For fuck sake like. Who the fuck is going to admit their insolvency at 2.19am local time. You're so desperate to fill your boots with cheap coins it's laughable.
either way gox going down. so sell. zombie trading mode.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29333. (Read 26652399 times)
February 24, 2014, 01:51:03 PM
For fuck sake like. Who the fuck is going to admit their insolvency at 2.19am local time. You're so desperate to fill your boots with cheap coins it's laughable.
either way gox going down. so sell. zombie trading mode.
February 24, 2014, 01:50:01 PM
it was great arbitrage opportunity on Stamp vs Btc-e, unfortunately I was without BTC on btc-e. 25+ USD at one point.
How you arbitrage on these exchanges without cash withdrawals?
You wait for next swing, it happens few times per month easily. One could make a nice salary just doing that with 100 BTC waiting Stamp and BTC-e to change the lead in price.
Lol your posts always read like the ads "how to make $xxx per month in the Forex markets using this one weird trick..." If only!
Hardly a weird trick, it happens all the time. Bitstamp was 10-15$ above BTC-e for 2 weeks or so until that whale had put a wall yesterday, at one point today it was 25$ below. That's 40$ of profit per 1 BTC and all in downtrend where those 40$ can buy more coins than 2 weeks ago.
And things like this happen 1-2 times per month usually.
I wouldn't do it in bull market but in bear market I've done it few times. I've certainly do it today if I had btc on btc-e.
February 24, 2014, 01:47:19 PM
it was great arbitrage opportunity on Stamp vs Btc-e, unfortunately I was without BTC on btc-e. 25+ USD at one point.
How you arbitrage on these exchanges without cash withdrawals?
You wait for next swing, it happens few times per month easily. One could make a nice salary just doing that with 100 BTC waiting Stamp and BTC-e to change the lead in price.
Lol your posts always read like the ads "how to make $xxx per month in the Forex markets using this one weird trick..." If only!
February 24, 2014, 01:45:24 PM
I'll hold that bag at $550, Boys. I threw back all those falling knives so all I have in my hands now is a big pile of fiat I want to get rid of.
good!
post your trading history or screenshots, so we can mock you later.
BJ Allen's purse for holding his "big pile" of fiat...
LOL not down to $550 on CoinBase yet! C'mon, I want my coins back.
February 24, 2014, 01:45:04 PM
it was great arbitrage opportunity on Stamp vs Btc-e, unfortunately I was without BTC on btc-e. 25+ USD at one point.
How you arbitrage on these exchanges without cash withdrawals?
You wait for next swing, it happens few times per month easily. One could make a nice salary just doing that with 100 BTC waiting Stamp and BTC-e to change the lead in price.
Can this be done without a risk of decreasing the coin stash? I am not sure about that. Thx.
well, if bitcoin goes up, you won't be able to buy as much with fiat side of your arb portfolio so it's not good in bullish times. It's better in bear/flat markets and if one just wants to make fiat from his trades.
February 24, 2014, 01:43:36 PM
However [ MtGOX ] most probably have much more from fees than the amount they lost also stored offline
The fees are only a small fraction of their daily volume, which must be only a small fraction of all the dollars and bitcoins in their client account balances. These "goxUSD" and "goxBTC" balances are liabilities, not assets -- they are real coins and dollars that MtGOX owes to their clients.
Those takeover project guys estimate that these balances (debts) add to 1 billion dollars or more. Considering the amount of stalled withdrawals, the theft must have cost them 50 million dollars at least. Whatever their situation is, the revenue from fees probably will not make much difference.
Moreover, whatever is left of their feee revenue after paying salaries and other expenses is surely pocketed by the owners as profits --- and not left in MtGOX corporate accounts.
February 24, 2014, 01:42:49 PM
it was great arbitrage opportunity on Stamp vs Btc-e, unfortunately I was without BTC on btc-e. 25+ USD at one point.
How you arbitrage on these exchanges without cash withdrawals?
You wait for next swing, it happens few times per month easily. One could make a nice salary just doing that with 100 BTC waiting Stamp and BTC-e to change the lead in price.
Can this be done without a risk of decreasing the coin stash? I am not sure about that. Thx.
February 24, 2014, 01:41:51 PM
To an extent I agree I do not think this is a Higlander scenario
There can be more than one
Money is the ultimate network effect. How is any other crytpcoin supposed to have less volatility than the one with the largest market cap? If volatility slows adoption, and I think we all agree that it does, then it's a huge hurdle to overcome.
February 24, 2014, 01:41:44 PM
Confirmations pretty slow at the moment.
February 24, 2014, 01:41:25 PM
This bear market is boring. It has to end before gox does. Some unbelievably good news must be on its way.
February 24, 2014, 01:39:35 PM
Something is off about the Bitfinex order book. There's only like 4k btc on the ask side. To me it seems like someone that is a market maker with a ton of coins took all of their asks out.
Edit: 1 minute ago there was 4600 btc total on the ask side, now there is 3400
Edit: 1 minute ago there was 4600 btc total on the ask side, now there is 3400
February 24, 2014, 01:39:30 PM
My guess is that today someone doing quick arbitrages on stamp, thats why so many market order dumps out of the blue.
February 24, 2014, 01:37:04 PM
it was great arbitrage opportunity on Stamp vs Btc-e, unfortunately I was without BTC on btc-e. 25+ USD at one point.
How you arbitrage on these exchanges without cash withdrawals?
You wait for next swing, it happens few times per month easily. One could make a nice salary just doing that with 100 BTC waiting Stamp and BTC-e to change the lead in price.
February 24, 2014, 01:34:35 PM
Weird that stamp is behind btc-e
Wierd that people trade BTC/USD at btc-e!!! how easy you get your money in and out? and how do anyone trust them anyway ?
As far as I know, they are a big finance company with many operations in different countries. They seem pretty legit?
What makes stamp reliable in your opinion?
February 24, 2014, 01:34:05 PM
it was great arbitrage opportunity on Stamp vs Btc-e, unfortunately I was without BTC on btc-e. 25+ USD at one point.
How you arbitrage on these exchanges without cash withdrawals?
Personally I always went one way during a crash or decline (where BTC-e tends to stay higher than Stamp) and back when things are going well (when Stamp runs ahead again)
It's usually 25-30$ per BTC one way after fees.
February 24, 2014, 01:32:40 PM
it was great arbitrage opportunity on Stamp vs Btc-e, unfortunately I was without BTC on btc-e. 25+ USD at one point.
How you arbitrage on these exchanges without cash withdrawals?
February 24, 2014, 01:28:56 PM
it was great arbitrage opportunity on Stamp vs Btc-e, unfortunately I was without BTC on btc-e. 25+ USD at one point.
February 24, 2014, 01:26:54 PM
We are in a downtrend. The question is, how long will it last?
I can say with a fair degree of certainty that however long it lasts, we won't go below $0.
*edit*
Unless MtGox circumvents logic and mathematics, which wouldn't surprise me.
On second thought, I've changed my mind about my initial statement.
MtGOX decides to bill all their clients for a mandatory non-negotiable pre-withdrawal withdrawal fee, while postponing the withdrawals for an indeterminate time plus three months.
Other markets panic and do the same to their clients.
(Hm... Stupid question: does arbitrage equalize insolvency, as well as price, over all markets?
) 
February 24, 2014, 01:25:42 PM
Weird that stamp is behind btc-e
Wierd that people trade BTC/USD at btc-e!!! how easy you get your money in and out? and how do anyone trust them anyway ?
February 24, 2014, 01:23:56 PM
Weird that stamp is behind btc-e
Not enough volume??!
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