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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31704. (Read 26608642 times)

sr. member
Activity: 302
Merit: 250
Bitamp is higher than Gox, that is usually bullish, isn't it?

Does it mean that the value of being stuck with fiat on gox is higher than the value of fiat on Bitstamp?

It only means that the fiat arrived really late @ stamp
A few are still waiting (transferred more then a week ago).


I'll wait till something happens with BTCChina. Hopefully enough bulls push the price above BTCChina levels and some clever whales cash out with big arbitrage profits.
Panic selling starts -> whales can buy cheap goins again -> double win

Buying now is more risky than fucking a street hoker without a condom.

This, we are in dangerous times right now with exchanges out of sync
legendary
Activity: 854
Merit: 1000

Co-incidently, I actually have a background in space physiology, and have worked with people involved in missions to Mars.

Bitcoin is interesting to think about from the perspective on an interplanetary currency. However, I presume there would have to be a MarsCoin alt given that communication times are so long!

For now though... like the real deal, lets just focus on getting this rocket off the ground Wink

Oooops!!! Indeed. The max time that light needs to travel to Mars is 22.29 minutes. We should start mining the Marscoin!!!
Ok, who's in?
hero member
Activity: 574
Merit: 500
Been so long since I saw an ATH its like a crack addiction

edit..and I was about to get some sleep ahahhaha. But now Ill watch gox rev back on this movement
hero member
Activity: 574
Merit: 500
Bitamp is higher than Gox, that is usually bullish, isn't it?

Does it mean that the value of being stuck with fiat on gox is higher than the value of fiat on Bitstamp?

It only means that the fiat arrived really late @ stamp
A few are still waiting (transferred more then a week ago).


I'll wait till something happens with BTCChina. Hopefully enough bulls push the price above BTCChina levels and some clever whales cash out with big arbitrage profits.
Panic selling starts -> whales can buy cheap goins again -> double win

Buying now is more risky than fucking a street hoker without a condom.

However in the 600s they still felt barebackable ... lol
full member
Activity: 140
Merit: 100
Bitcoin - love & hate
Bitamp is higher than Gox, that is usually bullish, isn't it?

Does it mean that the value of being stuck with fiat on gox is higher than the value of fiat on Bitstamp?

It only means that the fiat arrived really late @ stamp
A few are still waiting (transferred more then a week ago).


I'll wait till something happens with BTCChina. Hopefully enough bulls push the price above BTCChina levels and some clever whales cash out with big arbitrage profits.
Panic selling starts -> whales can buy cheap goins again -> double win

Buying now is more risky than fucking a street hoker without a condom.
full member
Activity: 160
Merit: 101
Bitamp is higher than Gox, that is usually bullish, isn't it?

Does it mean that the value of being stuck with fiat on gox is higher than the value of fiat on Bitstamp?
hero member
Activity: 520
Merit: 500
Man, this is boring!   Undecided  I was really hoping to see 900 last night while sleeping to sell off and buy back this morning at 6 or 700...but no, this steady 750 crap on gox is lame...since when did the market calm down so much?


Start a "Tired of 750" thread. Wink

+1  Grin
legendary
Activity: 1148
Merit: 1001
Man, this is boring!   Undecided  I was really hoping to see 900 last night while sleeping to sell off and buy back this morning at 6 or 700...but no, this steady 750 crap on gox is lame...since when did the market calm down so much?


Start a "Tired of 750" thread. Wink
hero member
Activity: 520
Merit: 500
Man, this is boring!   Undecided  I was really hoping to see 900 last night while sleeping to sell off and buy back this morning at 6 or 700...but no, this steady 750 crap on gox is lame...since when did the market calm down so much?
full member
Activity: 148
Merit: 100

Co-incidently, I actually have a background in space physiology, and have worked with people involved in missions to Mars.

Bitcoin is interesting to think about from the perspective on an interplanetary currency. However, I presume there would have to be a MarsCoin alt given that communication times are so long!

For now though... like the real deal, lets just focus on getting this rocket off the ground Wink
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
You bears are not helping to stop the rally with all these double bottoms all over the place. Grin The last one has just been formed at 740$ with hardly 2 hours in between.
donator
Activity: 1722
Merit: 1036
China is not following. The arbitrage is quickly closing. What happens next is that arbitrageurs buy back in China and sell the equivalent in Bitstamp. At least I will do that Smiley
Did you sell @ over 1100 @ BTCChina?

Do you buy back in China when Stamp/Gox are at the same level or before (say 770 bitstamp - 820 BTCChina)?

Arbitrage is best when the price differential is the highest. I got more than 50%.

Looking at 6 month chart, China has equalled Bitstamp about half of the time. I see no reason to pay any premium this way.

It is a little bit tricky to do it calmly, because in my case there is overall position management, swing trading and arbitrage all working together. It is like a requirement to think with 3 different brains simultaneously.
full member
Activity: 140
Merit: 100
Bitcoin - love & hate
China is not following. The arbitrage is quickly closing. What happens next is that arbitrageurs buy back in China and sell the equivalent in Bitstamp. At least I will do that Smiley

Did you sell @ over 1100 @ BTCChina?

Do you buy back in China when Stamp/Gox are at the same level or before (say 770 bitstamp - 820 BTCChina)?
hero member
Activity: 826
Merit: 501
in defi we trust
You bears are not helping to stop the rally with all these double bottoms all over the place. Grin The last one has just been formed at 740$ with hardly 2 hours in between.

We bears don't move as one.
It's a free society.
legendary
Activity: 854
Merit: 1000
legendary
Activity: 854
Merit: 1000
Quote
If bitcoin goes up, it is a profit really, because it opens up new opportunities to influence the world to the better. Also in this case it rewards us with a 7-figure fiat position.
Oh, please, bear with me too.

I can see clearly that you have a very complex way of losing!!!  Shocked Roll Eyes

It almost feels like not losing at all, doesn't it?

Yep!  Cheesy
donator
Activity: 1722
Merit: 1036
China is not following. The arbitrage is quickly closing. What happens next is that arbitrageurs buy back in China and sell the equivalent in Bitstamp. At least I will do that Smiley
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