adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 26, 2014, 12:45:46 AM |
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sung up to vaulte of satoshi or anxbtc |
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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bucktotal
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May 26, 2014, 12:55:14 AM |
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^^^ to the aboves...i was wall observing, but:
1) yes... illiquid market
2) yes cad
3) a) but $625 (CAD) on Vault of Satoshi (and little volume)? b) is anxbtc for canadians?
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hyphymikey
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May 26, 2014, 12:59:10 AM |
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I see someone borrowed a bunch of bitcoin on Bitfinex to hold the price in check until their funds clear.
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 26, 2014, 01:00:40 AM |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 26, 2014, 01:00:54 AM |
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^^^ to the aboves...i was wall observing, but:
1) yes... illiquid market
2) yes cad
3) a) but $625 (CAD) on Vault of Satoshi (and little volume)? b) is anxbtc for canadians?
i'm thinkin about sign up to all three and doing some arbitrage |
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MatTheCat
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May 26, 2014, 01:04:22 AM |
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I see someone borrowed a bunch of bitcoin on BFX to hold the price in check until their funds clear.
Do you think that a poxy 300 BTC wall is going to scare of the market from moving up if the market really wanted to move up? Would anyone? 3000 BTC, and then you might be talking. |
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AceWallen
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May 26, 2014, 01:05:20 AM |
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so is it time for that correction soon? i need to get in. money still wont be at bitstamp until tuesday, so im hoping nothing too crazy happens before then. one step at a time, bitcoin....
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wachtwoord
Legendary
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Activity: 2324
Merit: 1125
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May 26, 2014, 01:07:21 AM |
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so is it time for that correction soon? i need to get in. money still wont be at bitstamp until tuesday, so im hoping nothing too crazy happens before then. one step at a time, bitcoin....
If you would have stayed invested you wouldn't be in such a rush now. |
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AceWallen
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May 26, 2014, 01:08:53 AM |
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so is it time for that correction soon? i need to get in. money still wont be at bitstamp until tuesday, so im hoping nothing too crazy happens before then. one step at a time, bitcoin....
If you would have stayed invested you wouldn't be in such a rush now. when did i say that i sold anything? i was waiting for what looked like a reversal to send new money.... didnt think it would take off this quickly.... |
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MatTheCat
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May 26, 2014, 01:10:32 AM |
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so is it time for that correction soon? i need to get in. money still wont be at bitstamp until tuesday, so im hoping nothing too crazy happens before then. one step at a time, bitcoin....
Sending money to Bitstamp eh? Hope you can prove to them where you got it from? Got any tax returns, payslips, proof that your line of work is all above board? And what about the folks that had your money before you did? Proceeds of crime was it? What about health records, drugs tests, anal scans? |
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wachtwoord
Legendary
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Activity: 2324
Merit: 1125
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May 26, 2014, 01:11:36 AM |
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so is it time for that correction soon? i need to get in. money still wont be at bitstamp until tuesday, so im hoping nothing too crazy happens before then. one step at a time, bitcoin....
If you would have stayed invested you wouldn't be in such a rush now. when did i say that i sold anything? i was waiting for what looked like a reversal to send new money.... didnt think it would take off this quickly.... You had months ... |
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MatTheCat
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May 26, 2014, 01:11:40 AM |
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It is spread out.
If that is so, and it has appeared on Bitfinex (and routed through Stamp), then it probably is indeed fake. Bitfinex is the lord of fake walls....but then if they have capital to leverage up to a few 300 BTC Ask Walls, then they already have lots of capital on the exchange. |
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N12
Donator
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Activity: 1610
Merit: 1010
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May 26, 2014, 01:12:52 AM |
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Is anyone up to date on when 1. the first Bitcoin ETF and 2. the Secondmarket exchange (with daily fixed prices) are to come out? I would very much like to leave this clown exchange infrastructure that we still have behind.
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MatTheCat
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May 26, 2014, 01:16:25 AM |
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Is anyone up to date on when 1. the first Bitcoin ETF and 2. the Secondmarket exchange (with daily fixed prices) are to come out? I would very much like to leave this clown exchange infrastructure that we still have behind.
+1 All of these exchanges are fkn jokers. BTC-e and Bitfinex are crooked as fk. Bitstamp has just gone totally weird with their ott KYC procedures, and the rest are either too small and insignificant or Chinese (and who knows what shoddy bags of tricks lie behind the operation of the CNY exchanges) |
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hyphymikey
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May 26, 2014, 01:17:05 AM |
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It is spread out.
If that is so, and it has appeared on Bitfinex (and routed through Stamp), then it probably is indeed fake. Bitfinex is the lord of fake walls....but then if they have capital to leverage up to a few 300 BTC Ask Walls, then they already have lots of capital on the exchange. It's spread out to add to the ask depth to not bi obvious. Thought that would be common sense. You don't want to wall it up and cause a panic drop, you just don't want it climbing too much. If you sell off some of the btc oh well, its still better than letting another "whale" run away with the price. Little fish are scared of whales, whales are scared of bigger whales. And yes they have lots of capitol on the exchange, they have been buying it for a week now lol [6/10] |
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Syke
Legendary
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Activity: 3878
Merit: 1193
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May 26, 2014, 01:23:39 AM |
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I think I just had a seizure. |
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Syke
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Activity: 3878
Merit: 1193
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May 26, 2014, 01:27:57 AM |
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when did i say that i sold anything? i was waiting for what looked like a reversal to send new money.... didnt think it would take off this quickly....
You had months ... I'm with Ace. Don't leave bitcoin/fiat sitting on an exchange for months. You're just asking to get Goxxed. |
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wachtwoord
Legendary
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Activity: 2324
Merit: 1125
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May 26, 2014, 01:29:11 AM |
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when did i say that i sold anything? i was waiting for what looked like a reversal to send new money.... didnt think it would take off this quickly....
You had months ... I'm with Ace. Don't leave bitcoin/fiat sitting on an exchange for months. You're just asking to get Goxxed. No, you have had months to buy Bitcoin and withdraw them to your own wallet. |
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MatTheCat
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May 26, 2014, 01:29:19 AM |
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It's spread out to add to the ask depth to not bi obvious. Thought that would be common sense. You don't want to wall it up and cause a panic drop, you just don't want it climbing too much. If you sell off some of the btc oh well, its still better than letting another "whale" run away with the price.
Or it could be a trader anticipating that the top is either in or near and is looking to take a short position at best possible averaging price for the coming correction? tbh, the Ask side of the Wall on Bitfinex doesn't look any more inflated than the Bid side and since it is Bitfinex, we know that both sides of the wall are wildly inflated compared to the actual volume of trade that will be conducted on that exchange. If sentiment is bullish and you are fearing that whales are going to bid the price up b4 you can take a position, last thing you want to be doing is fattening up the Ask wall offering them more coins at cheaper prices, which they will gladly take. |
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YipYip
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May 26, 2014, 01:32:00 AM |
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when did i say that i sold anything? i was waiting for what looked like a reversal to send new money.... didnt think it would take off this quickly....
You had months ... I'm with Ace. Don't leave bitcoin/fiat sitting on an exchange for months. You're just asking to get Goxxed. No, you have had months to buy Bitcoin and withdraw them to your own wallet. Agreed the flash crash to 339 and then move back to a solid 420 base was not a signal that the reversal/capitulation was in..... or The end of teh chinese FUD having no or little effect... or where you waiting for the sub 300 prices that all of teh BEARS where spewing me thinks ? |
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