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

[grappa_barricata]

bitfinex API works (both public & private), but trading stopped 10 minutes ago... maybe their trading engine was stopped for maintenance or maybe DAFAQ IS GOING ON COME BACK ONLINE RIGHT NOW!!!

[1714277280]

1714277280

[1714277280]

1714277280

[1714277280]

1714277280

[kryptopojken]

bitfinex API works (both public & private), but trading stopped 10 minutes ago... maybe their trading engine was stopped for maintenance or maybe DAFAQ IS GOING ON COME BACK ONLINE RIGHT NOW!!!

It's weird cuz I see the price change when I update the bitfinex page. But nothing in API

[findftp]

bitfinex API works (both public & private), but trading stopped 10 minutes ago... maybe their trading engine was stopped for maintenance or maybe DAFAQ IS GOING ON COME BACK ONLINE RIGHT NOW!!!

It's weird cuz I see the price change when I update the bitfinex page. But nothing in API

Come on people

WHERE IS THE PANIC!?!?!1

[kryptopojken]

bitfinex API works (both public & private), but trading stopped 10 minutes ago... maybe their trading engine was stopped for maintenance or maybe DAFAQ IS GOING ON COME BACK ONLINE RIGHT NOW!!!

It's weird cuz I see the price change when I update the bitfinex page. But nothing in API

Come on people

WHERE IS THE PANIC!?!?!1

API back on lol

[ejinte]

Last opportunity to go short at 290

And you were wrong. I almost listened.  

[ejinte]

Can someone launch a speculative cypher of how much money has bitstamp done in his history and in a standard month?

Jorge?

[findftp]

Last opportunity to go short at 290

And you were wrong. I almost listened.  

You should have read what I wrote after that.
You can also find messages from 2013 from my account, doesn't mean I still agree with those.

Here, to make it easy for you

I would say the dumping can start any minute now.
Do you agree Tzupi? (because yesterday I thought this as well and was proven wrong by you )

You are going to be wrong, again.

Yes, you were right.
New insight, we've had the bottom.  Luckily I could exit positions without loss.
Took some long instead.


 

You see? first message 10.22, next message 16.49, glad you listened.

[Fatman3001]

i call 300 before friday

I kinda have that feeling too. Dont see a dump after goxstamp reopens

Prepare for the pump, here it comes

Could reach 294$ in 2 hours, but IMO that will be a local top.

You mean that's what you want to happen?

I love it when people treat their own wants and wishes like serious and considered predictions.

[criptix]

Can someone launch a speculative cypher of how much money has bitstamp done in his history and in a standard month?

Jorge?

There is a thread in service discussion about it.
If you assume 10k btc volume per day it would be around 14.5 k btc from fees. But they will also have expenses over the year..

[Cassius]

Can someone launch a speculative cypher of how much money has bitstamp done in his history and in a standard month?

Jorge?

There is a thread in service discussion about it.
If you assume 10k btc volume per day it would be around 14.5 k btc from fees. But they will also have expenses over the year..

They also had VC funding, right? So probably insurance too.

[criptix]

Can someone launch a speculative cypher of how much money has bitstamp done in his history and in a standard month?

Hi

Jorge?

There is a thread in service discussion about it.
If you assume 10k btc volume per day it would be around 14.5 k btc from fees. But they will also have expenses over the year..

They also had VC funding, right? So probably insurance too.

Yeah 10 million from pantera in 2013.
Any1 knows what they did with the money?

[kodtycoon]

Can someone launch a speculative cypher of how much money has bitstamp done in his history and in a standard month?

Hi

Jorge?

There is a thread in service discussion about it.
If you assume 10k btc volume per day it would be around 14.5 k btc from fees. But they will also have expenses over the year..

They also had VC funding, right? So probably insurance too.

Yeah 10 million from pantera in 2013.
Any1 knows what they did with the money?

hookers and blo.. what anyone would do with that amount of money..

[JorgeStolfi]

Can someone launch a speculative cypher of how much money has bitstamp done in his history and in a standard month?

Jorge?

Um, eyeballing the charts, it seems that they had ~90 kBTC/week of trade volume since Nov/2013; about 60 weeks.  Guessing an average price of 600 $/BTC, that would be 3.2 billion $ of total trades in that period. If they charge 1% trading fees (guessing; what is the right number?), that would be 32 million $ of revenue in that period, or almost 30 million $/year.

That explains why they got the 10 M $ investment.  (It does not explain why they would need such investment.)

But their revenue is falling, now about 60 kBTC/week at less than 300 $/BTC.  That is ~80 M$/month of trade volume, 800'000 $/month of revenue from 1% fees

However, we do not know whether they charge the same fee from all customers.  If their moms trade at Bitstamp, maybe they are exempt from fees. 

[ejinte]

Last opportunity to go short at 290

And you were wrong. I almost listened.  

You should have read what I wrote after that.
You can also find messages from 2013 from my account, doesn't mean I still agree with those.

Here, to make it easy for you

I would say the dumping can start any minute now.
Do you agree Tzupi? (because yesterday I thought this as well and was proven wrong by you )

You are going to be wrong, again.

Yes, you were right.
New insight, we've had the bottom.  Luckily I could exit positions without loss.
Took some long instead.


 

You see? first message 10.22, next message 16.49, glad you listened.

Ok cool

[Warren Buffert]

There is no way Bitstamp is able to covering loose of $5 million dollar! If VC funding as you say, then no VC going to burn money into such a hopeless business!

Please do the needful... don't be a stupid. withdrawal your asset from bitcoin exchange as soon as is possible!

[criptix]

Can someone launch a speculative cypher of how much money has bitstamp done in his history and in a standard month?

Jorge?

Um, eyeballing the charts, it seems that they had ~90 kBTC/week of trade volume since Nov/2013; about 60 weeks.  Guessing an average price of 600 $/BTC, that would be 3.2 billion $ of total trades in that period. If they charge 1% trading fees (guessing; what is the right number?), that would be 32 million $ of revenue in that period, or almost 30 million $/year.

That explains why they got the 10 M $ investment.  (It does not explain why they would need such investment.)

But their revenue is falling, now about 60 kBTC/week at less than 300 $/BTC.  That is ~80 M$/month of trade volume, 800'000 $/month of revenue from 1% fees

However, we do not know whether they charge the same fee from all customers.  If their moms trade at Bitstamp, maybe they are exempt from fees. 

Do you have infos if stamp is deducting the fees in btc or fiat?
I would tend to say fiat but it would be not too far off if they atleast hold a part in btc?

[inca]

There is no way Bitstamp is able to covering loose of $5 million dollar! If VC funding as you say, then no VC going to burn money into such a hopeless business!

Please do the needful... don't be a stupid. withdrawal your asset from bitcoin exchange as soon as is possible!

Ok lambtroll

[Jammalan the Prophet]

Can someone launch a speculative cypher of how much money has bitstamp done in his history and in a standard month?

Jorge?

Um, eyeballing the charts, it seems that they had ~90 kBTC/week of trade volume since Nov/2013; about 60 weeks.  Guessing an average price of 600 $/BTC, that would be 3.2 billion $ of total trades in that period. If they charge 1% trading fees (guessing; what is the right number?), that would be 32 million $ of revenue in that period, or almost 30 million $/year.

That explains why they got the 10 M $ investment.  (It does not explain why they would need such investment.)

But their revenue is falling, now about 60 kBTC/week at less than 300 $/BTC.  That is ~80 M$/month of trade volume, 800'000 $/month of revenue from 1% fees

However, we do not know whether they charge the same fee from all customers.  If their moms trade at Bitstamp, maybe they are exempt from fees.  

Kostenschema

Kosten %   30 dagen USD volume
0.50%   < $500
0.48%   < $1,000
0.46%   < $2,000
0.44%   < $4,000
0.42%   < $6,500
0.40%   < $10,000
0.38%   < $15,000
0.36%   < $20,000
0.34%   < $25,000
0.32%   < $37,500
0.30%   < $50,000
0.28%   < $62,500
0.26%   < $75,000
0.24%   < $100,000
0.22%   < $150,000
0.20%   > $150,000

http://webcache.googleusercontent.com/search?q=cache:l7tPiN5pEvEJ:https://de.bitstamp.net/fee_schedule/+&cd=1&hl=ro&ct=clnk&gl=ro

[inca]

Shorts on bfxdata up to 23900. Up up and away.

[JorgeStolfi]

Do you have infos if stamp is deducting the fees in btc or fiat?
I would tend to say fiat but it would be not too far off if they atleast hold a part in btc?

I have less information than anyone who trades there.  (Is the fee really 1%?)

It does not matter whether a payment (fee, purchase, deposit…) is in BTC or in dollars.  Its value is best measured in dollars, converting BTC at the current market rate.  How that amount is kept after the payment can be considered a separate decision by the person who received the amount.  

That is, if Autumn pays Brock in BTC,  and Brock keeps them as BTC for some time, it is the same as if Autumn had sold the BTC, given the dollars to Brock, and Brock has immediately bought back the BTC.