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Question: What happens next?
$7,500 - 36 (60%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21434083 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (129 posts by 23 users deleted.)
Jammalan the Prophet
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January 07, 2015, 07:11:22 PM

I am proud fiat baghodler on stamp since 480 levels and I dont feel any urgency to buy all the cheap coins once stamp opens its gates.

I have a bad feeling about this......


dont you worry for me. if bitstamp is done you will have bigger problems, like a crash to 100 $. Cheesy

I'm not talking about btc prices...
Hope you will get your fiat , just like I hope others will get their BTC.
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Torque
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January 07, 2015, 07:12:21 PM

If Nejc is running, I'll give him 1 year tops before he lies bloody and look stupid in his own bathroom.
Hopefully it won't happen and I can reclaim my bitcoins that I lost the coming years if bitcoin is to take off.

Mark is doing fine after losing way more.

Someone just needs to slip some arsenic into MK's daily frappuccino. Done.
elasticband
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January 07, 2015, 07:12:53 PM

Bitstamp doesn't matter it's just another exchange.

it's okay bitstamp can catch up  Grin
aclass
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January 07, 2015, 07:13:30 PM

UP UP and AWAY
Here goes 300... any shorts dead?
bobboooiie
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January 07, 2015, 07:13:37 PM

Microsoft did not save us from crashing down but hacker did !
dEBRUYNE
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January 07, 2015, 07:13:41 PM

>300$  Grin
Walsoraj
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January 07, 2015, 07:13:42 PM

http://coinorama.net/

Huge buys on BFX but USD on the order book remains relatively static. Weird. Dark pool buyer?
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January 07, 2015, 07:13:47 PM

I am proud fiat baghodler on stamp since 480 levels and I dont feel any urgency to buy all the cheap coins once stamp opens its gates.

If and when stamp opens its gates Im sure you are right there wont be a stampede (HA HA) by fiat holders like yourself to immediately buy cheap coins. Likewise all those with coin will not rush to sell, most will remove their coins to safety causing a run on their reserves. The net effect of this episode at stamp will be for all coin holders at all exchanges to leave no more on the exchange than absolutely necessary for trading. This may leave less net coins on exchanges for use in leveraged short positions, although I suspect that fractional reserve banking means the lent coins dont actually exist.

My thinking is that if I was holding fiat on Stamp, I may consider buying BTC as soon as they re-open, then withdraw them to safety asap. Fiat takes a long time to withdraw, and there will likely be a huge flood of people looking to get their fiat out of stamp. A coin withdrawal may be the fastest way out for those who lost faith in Stamp.

But really, who the fuck knows. We will see if they open Stamp back up in "24-48 hrs".

This rally above 300 suggests that traders are expecting some buying pressure. I would FUCKING HATE MY LIFE if I was heavily leveraged short via Stamp right now (thought I must admit I never used Stamp, so I have no idea how that would look/work).
dEBRUYNE
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January 07, 2015, 07:14:08 PM

http://coinorama.net/

Huge buys on BFX but USD on the order book remains relatively static. Weird. Dark pool buyer?

What about people closing their shorts?
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January 07, 2015, 07:14:28 PM

Stamp is done: once you lose client's confidence it is over. Probably will run away with the rest of the money once they realize this.

watch and learn
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January 07, 2015, 07:15:46 PM

If Nejc is running, I'll give him 1 year tops before he lies bloody and look stupid in his own bathroom.
Hopefully it won't happen and I can reclaim my bitcoins that I lost the coming years if bitcoin is to take off.

Mark is doing fine after losing way more.

Yeah, I don't know how... Maybe people still have faith in it. He'll probably be dead soon enough though.
People are investing alot into bitcoin, it's simply not gonna go unnoticed, believe that.

Mark refused to attend some meeting a while back citing fear for his personal safety as a reason for non-attendance. He's still alive but obviously lives each day in fear, which must be unpleasant no matter how much money he has.
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January 07, 2015, 07:16:45 PM

Why is Huobi still below 290 Huh
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January 07, 2015, 07:16:49 PM

If Nejc is running, I'll give him 1 year tops before he lies bloody and look stupid in his own bathroom.
Hopefully it won't happen and I can reclaim my bitcoins that I lost the coming years if bitcoin is to take off.

Mark is doing fine after losing way more.

He didn't lose btcs, he stole.
LFC_Bitcoin
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January 07, 2015, 07:17:10 PM

Where the trolls at?
celebreze32
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January 07, 2015, 07:17:33 PM

I am proud fiat baghodler on stamp since 480 levels and I dont feel any urgency to buy all the cheap coins once stamp opens its gates.

If and when stamp opens its gates Im sure you are right there wont be a stampede (HA HA) by fiat holders like yourself to immediately buy cheap coins. Likewise all those with coin will not rush to sell, most will remove their coins to safety causing a run on their reserves. The net effect of this episode at stamp will be for all coin holders at all exchanges to leave no more on the exchange than absolutely necessary for trading. This may leave less net coins on exchanges for use in leveraged short positions, although I suspect that fractional reserve banking means the lent coins dont actually exist.

My thinking is that if I was holding fiat on Stamp, I may consider buying BTC as soon as they re-open, then withdraw them to safety asap. Fiat takes a long time to withdraw, and there will likely be a huge flood of people looking to get their fiat out of stamp. A coin withdrawal may be the fastest way out for those who lost faith in Stamp.

But really, who the fuck knows. We will see if they open Stamp back up in "24-48 hrs".

This rally above 300 suggests that traders are expecting some buying pressure. I would FUCKING HATE MY LIFE if I was heavily leveraged short via Stamp right now (thought I must admit I never used Stamp, so I have no idea how that would look/work).

I don't think stamp does leverage.
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January 07, 2015, 07:17:51 PM

MOON
fallinglantern
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January 07, 2015, 07:18:48 PM

Where the trolls at?

The tulip bulb beanie babies are going fallllll to zero, better cut your loose!

Better?  Grin
SkyValeey
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January 07, 2015, 07:20:11 PM

Where the trolls at?

Here http://cryptodouble.com/
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January 07, 2015, 07:20:31 PM

I am proud fiat baghodler on stamp since 480 levels and I dont feel any urgency to buy all the cheap coins once stamp opens its gates.

If and when stamp opens its gates Im sure you are right there wont be a stampede (HA HA) by fiat holders like yourself to immediately buy cheap coins. Likewise all those with coin will not rush to sell, most will remove their coins to safety causing a run on their reserves. The net effect of this episode at stamp will be for all coin holders at all exchanges to leave no more on the exchange than absolutely necessary for trading. This may leave less net coins on exchanges for use in leveraged short positions, although I suspect that fractional reserve banking means the lent coins dont actually exist.

My thinking is that if I was holding fiat on Stamp, I may consider buying BTC as soon as they re-open, then withdraw them to safety asap. Fiat takes a long time to withdraw, and there will likely be a huge flood of people looking to get their fiat out of stamp. A coin withdrawal may be the fastest way out for those who lost faith in Stamp.

But really, who the fuck knows. We will see if they open Stamp back up in "24-48 hrs".

This rally above 300 suggests that traders are expecting some buying pressure. I would FUCKING HATE MY LIFE if I was heavily leveraged short via Stamp right now (thought I must admit I never used Stamp, so I have no idea how that would look/work).

I don't think stamp does leverage.

I was wondering about that. Like I said, I have never used Stamp, but it is my understanding that you could short via some weird 3rd party manner. Leverage or not, I would hate to be in a short position via Stamp and be locked out of the market watching us breach 300.

As an aside - what site/source do you fine gentlemen use to see the level of short positions currently open?
luckygenough56
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January 07, 2015, 07:21:24 PM

The crucial 300, suspens.
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