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Wow this thread still exists? I was here in the good old days of $5 and $10.
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Well, someone wants to hold under 300.. What's with all the walls everywhere?
Or they know a breakout results in their asks being eaten in full, so walls at critical values are logical.. Not everything is a conspiracy  |
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Maybe it's in reference to the "Banks are Pigs" title in the economic section. Haha
No there is a saying "Bull and Bears make money, pigs get slaughtered". Ie the foolish masses. Of course OP is basically a bear. |
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Tastes like a breakout is coming.
We'll who is buying the 7k wall @300 on bitstamp? I left my last 2 million in my other pants. |
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Wow, how is the finex price 7 dollar higher than stamp. Never seen it being higher than 2$ before . 7$ is a big opportunity for arbitraging
Because someone has plunked a 7k wall up to $300 on stamp. Whoever it is is not a sophisticated trader or he would have walls on multiple exchanges. losing $5/coin selling on Stamp is costing him at least $35,000 for that wall. only makes sense if that 1 person(s) are trying to buy all the coins on finex/china and just using stamp to keep the price under 300$ knowing that they have the lowest volume and it takes 24hr to wire money onto the site. I think it's within the realm of possibility just examining the orderbook and how staggered the walls are at 296$+ on stamp. But thats easily a many many million dollar operation. If someone wanted to buy millions of coins cheaply, they couldve just entered the auction themselves/ also stamp hasnt broken $294 so none of those walls have been touched. Ya or its a way to spring the market. If he suddenly pulled the wall we'd go over 300 easily. |
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Wow, how is the finex price 7 dollar higher than stamp. Never seen it being higher than 2$ before . 7$ is a big opportunity for arbitraging
Because someone has plunked a 7k wall up to $300 on stamp. Whoever it is is not a sophisticated trader or he would have walls on multiple exchanges. losing $5/coin selling on Stamp is costing him at least $35,000 for that wall. Who knows. Maybe a whale trader knows no one on Stamp has that kind of one-off buying power and wanted to slow the choo choo train? |
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Wow, how is the finex price 7 dollar higher than stamp. Never seen it being higher than 2$ before . 7$ is a big opportunity for arbitraging
Because someone has plunked a 7k wall up to $300 on stamp. |
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bitfinex
only 2600 BTC to go.. it was 5000 one hour ago
Stamp with a 7k wall at 300....... |
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Nice move up, but the volume is slightly suspect
Yeah the move is huge relative to the volume. |
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Breakout??? ;P  |
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lol @ trading bitcoin. OUt of the total blue...........
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A chart says more than thousand words:
Imagine instead of being a troll-bear you bought bitcoins in 2011 when you joined this site. |
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You will need an API to attract anyone seriously interested in seeding your markets. As a whole, the site looks great to me. If you can get some liquidity US players will come, they miss Matchbook.
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CHinese futures markets getting frothy.
It's more like a gambling market. But we can't say futures is bad. Same pattern as last weekend. SOmeone dropped a few megas on 796 out of the blue and we steamed from $220 -> $260. |
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CHinese futures markets getting frothy.
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This seems like a classic front run of Monday morning "good news". Even btce @ parity with Stamp, panic buy mode activated.
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The USD futures markets in China are steaming.
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