EUR/USD$1.05!!! Parity inbound! All you Europeans, Yer-a-peein' on your currency. It's about time the stuck up ECB did something other than sit on their hands. Now it's the turn of the americans and chinese to buy our artificially under priced goods for a couple of decades. |
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Just look at the chart and wait until friday m8  I kept an eye on the latest Friday 13ths and the chinese don't give a f@#% |
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Bitcoin is full of crooks, and it's still going strong. |
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finex has massive buy pressure, but stamp and coin have sell pressure?
I don't understand:|
Someone is exploiting the low amount of fiat on those exchanges to keep the price down? Edit: not sure about coin though. |
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I heard there was a company that cooked its books in 1936. Stock Market is fucked.
I hear that for the first 6 out of 7 years of bitcoin's history there was only 1 exchange which for the first 4 years was the only exchange in existence for bitcoin and next couple years was by far the highest volume exchange which cooked it's books from pennies to $1200 in value per bitcoin then stole give or take 10% of the total "monetary supply" as soon as other exchanges were founded where they could sell these stolen funds. Bitcoin IS fucked. Thaaaaanks mtgox.  Is this guy for real or just someone I can put on ignore? |
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People are opening longs at 0.75% a day FFS! The entire USD Long end has been wiped...
Last time this happened, the price dropped 30% the 30 days following the spike. Obviously, this isn't reason to believe it will happen again in that same way, but it is a possible warning sign.
Is all the USD in long positions or simply reserved? Dont know.. probably reserved now that you mention it. Thought finex had started publishing whether they were just reserved or not. |
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What's the general consensus on the next move? Up Down Sideways  ?? Sidewaysish until exchanges get more fiat, then up. |
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all I can see are some frustrate bulls not being able to reach 320 and close their longs on some suckers.
I am cool.
all I can see are some frustated bears not being able to reach any closer to 200 and get some cheap coins on some suckers. I am cool well, we can still hit 360 and then go into 100 territory, so I wouldnt be so cocky if I were bull. and volume means shit. we all know that from china exchanges. you bullshave noticed that even china is following bitsatmp. any explanation?  You know the reason. The one I've been regurgitating over and over like a broken record*... all other things being equal, non leveraged non-zero fee volume has more impact than leveraged zero fee volume. Doesn't mean Finex or Chinese volume doesn't matter, obviously not. But it means, Finex matters despite OKC's or BTCChina's volume being higher by a factor of 2 or 3, and even Bitstamp matters, despite volume being 1/10 of the big Chinese exchanges. "Matters", for a brief moment, that is. Don't think it'll change the course, just delay the arrival a bit  * Yes, I like my metaphors mixed, not stirred  Yes, it's real simple. With zero fees bots can trade the same coins hundreds and thousands of times a day to extract fractions of a dollar each time. They make money and the volume is "real", but it says little about the amount of coins on the exchange. People just need to use their heads. |
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all I can see are some frustrate bulls not being able to reach 320 and close their longs on some suckers.
I am cool.
all I can see are some frustated bears not being able to reach any closer to 200 and get some cheap coins on some suckers. I am cool well, we can still hit 360 and then go into 100 territory, so I wouldnt be so cocky if I were bull. and volume means shit. we all know that from china exchanges. you bullshave noticed that even china is following bitsatmp. any explanation? Why are you here Tarmi? just out of interest? Are you here shorting and waiting for BTC to hit $100 and then $50 and then $0? He is mining, hodling, and being a douche. Annoying bitcoiners is like making teenagers depressed. Real easy. |
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Bitstamp has fallen to #10 in volume. Seems like bitstamp would buy that wall themselves and sell it later for profits and free up some volume to get some fees flowing in again.
They are about to be passed up by Kraken and local frickin bitcoins in volume lol.
What is a bit strange is that if you or I had bitcoins to sell on stamp we would move the wall higher to get a better price for our sale. That is move the wall up higher as the market lifted the other exchange prices. The persistent existence of lower prices on stamp suggests to me that there is no money on the exchange to arb the coins on sale there. There may be no genuine buyers or sellers left. If there's truly nothing wrong with stamp someone could make a little fortune on arbitrage if the other exchanges pull away. |
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soon.
Anyone who can decipher Yoda here? |
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Wouldn't want to be in charge of that bank. Just waiting for the first news story on how it funded the development of the villas of the bosses of PetroBras, Gazprom and PetroChina. |
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Peoples reluctance to keep cash on stamp seems to keep this train from flying off the rails.
right now stamp is nothing(check the volume stats) But it's almost 6000 to $300 on stamp and just 1360 on finex. So low volume on stamp means low price on stamp. And the price won't let there be more than $10-12 difference between the two for any length of time. Thats because there is hardly any fiat on Stamp. Its almost as if the market thinks that if they buy coins there and try and withdraw them en mass they may not exist, I wonder why the market might think that  Once bitten twice shy, people slowly learn their lessons and don't deal with exchanges that refuse to prove their reserves or even answer any questions about the state of their solvency. What you're saying sort of goes back to my original post. Bitstamp shouldn't be trailing BTC-E like it has been for much of the day. If the other exchanges leaves stamp behind and nobody dares to do arbitrage then I think we might see stamp implode. |
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I think stamp is dying..
Or maybe Europe is dying and Stamp is going down with it. Yes, the great land of Europia is dying. |
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Peoples reluctance to keep cash on stamp seems to keep this train from flying off the rails.
right now stamp is nothing(check the volume stats) But it's almost 6000 to $300 on stamp and just 1360 on finex. So low volume on stamp means low price on stamp. And the price won't let there be more than $10-12 difference between the two for any length of time. |
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Put in some low bids around 291. Who the hell knows if we see $300 or $290 next, in fact we could have both within the hour the way things are going.
lol, that's bitcoin for ya. |
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Peoples reluctance to keep cash on stamp seems to keep this train from flying off the rails.
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finex touched 300
finex punched a hole in that mofo |
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I might have missed a beat here but I don't see any trolls or bears, not even Tarmi. It's scary.
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