Where? I see only 1240.
Not today =)
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32102. (Read 26472302 times)
October 23, 2013, 03:16:10 PM
October 23, 2013, 03:13:54 PM
Where? I see only 1240.
October 23, 2013, 03:11:53 PM
No, you're right. Its why CampBX isnt important. If they went to $500 it wouldnt effect the other markets at all.
If CBX went to $500 I'd move coins there and sell them, move fiat to my bank, then wire it back to bitfinex.
Hell, at that price you could just buy the coins thru localbitcoins.
Well yeah, but its like when rmbtb CNY went to 1500 the other day.. no other exchanges gave a fuck. Because they arent significant. Significance comes in the form of volume and trust.
Bitstamp is #1 in that I think. Followed by Gox.
Then maybe BTC-China and BTC-E.
CNY went to 1337.
October 23, 2013, 03:09:42 PM
No, you're right. Its why CampBX isnt important. If they went to $500 it wouldnt effect the other markets at all.
If CBX went to $500 I'd move coins there and sell them, move fiat to my bank, then wire it back to bitfinex.
Hell, at that price you could just buy the coins thru localbitcoins.
Well yeah, but its like when rmbtb CNY went to 1500 the other day.. no other exchanges gave a fuck. Because they arent significant. Significance comes in the form of volume and trust.
Bitstamp is #1 in that I think. Followed by Gox.
Then maybe BTC-China and BTC-E.
October 23, 2013, 03:07:22 PM
Google trends image. What exactly is fueling this rally? This tells me it's old money doing the same all over.
maybe there is a service called "baidu trends"?
Zero trade fees in china is fueling this pump/fake-rally.
Zero trade fees are what's called "free market." So I have no idea why you think that would distort the market.
Sure you can manipulate volume. How will that help in manipulating price?
No one can arb using an exchange located in a country that has capital controls!!! Go ahead try to move fiat money out of China... and you thought Gox was hard...
I'm pretty sure people can arb. After all lots of the people who have money in stuff like OKPay & LibertyReserve were Chinese. Obviously if you can get money into those types of things you can use similar approaches to arb.
Okay... i stand corrected... there is no *easy way*...
October 23, 2013, 03:05:29 PM
No, you're right. Its why CampBX isnt important. If they went to $500 it wouldnt effect the other markets at all.
If CBX went to $500 I'd move coins there and sell them, move fiat to my bank, then wire it back to bitfinex.
Hell, at that price you could just buy the coins thru localbitcoins.
October 23, 2013, 03:02:05 PM
October 23, 2013, 02:59:27 PM
Google trends image. What exactly is fueling this rally? This tells me it's old money doing the same all over.
maybe there is a service called "baidu trends"?
Zero trade fees in china is fueling this pump/fake-rally.
Zero trade fees are what's called "free market." So I have no idea why you think that would distort the market.
Sure you can manipulate volume. How will that help in manipulating price?
No one can arb using an exchange located in a country that has capital controls!!! Go ahead try to move fiat money out of China... and you thought Gox was hard...
I'm pretty sure people can arb. After all lots of the people who have money in stuff like OKPay & LibertyReserve were Chinese. Obviously if you can get money into those types of things you can use similar approaches to arb.
October 23, 2013, 02:55:50 PM
Google trends image. What exactly is fueling this rally? This tells me it's old money doing the same all over.
maybe there is a service called "baidu trends"?
Zero trade fees in china is fueling this pump/fake-rally.
Zero trade fees are what's called "free market." So I have no idea why you think that would distort the market.
Sure you can manipulate volume. How will that help in manipulating price?
No one can arb using an exchange located in a country that has capital controls!!! Go ahead try to move fiat money out of China... and you thought Gox was hard...
October 23, 2013, 02:55:30 PM
yes and a 300 btc sell would take us back to 213, waiting for someone to do it
There it is, after about 900. 
October 23, 2013, 02:55:16 PM
I can sniff a small correction just about behind the corner, not big thou.
As you requested.
October 23, 2013, 02:48:41 PM
The whale is still on toilet... C'mon 
We are waiting for you to crush this $220.
We are waiting for you to crush this $220.
October 23, 2013, 02:43:29 PM
Anyway, just continue. Nothing brings me more joy than watching jokers like you and Rampion lose their coins because they think they know it all.
I wouldn't normally waste time on taking issue with this sort of thing, but in the few months that I've been using this forum, I've seen that all of your posts are derogatory and not in the slightest bit constructive. You sound like a whining teenager. Consider yourself added to my ignore list.
I like shroomsy´s hate comments.
He took the advice from Blitz, Rampion and others and sold on the way down to 65$, then he got burnt.
I can see it in front of my closed eyes, everytime he see a posting from some of them, his pulse is going to 180, he gets red and begins to snuffle.
Very amusing everytime.
October 23, 2013, 02:40:04 PM
I agree with sitarow, the new USA regulation about international wire transfer is a serious thing
Quote
and we recommend that you use this time to research alternative means to send funds to foreign locations
For example bitcoin 
October 23, 2013, 02:38:21 PM
Anyway, just continue. Nothing brings me more joy than watching jokers like you and Rampion lose their coins because they think they know it all.
I wouldn't normally waste time on taking issue with this sort of thing, but in the few months that I've been using this forum, I've seen that all of your posts are derogatory and not in the slightest bit constructive. You sound like a whining teenager. Consider yourself added to my ignore list.
@shroomskit: is your avatar pic deliberately showing self-mockery or just a coincidence?
His reputation precedes him. I recognize shroomskit from another forum where he was equally as obnoxious.
October 23, 2013, 02:35:15 PM
Google trends image. What exactly is fueling this rally? This tells me it's old money doing the same all over.
maybe there is a service called "baidu trends"?
Zero trade fees in china is fueling this pump/fake-rally.
Zero trade fees are what's called "free market." So I have no idea why you think that would distort the market.
Sure you can manipulate volume. How will that help in manipulating price?
Volume manipulation can only affect price within the spread. I suppose it could indirectly affect price by screwing over other daytrader's indicators, but I don't think they could reliably do so in a way that would actually cause a defined trend in one direction.
No, you're right. Its why CampBX isnt important. If they went to $500 it wouldnt effect the other markets at all.
However, if they went to $300, but the volume was 20k... then, others would react. So, if BTCChina volume is "mostly real", then its being followed properly. If its mostly fake due to zero fees, then this rally is on something that is not as it seems.
October 23, 2013, 02:35:08 PM
Anyway, just continue. Nothing brings me more joy than watching jokers like you and Rampion lose their coins because they think they know it all.
I wouldn't normally waste time on taking issue with this sort of thing, but in the few months that I've been using this forum, I've seen that all of your posts are derogatory and not in the slightest bit constructive. You sound like a whining teenager. Consider yourself added to my ignore list.
@shroomskit: is your avatar pic deliberately showing self-mockery or just a coincidence?
October 23, 2013, 02:32:10 PM
I can sniff a small correction just about behind the corner, not big thou.
October 23, 2013, 02:31:32 PM
I hope you guys slept well yesterday cause today you won't.
LOL I love sleep and this is denying me that pleasure.
October 23, 2013, 02:27:54 PM
Google trends image. What exactly is fueling this rally? This tells me it's old money doing the same all over.
maybe there is a service called "baidu trends"?
Zero trade fees in china is fueling this pump/fake-rally.
Zero trade fees are what's called "free market." So I have no idea why you think that would distort the market.
Sure you can manipulate volume. How will that help in manipulating price?
Volume manipulation can only affect price within the spread. I suppose it could indirectly affect price by screwing over other daytrader's indicators, but I don't think they could reliably do so in a way that would actually cause a defined trend in one direction.
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