Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29725. (Read 26710632 times)
February 13, 2014, 11:49:02 PM
Bitstamp bull trap.
February 13, 2014, 11:47:01 PM
Sorry if this is a repost;
http://arstechnica.com/business/2014/02/jp-morgan-bitcoin-is-vastly-inferior-to-traditional-fiat-currency/
So a combined attack on BTC price from all sources
http://arstechnica.com/business/2014/02/jp-morgan-bitcoin-is-vastly-inferior-to-traditional-fiat-currency/
So a combined attack on BTC price from all sources
Attack? This is uber-bullish. If JP Morgan had to write a detailed report in order to shit on BTC it means they are pooping their pants. They are seriously concerned.
Great.
False. It's probably because some on the board have an interest in bitcoin and want to know why they aren't diversifying. I don't think any Main Street investor is shitting their pants about BTC right now. Probably the opposite. A bet there is a lot of "I told you so's" happening at this moment.
I'm a long term bull, and maintain the outlook that this too shall pass. However in the short term this is going to get very ugly. This is the tip of the iceberg when it comes to the shit storm we are going to experience.
I said this at 11AM. I was hoping I would be wrong
February 13, 2014, 11:45:20 PM
February 13, 2014, 11:42:38 PM
someone mentioned, stamp was rectifying account numbers btc wise atleast, think people are becomeing confident again, steady buying pressure since the last low was tested
February 13, 2014, 11:40:03 PM
Searing, didn't see anyone directly answer this. Coinbase is more of a broker. They buy (presumably) from Bitstamp on your behalf, plus fees. On very busy times they have run out of coins to sell to you. You can hook it into your bank, so whatever price you buy/sell is usually locked in then. It takes 4 business days, give or take for it to happen.
Gox/btc-e/Bitstamp are exchanges, where you transfer fiat to it in whatever way works for you and is set up for them. This takes varying amounts of time. You can usually transfer btc directly in much faster, but I'm not sure about Gox right now.
The exchanges let you keep money sitting on there. You can buy/sell back and forth within minutes/seconds. The btc can be sent out to an external address, or the fiat can be removed via whatever method the exchange allows (plus "bank time").
Coinbase also wants to be an online wallet for you, and also has some nice SMS/text methods that work on any phone, no app required.
Gox/btc-e/Bitstamp are exchanges, where you transfer fiat to it in whatever way works for you and is set up for them. This takes varying amounts of time. You can usually transfer btc directly in much faster, but I'm not sure about Gox right now.
The exchanges let you keep money sitting on there. You can buy/sell back and forth within minutes/seconds. The btc can be sent out to an external address, or the fiat can be removed via whatever method the exchange allows (plus "bank time").
Coinbase also wants to be an online wallet for you, and also has some nice SMS/text methods that work on any phone, no app required.
February 13, 2014, 11:39:24 PM
There has been someone buying 1000btc at a time on bitstamp and bitfinex at every hour during this entire downtrend.
Really? How many hours in a row?
*this might not have actually happened.
February 13, 2014, 11:36:42 PM
Bitstamp and BTC-e haven't moved, while gox hit $300. I can't buy until coinbase goes down
It's not gonna. That's why we need a real exchange in America. Fast drops and fast pops, Coinbase lags and you never get the best price.
You guys have coinsetter. Doesn't it have an API to BSP?
I need something with more volume. A big, professional exchange.
If it has an API to stamp and order execution on stamp that's all you need. Unless you are looking for NASDAQ?
*edit* until you get a trading halt because the API breaks
February 13, 2014, 11:36:17 PM
There has been someone buying 1000btc at a time on bitstamp and bitfinex at every hour during this entire downtrend.
Really? How many hours in a row?
February 13, 2014, 11:36:13 PM
There has been someone buying 1000btc at a time on bitstamp and bitfinex at every hour during this entire downtrend.
Proof? 
February 13, 2014, 11:35:34 PM
There has been someone buying 1000btc at a time on bitstamp and bitfinex at every hour during this entire downtrend.
February 13, 2014, 11:35:21 PM
3 minutes ago - 200 BTC market buy order on BFX
Uhh, thats.. totally insignificant.
There was a 5k market sell order on mtgox a little while ago. 5000 (5k) [5 thousand] {FIVE THOUSAND}
Is that a 5 followed by 3 zeroes?
February 13, 2014, 11:35:07 PM
Bitstamp and BTC-e haven't moved, while gox hit $300. I can't buy until coinbase goes down
It's not gonna. That's why we need a real exchange in America. Fast drops and fast pops, Coinbase lags and you never get the best price.
You guys have coinsetter. Doesn't it have an API to BSP?
I need something with more volume. A big, professional exchange.
February 13, 2014, 11:34:59 PM
Ahhh, Wisdom is back. Had to play that very conservatively, felt like I was trading blind. Bitcoinity is awful.
February 13, 2014, 11:33:48 PM
3 minutes ago - 200 BTC market buy order on BFX
Uhh, thats.. totally insignificant.
There was a 5k market sell order on mtgox a little while ago. 5000 (5k) [5 thousand] {FIVE THOUSAND}
February 13, 2014, 11:32:27 PM
3 minutes ago - 200 BTC market buy order on BFX
February 13, 2014, 11:31:12 PM
btc-e spiked down to 522, then back up according to bitcoinwisdom
hmmm theres the rub...if you drank the kool aid on Bitcoin assumptions....then anything under $1k is a deal in the long term..i should get
some balls and buy big time.....esp at these prices.....
hmm......or at least if it all blows up go out with a bang so to speak
Bitcoin 'all the drama of a korean soap oprea"
Searing
If you haven't prepared for this, buy the time you get in, the price will be much different.
February 13, 2014, 11:31:01 PM
Bitstamp is being sticky. Resisting btc-e and huobi's fall.
February 13, 2014, 11:30:49 PM
Too early to call a double bottom?
lol too early perhaps. I guess I was right on my $600 call....muahahahahaha
Smoothie, oh prescient one, what is next for Bitcoin... please tell us!!!
February 13, 2014, 11:29:59 PM
I didn't miss 550 on stamp this time. It should test it again, but I will be ready. Probably have a crack 510...
I love accumulating coins in bear markets. It's like 2011 all over again.
I love accumulating coins in bear markets. It's like 2011 all over again.
February 13, 2014, 11:28:32 PM
Bitstamp and BTC-e haven't moved, while gox hit $300. I can't buy until coinbase goes down
It's not gonna. That's why we need a real exchange in America. Fast drops and fast pops, Coinbase lags and you never get the best price.
You guys have coinsetter. Doesn't it have an API to BSP?
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