Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32074. (Read 26608895 times)

donator
Activity: 2772
Merit: 1019


no bitstamp asks on bitfinex orderbook

seems bitfinex is out of stampUSD

EDIT: even says it right there: "Not enough USD reserve on Bitstamp, you cannot buy on Bitstamp at the moment."
legendary
Activity: 1008
Merit: 1000
china and gox are desperate to make a sustained climb, but stamp is asleep at the wheel.


The Bitcoin world needs more arbitrageurs...
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
There seems to be a rough price / volume divergence still.
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
china and gox are desperate to make a sustained climb, but stamp is asleep at the wheel.
sr. member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫

well, i dont really hate them, but i do hope they all get aids and die in fire.


I wonder how you feel about people you actually hate  Shocked
sr. member
Activity: 462
Merit: 250
newbie
Activity: 28
Merit: 0
sr. member
Activity: 854
Merit: 264
Crypto is not a religion but i like it

Everyone start selling or something so we can speculate!
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
Ya.. if wasn't for China, I'd say a lot of resistance again.  If China plows through though it'll prob be pretty uneventful.

I believe before this last "correction", China went as high as like $430 USD at one point.

The btcchina ATH is 2630¥, currently worth $431.75. Absolute insanity.

I've never seen arbitrage opportunities this big. You could drive a truck through bitstamp/btcchina. It's all so surreal.

It went from 2100 to 2600 within a couple of hours though. Absolutely crazy. Everyone was screaming "sell". You know tops when you see them.

We're getting quite a bit of arbitrage from Westerners too; overseas wires are cheap and fast, but a limited resource.

Could you share an effective strategy for Westerners?

I'm still under the impression that if I was to sell on btcchina, I'd be unable to recover my money. I have considered selling and waiting for the bubble to subside (and the arbs to trend back to zero), then exchanging back to BTC and into USD, but I'd much prefer a more direct system.

I PMed you. You basically need contacts willing to use their personal 50K USD conversion. The problem is, people willing can just arb the gap themselves.
sr. member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
Ya.. if wasn't for China, I'd say a lot of resistance again.  If China plows through though it'll prob be pretty uneventful.

I believe before this last "correction", China went as high as like $430 USD at one point.

The btcchina ATH is 2630¥, currently worth $431.75. Absolute insanity.

I've never seen arbitrage opportunities this big. You could drive a truck through bitstamp/btcchina. It's all so surreal.

It went from 2100 to 2600 within a couple of hours though. Absolutely crazy. Everyone was screaming "sell". You know tops when you see them.

We're getting quite a bit of arbitrage from Westerners too; overseas wires are cheap and fast, but a limited resource.

Could you share an effective strategy for Westerners?

I'm still under the impression that if I was to sell on btcchina, I'd be unable to recover my money. I have considered selling and waiting for the bubble to subside (and the arbs to trend back to zero), then exchanging back to BTC and into USD, but I'd much prefer a more direct system.
legendary
Activity: 1168
Merit: 1000

Is Bitfinex truly considered trustworthy? 50% APR sounds good but it seems like every kind of financial market or scheme yet invented for Bitcoin has imploded one way or another.

It is among traders.

APR's would be lower, if it weren't for people eating them up the second they're offered.
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
Ya.. if wasn't for China, I'd say a lot of resistance again.  If China plows through though it'll prob be pretty uneventful.

I believe before this last "correction", China went as high as like $430 USD at one point.

The btcchina ATH is 2630¥, currently worth $431.75. Absolute insanity.

I've never seen arbitrage opportunities this big. You could drive a truck through bitstamp/btcchina. It's all so surreal.

It went from 2100 to 2600 within a couple of hours though. Absolutely crazy. Everyone was screaming "sell". You know tops when you see them.

We're getting quite a bit of arbitrage from Westerners too; overseas wires are cheap and fast, but a limited resource.
sr. member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
Ya.. if wasn't for China, I'd say a lot of resistance again.  If China plows through though it'll prob be pretty uneventful.

I believe before this last "correction", China went as high as like $430 USD at one point.

The btcchina ATH is 2630¥, currently worth $431.75. Absolute insanity.

I've never seen arbitrage opportunities this big. You could drive a truck through bitstamp/btcchina. It's all so surreal.

The massive and persistent arbs between the btc markets is proof positive that the fiat system is a dinosaur.

True, though I think China's draconian remittance rules also have something to do with it.

It's also proof positive that big players with eyes on the Bitcoin ecosystem would prefer to hold the coins than exploit the enormous arbs.

Man, wish Bitfinex APRs weren't 200+% now..  insane.

We should tell so Bitcoin haters about Bitfinex, and how they can deposit some fiat and loan it to us idiots and make 50% APR easy..  They wouldn't need to ever even touch bitcoins!

Is Bitfinex truly considered trustworthy? 50% APR sounds good but it seems like every kind of financial market or scheme yet invented for Bitcoin has imploded one way or another.
legendary
Activity: 1168
Merit: 1000
Man, wish Bitfinex APRs weren't 200+% now..  insane.

We should tell so Bitcoin haters about Bitfinex, and how they can deposit some fiat and loan it to us idiots and make 50% APR easy..  They wouldn't need to ever even touch bitcoins!
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
Ya.. if wasn't for China, I'd say a lot of resistance again.  If China plows through though it'll prob be pretty uneventful.

I believe before this last "correction", China went as high as like $430 USD at one point.

The btcchina ATH is 2630¥, currently worth $431.75. Absolute insanity.

I've never seen arbitrage opportunities this big. You could drive a truck through bitstamp/btcchina. It's all so surreal.

The massive and persistent arbs between the btc markets is proof positive that the fiat system is a dinosaur.
legendary
Activity: 1168
Merit: 1000
Ya.. if wasn't for China, I'd say a lot of resistance again.  If China plows through though it'll prob be pretty uneventful.

I believe before this last "correction", China went as high as like $430 USD at one point.

The btcchina ATH is 2630¥, currently worth $431.75. Absolute insanity.

Ya, they just started going straight vertical..   Cheesy

Gox lagged behind like 40 bucks for a while, then someone intelligent thought to dump in USD to trigger the sell off (since obv China was bubbling and awaiting a catalyst).
sr. member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
Ya.. if wasn't for China, I'd say a lot of resistance again.  If China plows through though it'll prob be pretty uneventful.

I believe before this last "correction", China went as high as like $430 USD at one point.

The btcchina ATH is 2630¥, currently worth $431.75. Absolute insanity.

I've never seen arbitrage opportunities this big. You could drive a truck through bitstamp/btcchina. It's all so surreal.
legendary
Activity: 1168
Merit: 1000
Ya.. if wasn't for China, I'd say a lot of resistance again.  If China plows through though it'll prob be pretty uneventful.

I believe before this last "correction", China went as high as like $430 USD at one point.
Jump to: