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

[nioc]

Recently Coinbase has been engaging in various promotionals to lower fees and increase their volume, so it should be no secret NOR conspiracy that their volume would likely increase, in part, because of their promotional efforts.

Kids say the darnedest things.



^ https://cryptowat.ch/coinbase/btcusd/4h

Thx, didn't know cryptowat.ch showed volume for coinbase. Bitcoinwisdom don't.

I preffer this one https://tradeblock.com/markets/krkn/xbt-eur/1w/

Thx,

I use it to check blocks, but it seems to fire up the fan on my laptop.

There is also bitcoinity..... https://bitcoinity.org/markets/coinbase/USD

No idea why volume for CB has always been disabled on BW

Looks like their "promotion" is over

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[JimboToronto]

Gotta love how the intimidation wall at Coinbase keeps being moved up as the price creeps up.

 

[BlindMayorBitcorn]

I have Assburgers!

OMG, what's going on with your shitcoin?!

Any news?
This 20% price decreasing/day is brutal.

Lol, I hadn't noticed he headed the thing!

Cheating tofu-eating-hippies out of their money. Pure evil.

smh

[JimboToronto]

... tofu-eating-hippies...

Hippies eat tofu?

I thought most of us hippies preferred well-marbled steaks.

Toadfood... yuck.

[billyjoeallen]

on BFX:

~ 3 million coins margin long. That's ~20% of all coins in existence! Anybody rich could crash this market. I'm paying 0.5% interest every 100 days, there are so many coins available for shorting. All I have to do is wait.


So what's going to happen first, the Fed raising rates and crushing all dollar denominated assets or full blocks causing a fee spike and a network slowdown?





 

[gotmilk_]

KRAKEN is out of margin funds for long positions! 

https://www.reddit.com/r/BitcoinMarkets/comments/3wqmoz/daily_discussion_monday_december_14_2015/cxys9au

[Fatman3001]

... tofu-eating-hippies...

Hippies eat tofu?

I thought most of us hippies preferred well-marbled steaks.

Toadfood... yuck.

I'm thinking of the "Whale Wars" type. They've got scurvy before they enlist.

[Pruden]

KRAKEN is out of margin funds for long positions! 

https://www.reddit.com/r/BitcoinMarkets/comments/3wqmoz/daily_discussion_monday_december_14_2015/cxys9au

When margin was started they said they would allocate 500k$ to margin funding. Unless that has been increased a lot, it's really no big deal.

[peonminer]

I have Assburgers!

OMG, what's going on with your shitcoin?!

Any news?
This 20% price decreasing/day is brutal.

Lol, I hadn't noticed he headed the thing!

Cheating tofu-eating-hippies out of their money. Pure evil.

I was not the creator of the crypto, I help the community organize bounties and community efforts to give use to the crypto. Before I began the help of organizing the community, it was rather dull. Again, no one is forcing you to hodl, or buy. Kindly park the FUD at the door. Otherwise, feel free to stake, and use Sprouts to buy Sampey's trading bot, or feel free to use them at the DICE site. In fact, feel free to grab some from the multiple faucets that pay out daily. When PayServices has the official launch, you will be able to convert Sprouts into 50+ cryptos, 100+ National Fiats, and 20+ community currencies.


Back on topic,

I can smell the bear sweat dripping from the Wall Observer thread.

[Pruden]

on BFX:

~ 3 million coins margin long. That's ~20% of all coins in existence! Anybody rich could crash this market. I'm paying 0.5% interest every 100 days, there are so many coins available for shorting. All I have to do is wait.


So what's going to happen first, the Fed raising rates and crushing all dollar denominated assets or full blocks causing a fee spike and a network slowdown?





 

Go to Cryptofacilities.com, contracts trade at a ~60%/year premium, so you earn interest for shorting.

Also, where do you see 20% of coins long? Total swaps are 25M$, that's less than .5%.

[gotmilk_]

KRAKEN is out of margin funds for long positions! 

https://www.reddit.com/r/BitcoinMarkets/comments/3wqmoz/daily_discussion_monday_december_14_2015/cxys9au

When margin was started they said they would allocate 500k$ to margin funding. Unless that has been increased a lot, it's really no big deal.

Agree that 500k$ isn't a big deal, but it will take time to push the price up more. Also bears will try to call those positions.

[Fatman3001]

I have Assburgers!

OMG, what's going on with your shitcoin?!

Any news?
This 20% price decreasing/day is brutal.

Lol, I hadn't noticed he headed the thing!

Cheating tofu-eating-hippies out of their money. Pure evil.

I was not the creator of the crypto, I help the community organize bounties and community efforts to give use to the crypto. Before I began the help of organizing the community, it was rather dull. Again, no one is forcing you to hodl, or buy. Kindly park the FUD at the door. Otherwise, feel free to stake, and use Sprouts to buy Sampey's trading bot, or feel free to use them at the DICE site. In fact, feel free to grab some from the multiple faucets that pay out daily. When PayServices has the official launch, you will be able to convert Sprouts into 50+ cryptos, 100+ National Fiats, and 20+ community currencies.

No FUD, this will not affect BTC. You are a colourful character, that's for sure.

[billyjoeallen]

on BFX:

~ 3 million coins margin long. That's ~20% of all coins in existence! Anybody rich could crash this market. I'm paying 0.5% interest every 100 days, there are so many coins available for shorting. All I have to do is wait.


So what's going to happen first, the Fed raising rates and crushing all dollar denominated assets or full blocks causing a fee spike and a network slowdown?

Go to Cryptofacilities.com, contracts trade at a ~60%/year premium, so you earn interest for shorting.

Also, where do you see 20% of coins long? Total swaps are 25M$, that's less than .5%.

Yeah, I screwed up.  it;s about 57,000 coins. Thanks for catching that.

This is what is called a low volume melt up.  $2 million in margin longs opened in the last 24 hours so more than the entire 1.6% rise has been caused by leveraged trading.  

according to the order book, it will take ~ $5 million more to get to $500. it's take between $2-3 million on stamp just to get up to last Friday's high.

We're at almost 3X the $162 low in August. It's hard to imagine a sustainable rise without one or more serious tests of support.

[PlanetOfBets]

In the last 10 mins, there were arb opps spanning 14 exchange pair(s), yielding profits ranging between $0.00 and $716.76

[Elwar]

In the last 10 mins, there were arb opps spanning 14 exchange pair(s), yielding profits ranging between $0.00 and $716.76

I took advantage of the $0.00 arb.

[ChartBuddy]

Coin



Explanation

[spooderman]

finally, someone put a wall on finex.

(sorry for off topic)

[gotmilk_]

finally, someone put a wall on finex.

(sorry for off topic)

I think bears are preparing a push down. To many longs...

[dropt]

finally, someone put a wall on finex.

(sorry for off topic)

I think bears are preparing a push down. To many longs...

I think a lot of those longs are fake to entice, along with the ask walls, traders to take short positions.

Psychological games have been playing out for some time now.

[JimboToronto]

finally, someone put a wall on finex.

(sorry for off topic)

Meanwhile, the intimidation wall at Coinbase was cut in half. Same coins?