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

[GaliX]

I guess this is called back to reality.
Luckily I went short yesterday.


We won't leave this bear market until we have a flash crash to sub 100$ I guess.

[spiderbrain]

"what the fucking shit is going on!"

from now one obligatory in every poll

I am totally loving the polls ATM, the only reason I've had to log in in a long while =D

[Eamorr]

Bitfinex seems best for volume but how do we know it won't get hacked? Has it got better security? Some posts here claimed it was dodgy.

well use Kraken then, they prove by auditing that they are not hacked at least. Bitfenix just has a lot of features people use and it has the highest volume of all exchanges.


Well if you know a exchange is missing 20 000 btc I wouldn't trade on it. It is just a matter of time until they have to close.

Here's my direct personal experience with Kraken (like less than 48 hours ago).

https://bitcointalk.org/index.php?topic=925214.msg10174261#msg10174261

Make of this what you will. I personally don't give much credence to claims of "proof by auditing". I judge someone's trustworthiness by their actions, not by their words.

[macsga]

"what the fucking shit is going on!"

from now one obligatory in every poll

I am totally loving the polls ATM, the only reason I've had to log in in a long while =D

The only provable legit TA at the moment:

[Eamorr]

This one's only a mini.

They're toying with the bulls now.

Very entertaining to watch all this in real-time.

[akujin]

Lol! stamp too panicky 

[luckygenough56]

Not bullish:

http://www.coindesk.com/research-hackers-install-backdoor-bitcoin-cold-storage/

More or less nothing new here.... China did some panic on that news  

ultra bearish news !

[fortune143]

Bitfinex seems best for volume but how do we know it won't get hacked? Has it got better security? Some posts here claimed it was dodgy.

well use Kraken then, they prove by auditing that they are not hacked at least. Bitfenix just has a lot of features people use and it has the highest volume of all exchanges.


Well if you know a exchange is missing 20 000 btc I wouldn't trade on it. It is just a matter of time until they have to close.

Here's my direct personal experience with Kraken (like less than 48 hours ago).

https://bitcointalk.org/index.php?topic=925214.msg10174261#msg10174261

Make of this what you will. I personally don't give much credence to claims of "proof by auditing". I judge someone's trustworthiness by their actions, not by their words.

I do all of my trading at Exco.in now to be honest; proof of reserves, fast as hell and great with security and transparency. It's pretty new at the moment so liquidity isn't massive but it suits me fine. Also no USD markets but they do trade in NuBits, a crypto currency pegged to the dollar using supply and demand metrics.

Give it a shot!
https://exco.in/

Excoin Ann
https://bitcointalk.org/index.php?topic=897999.0

[ShroomsKit]

These dumps are insane. Where do all these coins keep coming from?

[bobboooiie]

I dont understand the fuss around the fat twitter guy. Only thing he did was comment on bitstamp situation when they already had the problems with BTC cashouts 1 day before the news broke. There were multiple threads on reddit about that. Only thing he is doing right now is trying to get followers probably.

[NotHatinJustTrollin]

These dumps are insane. Where do all these coins keep coming from?

"Where do all these coins keep coming from"


Stop.


YOU. DON'T. UNDERSTAND. MARKETS.

[ShroomsKit]

I dont understand the fuss around the fat twitter guy. Only thing he did was comment on bitstamp situation when they already had the problems with BTC cashouts 1 day before the news broke. There were multiple threads on reddit about that. Only thing he is doing right now is trying to get followers probably.

I really don't get it either.

[luckygenough56]

ex-cultist bagholder interview :

"well, i saw that holy bulltrap as the last opportunity to move my coins from cold storage and sell above 200 before the collapse, let's face it, bitcoin is not what it was supposed to be, unless you like being raped by freedom"

 

[GaliX]

These dumps are insane. Where do all these coins keep coming from?

"Where do all these coins keep coming from"


Stop.


YOU. DON'T. UNDERSTAND. MARKETS.

In fact nobody does... These markets are all just pure gamble, People just try to make something out of the graphs because that's the only thing they can use.

[qwk]

http://www.coindesk.com/research-hackers-install-backdoor-bitcoin-cold-storage/

TL;DR of the news:
if you're able to install software on someone else's computer or modify the code he compiles, you can steal his coins.
Duh.

[medialab101]

http://www.coindesk.com/research-hackers-install-backdoor-bitcoin-cold-storage/

TL;DR of the news:
if you're able to install software on someone else's computer or modify the code he compiles, you can steal his coins.
Duh.

This

It's non-news

[Thomas-s]

Inb4 Karpeles is Satoshi.

[fairglu]

FXCM

http://www.bloomberg.com/news/2015-01-15/new-zealand-currency-broker-closes-on-losses-after-swiss-shock.html

Something is happening in the fiat markets, fasten your seatbelts

[Devenox]

I certainly believe in the succes of bitcoin in the future,
but I am almost certain we are going down first. Bitstamp single sell order of 1750BTC,
he must know something to willing to sell so low (5% under market value)
Same thing happened with bitstamp just after the first <200$ breakout

[bitcodo]

FXCM

http://www.bloomberg.com/news/2015-01-15/new-zealand-currency-broker-closes-on-losses-after-swiss-shock.html

Something is happening in the fiat markets, fasten your seatbelts

more

http://www.alpari.com/company-news/posts/2015/january/important-announcement/