Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33479.

Malawi

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One bitcoin to rule them all!

Quote from: lunarboy on May 17, 2013, 06:22:26 PM

Damn you Americanos ! Sell your Alt coins on BTC-E transfer the BTC to MT GOX and sell for a $10 gain ! Soooo jealous

And then - how do they get the USD in their hands? I think the spread is due to americans buying BTC at MtGox so they can move the BTC to some other exchange where they can more easily get their fiats transferred to US.

Loozik

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Born to chew bubble gum and kick ass

Quote from: NamelessOne on May 17, 2013, 08:35:40 PM

Your upper line is way off unfortunately.

Yes, the data is outdated. I fucking hate converting unixtime, so I do not do it regularily.

I think it is a triangle continuation pattern https://www.exness.com/education/technical_analysis/trend_continuation_patterns The price went above the upper trendline a bit. I think it is a false break out. Time will tell.

NamelessOne

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Quote from: Loozik on May 17, 2013, 08:28:06 PM

[/img]

Should go south soon.

Your upper line is way off unfortunately.

Abandon

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It's bound to grab onto some trend sooner or later, it doesn't have to always meet support or complete triangles. So it's not likely to continue with that support line if it doesn't need it anymore, and there isn't much of a resistance line.

Frozenlock

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Because...?

Loozik

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Born to chew bubble gum and kick ass

[/img]

Should go south soon.

Frozenlock

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Sure looks like a bullish flag.

http://www.investopedia.com/stock-analysis/cotd/answ20090105.aspx

oroboras

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Chartbuddy has nothing to say, apparently.

ChartBuddy

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micalith

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Quote from: Miz4r on May 17, 2013, 07:10:25 PM

Quote from: michaelGedi on May 17, 2013, 06:50:37 PM

I think that's pretty unlikely. These walls are probably mostly from gox... bitstamp has proved itself pretty reliable and reasonably liquid. I doubt these big sellers want to go anywhere else.

Just be patient I guess, this is not the first time Bitstamp is a few dollars behind on Gox. Now perhaps a bit more than at other times but it's a free market and it will fix itself one way or another. I'd like to arbitrage if I could by selling bitcoins on MtGox and then buying them again on Bitstamp but I'm afraid the process will take too long. I guess other people would have already done it if there was a quick and easy way to arbitrage...

Depends how much cash you want to arb. I was just using bitinstant to do it a couple of hours ago. Made 6% easy. Limits are $500 per transfer, and limited total per day. I only got $876 across. But now, oddly, bitstamp has suddenly been removed from the bitinstant pay options. I don't know if that's a glitch or if they've cancelled bitstamp pays...

Are bitinstant the only ones doing this sort of thing?

Abandon

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Quote from: Miz4r on May 17, 2013, 07:10:25 PM

Quote from: michaelGedi on May 17, 2013, 06:50:37 PM

I think that's pretty unlikely. These walls are probably mostly from gox... bitstamp has proved itself pretty reliable and reasonably liquid. I doubt these big sellers want to go anywhere else.

Just be patient I guess, this is not the first time Bitstamp is a few dollars behind on Gox. Now perhaps a bit more than at other times but it's a free market and it will fix itself one way or another. I'd like to arbitrage if I could by selling bitcoins on MtGox and then buying them again on Bitstamp but I'm afraid the process will take too long. I guess other people would have already done it if there was a quick and easy way to arbitrage...

The fees would eat you up, not the risk of time.

Miz4r

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Quote from: michaelGedi on May 17, 2013, 06:50:37 PM

I think that's pretty unlikely. These walls are probably mostly from gox... bitstamp has proved itself pretty reliable and reasonably liquid. I doubt these big sellers want to go anywhere else.

Just be patient I guess, this is not the first time Bitstamp is a few dollars behind on Gox. Now perhaps a bit more than at other times but it's a free market and it will fix itself one way or another. I'd like to arbitrage if I could by selling bitcoins on MtGox and then buying them again on Bitstamp but I'm afraid the process will take too long. I guess other people would have already done it if there was a quick and easy way to arbitrage...

elux

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Radio Stream from #Bitcoin2013 in San Jose - LIVE NOW!

Quote from: elux on May 17, 2013, 06:34:28 PM

LINK: http://www.freetalklive.com/listen/live

Reposting what I posted to reddit just now:

Quote

I won't be able to tune in all night... Cry

Would be super awesome if some of you guys would be so kind as to take notes of interesting developments or breaking news covered on the stream and post them here. <3

...

Hmm... Conference coverage was cut off by some really annoying commersials and pre-recorded self-promotion loops. Hope they return shortly.

...

Yay, they're back...

...

Interviewing Fred Ehrsam from Coinbase right now. Cheesy

This is awesome. And I'll stop talking to my self now. Wink

...

ChartBuddy

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michaelGedi

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"to be or not to be, that is the bitcoin"

Quote from: Abandon on May 17, 2013, 06:30:47 PM

Quote from: michaelGedi on May 17, 2013, 06:11:58 PM

bitstamp still looking pretty unhealthy... until those asks clear off one way or another, I don't see us following gox on any big upward climb.

That will only encourage people to leave them, to take advantage of arbitrage elsewhere, and that will make the sell wall mostly disappear, unless some people stubbornly sticky with them. I bought some routed from Bitfinex, so I can't transfer any bitcoin out to get a better rate. I hope I don't come to regret that, and that the wall disappears soon. Hopefully they get a good way to import dollars, that would help stabilize it, so long as there's people still left to fund their account through them.

I think that's pretty unlikely. These walls are probably mostly from gox... bitstamp has proved itself pretty reliable and reasonably liquid. I doubt these big sellers want to go anywhere else.

Abandon

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Quote from: michaelGedi on May 17, 2013, 06:11:58 PM

bitstamp still looking pretty unhealthy... until those asks clear off one way or another, I don't see us following gox on any big upward climb.

That will only encourage people to leave them, to take advantage of arbitrage elsewhere, and that will make the sell wall mostly disappear, unless some people stubbornly sticky with them. I bought some routed from Bitfinex, so I can't transfer any bitcoin out to get a better rate. I hope I don't come to regret that, and that the wall disappears soon. Hopefully they get a good way to import dollars, that would help stabilize it, so long as there's people still left to fund their account through them.

Jokah

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Quote from: adamstgBit on May 17, 2013, 06:07:50 PM

Quote from: Jokah on May 17, 2013, 05:52:11 PM

I'm not a day trader but I follow the this thread (ie. the best thread to keep up to date in bitcoin and recent events) but as my spare time is limited I struggle to follow every page.

I'd just like to know what peoples opinions are on why the price is currently going up. My feeling is people buying in anticipation on what this weekends events will produce?

I'd start a separate thread but I've been lurking around here for a few years now and have learned that this thread is the best source of opinions (in my opinion Wink

).

there's a lot going on, and its all being down played by the "bad news" that the government is starting to regulate the cash flow out of bitcoin.
IMO the fact that government is taking notice is a good thing, and i see big projects in the works, with some real funding backing it up, this will have serious consequences for bitcoin.

when the FUD turns to Facts, bitcoin will blast off with more force then we have ever seen before.

For better or worse, and despite the fact that some people believe that bitcoin is impervious to government intervention, I believe that it is inevitable. Whether that ends up been good or bad is yet to be seen but the sooner it is dealt with the better.

lunarboy

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Damn you Americanos ! Sell your Alt coins on BTC-E transfer the BTC to MT GOX and sell for a $10 gain ! Soooo jealous

ElectricMucus

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Marketing manager - GO MP

Quote from: adamstgBit on May 17, 2013, 06:07:50 PM

Quote from: Jokah on May 17, 2013, 05:52:11 PM

I'm not a day trader but I follow the this thread (ie. the best thread to keep up to date in bitcoin and recent events) but as my spare time is limited I struggle to follow every page.

I'd just like to know what peoples opinions are on why the price is currently going up. My feeling is people buying in anticipation on what this weekends events will produce?

I'd start a separate thread but I've been lurking around here for a few years now and have learned that this thread is the best source of opinions (in my opinion Wink

).

there's a lot going on, and its all being down played by the "bad news" that the government is starting to regulate the cash flow out of bitcoin.
IMO the fact that government is taking notice is a good thing, and i see big projects in the works, with some real funding backing it up, this will have serious consequences for bitcoin.

when the FUD turns to Facts, bitcoin will blast off with more force then we have ever seen before.

Some times Fear Uncertainty and Doubt is warranted. And when it does it is wise to act with caution.

michaelGedi

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Activity: 364

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"to be or not to be, that is the bitcoin"

bitstamp still looking pretty unhealthy... until those asks clear off one way or another, I don't see us following gox on any big upward climb.

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