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

[inca]

Bitfinex

Explanation

Meanwhile, some serious bid walls have been built. Wonder if they all disappear if stamp doesn't go online in the next 4 hours or so...

Even with a large team of experienced developers, It's a lot of work to rebuild an entire financial system in under a week. But hey, they are the ones who gave their own ETA! This is going to be an interesting day. Coffee machines must be cranking hard at Bitstamp's office.

Yes, they should probably have bit the bullet and told straight away that this would take some time. People need to sleep, people make mistakes. It is sort of important that they've done it right when they are online again.

It is difficult to win with bear logic on here. Not opening instantly - they are insolvent, sell sell sell, now they are opening after a trivial delay - they cannot possibly be secure and safe in this timeframe, sell sell sell!

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[celebreze32]

Bitstamp's open

[Hunyadi]

Bitstamp is online. Trading will resume in one hour.

[diabLEEca]

So it's some progress, right?

[ssmc2]

1 hour, 20 minutes til showtime!

[Richy_T]

While we are waiting we can just listen to this

https://www.youtube.com/watch?v=YkADj0TPrJA

Nah.

https://www.youtube.com/watch?v=FsoIfkNQYEg

[alex0909]

From the news section :

MULTI-SIG * With the integration of BitGo multi-sig technology, Bitstamp is now the first and only major bitcoin exchange to incorporate the industry's best security practices available today.

COMPLETELY NEW HARDWARE INFRASTRUCTURE * The Bitstamp systems are running on 100% new hardware deployed from a completely secure backup of our code and data.

AMAZON WEB SERVICES * Bitstamp is now running on Amazon’s world-class AWS cloud infrastructure, architected to be one of the most secure and reliable cloud computing environments available.

COMMISSION-FREE TRADING * As a note of thanks to our loyal customers, all transactions conducted on Bitstamp through the end of the North American Bitcoin Conference -- January 17th (at 11:59pm UTC) -- will be commission-free.

[itod]

Bitstamp's open

Yes, I've logged in, and it really feels a bit more responsive than the old site. Too bad it costed 19,000 BTC to move.

[Stevenirving]

It is going to be insane when trading starts.
No commission?
Holy damn

[N12]

Multi-sig
* With the integration of BitGo multi-sig technology, Bitstamp is now the first and only major bitcoin exchange to incorporate the industry's best security practices available today.

This is good. I'm looking forward to learning about how this works. My suspicion is that it's only multisig on their side, which would be bullshitting.

Commission-free trading
* As a note of thanks to our loyal customers, all transactions conducted on Bitstamp through the end of the North American Bitcoin Conference -- January 17th (at 11:59pm UTC) -- will be commission-free.

This is bullshitting. With fees of up to 0.5%, to stay competitive, they need to cut them permanently.

[inca]

Exodus cancelled in t-60

[BitChick]

Bitstamp's open

Yes, I've logged in, and it really feels a bit more responsive than the old site. Too bad it costed 19,000 BTC to move.

At least they got some "free" press from all of this.  Hopefully that helps with the loss.  Also, I hope and pray this site is more secure.  A few days is not a very long time to make an entirely new site. 

[karolina]

Bitstamp pump!!

[600watt]

big middle finger to all them "you got stamped/this is gox all over again/they will run with your money" sayers

kudos to bitstamp.

well done.

[_javi_]

nice buys @ finex..
welcome back Stampy.  

[superresistant]

 
We are you bears and trolls ?

[crazy-pilot]

So, who actually did what they said they would when the price dropped below the 300$ mark, how many BTC did you buy? I'll start, I bought 15 at 290$. Why did you or did you not buy? And did you intend to buy before the price actually dropped, and why if so, did you change your mind?

I had the funds ready exactly for this purpose, as a long term investment. It was the amount of money I could "gamble/do without", so I will not sell those along with the rest of my Bitcoins in my long term wallet. I have a price in mind when I would sell.

I continue to buy and spend on a smaller basis, just because I love using Bitcoin and to show ease of use to people I know, i'm going on holiday next week to Asia and I am going to find places such as bars or grocery stores that accept Bitcoins just for the fun of paying with it. Never spend any Bitcoin in a physical store.

Very interested in your replies!

[tabnloz]

stamp now online with multisig.

https://www.bitstamp.net/article/bitstamp-is-open-for-business-better-than-ever/

[coins101]

3
2
1
Stampede

[podyx]

my reaction to stamp opening



When is trading resuming?