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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30153. (Read 26713027 times)

legendary
Activity: 2156
Merit: 1070
That 200BTC ask wall is starting to get annoying

Edit: On finex

What are you using to look at bfx wall?  Or just looking at order book?

There is no 200 wall on Bitfinex that I can see.

But it seems many are chasing unicorns tonight.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
That 200BTC ask wall is starting to get annoying

Edit: On finex

What are you using to look at bfx wall?  Or just looking at order book?
hero member
Activity: 728
Merit: 500
If the latest movement on stamp, huobi, and btce was truly driven by mtgox panic  then I wouldn't be surprised if these sellers were the same ones buying this morning. It is all a game with margin trading or 0-fee trading. Now the Gox gap is up to $190 good god.
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
That 200BTC ask wall is starting to get annoying

Edit: On finex
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 216
Merit: 100
RicePicker
http://www.bitcoiniacs.com/


Lol. They had to shut down the buying option.

If it's easier to sell bitcoin than buy it, what does that tell you? There are far more buyers than sellers. otherwise they could just buy and sell the same coins over and over.
This is bullish. They claim it's getting harder to buy on bitstamp, where they reload at. interesting. Of course they could buy my bitcoins if they were desperate enough, but my markup would be a little higher than theirs.

http://www.reddit.com/r/Bitcoin/comments/1w83db/weve_shut_down_the_buy_option_at_the_bitcoin_atm/
legendary
Activity: 1106
Merit: 1007
Hide your women
http://www.bitcoiniacs.com/


Lol. They had to shut down the buying option.

If it's easier to sell bitcoin than buy it, what does that tell you? There are far more buyers than sellers. otherwise they could just buy and sell the same coins over and over.
This is bullish. They claim it's getting harder to buy on bitstamp, where they reload at. interesting. Of course they could buy my bitcoins if they were desperate enough, but my markup would be a little higher than theirs.

bitsimple.com if you need to buy (or sell).

WAY too big of a spread between buying and selling. I can buy cheaper and sell higher on coinbase. I can sell higher on localcoins for cash. Maybe for very large orders, this would be better, but I'm not at that level yet.
legendary
Activity: 1106
Merit: 1007
Hide your women
http://www.bitcoiniacs.com/


Lol. They had to shut down the buying option.

If it's easier to sell bitcoin than buy it, what does that tell you? There are far more buyers than sellers. otherwise they could just buy and sell the same coins over and over.
This is bullish. They claim it's getting harder to buy on bitstamp, where they reload at. interesting. Of course they could buy my bitcoins if they were desperate enough, but my markup would be a little higher than theirs.
KFR
hero member
Activity: 560
Merit: 500
Per ardua ad luna
lol @ ignoring proudhon

+1

Lol...they just don't get it!

Among those that do get it there are also some of us that are just tired of a one-gag comedian rehashing (npi) the same material over and over. Wink
sr. member
Activity: 260
Merit: 250
Speaking of stabbing people, which we weren't, what ever happened to the gazillion wall street bucks that were waiting to pour onto the exchanges after Jan 1?

You mean the ETFs? They are not set up yet.

Nah. Back in December all the rage was to talk about all the wall street money that was going into the exchanges.

You used to speak a bit more intelligently.   For quite a while now you have been an unreasonable bear . . .

No Wall Street money will ever end up on an exchange.   Well, I can't say none at all . . .   Large bitcoin transactions take place off exchange.   The only money that will come in to the exchanges from Wall Street types will be the small amount it will take to drive the spot price up after they have purchased as much as they can.   Some smaller investors may buy on exchange, but there will not be enough liquidity for some time to satisfy large investors.   What will happen is that as large investors soak up coins from other sources, there will be a general reduction in coins available in the system which will put upwards pressure on the price.

This is all based on speculation anyway.   We are trending up(mid term) with or without a bunch of money from Wall street.
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
So the Gox premium is now over $200...

Gox premium is 24%-25% above stamp. Nothing to worry about until it gets to 60%-70%.

Sarcasm? That's HUUGE well over the normal 10%. Issues with SWIFT, SEPA. And now with JPY, so the only way out is through BTC and even is experiencing issues. 25% and growing hope they can fix something fast
legendary
Activity: 1792
Merit: 1047
hero member
Activity: 669
Merit: 500
So the Gox premium is now over $200...

Gox premium is 24%-25% above stamp. Nothing to worry about until it gets to 60%-70%.
legendary
Activity: 1106
Merit: 1007
Hide your women
If this happens to a well-established British bank

http://en.wikipedia.org/wiki/Barings_Bank#1995_collapse

why would it not happen in an unregulated, unaudited exchange?

It couldn't happen unless the exchange was operating as a fractional reserve.
hero member
Activity: 583
Merit: 500
So the Gox premium is now over $200...
hero member
Activity: 910
Merit: 1003
If this happens to a well-established British bank

http://en.wikipedia.org/wiki/Barings_Bank#1995_collapse

why would it not happen in an unregulated, unaudited exchange?
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
I've seen the pictures. He's not running anywhere.

lol

Maybe a power walk at best  Grin but i loled


Oh sh*t i just cracked his plan. So there was a reason for that ball after all!!


legendary
Activity: 1106
Merit: 1007
Hide your women
if bitcoin dies, i'm holding the bag, i dont give a shit, these coins have sentimental value to me  Grin


Now, you know that I'm a nay-sayer on a lot of the topics that come up in this subforum, so to be consistent ... I don't think that bitcoin dies.  It could get very sick and fall prey to panic so that it seems on the verge of death, but not complete oblivion.

There is value to the protocol and the blockchain.  There has to be value for the miners to continue.  Have more faith, but don't count on untold riches either.

I know that.... all i'm saying is i will be a bitcoin market participant forever, no matter what happens.

and on that note, i'm going to try and get some sleep!

good night everyone don't let the FUD get to you.

No way! I'LL be holding the bag. The one who dies with the most bitcoin wins!  
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
I've seen the pictures. He's not running anywhere.

lol

Maybe a power walk at best  Grin but i loled
hero member
Activity: 504
Merit: 500
Moderator

check the #mtgox IRC channel, current rumour is that Mark has done a runner. Sounds like FUD to me though.

I've seen the pictures. He's not running anywhere.
That's just mean, he might have a medical condition. So what if he has to waddle instead of run.

 Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy
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