Someone notify the plunge protection team!!
why don't we just let them sleep in, ok?
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Stamp you better hodl and wall up! Holding a paperwallet here right now Under 800 and i'm cashing it. The bots on Stamp are doing their job......its the real investors on Stamp looking at Huobi who are cashing out....massive stretch of no mans land on Stamp between Ask/Bid....not so on other exchanges. How this plays out will depend on what Huobi does. That is the exchange to watch. totally. the action is fast over there this past few hours. edit, though if gox goes below 900 or so, it could become a cascade effect. (let's hope)
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800 on stamp Stamp wall looks weak
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880 on virtex
canadians are mother fucking hodlers!
no walls are left. stamp hitting a week long low? Time for this to TANK! Vrroom Vrroom MutherFuckers!
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WoW! such moves! much waterfall!
I wanna see this mother TANK!
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did that 800 wall just get moved to 790? or did it get eated?
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Thar she blows (was watching huobi) now just let this damn thing fall already
this is a slow and painful process Damn, you are right, big wall at 800 on btc-e damn you wall! we're coming through, VVMF TIME TO LET IT TANK - PULL ALL THE BIDS
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Thar she blows (was watching huobi) now just let this damn thing fall already
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so why is he desperately trying to patent a centralized version of bitcoin? I say desperately because he has been rejected by the patent office like 100 times Dimon is representative of everything that is wrong with the current system. the guy is a downright scumbag. If he were positive towards bitcoin, then I'd be worried.
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No. Your only job as a speculator is to get rich at everyone else's expense.
The free market is not zero sum. Both parties to a trade must feel that they are better off, otherwise, no trade will occur. I provide liquidity and if I provide it when it is most needed, I profit. I soak up excess liquidity, and if I do it when it is needed, I profit. I serve the market, and market participants like you. If I do my job well, I make money. If I do my job poorly, I lose money. If you want to get rich at everyone else's expense, I suggest you work in government. Nicely said. Both. I agree with billyjoeallen and that is how I normally trade, bids and asks set on either side trying to gobble up volatility. But I also agree with Walsoraj (there really is a first time for everything ) What I do and where I place my bets have nothing to do with the best interests of "the market". My "job" as a "speculator" is to look out for #1. full disclosure, I've just pulled my lower asks and I'm not risking any bitcoin below my lowest remaining ask from my previous tranche at 1194. My lower tranche begins at 808 (virtex) I don't know from walls, but I think the news from the new york decision http://www.coindesk.com/new-york-state-announces-bitcoin-hearings/ is going to move the market significantly. I don't have time to sit by and try to execute trades when the price is moving fast (usually get time-outs or whatever kind of shenanigans.) but those standing orders always get taken. Thank you both for intriguing me enough to actually try to put my feelings into words, it's not your fault I've likely failed.
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<snip>
no kidding, stupid Canadian Credit and Management Foundation has the Canadian exchange sitting at between 60 to 80 bucks above stamp for much too long.
Someone needs to show these bulls that this train can choo choo down too!
Someone? Anyone? Bueller?
thats cuz 1 CAD = 0.89USD if anything coins are one hell of a bargain price on virtex right now 1 CAD = 0.89USD !! ? holy cow, I really do spend too much time here.. I thought we were still around 1-1... Oh well. Doesn't matter. Canada doesn't need their own currency (we haven't really had our own currency ever since we stopped borrowing from the Bank of Canada and started borrowing from the private banksters anyways... not to mention we sold all our gold years ago...) We'll just continue whoring out our natural resources - but from now on, we only accept bitcoin! CHOO CHOO MOTHERFUCKERS!!!!!
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<snip> How many BTC do you own?
2 weeks ago i still owned lower 3 digits, i bought in @ around 150$ .I actually own not a single coin right now. You will call me the biggest fool, but i´m okay with that. It gives me some real good sleep at night. If it doesn´t get much lower i can live with it, i would go back in with 50% if there is enough momentum that the old ATH is about to be broken. But i´m, convinced that we´re goin way lower. China and Gox are just lurking in ambush. Also the price is obviously kept up on all of these exchanges, neither can i see a lot of bullish sentiment in the way traders behave. lower 3 digits is like 100,000 dollras or more... what exchange do you have that money at? if I may ask? I cashed out about 50%, the remaining fiat is 75% on Stamp and 25% on bitfinex. Sometimes i keep a bit on Btc-E but no significant amount and only very short term, due to the fact that they could easily go dark over night. I left Gox about 5 months ago btw, and never used it again. Thank you, I was thinking you might have been holding significant reserves on btc-e, and I would like to be able to trust that place, but I just can't... Your plan sounds perfectly sane, I was a little worried you might get caught if the market moves against you, but as long as you can get that 50% back in within a few days if it goes the wrong way, you should be just fine.
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T'is the time for that fekken train!!!!!!!!!!CCMF time!! LOL this is just excellent. Canadian Credit and Management Foundation @ gox right now. no kidding, stupid Canadian Credit and Management Foundation has the Canadian exchange sitting at between 60 to 80 bucks above stamp for much too long. Someone needs to show these bulls that this train can choo choo down too! Someone? Anyone? Bueller?
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<snip> How many BTC do you own?
2 weeks ago i still owned lower 3 digits, i bought in @ around 150$ .I actually own not a single coin right now. You will call me the biggest fool, but i´m okay with that. It gives me some real good sleep at night. If it doesn´t get much lower i can live with it, i would go back in with 50% if there is enough momentum that the old ATH is about to be broken. But i´m, convinced that we´re goin way lower. China and Gox are just lurking in ambush. Also the price is obviously kept up on all of these exchanges, neither can i see a lot of bullish sentiment in the way traders behave. lower 3 digits is like 100,000 dollras or more... what exchange do you have that money at? if I may ask?
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What is going on at gox? Is gox trying to lead a rally by itself? Or is this the usual trapped fiat eruption?
Whatever is going on, it is showing up Gox's USD IOUs to be totally worthless. Not good PR for them at all! After GOX pops, how bad do you think it will get as all the exchanges start to capitulate at once? you think we might see 500 again? May not happen at all. I think it is being priced in already. Price may actually go up with a resolution to this fiasco. What do you think about an exchange stuck in the middle? virtex is still sitting at 875.... so it looks like a really good deal right now... I would like the price to go down to meet the bitstamp and btc-e exchanges, but I'm afraid to let my bitcoins go until we hear the news from New York.
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Sorry I ain't been obzervin tha wallz, but more news from canada http://www.sherwoodparknews.com/2014/01/16/cryptocurrency-comes-to-parklooks like a lot of people want to sell you bitcoins right now... I wonder why? on the other hand, Canada has been pretty accepting to this point, so far... I do not expect any legislation in Canada regarding bitcoin until after the next election. It might even be the "hot-button topic" of the election... Can you imagine an election where you actually thought that your vote made a difference? Man, that would be cool.
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What is going on at gox? Is gox trying to lead a rally by itself? Or is this the usual trapped fiat eruption?
Whatever is going on, it is showing up Gox's USD IOUs to be totally worthless. Not good PR for them at all! After GOX pops, how bad do you think it will get as all the exchanges start to capitulate at once? you think we might see 500 again?
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Damn Gox - made two BTC withdrawals to my wallet today.
Just checked:
First one did not arrive, second has 107 confirmations....
Both show in Gox history, only one arrived.
It was emptying my BTC out - no sign of half. Ticket open of course, but just a warning to anyone (who didn't know already)
Be careful out there....?
That sucks. virtex has shitty fees on trades, but really cheap and fast withdrawls. The only problem they go straight to your bank account, so it's not only dirty fiat, it's dirty traceable fiat. I just came back from the best bitcoin exchange I've ever been in. It's just like local bitcoins, except it's a permanent store, you can just walk in and scan a code and they give you cash. 6.5% commission but better than those ATM's that do the palm scans...
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Buy some XRP or DIE
Okay, where can I buy some DIE? I know a certain developer/entrepreneur to whom I would like to provide a gift. epic
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Nothing, that channel of arbitrage works afaik. SEPA (I hear up to 5-6 weeks) and JPY (I hear up to 1-2 weeks) have some delays as well though. SWIFT on the other hand will never go through, as the queue dates back more than half a year and it's growing. Im in Canada, does this mean I am never getting my 2.5k out of gox I'm in Canada also, I briefly looked at Gox, but I could not see any reliable way to get fiat in or out. (as a miner, getting fiat out is a bit of a concern) luckily cavirtex opened soon after and now I can get fiat out in a couple days instead of a couple months...
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