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2801  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 05, 2017, 07:33:48 PM
Wow this afternoon looks like we have lyrics competition...

This is how much you boring with the price stable i think right? don't worry....some hours to open the banks again... $1300 will be broken soon ?

any ideas?

Yeah, I think $1300 will happen tomorrow.  Given all the claims we've had this weekend that the ETF is already approved, regardless of how false thise claims may be, and the banks reopening to let money flow to the exchanges, I think people won't be able to resist taking extra steps to make sure they're on that rocket when it launches  Tongue

I'm intrigued by Elwar's jump to 3 in his countdown!

I asked before but up to now i had no answer so can you please tell me what are the news regarding the ETF? i saw elwar posted the number 3...
now you tell me the ETF is already approved... what happend?? i left for some hours yesterday and today and i missed all the fun?


This is the "news" about the ETF, although I wouldn't bet the house on it. If I worked for the SEC I wouldn't risk prosecution by blurting confidential news out ahead of time.


My good friend is Pete McMillan and he works as a clerk for the SEC. He sent me a screenshot yesterday of his laptop. On it was the press release for next Wednesday on the Bitcoin Winklevii ETF... So the decision has already been made folks.

I thought this bit of information would silence the debate that has been raging the past few hours. Remember to only invest more than you can afford and never take the advice of anyone that is prepared to give it. Also, remember that no shoes were made for a cobbler's feet before they are first made for his children.
2802  Bitcoin / Electrum / Re: Electrum shows already "forgotten" Transaction? on: March 05, 2017, 06:44:32 PM
Heyho,

so due to low fees my transaction didn't get confirmed so I decided to close Electrum and let the blockchain forget about this transaction.
Finally blockchain forgot about the transaction (https://blockchain.info/tx/8a73ed525dd603b6c8bc8d6b4ea8550e54f9f30a22588efc1c9fa6beea610138), but Electrum still shows
this transaction as unconfirmed.

Can you help me?

How do you know blockchain forgot about it?  I clicked your link and it says unconfirmed.



Blockcypher says it's a double spend. A few minutes ago the blocktrail explorer said that transaction didn't exist, and that the receiving addresses were unknown, but now it's saying the transaction is confirmed and the receiving addresses have coins in them.


https://live.blockcypher.com/btc/tx/8a73ed525dd603b6c8bc8d6b4ea8550e54f9f30a22588efc1c9fa6beea610138/

Quote
WARNING: This transaction has been double-spent by 2bcd9c1e3df0ba96aad50798c6074..., be extremely careful when accepting this transaction!





This is the other transaction from the double spend.

https://live.blockcypher.com/btc/tx/2bcd9c1e3df0ba96aad50798c6074b5b2aa2b03b9a9d727172fc344fb095831e/

2803  Bitcoin / Electrum / Highest dynamic fee not high enough on: March 05, 2017, 06:34:34 PM
update

After some testing I'm fairly sure I identified a bug that affects the first run of a portable wallet, and a workaround for it. Please see this post for details

https://bitcointalk.org/index.php?topic=1814785.msg18079627#msg18079627





Earlier today my wallet only allowed setting a maximum dynamic fee of 0.001 BTC/KB, which it said would confirm within 25 blocks.

However, bitcoinfees.21.co recommended using 0.00226 BTC/KB for a confirmation in the next block. Today the network has a huge backlog of transactions, but some electrum users will still want to set a maximum dynamic fee for a confirmation in the next block.

If I have got my facts straight, then maybe the server code that calculates the maximum dynamic fee needs tweaking to take account of the recent ATH for mempool size.



*snip*

I tested the dynamic fee in my wallet today, and the maximum it allows is 0.001 BTC/KB, which it says will get my transaction confirmed within 25 blocks.





However, the bitcoinfees website recommends using 0.00226 BTC/KB for a fast transaction today. My wallet won't let me pay that much using dynamic fees, but will if I edit the fee manually.


https://bitcoinfees.21.co/
2804  Bitcoin / Bitcoin Technical Support / Re: Transaction not confirmed but I paid fees? on: March 05, 2017, 04:49:04 PM
How can I get the transaction sped up?

If your electrum wallet is version 2.7.0 or newer, and you enabled Replace-By-Fee in its preferences, you can replace your transaction with one that has a higher fee. However, Replace-By-Fee is disabled when you install a wallet, you have to enable it yourself.

If it's not enabled, and you would like that option for speeding up future transactions, then enable it using the following steps.

Select tools, then preferences.




This is the default preferences window.




Check the "enable Replace-By-Fee" checkbox, then click the close button.




When you send Bitcoins check the checkbox marked "replaceable" to make a transaction that allows Replace-By-Fee.





2805  Economy / Scam Accusations / Re: Cryptsy Hack Resolution - 3rd dispatch posted on: March 05, 2017, 12:56:46 PM
Last I saw on this there was a class action for residents of the USA. Anything other than that available? I'm outside the USA

I suspect you can submit a claim because the claim form accepts both foreign address and USA addresses. The screenshot below is part of the online claim form.

https://cryptsysettlement.worldsecuresystems.com/submit-a-claim





The quote below is from the claim site, and it says nothing about excluding foreign claimants.

http://cryptsyreceivership.com/

Quote
You may submit a Claim if you are a member of the Class. You are a member of the Class if between November 1, 2015 and June 2 2017, you were a Cryptsy account holder, and held at Cryptsy Bitcoins, alternative cryptocurrencies, or any other form of monies or currency that you are unable to access, trade or otherwise obtain, your cryptocurrency.


You can find more information here, including the receiver's contact details. Ask the receiver if you can make a claim, or make one anyway. The worst he can do is reject you.

https://cryptsysettlement.worldsecuresystems.com/


The thread linked below is better than this one for finding the latest information.

https://bitcointalk.org/index.php?topic=1173703.0
2806  Bitcoin / Electrum / Re: Electrum Fee's and long transaction times. on: March 05, 2017, 12:05:59 PM

Quote
I have had Electrum on Auto Fee's and I have seen the FEE TO LOW message a couple of times.
I have hit the slider to Max Fee which on 0.01 is 0.001, but found that it is still around 25 blocks.

Is it possible to hard type the fee for a transaction, as I dont want to get caught out?
AFAIK, you can adjust the dynamic fee in the preferences or just turn them off and use a fixed fee per byte.



The quote below explains how to hard type the fee per KB for a transaction, and then view the total fee you will pay before you send the transaction.




If you want to set a very high fee then click tools in the menu bar, then preferences as shown below.




In the window that opens uncheck "dynamic fees", and check "set transaction fees manually". Then enter the fee rate you want in the text box marked "transaction fee per kb". The screenshot below show you which settings to change.




For instance if you want a fee five ties higher than 50k sat per KB (which is extremely high), then put 0.0025 in that text box. If you want a lower fee of 50k sat per KB, then put 0.0005 in that text box.

You can always switch back to dynamic fees when the network's not as busy as today.


You can find the ideal fee to pay for fast transactions at the site linked below. It currently says it's 200 satoshis/byte. If you want to manually set electrum to pay that fee then put 0.002 in the text box marked "transaction fee per kb".

https://bitcoinfees.21.co/

Quote
The fastest and cheapest transaction fee is currently 200 satoshis/byte


If you manually set the fee per KB using the settings above you can view the total fee you will pay before you send your transaction. The screenshot below shows the fee appearing below the amount you are sending.



note

The preferences window shown is from an older version of electrum, newer versions have a different layout.
2807  Bitcoin / Bitcoin Technical Support / Re: Bitcoin transactions not showing up in blockchain and remaining unconfirmed. on: March 05, 2017, 12:38:17 AM

But if you are having trouble with your client, you may need to upgrade to a newer version since what
you are using now is so far back that many things have changed. If you wish to continue with your client,
you could manually push your raw txs from another source like this: https://blockchain.info/pushtx

I'm not an expert, but I'm sure AChow101 will come along and explain you need a newer client and why.


He might need to upgrade his wallet to get a transaction accepted by the network because his outdated wallet's sending transactions with high S values.


Bitcoin core nodes will now only accept transactions with low S values. They used to generate and accept transactions with high S values, but that's no longer allowed since the release of core wallet v0.11.1 in October 2015. If his wallet's older than v0.11.1 he needs to upgrade.


https://bitcoin.org/en/release/v0.11.1

Quote
Test for LowS signatures before relaying

Make the node require the canonical ‘low-s’ encoding for ECDSA signatures when relaying or mining. This removes a nuisance malleability vector.

if his wallet's generating transactions with high S values then raw transaction pushing services like https://blockchain.info/pushtx will reject any high S value transactions it generates.
2808  Bitcoin / Wallet software / Re: Is there a way for me to use a Mycelium HD wallet in Electrum or vise versa? on: March 04, 2017, 10:33:15 PM
No, you can't use electrum wallet words in Mycelium HD. They would generate a different set of addresses from the same wallet words.

Electrum is unusual because it generates uncompressed private keys from wallet words. Mycelium HD, like most other wallets, generates compressed private keys from wallet words. That results in the two different wallets generating different addresses from the same wallet words.
2809  Bitcoin / Development & Technical Discussion / Re: Raw transaction fee on: March 04, 2017, 08:28:15 PM
The total fee you pay depends on the length of the raw transaction. The length of the raw transaction generally depends on how many addresses are involved in it.

The transaction linked below is one address sending all its coins to one other address, with no change left over. It's one of the shortest type of transactions.


https://blockchain.info/tx/13f849eeffb2b35578c3a1b2841510f784ce0b6224a199c755594faa2ee1c8fd

This is the raw transaction.

Quote
0100000001f82d80a303764d640f8052a49c576a6172ba6ebd10b2a0c3fef7d415123d330b00000 0006a47304402204a915639a3b24827934b41e7986834750667dbdab6a03d946ebdc127537dc5c1 0220687d7d83e69ef61dd05efd58a09d5babab06ca1e9b1b60c9ccae4bcf46b700600121038ba44 8c24496282461eb694dd1230b0fda2368312d505b5871730f49fc158b34ffffffff01ac550c0000 0000001976a9146d4fc1569d47d2f4f1f04da5000df8487c6942bb88ac00000000



The next transaction linked below is five addresses sending some coins to another address, and the change left over to a second address.

https://blockchain.info/tx/720cd86ca414ecaa6018a359b6b056f52dea311faa3f05071b73f485eea1d3a4

This is the raw transaction. You can see how much longer it is compared to the first. It's longer because it has seven addresses involved in it.

Quote
0100000005ce6b0d5ec487631ff518ead9228ed8db8951fce61e5141e71109577a24b6c3bf01000 0006b483045022100d6a9f0c447fe0101f887135c66843cf58ac7adeed51ab8b6a23ced11cce88d 8c02204d90a4723a992bc751336a33673ed77ae38e84f38a4565d25cc9f9f1f338e6750121033e5 ab8d934b2210a7d7e04e9ea132b00eb785bfd3d513a0d1484670cf41832a3feffffffac9288c540 52639b503bfc2c628c8a4779623f0b54d12bbc6f835bb0480a2adc010000006a473044022050721 720a8c109b3f64b70b779a08fb93b74dde267015dc4820bc346d308b3e5022021d16fc044c12d24 ca477cf66ead7227ee02666f94fa6bb5019e512e8517dd7b012103f647181a56e3b326c962bd5fe 756f1a0be300bf8bf174187d43ea31535ca6790feffffff47b4b1d06dcf189aec8a67d2c44dfdac bfef611147c717b3afd862baa3adc904010000006b483045022100838e3faafefb61063a1f42502 d65355127959ea23166af66e8c35ca167fbef180220787c466efd2871ca959f6d7c0f587894aa1a bcbc9e01383273effa99c248292f01210340ea86b6b173041feb506034a6cdc9952435e72fa66f0 c4014cade7e4bed58a8feffffff73921325906fbc76adb54fb63671484937032d19609304949817 572b14d667f9010000006a47304402201b0534fd3cfba88ea3e09d8a66eabfbe39d487aec404853 fe89d0360770db5a902201f4cb68b4540fe8616d2807107da7f1b55e8df8d2c672e695f7d9a8132 e82b7b0121020e2afcba712782337d633c4bbf60ff6946b514cf02e407d9927e0a0ed605c4cafef ffffff0112085e4d5fa9899a6a1501c0d2e3a5a3887479c7985f4f1fbc6bb2f977ffa000000006a 4730440220127bee117ce62ca6a69050472901c15a51b8c18842f01ce68f71f11bc2a80df002204 113b397dabea98fdd42d4abb191ec9330af74ca2dafd3e8ba5052e2e855dabb012103dc19490250 a444199e6c42616c4685a7a4e8e9d05531f3606d52215c8650a170feffffff02674b0f000000000 01976a9141f9abe4254f7b33da8059b0270c62874d55f148c88ac90028c01000000001976a914a7 0ff371cc537164b6db77534fba2732b70a080688ac4ef40600

If two transactions pay the same fee per KB, the longest transaction with the most addresses in will pay a higher total fee. The length (size) of a raw transaction is measured in KB.

Some wallets have settings that allow you to view the total fee your transaction will pay before you send it. Electrum's preferences settings let you choose the fee per KB, and you can also view the total fee you will pay after creating a transaction if you check the setting to "set transaction fee manually" in preferences.
2810  Bitcoin / Electrum / Re: Transaction still pending. Are halving the same as mine? on: March 04, 2017, 07:53:42 PM
This transaction looks to have already confirmed but the fee used was less than recommended.

I recommend that you use the Dynamic Fees option with the slider to the right to ensure quick fees. You can also check http://bitcoinfees.21.co/ to see what the recommended fees are before sending a transaction.

You are also using an outdated version of Electrum and I would advise you upgrade to the latest version.
Yeah but sometimes the're take too long to receive if  i choose dynamic fees.. they are recommending a fee but it is less than what i set to 50k sat fee..
Well i receive just few hours ago and i think it takes 24 hours before i received. and i am not the only one who are experience this thing..

If you want to set a very high fee then click tools in the menu bar, then preferences as shown below.




In the window that opens uncheck "dynamic fees", and check "set transaction fees manually". Then enter the fee rate you want in the text box marked "transaction fee per kb". The screenshot below show you which settings to change.




For instance if you want a fee five ties higher than 50k sat per KB (which is extremely high), then put 0.0025 in that text box. If you want a lower fee of 50k sat per KB, then put 0.0005 in that text box.

You can always switch back to dynamic fees when the network's not as busy as today.

note

The preferences window shown is from an older version of electrum, newer versions have a different layout.
2811  Bitcoin / Electrum / Re: Unconfirmed transaction for 5 day on: March 04, 2017, 07:30:15 PM


Contact some users to help you out by including your transactions in a block, in exchange for some fees:

1. kano: https://bitcointalk.org/index.php?action=profile;u=36044

Kano stated he doesn't do that for people, a while ago. Do you know for sure that he started doing it?


No kano still doesn't take requests to include transactions in a block.

The quote below explains how mocacinno suggested kano might offer that service, but he was wrong.

I mistakenly advised someone to ask kano for that service recently, and kano confirmed he doesn't do it.

However Quickseller does take requests to include transactions in a block.



If your transaction has a fee below the minimum 0.0001BTC/KB fee the ViaBTC accelerator requires you can send a pm to either kano or macbook-air. Both of them have access to big mining pools.



wel i have the same problem i send message to both, this is the message i got from kano "No idea where you read it, but I didn't say that."

so i dont know why u say that ?

Sorry for my mistake, mocacinno suggested contacting kano together with quickseller or macbook-air, so I assumed kano sometimes helped confirm stuck transactions.


A last option would be to contact quickseller or macbook-air or kano on  this forum and offer a reward if one of them includes your tx'es in a block they're currently solving.

2812  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 04, 2017, 03:55:02 PM
Did this cause the crash?
http://www.heybtc.com/u-s-federal-reserve-official-warns-the-risks-of-bitcoin/

China says this 10 times a day so its not going to matter obviously. Just very interesting.

Every central bank in every country in the world has said the same thing. The difference with China is that they actually do something about these things.

If the FED's issuing warnings about Bitcoin it doesn't stimulate much faith in an ETF approval. On the other hand they must be aware that an approval's going to pump the price. Maybe the FED's covering itself by issuing a warning before an ETF approval, then it can't get the blame from those who buy at the very top, just before a dump.
2813  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 03, 2017, 09:56:33 PM
sorry if this has already been posted...   found on Reddit.  
>>>>>>>>>>>>>>>>>>
The March 11 date came about because it is 180 days from the publication of the proposed BATS rule change in the Federal Register - there can be no more 45 or 90 day delays - SEC must approve or reject, with no decision = acceptance (Rule 19, Sec Exch Act of 1934)...

 But look at how time periods for publications in the Federal Register are calculated pursuant to 1 CFR 18.17(b):

"Dates certain will be computed by counting the day after the publication day as one, and by counting each succeeding day, including Saturdays, Sundays, and holidays. However, where the final count would fall on a Saturday, Sunday, or holiday, the date certain will be the next succeeding Federal business day."

That would put us at Monday, March 13 for the deadline.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

That's a pertinent bit of detective work.

We were speculating why they made the last possible decision day a Saturday. It seemed strange considering they don't work on Saturdays. Now we know why.



The meeting is 11 of March right?
That means we have exactly 2 weeks from now. Is this normal for USA to hold such meetings on Suturday? it's working day?? and result will be same day or need also wait?

That's the decision deadline. There's no associated meeting. They might already have made up their minds. Falling on a Saturday is a bit of a weird move indeed. I've read elsewhere that no ETF has ever passed by doing nothing, which is what some people are expecting here, and there's no way something so new and complex would pass like that either.

We'll know either way before that Saturday I expect.
2814  Bitcoin / Bitcoin Technical Support / Re: Help needed on RBF double spending. on: March 03, 2017, 09:30:55 PM
This link is for an RBF double spending guide, and other options for fixing stuck transactions.

https://bitcointalk.org/index.php?topic=1802212.0

This link is to a thread with software for RBF double spending. If you read the whole thread it explains how to use it, and workarounds for a few bugs. However, it requires some technical skill to use.

https://bitcointalk.org/index.php?topic=1506632.0

If you keep trying the ViaBTC accelerator it will eventually accept your transaction. It only accepts 100 transactions an hour, so you have to keep on trying.
2815  Bitcoin / Electrum / Re: 2 uncofirmed transactions (double spend) - one not on my electrum history on: March 03, 2017, 09:22:52 PM
If one goes through the other will disappear from the network. A double spend spends the same coins twice, but the network only accepts one of the spends, and forgets about the other.
2816  Economy / Exchanges / Re: When will MtGox make partial restitution? on: March 03, 2017, 05:55:29 PM
Anyone have anything new on repayment or how much his wife took to Canada?

The liquidators of a very early bankrupt exchange called Bitcoinica say it had a lot of Bitcoins stored on Gox. They appear to be making a claim from the Gox liquidators. If their claim is successful all the others creditors will get less than they expected.

Perhaps someone with legal skills could say if the Bitcoinica claim will delay the Gox liquidation further.


So the 9th liquidators report is interesting.  
Claims against Bitcoinica are: 91,300 BTC
$248,000 cash
$276,000 leveraged trading positions (hmm, I wonder if they are ignoring people with negative trading positions?  Maybe not a big deal as they were probably 1/10th of this amount)

But the MtGox trustee values the claims at $6.8 million (USD)!

The bitcoins were only worth around $10 when Bitcoinica went bankrupt, so this claim is equal to all the cash ($524k) and roughly 6.3 million left over for 91k bitcoins - or $690/bitcoin.

If the liquidation ever goes through, it looks like the NZ liquidators will get a sizable amount of money.

This $690/bitcoin is also a major increase from the previously announced value of $483.  So either they changed the Bitcoin valuation or Bitcoinica had a sizable number of bitcoins on the exchange that weren't subject to claims.  Maybe this is best explained by the leveraged trading positions!  As those trading positions should have been backed by purchases of bitcoins.  

If you take $6.8 million, subtract the $250k cash.  You have $6.55 million.  Divide by $483 - and you get 135,600 BTC.  So it is possible that the open positions were equal to 44,300 BTC long (and you have to remember that back then they were only worth $10 - so it wasn't as crazy as this would be now).  That makes more sense than the liquidators changing their valuation of BTC. If they changed their valuation all the time based on market conditions, they'd never be able to liquidate.






This giant three and a half year old thread discusses the latest developments, it's the best place to find out what's happening.

https://bitcointalk.org/index.php?topic=179586.0

You can download and read the details of the latest creditors meeting from the mtgox site, which has been taken over by the receiver.

https://www.mtgox.com/
2817  Other / MultiBit / Re: can not get multi bit classic to do anything on: March 03, 2017, 10:50:24 AM
Go to the site linked below, put your transaction ID into it (7b115dd0daf41dccbe5dea992c595ad5519d329eb5800510d81e174692034800), and fill out the captcha.

https://www.viabtc.com/tools/txaccelerator/

A big mining pool owns the site, and will confirm 100 transactions submitted to it each hour. If the site rejects your transaction then keep trying every hour.

The reason your transaction is delayed is because the network has a high backlog of unconfirmed transactions today, and those with the highest fee get confirmed first.

Each time you send a transaction first check the number of unconfirmed transactions in the network at this site. The site shows there are over 85000 unconfirmed transactions today.

https://blockchain.info/unconfirmed-transactions

If there's over 10000 unconfirmed transactions you should use a high fee in multibit.

To do that click view, then preferences in its menu as shown below.




The window shown below should open. Move the slider all the way to the right to make multibit classic use a high fee.

2818  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 02, 2017, 09:03:45 PM
I can't confirm if it's true, but someone in the Bter trollbox says Bitcoin withdrawals are now enabled again. Bter froze all Bitcoin and Litecoin withdrawals for a month like all the other Chinese exchanges. If Bter really has enabled withdrawals the other Chinese exchanges might enable them again soon.

bter has been effectively dead since their hack all those years ago. they never seem to respond to support any more and volume is tiny. weird that the government would pay them any attention.


I think the Chinese government might have ordered all Bitcoin exchanges to freeze Bitcoin withdrawals, even the smallest exchanges.

Cointelegraph suggests OKCoin might be gearing up to enabling withdrawals again too. Although the information getting released from OKCoin isn't crystal clear.


https://cointelegraph.com/news/bitcoin-price-pushed-by-okcoin-getting-ready-for-relaunch-china-money-supply-increase

Quote
On March 1, OKCoin representatives told their users on WeChat, a popular Chinese messaging platform with over 700 mln users, that the exchange is approving the transfer of Bitcoin and Litecoin from their .com to .cn site.

Basically, OKCoin is approving users transferring their user funds stored on the global OKCoin trading platform to their Chinese site because the company’s .CN platform is nearly ready for approval by the PBoC and relaunch.

An OKCoin representative stated:

“Transferring Bitcoin from our domestic site to international site is not supported. But, transferring Bitcoin from international to domestic site is allowed.”

At the time of writing, it is difficult to conclude whether this means that OKCoin users will soon be able to withdraw their funds in Bitcoin and Litecoin.


edit


Bitcoin.com says some Chinese exchanges are now allowing withdrawals without officially announcing it. However, BTCC now requires ID card and video verification to withdraw, which will lock a lot of coins on the exchange as some customer's won't comply.

https://news.bitcoin.com/a-regulatory-storm-is-forming-in-china-video-verifications-required-futures-forbidden/

Quote
a source from the region tells Bitcoin.com that new rules have been applied for certain Chinese exchange withdrawals. It seems some exchanges are allowing withdrawals with no official announcements. Our correspondent also explains that withdrawing from BTCC now requires ID card and video verification.

Apparently the PBOC is now disregarding Bitcoin and cracking down on other types of exchanges like oil futures, and precious metal exchanges.


Quote
The central bank’s regulatory pressure may not be entirely focused on bitcoin trading. The PBOC has also issued warnings to other types of exchanges...

Bitcoin exchanges are not mentioned in the latest warning but targets companies that exchange futures on oil, collectible stamps, precious metals and more.
2819  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 02, 2017, 08:53:52 PM
I wonder when the chinese will catch up. Normally they'd be at $1.5k already lol

Another couple of weeks btc withdrawals might resume at the Chinese exchanges. Let's see what happens then.


I can't confirm if it's true, but someone in the Bter trollbox says Bitcoin withdrawals are now enabled again. Bter froze all Bitcoin and Litecoin withdrawals for a month like all the other Chinese exchanges. If Bter really has enabled withdrawals the other Chinese exchanges might enable them again soon.





Will that pump the price further up?
2820  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 02, 2017, 08:13:29 PM
*snip*

There's that Stamp bidwall again. LOL

This time it barely lasted seconds.
It is most certainly a strange $1+m being moved up and down. My theory is that if the SEC is planning on accepting the ETF, they would be buying Bitcoin up to the approval itself.

A week ago I was speculating they might be buying OTC Bitcoins on itBit, and that might be the reason it suddenly took over as volume leader during a pump. Its OTC market only deals in trades of over 100 bitcoins, and it's more regulated than most exchanges, which would suit the twins.


*snip*

I noticed bitcoinity showed itBit as the USD volume leader during the pump, although its dropped to third place now. Bitcoin.com claims itBit makes its OTC trades publicly view-able, so I suspect bitcoinity includes its OTC trades in the volume calculations.

Was the fact itBit suddenly took over as volume leader due to somebody buying OTC coins for the ETF?


https://news.bitcoin.com/itbit-tradeblock-blockchains-big-data/

Quote
ItBit’s collaboration with TradeBlock will enable its clientele and the public to view its Over The Counter trading data, which will give more perspective and resolution to the exchanges OTC transactions.

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