http://www.youtube.com/watch?v=LLjlOw3TVc8
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29010. (Read 26370777 times)
February 11, 2014, 03:15:09 AM
February 11, 2014, 03:10:34 AM
another 785 BTC buy on stamp
February 11, 2014, 03:09:38 AM
Bitcoin wobbles but it won't fall down!
February 11, 2014, 03:09:33 AM
Looks like MtSux is in DDOS mode again.
What do you mean? Was watching from Wisdom and noticed that gox went into slow mode. Then the interval went from, say 15 seconds, to 45 and then to 1 min 8 seconds. Unless BitcoinWisdom is having problems, then gox is being tested again.
February 11, 2014, 03:08:51 AM
February 11, 2014, 03:04:37 AM
bitfinex frozen for me
February 11, 2014, 03:02:55 AM
Looks like MtSux is in DDOS mode again.
What do you mean? February 11, 2014, 03:01:02 AM
Looks like MtSux is in DDOS mode again.
February 11, 2014, 03:00:25 AM
They did. It was well known that, although their prices were lower, Coinbase would get them their fiat in a reliable, timely manner. There prices stayed low as we traders cut our losses and transferred out coins from Gox so we could get at least some money out. This was back when only fiat withdrawals from Gox were delayed. Then Coinbase's supply of cheap coins apparently ran out and the price diverged from Bitstamp to a noticable degree. Coinbase put out a notice on their reddit explaining the price differential and essentially begging us Yanks to sell for the premium we would be getting. Few took advantage of this because most us us were buying by then. So yesterday, they got more money to Stamp and the prices equalized somewhat, but still noticeably higher at CB. The miners I suspect are now selling to Second Market, Winklevi, and other institutional investors for better prices. Few miners are selling retail at these prices. They have better options.
If this is true, than there's more demand than i thought. I'm guessing were in a downtrend right now for a few months, and then some event (bank default, bail-in whatever) will kickstart another insane rally. I'm not selling a single coin because of this, Don't want to be left out holding the fiat bag, even when i think were heading down short term.
February 11, 2014, 02:59:44 AM
So it's just a trap in general.
No we can always take it a step further.
February 11, 2014, 02:53:26 AM
Hard to sell coins for a profit if you don't have any left to sell. Coinbase as much as admitted that they have no miner's coins left and now have to buy on stamp. You can figure out what that means.
Does Coinbase really rely on miner's coins?
How do you know this?
*edited to remove confusion*
They did. It was well known that, although their prices were lower, Coinbase would get them their fiat in a reliable, timely manner. There prices stayed low as we traders cut our losses and transferred out coins from Gox so we could get at least some money out. This was back when only fiat withdrawals from Gox were delayed. Then Coinbase's supply of cheap coins apparently ran out and the price diverged from Bitstamp to a noticable degree. Coinbase put out a notice on their reddit explaining the price differential and essentially begging us Yanks to sell for the premium we would be getting. Few took advantage of this because most us us were buying by then. So yesterday, they got more money to Stamp and the prices equalized somewhat, but still noticeably higher at CB. The miners I suspect are now selling to Second Market, Winklevi, and other institutional investors for better prices. Few miners are selling retail at these prices. They have better options.
February 11, 2014, 02:48:55 AM
Software is never really done until at least version 3.1
Like Windows 3.1
And DOS 3.1
Spooky, 3.1 was the last AmigaOS released by Commodore too.
February 11, 2014, 02:48:24 AM
Hi gang. Are we having fun yet?
That crazy HuBoy exchange is up late and trading like a boss. What's up with that?
That crazy HuBoy exchange is up late and trading like a boss. What's up with that?
What do you mean 'up late'? It's mid-afternoon in Beijing.
February 11, 2014, 02:45:32 AM
Hi gang. Are we having fun yet?
That crazy HuBoy exchange is up late and trading like a boss. What's up with that?
That crazy HuBoy exchange is up late and trading like a boss. What's up with that?
February 11, 2014, 02:36:32 AM
Gox still shows ~20k coins for sale, but if they can't be withdrawn the market is even more shallow than it appeared.
February 11, 2014, 02:35:05 AM
Hard to sell coins for a profit if you don't have any left to sell. Coinbase as much as admitted that they have no miner's coins left and now have to buy on stamp. You can figure out what that means.
Does Coinbase really rely on miner's coins?
How do you know this?
*edited to remove confusion*
February 11, 2014, 02:32:37 AM
Too many traps. I'll leave day trading for the pros.
You all got to admit, BTC recovered extremely fast ! That flash crash was crazy. Made somebody a millionaire.
You all got to admit, BTC recovered extremely fast ! That flash crash was crazy. Made somebody a millionaire.
February 11, 2014, 02:30:04 AM
it's both a bull and a bear trap at same time.
what do we call those? a blair trap. yay. we have finally found a way to arrest the war criminal, and it's through tarding btc
what do we call those? a blair trap. yay. we have finally found a way to arrest the war criminal, and it's through tarding btc
Hard to sell coins for a profit if you don't have any left to sell. Coinbase as much as admitted that they have no miner's coins left and now have to buy on stamp. You can figure out what that means.
February 11, 2014, 02:25:59 AM
So it's just a trap in general.
the further down the rabbit hole, the further into the trap.
the first step in evading the trap is knowing that the trap exists.
the second step is knowing how the trap works.
the third step is fully recognizing the trap for what it is, and completely side-stepping and ignoring that 'trap'.
February 11, 2014, 02:19:38 AM
So it's just a trap in general.
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