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

[billyjoeallen]

Anyone know what's the deal is with Coinbase?  Their price is running about $25 over bitstamp right now, which is by far the furthest I've seen them spread.  Usually they're pegged right within a dollar or two of stamp as that's where they do all their orders from (at least, that was the common assumption).  Very odd that they've been sitting between 695-700 while stamp hovers around 670-675.

Anyone know what's going on there?

Obviously its Americans who are buying the fuck out of bitcoin. Kinda pisses me off that this spread reaches it's peak when I want to be buying and when I pulled the last of my coins out of Gox, the spread was the other way so I lose the spread every fucking time. But make no mistake, it's supply and demand and the yanks are coming.

Coinbase account holders have access to our bank accounts and can buy all we want and we're obviously buying the hell out of this drop. Once again, we have to bail out Europe and the rest of the world. Getting to be a habit. You ungrateful bastards can still suck it when the dollar fails and we still get to keep world reserve currency status!

In Europe, we have an exchange, we have ATMs and there are several European countries with greater adoption per capita. Check sourceforge.

Once again, we have to bail out Europe and the rest of the world.

Once again???

From Nazis, Commies, etc.  Those crosses on the cliffs over Normandy aren't just landscaping.

[ChartBuddy]

Explanation

[Mythul]

Lets read some good news while the Goxtanic sinks: http://www.newsweek.com/newsweek-becomes-first-magazine-accept-bitcoin-pitches-228533

[isov]

Anyone know what's the deal is with Coinbase?  Their price is running about $25 over bitstamp right now, which is by far the furthest I've seen them spread.  Usually they're pegged right within a dollar or two of stamp as that's where they do all their orders from (at least, that was the common assumption).  Very odd that they've been sitting between 695-700 while stamp hovers around 670-675.

Anyone know what's going on there?

Obviously its Americans who are buying the fuck out of bitcoin. Kinda pisses me off that this spread reaches it's peak when I want to be buying and when I pulled the last of my coins out of Gox, the spread was the other way so I lose the spread every fucking time. But make no mistake, it's supply and demand and the yanks are coming.

Coinbase account holders have access to our bank accounts and can buy all we want and we're obviously buying the hell out of this drop. Once again, we have to bail out Europe and the rest of the world. Getting to be a habit. You ungrateful bastards can still suck it when the dollar fails and we still get to keep world reserve currency status!

In Europe, we have an exchange, we have ATMs and there are several European countries with greater adoption per capita. Check sourceforge.

Once again, we have to bail out Europe and the rest of the world.

Once again???

From Nazis, Commies, etc.  Those crosses on the cliffs over Normandy aren't just landscaping.

But ummm you kindalike are europeans if we think about history? It's just a matter of how long you wanna go. Or are you saying you we're in normandy?

[MANofthePEOPLE]

Will btcchina come back? Thought bank transfers would be in 7 february again but seems volume is still miniscule. Did the Chinese give up btc and only the bots and fake volume on huobi left? Feels like the only real exchange to follow right now is bitstamp

[Spaceman_Spiff]

Obviously its Americans who are buying the fuck out of bitcoin. Kinda pisses me off that this spread reaches it's peak when I want to be buying and when I pulled the last of my coins out of Gox, the spread was the other way so I lose the spread every fucking time. But make no mistake, it's supply and demand and the yanks are coming.

Coinbase account holders have access to our bank accounts and can buy all we want and we're obviously buying the hell out of this drop. Once again, we have to bail out Europe and the rest of the world. Getting to be a habit. You ungrateful bastards can still suck it when the dollar fails and we still get to keep world reserve currency status!

In Europe, we have an exchange, we have ATMs and there are several European countries with greater adoption per capita. Check sourceforge.

Once again, we have to bail out Europe and the rest of the world.

Once again???

From Nazis, Commies, etc.  Those crosses on the cliffs over Normandy aren't just landscaping.

But ummm you kindalike are europeans if we think about history? It's just a matter of how long you wanna go. Or are you saying you we're in normandy?

Your reasoning is too rational.  
The main thing to remember is that he is a hero, and the rest of us are shit.

[isov]

Obviously its Americans who are buying the fuck out of bitcoin. Kinda pisses me off that this spread reaches it's peak when I want to be buying and when I pulled the last of my coins out of Gox, the spread was the other way so I lose the spread every fucking time. But make no mistake, it's supply and demand and the yanks are coming.

Coinbase account holders have access to our bank accounts and can buy all we want and we're obviously buying the hell out of this drop. Once again, we have to bail out Europe and the rest of the world. Getting to be a habit. You ungrateful bastards can still suck it when the dollar fails and we still get to keep world reserve currency status!

In Europe, we have an exchange, we have ATMs and there are several European countries with greater adoption per capita. Check sourceforge.

Once again, we have to bail out Europe and the rest of the world.

Once again???

From Nazis, Commies, etc.  Those crosses on the cliffs over Normandy aren't just landscaping.

But ummm you kindalike are europeans if we think about history? It's just a matter of how long you wanna go. Or are you saying you we're in normandy?

Your reasoning is too rational.  
The main thing to remember is that he is a hero, and the rest of us are shit.

Have met quite a few americans on my time so yes I definitely understand how it is not saying this applies to every american but usually those stereotypes build on something.

[molecular]

Finally the solvent exchanges are successfully decoupling from Gox. Is it possible to have goxBTC at $300 and realBTC > $600 ??

Yeah, it's good to see the decoupling.

On the other hand, should gox reinstate BTC-withdrawals (assuming it's really technical problems and they will be solved), would the other markets follow the rally that would likely happen?

I hope so.

[billyjoeallen]

Obviously its Americans who are buying the fuck out of bitcoin. Kinda pisses me off that this spread reaches it's peak when I want to be buying and when I pulled the last of my coins out of Gox, the spread was the other way so I lose the spread every fucking time. But make no mistake, it's supply and demand and the yanks are coming.

Coinbase account holders have access to our bank accounts and can buy all we want and we're obviously buying the hell out of this drop. Once again, we have to bail out Europe and the rest of the world. Getting to be a habit. You ungrateful bastards can still suck it when the dollar fails and we still get to keep world reserve currency status!

In Europe, we have an exchange, we have ATMs and there are several European countries with greater adoption per capita. Check sourceforge.

Once again, we have to bail out Europe and the rest of the world.

Once again???

From Nazis, Commies, etc.  Those crosses on the cliffs over Normandy aren't just landscaping.

But ummm you kindalike are europeans if we think about history? It's just a matter of how long you wanna go. Or are you saying you we're in normandy?

Your reasoning is too rational.  
The main thing to remember is that he is a hero, and the rest of us are shit.

If we thought you were shit, my kinfolk wouldn't have bled and died to save your dumb asses. You are family to us. If you need us again, we'll be there again, but we'd rather not if we don't have to. No, I ain't a hero. The best of us gave everything and all I'm risking is my bank account. I did what I could at the end of the cold war, but the truth is that Statism is self-defeating and mostly what we did was wait for the Soviet empire to collapse under it's own weight. Now Statism is again threatening to end civilization and it's up to us to keep that from happening. Fortunately, time is again on our side because the laws of economics cannot be repealed by legislative fiat.

Americans ain't perfect, but we damn sure aren't gonna wait around for China to pull its head out of its ass before we do something.

[njcarlos]

They still seem pretty coupled to me.

[molecular]

Finally the solvent exchanges are successfully decoupling from Gox. Is it possible to have goxBTC at $300 and realBTC > $600 ??

Funnily enough something like that could end up saving Mt.Gox. If you're getting a 50% spread quite a few people who can handle the risk would be wiring large sums of money into Gox' coffers. Restoring the imbalance created by months of Gox leading the prices by 100$ or more. It would be a neat example of a self-correcting problem.

I've actually been thinking about recklessly wiring some money to gox, so I think this scenario is possible (never underestimate greed). I decided against it after about 7 seconds,... mainly for tax reasons and because I don't want to have to deal with the risk. Also because I'm pissed at gox and because I don't want to hear: "goxxed once? shame on gox. goxxed twice? shame on you".

[Zarathustra]

Anyone know what's the deal is with Coinbase?  Their price is running about $25 over bitstamp right now, which is by far the furthest I've seen them spread.  Usually they're pegged right within a dollar or two of stamp as that's where they do all their orders from (at least, that was the common assumption).  Very odd that they've been sitting between 695-700 while stamp hovers around 670-675.

Anyone know what's going on there?

Obviously its Americans who are buying the fuck out of bitcoin. Kinda pisses me off that this spread reaches it's peak when I want to be buying and when I pulled the last of my coins out of Gox, the spread was the other way so I lose the spread every fucking time. But make no mistake, it's supply and demand and the yanks are coming.

Coinbase account holders have access to our bank accounts and can buy all we want and we're obviously buying the hell out of this drop. Once again, we have to bail out Europe and the rest of the world. Getting to be a habit. You ungrateful bastards can still suck it when the dollar fails and we still get to keep world reserve currency status!

In Europe, we have an exchange, we have ATMs and there are several European countries with greater adoption per capita. Check sourceforge.

Once again, we have to bail out Europe and the rest of the world.

Once again???

From Nazis, Commies, etc.  Those crosses on the cliffs over Normandy aren't just landscaping.

Haha. You mean Wallstreet bailed out? Those who create the monsters are those who save the world from it?

Sutton's next three major published books — Wall Street and the Bolshevik Revolution, Wall Street and the Rise of Hitler and Wall Street and FDR — detailed Wall Street's involvement in the Bolshevik Revolution (in order to destroy Russia as an economic competitor and turn it into "a captive market and a technical colony to be exploited by a few high-powered American financiers and the corporations under their control"[3]) as well as its decisive contributions to the rise of Adolf Hitler and Franklin Delano Roosevelt, whose policies he assessed as being essentially the same, namely "corporate socialism" planned by the big corporations.[4] Sutton concluded that this was all part of the economic power elites' "long-range program of nurturing collectivism"[1] and fostering "corporate socialism" in order to ensure "monopoly acquisition of wealth", because it "would fade away if it were exposed to the activity of a free market".

http://en.wikipedia.org/wiki/Antony_C._Sutton

[molecular]

They still seem pretty coupled to me.

gox is about 30-50 USD lower than btc-e/stamp. If the usual difference (gox 15% higher) had been maintained, stamp would be trading at $555 now. That's what I (we?) mean by "decoupled".

[billyjoeallen]

Anyone know what's the deal is with Coinbase?  Their price is running about $25 over bitstamp right now, which is by far the furthest I've seen them spread.  Usually they're pegged right within a dollar or two of stamp as that's where they do all their orders from (at least, that was the common assumption).  Very odd that they've been sitting between 695-700 while stamp hovers around 670-675.

Anyone know what's going on there?

Obviously its Americans who are buying the fuck out of bitcoin. Kinda pisses me off that this spread reaches it's peak when I want to be buying and when I pulled the last of my coins out of Gox, the spread was the other way so I lose the spread every fucking time. But make no mistake, it's supply and demand and the yanks are coming.

Coinbase account holders have access to our bank accounts and can buy all we want and we're obviously buying the hell out of this drop. Once again, we have to bail out Europe and the rest of the world. Getting to be a habit. You ungrateful bastards can still suck it when the dollar fails and we still get to keep world reserve currency status!

In Europe, we have an exchange, we have ATMs and there are several European countries with greater adoption per capita. Check sourceforge.

Once again, we have to bail out Europe and the rest of the world.

Once again???

From Nazis, Commies, etc.  Those crosses on the cliffs over Normandy aren't just landscaping.

Haha. You mean Wallstreet bailed out? Those who create the monsters are those who save the world from it?

Sutton's next three major published books — Wall Street and the Bolshevik Revolution, Wall Street and the Rise of Hitler and Wall Street and FDR — detailed Wall Street's involvement in the Bolshevik Revolution (in order to destroy Russia as an economic competitor and turn it into "a captive market and a technical colony to be exploited by a few high-powered American financiers and the corporations under their control"[3]) as well as its decisive contributions to the rise of Adolf Hitler and Franklin Delano Roosevelt, whose policies he assessed as being essentially the same, namely "corporate socialism" planned by the big corporations.[4] Sutton concluded that this was all part of the economic power elites' "long-range program of nurturing collectivism"[1] and fostering "corporate socialism" in order to ensure "monopoly acquisition of wealth", because it "would fade away if it were exposed to the activity of a free market".

http://en.wikipedia.org/wiki/Antony_C._Sutton

I'm no fan of Wall Street and I prolly hate banksters worse than you do, but if you hate 'em so much, then why are you selling them your bitcoin at fire sale prices?  I sure as hell am not.

[flynn]

OK, I will risk a sharp prediction:
Tomorrow 2014-02-09 at 19:00 UTC, Huobi's price will be 4510 Yuan, plus or minus 20 Yuan.
At that same time, Bitstamp will be at 700 USD plus or minus 10 USD.
Before or after that time, I would not dare to guess. 

Very well done Sir !

[Zarathustra]

Anyone know what's the deal is with Coinbase?  Their price is running about $25 over bitstamp right now, which is by far the furthest I've seen them spread.  Usually they're pegged right within a dollar or two of stamp as that's where they do all their orders from (at least, that was the common assumption).  Very odd that they've been sitting between 695-700 while stamp hovers around 670-675.

Anyone know what's going on there?

Obviously its Americans who are buying the fuck out of bitcoin. Kinda pisses me off that this spread reaches it's peak when I want to be buying and when I pulled the last of my coins out of Gox, the spread was the other way so I lose the spread every fucking time. But make no mistake, it's supply and demand and the yanks are coming.

Coinbase account holders have access to our bank accounts and can buy all we want and we're obviously buying the hell out of this drop. Once again, we have to bail out Europe and the rest of the world. Getting to be a habit. You ungrateful bastards can still suck it when the dollar fails and we still get to keep world reserve currency status!

In Europe, we have an exchange, we have ATMs and there are several European countries with greater adoption per capita. Check sourceforge.

Once again, we have to bail out Europe and the rest of the world.

Once again???

From Nazis, Commies, etc.  Those crosses on the cliffs over Normandy aren't just landscaping.

Haha. You mean Wallstreet bailed out? Those who create the monsters are those who save the world from it?

Sutton's next three major published books — Wall Street and the Bolshevik Revolution, Wall Street and the Rise of Hitler and Wall Street and FDR — detailed Wall Street's involvement in the Bolshevik Revolution (in order to destroy Russia as an economic competitor and turn it into "a captive market and a technical colony to be exploited by a few high-powered American financiers and the corporations under their control"[3]) as well as its decisive contributions to the rise of Adolf Hitler and Franklin Delano Roosevelt, whose policies he assessed as being essentially the same, namely "corporate socialism" planned by the big corporations.[4] Sutton concluded that this was all part of the economic power elites' "long-range program of nurturing collectivism"[1] and fostering "corporate socialism" in order to ensure "monopoly acquisition of wealth", because it "would fade away if it were exposed to the activity of a free market".

http://en.wikipedia.org/wiki/Antony_C._Sutton

I'm no fan of Wall Street and I prolly hate banksters worse than you do, but if you hate 'em so much, then why are you selling them your bitcoin at fire sale prices?

Selling? Are you crazy?

Please go away or stay at home with your stories about history that you were told by your state (terrorists).
A state that has been involved in more than one hundred wars in its short career.

[surfer43]

OK, I will risk a sharp prediction:
Tomorrow 2014-02-09 at 19:00 UTC, Huobi's price will be 4510 Yuan, plus or minus 20 Yuan.
At that same time, Bitstamp will be at 700 USD plus or minus 10 USD.
Before or after that time, I would not dare to guess. 

Very well done Sir !

LOL it is only 0900 UTC 
 

[ChartBuddy]

Explanation

[flynn]

OK, I will risk a sharp prediction:
Tomorrow 2014-02-09 at 19:00 UTC, Huobi's price will be 4510 Yuan, plus or minus 20 Yuan.
At that same time, Bitstamp will be at 700 USD plus or minus 10 USD.
Before or after that time, I would not dare to guess. 

Very well done Sir !

LOL it is only 0900 UTC 
 

So ? it's supposed to forbid me to make an appreciation about this prediction ?
Beside timescale doesn't really matter for this one, does it ?

[billyjoeallen]

Anyone know what's the deal is with Coinbase?  Their price is running about $25 over bitstamp right now, which is by far the furthest I've seen them spread.  Usually they're pegged right within a dollar or two of stamp as that's where they do all their orders from (at least, that was the common assumption).  Very odd that they've been sitting between 695-700 while stamp hovers around 670-675.

Anyone know what's going on there?

Obviously its Americans who are buying the fuck out of bitcoin. Kinda pisses me off that this spread reaches it's peak when I want to be buying and when I pulled the last of my coins out of Gox, the spread was the other way so I lose the spread every fucking time. But make no mistake, it's supply and demand and the yanks are coming.

Coinbase account holders have access to our bank accounts and can buy all we want and we're obviously buying the hell out of this drop. Once again, we have to bail out Europe and the rest of the world. Getting to be a habit. You ungrateful bastards can still suck it when the dollar fails and we still get to keep world reserve currency status!

In Europe, we have an exchange, we have ATMs and there are several European countries with greater adoption per capita. Check sourceforge.

Once again, we have to bail out Europe and the rest of the world.

Once again???

From Nazis, Commies, etc.  Those crosses on the cliffs over Normandy aren't just landscaping.

Haha. You mean Wallstreet bailed out? Those who create the monsters are those who save the world from it?

Sutton's next three major published books — Wall Street and the Bolshevik Revolution, Wall Street and the Rise of Hitler and Wall Street and FDR — detailed Wall Street's involvement in the Bolshevik Revolution (in order to destroy Russia as an economic competitor and turn it into "a captive market and a technical colony to be exploited by a few high-powered American financiers and the corporations under their control"[3]) as well as its decisive contributions to the rise of Adolf Hitler and Franklin Delano Roosevelt, whose policies he assessed as being essentially the same, namely "corporate socialism" planned by the big corporations.[4] Sutton concluded that this was all part of the economic power elites' "long-range program of nurturing collectivism"[1] and fostering "corporate socialism" in order to ensure "monopoly acquisition of wealth", because it "would fade away if it were exposed to the activity of a free market".

http://en.wikipedia.org/wiki/Antony_C._Sutton

I'm no fan of Wall Street and I prolly hate banksters worse than you do, but if you hate 'em so much, then why are you selling them your bitcoin at fire sale prices?

Are you crazy?

Please go away or stay at home with your stories about history that you were told by your state (terrorists).
A state who has been involved in more than one hundred wars in its short career.

LOL. You can say what you want about us yanks, but tonight, the line was held by Americans at Coinbase. I probably hate my government worse than you do, but I've never been more proud of my countrymen. I don't know the future, but if I have anything to do with it, we'll be taking the lead from here. Sell your coins at a $30 loss if you want. Courage wouldn't mean anything if everybody had it.