some BTC, this usually triggers an upswing immediately afterward. You're welcome! 
You may just get your wish in a few days.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28934. (Read 26609914 times)
March 08, 2014, 07:14:52 PM
You may just get your wish in a few days.
March 08, 2014, 06:43:30 PM
Does anyone know of a page/site where I can watch the spread between the different markets? To spot arbitrage opportunities.
Try Here
How long does it take to get your money? I've wondered if normal international wire transfers would be about the same speed. But if Coinbase takes just a few dollars for small transactionsthen that would be ideal too.
Up to 4 business days. It said by Thursday March 13, 2014, though usually it comes earlier.
Edit:
From the site: When you sell bitcoin, the money usually arrives in your bank account in 1-3 business days. The amount of time it takes can vary based on who you bank with.
March 08, 2014, 06:40:06 PM
I decided I would take one for the team and sell some BTC, this usually triggers an upswing immediately afterward. You're welcome!
yep it worked, made me smile but i'm sorry for your (hope small) loss, unless you were just joking
I just sold 0.66 bitcoin with @Coinbase!
Just some to pay bills.
How long does it take to get your money? I've wondered if normal international wire transfers would be about the same speed. But if Coinbase takes just a few dollars for small transactionsthen that would be ideal too.
March 08, 2014, 05:17:32 PM
I decided I would take one for the team and sell some BTC, this usually triggers an upswing immediately afterward. You're welcome!
yep it worked, made me smile but i'm sorry for your (hope small) loss, unless you were just joking
NOW>>>> if we could just get up to $666 again... Maybe that could be the new poll question, even though the old one has NOT been met and the time has NOT run, yet? I am inclined to think we will NOT quite make it to $666 today.. but maybe tomorrow or Monday.. even though we still seem to have the Monday (two bit) news looming over us...
March 08, 2014, 05:13:58 PM
I decided I would take one for the team and sell some BTC, this usually triggers an upswing immediately afterward. You're welcome!
yep it worked, made me smile but i'm sorry for your (hope small) loss, unless you were just joking
I just sold 0.66 bitcoin with @Coinbase!
Just some to pay bills.
March 08, 2014, 05:08:59 PM
If a bank creates a BTC fund they make money every time someone buys or sells a stake in that fund. If people want an easy way to buy or sell BTC (and I suspect they do), then the banks will want to profit from that need.
...and it's also possible they want their own positions; I assume if that's the case they're already buying (and I haven't looked for evidence of that).
...and it's also possible they want their own positions; I assume if that's the case they're already buying (and I haven't looked for evidence of that).
Unlikely they're buying anything right now. The total dollar value in play on the exchanges is so small any activity on their part would change the market.
It's the same reason big investment blocks don't play with penny stocks. There just isn't money to made on the scale a bank would be interested in
Add to that the fact that the exchanges at this point are unreliable. Banks aren't about to put money into something they can't easily get it back out of.
Likely because of where this thread started - regulation. Banks are heavily regulated, and can't operate outside that.
March 08, 2014, 05:04:04 PM
Does anyone know of a page/site where I can watch the spread between the different markets? To spot arbitrage opportunities.
http://bitcoin-analytics.com/ 
March 08, 2014, 04:58:43 PM
Does anyone know of a page/site where I can watch the spread between the different markets? To spot arbitrage opportunities.
March 08, 2014, 04:53:53 PM
Chinese Extinct Creature Slumber Method prediction for Sunday Mar/09
Prediction valid for: Sunday 2014-03-09, 19:00--19:59 UTC (not before, not after)
Huobi's predicted price: 3596 CNY.
Bitstamp's predicted price: 588 USD.
Huobi
The red and green strokes are actual Huobi hourly prices. The current prediction is the rightmost magenta rectangle. The blue rectangle is the last prediction (see below), and the light blue-gray rectangles are the previous ones. The orange and grey dots are the Slumber Points, the mean Huobi prices at 19:00 UTC every day. Each point is a Glyptodon if the hourly volume Vh for 19:00--19:59 UTC is less than 0.005 times the daily volume Vd 00:00--23:59 UTC; and is an Albertosaurus otherwise. The grey lines are trends fitted a posteriori to the Glyptodon Points. The orange line is the trend that was assumed for the prediction.
Today was a Glyptodon, barely (Vh/Vd = 0.00437 < 0.005). This point is roughly aligned with the three previous Glyptodon points (and even with yesterday's Albertosaurus), so it seems reasonable to use the least squares straight line defined by those four Glyptodons; namely, p(d) = A+B*(d-4), where d is the day of the month, A = 4056.20 and B = -91.97.
(This Glyptodon point may also be the start of a new trend, after yesterday's Albertosarus; but this hypothesis would not allow a prediction for tomorrow.)
Bitstamp
The red and green strokes are actual Bitstamp hourly prices. The dots, dinosaurs, mammals, lines, and rectangles are Huobi's Slumber Points, dinosaurs, mammals, trends, and predictions, scaled by the currency conversion factor R (6.40 for Feb/07--09, 6.12 for all other times).
Checking the previous prediction
Prediction was posted on: Saturday 2014-03-08, 01:00 UTC
Prediction was valid for: Saturday 2014-03-08, 19:00--19:59 UTC
Huobi's predicted price: 3891 CNY
Huobi's actual price (L+H)/2: 3668 CNY
Error: 223 CNY (~36 USD)
Bitstamp's predicted price: 636 USD
Bitstamp's actual price (L+H)/2: 614 USD
Error: 22 USD
NOTE: Apologies for the delay in implementing the pterodactyls and icthyosaurs, but they are stuck because of a bug in the bitcoin protocol.
Prediction valid for: Sunday 2014-03-09, 19:00--19:59 UTC (not before, not after)
Huobi's predicted price: 3596 CNY.
Bitstamp's predicted price: 588 USD.
Huobi
The red and green strokes are actual Huobi hourly prices. The current prediction is the rightmost magenta rectangle. The blue rectangle is the last prediction (see below), and the light blue-gray rectangles are the previous ones. The orange and grey dots are the Slumber Points, the mean Huobi prices at 19:00 UTC every day. Each point is a Glyptodon if the hourly volume Vh for 19:00--19:59 UTC is less than 0.005 times the daily volume Vd 00:00--23:59 UTC; and is an Albertosaurus otherwise. The grey lines are trends fitted a posteriori to the Glyptodon Points. The orange line is the trend that was assumed for the prediction.
Today was a Glyptodon, barely (Vh/Vd = 0.00437 < 0.005). This point is roughly aligned with the three previous Glyptodon points (and even with yesterday's Albertosaurus), so it seems reasonable to use the least squares straight line defined by those four Glyptodons; namely, p(d) = A+B*(d-4), where d is the day of the month, A = 4056.20 and B = -91.97.
(This Glyptodon point may also be the start of a new trend, after yesterday's Albertosarus; but this hypothesis would not allow a prediction for tomorrow.)
Bitstamp
The red and green strokes are actual Bitstamp hourly prices. The dots, dinosaurs, mammals, lines, and rectangles are Huobi's Slumber Points, dinosaurs, mammals, trends, and predictions, scaled by the currency conversion factor R (6.40 for Feb/07--09, 6.12 for all other times).
Checking the previous prediction
Prediction was posted on: Saturday 2014-03-08, 01:00 UTC
Prediction was valid for: Saturday 2014-03-08, 19:00--19:59 UTC
Huobi's predicted price: 3891 CNY
Huobi's actual price (L+H)/2: 3668 CNY
Error: 223 CNY (~36 USD)
Bitstamp's predicted price: 636 USD
Bitstamp's actual price (L+H)/2: 614 USD
Error: 22 USD
NOTE: Apologies for the delay in implementing the pterodactyls and icthyosaurs, but they are stuck because of a bug in the bitcoin protocol.
March 08, 2014, 04:26:56 PM
I decided I would take one for the team and sell some BTC, this usually triggers an upswing immediately afterward. You're welcome!
yep it worked, made me smile but i'm sorry for your (hope small) loss, unless you were just joking
March 08, 2014, 04:03:15 PM
I decided I would take one for the team and sell some BTC, this usually triggers an upswing immediately afterward. You're welcome!
That's crazy.... but thanks for the good intentions.... I guess
March 08, 2014, 04:02:55 PM
He is using my nick 
Quote
Google Director of Ideas and former technology advisor to former Secretary of State Hillary Clinton, Jared Cohen, says that digital “crypto-currencies” like Bitcoin are here to stay.
That's not (exactly) your nick.
March 08, 2014, 03:32:26 PM
I decided I would take one for the team and sell some BTC, this usually triggers an upswing immediately afterward. You're welcome!
March 08, 2014, 03:16:49 PM
http://techcrunch.com/2014/03/08/googles-jared-cohen-its-obvious-bitcoin-like-currencies-are-inevitable/
Google now jumping in. Already seeing a rise but not sure if Cohen's statement is why.
But maybe.
Google now jumping in. Already seeing a rise but not sure if Cohen's statement is why.
But maybe.
He is using my nick
Quote
Google Director of Ideas and former technology advisor to former Secretary of State Hillary Clinton, Jared Cohen, says that digital “crypto-currencies” like Bitcoin are here to stay.
Are you going to file for trademark infringement or copyright infringement? Or glory in the added publicity to your cause?
March 08, 2014, 03:05:34 PM
http://techcrunch.com/2014/03/08/googles-jared-cohen-its-obvious-bitcoin-like-currencies-are-inevitable/
Google now jumping in. Already seeing a rise but not sure if Cohen's statement is why.
But maybe.
Google now jumping in. Already seeing a rise but not sure if Cohen's statement is why.
But maybe.
He is using my nick
Quote
Google Director of Ideas and former technology advisor to former Secretary of State Hillary Clinton, Jared Cohen, says that digital “crypto-currencies” like Bitcoin are here to stay.
March 08, 2014, 03:01:04 PM
If a bank creates a BTC fund they make money every time someone buys or sells a stake in that fund. If people want an easy way to buy or sell BTC (and I suspect they do), then the banks will want to profit from that need.
...and it's also possible they want their own positions; I assume if that's the case they're already buying (and I haven't looked for evidence of that).
...and it's also possible they want their own positions; I assume if that's the case they're already buying (and I haven't looked for evidence of that).
Unlikely they're buying anything right now. The total dollar value in play on the exchanges is so small any activity on their part would change the market.
It's the same reason big investment blocks don't play with penny stocks. There just isn't money to made on the scale a bank would be interested in
Add to that the fact that the exchanges at this point are unreliable. Banks aren't about to put money into something they can't easily get it back out of.
I agree for the reasons stated by Tailor that it is likely that large and medium financial institutions are almost completely out of investing in BTC... and additionally, if any large or medium financial institution were to begin to invest in BTC in order to attempt to manipulate it... they may consider themselves caught in a sort of catch 22.... b/c adding Fiat to BTC drives up the price.... .. but strategically, they could attempt to come in to BTC covertly and to buy up BTC supplies... and once in use their large quantity of BTC to manipulate BTC prices..... I sense that medium and large institutions consider BTC to be too small potatoes, at this point.
March 08, 2014, 02:59:16 PM
News on Gox 180 kBTC: http://www.reddit.com/r/Bitcoin/comments/1zwpic/180k_btc_update_not_good/
First BTC originated from the 180k kBTC arrived at destination and now in mixing process. See this address: 15kHtw93J7Ua1tfwGqqG7YdckxcATgEMwr
First BTC originated from the 180k kBTC arrived at destination and now in mixing process. See this address: 15kHtw93J7Ua1tfwGqqG7YdckxcATgEMwr
It's not a mixing process - it's in line with the leaked code supposed to be from Gox: dust sweeping.
dust sweeping ? what does that even mean ?
March 08, 2014, 02:50:02 PM
News on Gox 180 kBTC: http://www.reddit.com/r/Bitcoin/comments/1zwpic/180k_btc_update_not_good/
First BTC originated from the 180k kBTC arrived at destination and now in mixing process. See this address: 15kHtw93J7Ua1tfwGqqG7YdckxcATgEMwr
First BTC originated from the 180k kBTC arrived at destination and now in mixing process. See this address: 15kHtw93J7Ua1tfwGqqG7YdckxcATgEMwr
It's not a mixing process - it's in line with the leaked code supposed to be from Gox: dust sweeping.
March 08, 2014, 02:30:04 PM
Ironically part of the reason exchanges are unreliable is because banks aren't very inviting towards businesses involved in Bitcoin.
True (in the UK the HMRC - tax authority - is pretty Bitcoin-friendly, it's the banks which remain hostile). However... retail banking and investment banking are distinct, and I bet Wall Street and the City of London have a good few Bitcoin fans. Although that's pure speculation!
March 08, 2014, 02:29:10 PM
News on Gox 180 kBTC: http://www.reddit.com/r/Bitcoin/comments/1zwpic/180k_btc_update_not_good/
First BTC originated from the 180k kBTC arrived at destination and now in mixing process. See this address: 15kHtw93J7Ua1tfwGqqG7YdckxcATgEMwr
First BTC originated from the 180k kBTC arrived at destination and now in mixing process. See this address: 15kHtw93J7Ua1tfwGqqG7YdckxcATgEMwr
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