dont make any plans this weekend
and fill up on popcorn!
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32501. (Read 26471757 times)
August 01, 2013, 02:38:45 PM
after some chart reading, i can clearly see that the up trend will resume in a few hours!
dont make any plans this weekend
and fill up on popcorn!
dont make any plans this weekend
and fill up on popcorn!
August 01, 2013, 02:12:44 PM
There has to be a way to arbitrage and take advantage of this $10 difference in price! Just sitting around and watching this opportunity is making me sick.
only if you have a shitload of cash somewhere in a bank account or something, and are willing to leave it on Gox until they come up with faster withdrawals.
That's the only solution I can see. But then you increase your exposure risk.
August 01, 2013, 02:07:11 PM
[...]
Sure, it was only supposed to be indicative.
The volume has fallen at each buying period. The below shows it more clearly:
Anyway, it will be interesting to see how it pans out.
Not being snarky, but honestly wondering: That H+S pattern didn't materialize, right? Or is there something like a double right shoulder?!
Correct. Even a perfectly formed H+S pattern may not complete, but statistically, it usually does.
I played the head and the right shoulder and made a small profit, but the dip after the right shoulder didn't materialise.
you couldn't resist telling us about your profit huh?
August 01, 2013, 02:05:56 PM
There has to be a way to arbitrage and take advantage of this $10 difference in price! Just sitting around and watching this opportunity is making me sick.
only if you have a shitload of cash somewhere in a bank account or something, and are willing to leave it on Gox until they come up with faster withdrawals.
August 01, 2013, 02:01:10 PM
August 01, 2013, 01:40:05 PM
SELL plz
August 01, 2013, 01:01:06 PM
August 01, 2013, 12:48:16 PM
There has to be a way to arbitrage and take advantage of this $10 difference in price! Just sitting around and watching this opportunity is making me sick.
I already described it:
You buy the dips on bitstamp or btc-e then sell the tops. Keep the profit in BTC, send it to gox and sell there.
Rinse & repeat & accumulate.
But you have to sell the tops at Gox and you won't be able to cash out before Christmas. lol
There is bound to be a catch...
August 01, 2013, 12:30:52 PM
There has to be a way to arbitrage and take advantage of this $10 difference in price! Just sitting around and watching this opportunity is making me sick.
I already described it:
You buy the dips on bitstamp or btc-e then sell the tops. Keep the profit in BTC, send it to gox and sell there.
Rinse & repeat & accumulate.
But you have to sell the tops at Gox and you won't be able to cash out before Christmas. lol
August 01, 2013, 12:13:33 PM
There has to be a way to arbitrage and take advantage of this $10 difference in price! Just sitting around and watching this opportunity is making me sick.
I already described it:
You buy the dips on bitstamp or btc-e then sell the tops. Keep the profit in BTC, send it to gox and sell there.
Rinse & repeat & accumulate.
August 01, 2013, 12:04:56 PM
There has to be a way to arbitrage and take advantage of this $10 difference in price! Just sitting around and watching this opportunity is making me sick.
It's not true arbitrage as money does not flow freely out of gox.
August 01, 2013, 12:01:57 PM
August 01, 2013, 12:01:24 PM
There has to be a way to arbitrage and take advantage of this $10 difference in price! Just sitting around and watching this opportunity is making me sick.
August 01, 2013, 11:40:15 AM
this 'head and shoulders' you are debating about seems allot like the 'head and shoulders' a few people identified a couple of weeks ago with a similar upwards slant:
August 01, 2013, 11:01:10 AM
August 01, 2013, 10:40:26 AM
@prof7bit
I guess you're asking Traktion, since he suggested the pattern, but even though I didn't agree with him, your "find in less than 2 minutes" criterion is a bit unfair. Depending on how well trained you are, it could take you 30 seconds or 20 minutes to find a pattern, irrespective of whether it is really there or not.
When Traktion first posted, he also had a 15 min view. I'm not experienced in determining candlestick patterns, but I *could* see how (on the 15 min view) a left shoulder and a head had materialized, and a right shoulder was possibly forming.
I mainly disagreed because of the volume acting atypical.
I guess you're asking Traktion, since he suggested the pattern, but even though I didn't agree with him, your "find in less than 2 minutes" criterion is a bit unfair. Depending on how well trained you are, it could take you 30 seconds or 20 minutes to find a pattern, irrespective of whether it is really there or not.
When Traktion first posted, he also had a 15 min view. I'm not experienced in determining candlestick patterns, but I *could* see how (on the 15 min view) a left shoulder and a head had materialized, and a right shoulder was possibly forming.
I mainly disagreed because of the volume acting atypical.
August 01, 2013, 10:31:32 AM
[...]
Sure, it was only supposed to be indicative.
The volume has fallen at each buying period. The below shows it more clearly:
Anyway, it will be interesting to see how it pans out.
Not being snarky, but honestly wondering: That H+S pattern didn't materialize, right? Or is there something like a double right shoulder?!
August 01, 2013, 10:01:04 AM
August 01, 2013, 09:43:59 AM
Reporting on Gox Hiatus:
http://blogs.wsj.com/moneybeat/2013/07/30/bitcoin-exchange-mt-gox-still-grappling-with-slowdown/
No concrete explanation so far.
http://blogs.wsj.com/moneybeat/2013/07/30/bitcoin-exchange-mt-gox-still-grappling-with-slowdown/
No concrete explanation so far.
August 01, 2013, 09:04:41 AM
[...]
Sure, it was only supposed to be indicative.
The volume has fallen at each buying period. The below shows it more clearly:
Anyway, it will be interesting to see how it pans out.
Not being snarky, but honestly wondering: That H+S pattern didn't materialize, right? Or is there something like a double right shoulder?!
Correct. Even a perfectly formed H+S pattern may not complete, but statistically, it usually does.
I played the head and the right shoulder and made a small profit, but the dip after the right shoulder didn't materialise.
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