Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[adamstgBit]

 

[Le Happy Merchant]

go fuck a cow.

I've always wondered why this was illegal.

[molecular]

to answer an earlier question: the USD swap market on finex has not normalized.

Best offer is 0.73 %/day.

Seems to me someone's playing/owning that market.

[Parazyd]

Man I love bitcoin

+4037.88

[Spaceman_Spiff]

to answer an earlier question: the USD swap market on finex has not normalized.

Best offer is 0.73 %/day.

Seems to me someone's playing/owning that market.

0.04% now  

These high rates tend to get cancelled fairly quickly though. 

[flynn]

get me a BEEER !!!

1MxQX4MsF3N3oGpawfgM72K5vzEPeLjTyR

ok

http://www.brandchannel.com/images/home/home_img1_debeers.gif

[MatTheCat]

But if they were panic selling, the USD swaps would not have disappeared during the flash drop down

You mean the USD swaps (for leveraged longs) would return as traders exited their trades and repaid the USD swaps?

Perhaps 'that guy' is the Bitfinex guys themselves. If that were the case, then they would have the ability to 'influence' the swap rates to suit their own personal agenda. Not that like we haven
't had these strange 'bugs' on that site plenty times before.

I don't like that exchange at all. Said it before and will say it again. Bitfinex are a bunch of fucking crooks.

[molecular]

to answer an earlier question: the USD swap market on finex has not normalized.

Best offer is 0.73 %/day.

Seems to me someone's playing/owning that market.

0.04% now 

what the crap... now loads of offers below the previous best offer (0.73%) popped up. Flash rate offers are also back.

I think the dude just released his swaps.

Or: some bug on finex.

[Gingermod]

WHAT'S HABBENING

[Taras]

100 stamp BTC support at 638

edit, taken down

[adamstgBit]

WHAT'S HABBENING

nneed a beear?

[ShroomsKit]

what about this:     A predicted 1th june sell off to confirm the next great bubble?

http://www.reddit.com/r/BitcoinMarkets/comments/26pc0j/a_massive_sell_on_june_1st_will_signal_the/

What about it? Tons of people predicts tons of shit on tons of websites. You'll always find someone who was right.

[inca]

100 stamp BTC support at 638

Just need someone to do a 1500 coin market order on stamp to ruin the bear action

[Spaceman_Spiff]

to answer an earlier question: the USD swap market on finex has not normalized.

Best offer is 0.73 %/day.

Seems to me someone's playing/owning that market.

0.04% now 

what the crap... now loads of offers below the previous best offer (0.73%) popped up. Flash rate offers are also back.

I think the dude just released his swaps.

Or: some bug on finex.

I doubt it's a bug.  It's just volatile trading atm (and of course whales might always try to influence the markets by jumping up and down and making some waves that are predictable for them).

[seleme]

to answer an earlier question: the USD swap market on finex has not normalized.

Best offer is 0.73 %/day.

Seems to me someone's playing/owning that market.

That's not unusual at all in big moves periods. Someone is always owning that market in times like this one.

[joburgtaxi]

Guys

can you please tell me how you have your MA setup on the hour chart ?

thanks

[conspirosphere.tk]

Perhaps 'that guy' is the Bitfinex guys themselves.

yes. wonder why btc exchangers should not frontrun, insider trade, and commit any other sort of malfeasance and market manipulation.
I would be actually very surprised if they were not.

[Parazyd]

Good thing I got my Bitcoins out of Bitstamp earlier today... I'd be tempted to do stuff.

[BTCtrader71]

But if they were panic selling, the USD swaps would not have disappeared during the flash drop down

You mean the USD swaps (for leveraged longs) would return as traders exited their trades and repaid the USD swaps?

Yes. But more than that, the existing swaps would have had no reason to disappear. That should only happen if people are massively panic BUYing.

And yes, it could be the bfx people doing this, who knows? Or a bug in their system.

[seleme]

We better stay above 200 daily SMA. Or things won't look so good anymore.