When do I sell?! I have lost the ability to figure anything out  Life savings are stuck in there. No sleep tonight! Well I decided to move/sell 3.6 btc via coinbase.....going on 2 hrs unconfirmed...ugly...ugly.... had standard fee included (or always was that way in the past) so....busy busy...the btc transaction elves they are... says fine at coinbase end.in that is showed and is unconfirmed there too..but still annoying....may drag out a bit huh? prepare for a dump in price before I can cash out..the crypto gods hate me  (you have been warned..I broke the price rise) (or so it seems most times I try to cover my butt somewhat on such rapid rises w/some buffer to $$$ on such a rise) the "standard fee" is constantly going up if you didnt pay >10cents your gana be waiting a while. in anycase, your efforts to feed the gigantic whale are much appreciated |
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something that one can observe very often:
if stamp moves either up or down that move is also made by the other exchanges, be it huobi, okcoin, finex, whatever
but if lets say huobi starts a big move and stamp doesnt follow, then thats it. huobi backs off and comes back again.
so stamp is the one that has to "confirm" any movement in china, if that doesnt happen then the move fails.
edit: thats why its so interesting at the moment. lets see if china has to back off or they have the power to drag stamp higher.
not really, china always controls the price. nope, china controlling the price and being the reason for the rally is just the message that's perfect for the media and noobs. That majority of volume of trading and ming is in china and you are trying to tell me that they dont influence the price? Miners are just selling to cover their costs thats all. Doesnt matter if its chinese miners, swedish miners or american miners. They all behave the same. Trading volume in china is known to be fake, mostly exchange-bots. Its just a nice story that everyone likes to believe and media likes to sell newbies. china's volume is likely highly exaggerated but its got to be somewhat real... its not hard to believe that the country with the largest population, largest amount of hashing power, its poeple know to be risk takers and have many large investors(who's buying up all the housing all over the world? the F'in chinese!) not to mention the nature of their fiat... would lead bitcoin. plus there exchanges have suckered in poeple from all over the world to speculate on BTC with CNY because of 0% fees. |
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Looks to me like a massive dead short is trying to escape their position ... $10 spread on the BearSwamp and 30-50 arb with other USD exchanges.
I trust itBit more who have a chartered NY Bank Trust and doing decent volumes now.
i like watching itBit too. |
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Haven't posted here in a while, but still read daily.
It's been a long 3 years of ups and downs, but I want to join the ATH celebration.
I assume we're not following Huobi. That $110 arbitrage, hows that holding?
move btc to china -> sell -> get fiat -> and then? its hard to get fiat out of china, thats why arbitrage doesnt work well. most likely you need connection to get fiat out. Ah, makes sense. I always overlook fiat problems ha. Still a wild price difference right eh, and i have a feeling that china's capital controls are only getting tighter and tighter bitcoin is a way for them to get capital out, but this means their BTC markets are bleeding supply while demand is rising. no wonder there's such a price dif. |
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i honestly think 1337 in ~10-20 mins.
Are you serious cos my prediction is that the price will be at round $1300- $1800 first quarter of this year any second now. |
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stamp shows who is da boss, if they dont wanna move, they dont move.
pretty sure the chinese exchanges are the bosses tbh. its actual a very interesting situation at the moment. lets see who will win, either stamp rising or china coming back. kinda feels like china is pushing its price high, so coins from the west make there way onto their exchanges. |
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i honestly think 1337 in ~10-20 mins.
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definitive break in the east
poeple of the west done with there panic profiting.
new high incoming.
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china breaking out of bullish flag poll
whole bunch of stampers got trapped.
new high incoming...
we'll probably be at 10,000CNY before any seeing any sign of weakness.
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why does it feel like at any moment price could start rising at a rate of 1% every 10mins for 148 hours nonstop?  edit: here we go? is it starting? .... aw fuck this i'm going to bed |
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in other news: Rusine scientist are close to break through that will improve rocket power 32,000%  |
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#selling fiat
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That would be crazy and is exactly why I kept a few btc on the side for safe keeping but I did sell out most of my btc. I hope they are happy in their new home.
when price moves much higher than where you sold, and your feeling down, go on a shopping spree, it seem to work for my gf. |
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This is crazy guys, this rise is parabolic. Don't you think it need to come back down and floor out. Like how high can it possibly go before crashing? I think its now so I sold all my btc besides a few for investing with and I'll buyback in at $800 in a month from now.  Parabolic is historically normal for bitcoin. I personally think we are still in a warm up stage, but who knows, right? Yeah, still warm-up imo. As long as we have no other hacked exchange or some regulation fuck-up we are good to go. we'll find a local top at like 1337 or maybe as high as 3000 sorta "stabilize" there for couple months @Sourgummies Bhjahahahahahaha |
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it will drop to 1337 and then 3200 |
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market will blast pass $1000 and then there will be waves of selling, but magicly! we'll end Feb >1200$ and then this shit really gets interesting.
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