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Question: When will we see a new ATH? (Credit to: Biodom)
2019 - 14 (9.3%)
Early 2020 - 33 (21.9%)
Late 2020 - 44 (29.1%)
Early 2021 - 13 (8.6%)
Late 2021 - 24 (15.9%)
2022 - 4 (2.6%)
2023 - 0 (0%)
2024 - 4 (2.6%)
After 2024 - 3 (2%)
Never - 12 (7.9%)
Total Voters: 151

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21429496 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. (128 posts by 22 users deleted.)
KFR
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February 11, 2014, 10:58:27 PM
 #86761


As per my earlier posts the Bitcoin Foundation carries just as large a portion of blame for this as Gox does.



https://bitcoinfoundation.org/about/board

See the guy in the number two spot?

As per my previous posts on the subject, the current Board composition is a joke.  One's had to resign, one's running a disgraced exchange and two of them are arguing in public by issuing conflicting statements.  And meanwhile Bitcoin's developers are focussing on esoteric edge case problems rather than addressing the community's immediate and more pressing needs.  It's an embarrassment.

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February 11, 2014, 11:00:09 PM
 #86762

Don't know about you, guys, but I am going to have some fresh fiat on Stamp tomorrow, or the day after. This is too good an opportunity to miss out on! Smiley
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February 11, 2014, 11:01:18 PM
 #86763

I hired 17 monkeys that press F5 on bitstamp.net 24/7. They´re quite fast btw.



 Grin
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February 11, 2014, 11:02:52 PM
 #86764

Done with Gox
Explanation
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February 11, 2014, 11:03:36 PM
 #86765

Don't know about you, guys, but I am going to have some fresh fiat on Stamp tomorrow, or the day after. This is too good an opportunity to miss out on! Smiley

The fear is palpable. Bitcoin will spring back just like it always has, and the ones who allowed themselves to get manipulated into selling will regret it.

Guess what, you don't have to fall for it.
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February 11, 2014, 11:14:01 PM
 #86766

Yay BFX down for me but still trading

I have limit orders set.  I am better off just switching everything off and coming back tomorrow.  My strategy is self executing and every time I fiddle with it during a market event I screw it up. 


So I don't mind that I can't get to BFX Smiley.
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February 11, 2014, 11:15:37 PM
 #86767

Don't know about you, guys, but I am going to have some fresh fiat on Stamp tomorrow, or the day after. This is too good an opportunity to miss out on! Smiley

The fear is palpable. Bitcoin will spring back just like it always has, and the ones who allowed themselves to get manipulated into selling will regret it.

Guess what, you don't have to fall for it.

Exactly..

When things really start heating up this year and the price goes ballistic... the fudsters are going to have to run really fast to keep up...

Once the button gets pushed...

The fudsters and perma bears are going to feel some pain


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February 11, 2014, 11:15:44 PM
 #86768


76 Coins trading between 4000 - 4100?!

It was not wrong. Orders were executed equal to bid and ask.

Seems they have still problems on Huobi.

I still don't understand what problem you see.

You are aware that the first two columns (detailed order book) are independent of the other two (summary of the order book), right?  It is not one table with four columns per row, but two tables with two columns, and the rows of one are not related to the rows of the other.

On the first two columns, going up from the spread to the 4100 CNY line there are several sell offers that seem  to add up to 67.  Below, on the bid side, the entries less than 4050 add to less than 1 (hence the "0" on the summary) and the next ones down to 4000 seem to add to 9.  Those coins have not been traded yet; they are waiting for matching offers.   The transaction log (trades already executed) is a separate table, below the part you have copied.

So what is wrong?
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February 11, 2014, 11:18:00 PM
 #86769

we'll be back at 700 within 12 hours  Cheesy
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February 11, 2014, 11:23:08 PM
 #86770


76 Coins trading between 4000 - 4100?!

It was not wrong. Orders were executed equal to bid and ask.

Seems they have still problems on Huobi.

I still don't understand what problem you see.

You are aware that the first two columns (detailed order book) are independent of the other two (summary of the order book), right?  It is not one table with four columns per row, but two tables with two columns, and the rows of one are not related to the rows of the other.

On the first two columns, going up from the spread to the 4100 CNY line there are several sell offers that seem  to add up to 67.  Below, on the bid side, the entries less than 4050 add to less than 1 (hence the "0" on the summary) and the next ones down to 4000 seem to add to 9.  Those coins have not been traded yet; they are waiting for matching offers.   The transaction log (trades already executed) is a separate table, below the part you have copied.

So what is wrong?


Bid/Ask depth on Huobi is normaly above 1000 Coins for 100 Renmibi, not 76 Coins.
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February 11, 2014, 11:23:25 PM
 #86771

I think, and am hoping, that this is the sound of the last straw landing on the camel's back.

I've just signed up to the Bitcoin Foundation myself so I can at least help people to try and change it from within.  I would suggest others join me.  

If that fails then the Bitcoin community might as well reject the Bitcoin Foundation wholesale.  And that might not be a bad thing.



Bitcoin does need a voice - a focus as an advocate.

However, the foundation has little has little if any credibility - so if it is possible for fresh faces (and respected ones) to move in and push for change, it can't do any harm.

You would have my vote, take Jorge with you? Wink
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February 11, 2014, 11:28:11 PM
 #86772

we'll be back at 700 within 12 hours  Cheesy

Was it you, writing

Quote
we'll be back at 800 within 12 hours Cheesy

one week ago?
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February 11, 2014, 11:31:30 PM
 #86773

I think, and am hoping, that this is the sound of the last straw landing on the camel's back.

I've just signed up to the Bitcoin Foundation myself so I can at least help people to try and change it from within.  I would suggest others join me.  

If that fails then the Bitcoin community might as well reject the Bitcoin Foundation wholesale.  And that might not be a bad thing.



Bitcoin does need a voice - a focus as an advocate.

However, the foundation has little has little if any credibility - so if it is possible for fresh faces (and respected ones) to move in and push for change, it can't do any harm.

You would have my vote, take Jorge with you? Wink

Thank you - I appreciate that vote of confidence.  The more I think about this the more I feel like taking off my coding hat and picking up the evangelist one.  Anyone following this thread knows Jorge and I are often in disagreement but I have a great respect for his work and would love to have him on board.  Smart people capable of disagreeing with each other whilst recognising the value in the work are few and far between. Wink

There are plenty of smart people here that could help have an impact.  So please do. Grin

I've made my first post of dissent at the BF now.  I'd welcome anyone interested in promoting and progressing Bitcoin that joined me.  

If we can't effect change from the inside then we'll just set up another one. Cool


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February 11, 2014, 11:32:42 PM
 #86774

we'll be back at 700 within 12 hours  Cheesy

Was it you, writing

Quote
we'll be back at 800 within 12 hours Cheesy

one week ago?

No.
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February 11, 2014, 11:33:55 PM
 #86775


As per my earlier posts the Bitcoin Foundation carries just as large a portion of blame for this as Gox does.



https://bitcoinfoundation.org/about/board

See the guy in the number two spot?

So join the foundation and remove him.  Be part of the solution. 

+1

I wrote to Cryptsy today to protest about their standard support ticket response - which closes with this:

"We recommend you purchase your Bitcoin from one of the the following Bitcoin merchants below as they have been proven to be trustworthy and reliable.
Campbx US
Coinbase  US
BTC-e Russian
MtGox Japanese"


I hope everyone can do something however small to insist on integrity of exchanges and if possible at the Bitcoin Foundation.

If someone writes a letter on here and gets a few signatures on a separate thread to a decent firm but reasonable open letter asking the Foundation to clean up its act and act responsibly, we can gather some signatures, and maybe at least register some outrage.

Right now they are doing nothing - a petition might get press and force them to at least react to looking totally ineffectual and stupid.

Just a thought - KFR - write it up, it might give you some backing to challenge the Foundation if you have some support?





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February 11, 2014, 11:40:15 PM
 #86776

That's a solid idea.  I'll give it some further thought. 

Perhaps a well written letter with sufficient signatures will at least help to progress the conversation.

Thanks. Cool
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February 11, 2014, 11:42:48 PM
 #86777

This is whatt I like to fucking see.  A nice bounce back.  



EDIT: Oops, must have mistyped link!
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February 11, 2014, 11:45:44 PM
 #86778

Theories as to why Stamp is still higher than Gox?
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February 11, 2014, 11:47:44 PM
 #86779

Theories as to why Stamp is still higher than Gox?

They haven't proven themselves to be total incompetent idiots?
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February 11, 2014, 11:49:07 PM
 #86780

Theories as to why Stamp is still higher than Gox?


Respect for them is far higher - and being registered in the Europe with a Eurozone bank, with better customer relations and less of a 'stink'!

EDIT: for spelling  and were you serious, Walsoraj?
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