Huobi now has 2800 in bids down to 3600 CNY

Over 4000 asks were also added near 3700.... but obviously that is not close to spread. May be fake.

Just following Huobi, IMO. These huge bid walls keep holding the price up, but that doesn't mean anyone is market buying. Price is staying sideways, so asks fill up on the Western exchanges.

Ah, thank you! I thought I had read through the whole post, but I must have missed that.

Please enroll me!

Username: ShameOnYou

Posts: 241

BTC: 1BKqj73gw9bGRuSUBSE7bB3sPxpXNUZmLH

Question for the OP: By my calculation, I will become a Sr Member in less than a week -- on August 5th. Would I be paid as a Full Member or a Sr Member? Or some combination?

Thanks!

Username: MsLovejoy

thanks. 

tk808:

1) See original post above
2) Current Post count: 238
3) Current Activity: 236
4) See SRCC address above

Thanks.

I'd say as far as wiring money into an exchange, Bitstamp or Bitfinex. I think they are both fairly quick about crediting wires -- within a few days. There is also Localbitcoins.com. The problem there is dealing with trusted sellers = paying a premium over exchange price. So that is something to consider. I'm not sure what the best options are for cashing bitcoin out in NZ -- if there is a market in your area for in-person cash trades on LocalBitcoins, that is usually best (no fees, no 3rd parties). But I don't see why you couldn't cash out on Bitstamp or Bitfinex. Good luck.


Isn't Coinbase only available to US residents? Unless things have changed, that was my impression.

Volume on that drop wasn't even very impressive (at least looking at Huobi....that's where I pay the most attention). But if you look at momentum, like 1hr RSI, straight down to hell. It worries me not to see much fight on the way down, so even low volume dumps look more significant than they might really be (at least from a volume-weighted perspective).

Did you see the other Coindesk news? http://www.coindesk.com/ecuador-bans-bitcoin-legislative-vote/


I know Ecuador isn't a particularly influential place on the rest of the world, but it's not the most bullish news in the world. Yeah, yeah, anti-fragile and all that.

Wow, I almost spit out my beer. That sounds atrocious. I don't know how some people do it. No offense or anything. Probably got a stomach of steel or something.

Anyway, as to the topic, I love a good brie spread with crackers and fruit.

This is exactly why I don't day trade. I just don't see a risk/reward that seems worth it to play $5, $10 moves. If BTC falls a lot, I buy. If it rises a lot, I sell. Generally, this has done me pretty well....

Here is the transaction:
https://blockchain.info/tx/ae082e9d47be8b8cfaee90a1a50fd64d22e6c37d063302b1b4cc50c9da084ec5

Strange, I hadn't thought to check other transactions in the block. I also noticed the unconfirmed inputs had already been spent and confirmed with 93 confirmations. Kind of confused.

Thanks for the answer, ncsupanda. That's sort of what I expected. This has just never happened to me before.


This block was timestamped 13 hours ago, and there have been 88 blocks found since. I suspect it won't be confirmed....

Hey all, still a bit of a newbie with the technical stuff. I made a bitcoin payment last night, about 12 hours ago, and to my surprise when I opened my wallet this morning, the tx showed as unconfirmed, even though I sent a miner's fee (default through blockchain.info). Anyway, when I look at the tx, it was relayed in this block -- https://blockchain.info/block-index/448701 -- which was orphaned.

Does this mean this tx will eventually fail and the original inputs spendable again?

Totally. This thread is a case in point.

People can balk all they want at philosophy, but even on a personal level, I found that approaching existential questions with an open mind really helped me grow as a person, and helped to put things in perspective. Science offers little in the way of answers -- remember when scientists thought the Earth was flat? And when Newtonian physics was gospel? -- so the questions are worth asking.

But you need a day job.

Not so different than late 2013. New coins were being churned out then, very little innovation. Pump and dumps everywhere. People expect history to repeat, and then it does. Everybody trying to catch that pump....

Change addresses are a different thing. Generally you will get change back to one of the input addresses in the transaction. It wouldn't make sense to generate a new address for change, since the public key would then be exposed anyway.

Faucets pay very little. I do not recommend wasting time on them if you are serious about earning bitcoin. Also, cloud mining is by and large unprofitable. Your best bet if holding mining contracts is to pawn them off on someone more gullible....

Once an address has been used, the public key is exposed. It is most secure to use newly generated addresses for subsequent transactions. So this is done by default when you are shown your default bitcoin address.

What's the big deal around the bitcoin foundation? It's irrelevant to me. It would probably be irrelevant to the rest of you if you'd just stop paying it any mind! Meanwhile, bitcoin keeps on keeping on....