This is why you can rest assured there is no 21 million Bitcoin cap on BTC. People buy; the coins get stolen from someone who doesn't care about their coins as much as they do and dumped in the market for the victims to rebuy ad infinitum.
ftfy
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29013. (Read 26609663 times)
March 04, 2014, 02:13:20 PM
ftfy
March 04, 2014, 02:11:17 PM
guys...what do u think how safe is that u have fiat for longer time on bitfinex ?
It's been fine for me so far but I expect to lose everything on there at some point via some sort of Goxxing. My only goal is to double what I have on there then pull out my original deposit before the event. But it's going slowly because I don't trade heavily.
March 04, 2014, 02:06:50 PM
Are you telling me that one of the biggest exchanges losing their customers money didn't cause a reversal from a downtrend that was caused by the loss of demand in China? How can this be? :O This is impossible!
Sounds like you missed the rally and hope to get another crack. GTFO. The correction to $530 was because of China. Gox took us down to $400. These things can overlap.
Yes, you are absolutely right. I'm angry because there won't be any volatility any longer in the crypto scene to make money at the expense of fools. So I just invented this so called "demand in China" and how it's loss caused a boring 2 month long dead cat bounce.
But I'll try to correct my ways and listen to the TA wizards here who have skillz of drawing linez.
March 04, 2014, 02:04:49 PM
There is resistance at $700 and support at $662 and $642 in this range.
Substantial resistance it seems. Back to range-trading mode. Might do better long in LTC.Do you still believe that litecoin is good at $17 or $18 - b/c there was a sudden upward adjustment from $14 to $22 and then back down to the $17 area.... ... maybe we will get $25 out of Litecoin in the coming weeks - due to some increased litecoin adoption? Thereafter, it may go parity (i mean parallel) with BTC, again?
March 04, 2014, 02:03:10 PM
guys...what do u think how safe is that u have fiat for longer time on bitfinex ?
It's as safe as anything where a counter-party defection requires you to pursue legal recourse against a Hong Kong LLC owned by Italians.
Maybe more so, since they are rich Italians now.
March 04, 2014, 02:02:44 PM
What just happened on Bitstamp? 64 btc order down to 633, doesn't make sense. Anyone can confirm it's just a btcwisdom glitch, or did the trade actually hit 630 for real?
WTF?! Just checked on tradingview, they show it as well. Bitstamp trading enging fucked up?!
WTF?! Just checked on tradingview, they show it as well. Bitstamp trading enging fucked up?!
Like MoreFun said. The Api shows, that there were 2 trades went through. Check a few trades earlier or https://www.bitstamp.net/api/transactions/ (633.64)
So let me get this straight... if this were NOT a bitstamp trading error fuck up, then every single order down to $633.64 should have been filled, and that would have taken about 3,000 bitcoins to fill all of those orders from $680 to $633.64 (unless some big fish pulled their order(s))..
Thereafter, if some such big fish had put in a 3k sell, it would have taken several minutes for traders to recreate new orders... therefore, a glitch in the system.
I wonder if the 2 trades really happend, so that 2 people just have this 13 coins less and 2 people have the 13 coins more. You cannot know that for now?
March 04, 2014, 02:00:53 PM
But then, what is "honorable" about bitcoin?
The honorable thing is to allow yourself and others to have sound money.
Calling bitcon "solid money" is a lie, pure and simple. There is nothing to sustain its value, no reason to believe that cryptocoins will succeed, no reason to believe that bitcon will not be superseded by other coins. "Fiat money wannabe" is the most optimistic description one can use, gievn what we have seen so far.
Sound money. It is a thing. You can look it up.
March 04, 2014, 02:00:26 PM
If Bitstamp/Bitfinex goes the way of Gox there will be at least BTC-E(trustworthy as fuck) around.
No need to worry!
No need to worry!
March 04, 2014, 01:59:42 PM
There is resistance at $700 and support at $662 and $642 in this range.
Substantial resistance it seems. Back to range-trading mode. Might do better long in LTC. March 04, 2014, 01:59:38 PM
guys...what do u think how safe is that u have fiat for longer time on bitfinex ?
March 04, 2014, 01:59:16 PM
Are you telling me that one of the biggest exchanges losing their customers money didn't cause a reversal from a downtrend that was caused by the loss of demand in China? How can this be? :O This is impossible!
Sounds like you missed the rally and hope to get another crack. GTFO. The correction to $530 was because of China. Gox took us down to $400. These things can overlap.
March 04, 2014, 01:58:56 PM
What just happened on Bitstamp? 64 btc order down to 633, doesn't make sense. Anyone can confirm it's just a btcwisdom glitch, or did the trade actually hit 630 for real?
WTF?! Just checked on tradingview, they show it as well. Bitstamp trading enging fucked up?!
WTF?! Just checked on tradingview, they show it as well. Bitstamp trading enging fucked up?!
Like MoreFun said. The Api shows, that there were 2 trades went through. Check a few trades earlier or https://www.bitstamp.net/api/transactions/ (633.64)
So let me get this straight... if this were NOT a bitstamp trading error fuck up, then every single order down to $633.64 should have been filled, and that would have taken about 3,000 bitcoins to fill all of those orders (unless some big fish pulled their order).. then it would have taken several minutes for traders to recreate new orders... therefore, a glitch in the system.
yea or maybe stamp is experiencing some "issues" and the BTCs down to $633.64 got "lost"
i'm smelling fear and uncertainty suddently...
March 04, 2014, 01:58:33 PM
What just happened on Bitstamp? 64 btc order down to 633, doesn't make sense. Anyone can confirm it's just a btcwisdom glitch, or did the trade actually hit 630 for real?
WTF?! Just checked on tradingview, they show it as well. Bitstamp trading enging fucked up?!
WTF?! Just checked on tradingview, they show it as well. Bitstamp trading enging fucked up?!
Take a look at my prev post - is visible also in bitstamp api.
I see. This makes no sense at all, and really bad news, in my opinion.
If Bitstamp doesn't address this, I will seriously consider moving my business from them.
So, it's confirmed..
March 04, 2014, 01:57:24 PM
What just happened on Bitstamp? 64 btc order down to 633, doesn't make sense. Anyone can confirm it's just a btcwisdom glitch, or did the trade actually hit 630 for real?
WTF?! Just checked on tradingview, they show it as well. Bitstamp trading enging fucked up?!
WTF?! Just checked on tradingview, they show it as well. Bitstamp trading enging fucked up?!
Take a look at my prev post - is visible also in bitstamp api.
I see. This makes no sense at all, and really bad news, in my opinion.
If Bitstamp doesn't address this, I will seriously consider moving my business from them.
March 04, 2014, 01:57:02 PM
What just happened on Bitstamp? 64 btc order down to 633, doesn't make sense. Anyone can confirm it's just a btcwisdom glitch, or did the trade actually hit 630 for real?
WTF?! Just checked on tradingview, they show it as well. Bitstamp trading enging fucked up?!
WTF?! Just checked on tradingview, they show it as well. Bitstamp trading enging fucked up?!
Like MoreFun said. The Api shows, that there were 2 trades went through. Check a few trades earlier or https://www.bitstamp.net/api/transactions/ (633.64)
So let me get this straight... if this were NOT a bitstamp trading error fuck up, then every single order down to $633.64 should have been filled, and that would have taken about 3,000 bitcoins to fill all of those orders (unless some big fish pulled their order).. then it would have taken several minutes for traders to recreate new orders... therefore, a glitch in the system.
really really suspect. what the hell, i saw that on bitcoinity after the gym and thought wtf 633?? and the price was still at 675? ugh...
March 04, 2014, 01:55:37 PM
Quote
that is some serious bug.
Yes, can scare the shit out of some bots haha But none of my alarm was trigged ? what about that.
Same time, BitcoinBuilder will halt trading @6pm PST : https://twitter.com/btcbldr/status/440918813572231169
March 04, 2014, 01:55:06 PM
What just happened on Bitstamp? 64 btc order down to 633, doesn't make sense. Anyone can confirm it's just a btcwisdom glitch, or did the trade actually hit 630 for real?
WTF?! Just checked on tradingview, they show it as well. Bitstamp trading enging fucked up?!
WTF?! Just checked on tradingview, they show it as well. Bitstamp trading enging fucked up?!
Like MoreFun said. The Api shows, that there were 2 trades went through. Check a few trades earlier or https://www.bitstamp.net/api/transactions/ (633.64)
So let me get this straight... if this were NOT a bitstamp trading error fuck up, then every single order down to $633.64 should have been filled, and that would have taken about 3,000 bitcoins to fill all of those orders from $680 to $633.64 (unless some big fish pulled their order(s))..
Thereafter, if some such big fish had put in a 3k sell, it would have taken several minutes for traders to recreate new orders... therefore, a glitch in the system.
March 04, 2014, 01:50:51 PM
What just happened on Bitstamp? 64 btc order down to 633, doesn't make sense. Anyone can confirm it's just a btcwisdom glitch, or did the trade actually hit 630 for real?
WTF?! Just checked on tradingview, they show it as well. Bitstamp trading enging fucked up?!
WTF?! Just checked on tradingview, they show it as well. Bitstamp trading enging fucked up?!
Like MoreFun said. The Api shows, that there were 2 trades went through. Check a few trades earlier or https://www.bitstamp.net/api/transactions/ (633.64)
that is some serious bug.
March 04, 2014, 01:50:35 PM
I'm not actually surprised that all you understood was "Wah wah wah wah".
March 04, 2014, 01:48:28 PM
What just happened on Bitstamp? 64 btc order down to 633, doesn't make sense. Anyone can confirm it's just a btcwisdom glitch, or did the trade actually hit 630 for real?
WTF?! Just checked on tradingview, they show it as well. Bitstamp trading enging fucked up?!
WTF?! Just checked on tradingview, they show it as well. Bitstamp trading enging fucked up?!
Like MoreFun said. The Api shows, that there were 2 trades went through. Check a few trades earlier or https://www.bitstamp.net/api/transactions/ (633.64)
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