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

[karolina]

there is a serious sale going on at CaVirtex right now. maybe the closing is causing some panic, or maybe people are worried about the ability to sell large quantities anymore afterwards so are taking the hit now ... but the sale is on. lucky if you got some cash on there and are a bull.

I did some arb the other day moving my $ funds to another exchange, and today the arb opportunity is twice as good. I guess alot of poeple are simply cashing out to fiat and withdrawing to their bank account because of the shutdown, i wonder how long these prices are going to last, is it worth wiring more money to virtex... hmm... probably!

Can you still wire money in? Do they take CAD deposits still?

i believe so, it doesn't say its disabled... ill have to try it out later.

How long does it take to wire money there? If it takes a week all the cheap bitcoins will have been sold by the time your money arrives.

You can do same-day Interac deposits, up to $1,000 a day.

INTERAC Online
Send Money in by INTERAC Online
Fee: $25.00
Sign Up
Processing Time: Same day
Daily Limit: $1,000
Minimum: $100
Monthly Limit: $5,000
Verification: Level 1 or Level 2

https://www.cavirtex.com/deposit_methods

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[Maximum_Overderp!]

RIP Leonard Nimoy!

https://i.imgur.com/xsrT1z3.jpg

[adamstgBit]

there is a serious sale going on at CaVirtex right now. maybe the closing is causing some panic, or maybe people are worried about the ability to sell large quantities anymore afterwards so are taking the hit now ... but the sale is on. lucky if you got some cash on there and are a bull.

I did some arb the other day moving my $ funds to another exchange, and today the arb opportunity is twice as good. I guess alot of poeple are simply cashing out to fiat and withdrawing to their bank account because of the shutdown, i wonder how long these prices are going to last, is it worth wiring more money to virtex... hmm... probably!

Can you still wire money in? Do they take CAD deposits still?

i believe so, it doesn't say its disabled... ill have to try it out later.

How long does it take to wire money there? If it takes a week all the cheap bitcoins will have been sold by the time your money arrives.

You can do same-day Interac deposits, up to $1,000 a day.

INTERAC Online
Send Money in by INTERAC Online
Fee: $25.00
Sign Up
Processing Time: Same day
Daily Limit: $1,000
Minimum: $100
Monthly Limit: $5,000
Verification: Level 1 or Level 2

https://www.cavirtex.com/deposit_methods

not with my bank card i cant.... i try a few months back and my bank wasn't listed.
anyway that crazy high fee with really eat into wtv profits i could make from the arb.

i have to go direct withdrawal, only 5$ with 9K$

[adamstgBit]

RIP Leonard Nimoy!

did he die not to long ago?
everyone keeps posting this.

http://www.nytimes.com/2015/02/27/arts/television/leonard-nimoy-spock-of-star-trek-dies-at-83.html?_r=0

OMFG
my hero is dead.
all hope is lost.
i must go.

[ThatDGuy]

RIP Leonard Nimoy!

did he die not to long ago?
everyone keeps posting this.

http://www.nytimes.com/2015/02/27/arts/television/leonard-nimoy-spock-of-star-trek-dies-at-83.html?_r=0

OMFG
my hero is dead.
all hope is lost.
i must go.

May the force be with him

[BitChick]

We've seen a bottom, nothing is stopping this train now.
A slow climb back upto 1000 USD before the next halving.

When has Bitcoin exerienced slow climbs?  Slow declines appear to be common but the rises never seem to be very slow.  

They don't last as long as the slow declines have, but they certainly happen:

http://bitcoincharts.com/charts/mtgoxUSD#rg60zczsg2013-6-30zeg2013-10-30ztgSzm1g10zm2g25zv

Here's a good example of the slow climb that preceded the November 2013 ATH.

Edit: Not saying we will see the same of either again, as the market is much different now - but we have seen it before.  I definitely do not think it would remain slow up to/past $1000... - if it goes that high, it will be on the back of a much more violent honeybadger.

But even the "slow climb" in October 2013 was followed by a huge spike to the November ATH.  I guess we could have another month of slow growth but if that is the case I would still expect a bubble at the end.

[JimboToronto]

there is a serious sale going on at CaVirtex right now. maybe the closing is causing some panic, or maybe people are worried about the ability to sell large quantities anymore afterwards so are taking the hit now ... but the sale is on. lucky if you got some cash on there and are a bull.

Unfortunately my Cavirtex fiat account contains only $0.02 and they're not accepting deposits.

In fact, I just withdrew all my bitcoins from Cavirtex today, and they're safely in one of my paper wallets with 32 confirmations so far.

I don't see why people would be panicking. Cavirtex hasn't lost anyone's money and withdrawals are proceeding just fine.

[Maximum_Overderp!]

RIP Leonard Nimoy!

did he die not to long ago?
everyone keeps posting this.

http://www.nytimes.com/2015/02/27/arts/television/leonard-nimoy-spock-of-star-trek-dies-at-83.html?_r=0

OMFG
my hero is dead.
all hope is lost.
i must go.

I know...right?

[ChartBuddy]

Coin
Explanation

[LFC_Bitcoin]

When do 'Dem Chinese' wake up?
Pump this bitch full of Yuan.

[Sitarow]

[Richy_T]

Any other Brits on here?

A few.

[Norway]

https://imgur.com/KA8CuED

[Globb0]

Any other Brits on here?

A few.

Moooooooooooooooooo

[Richy_T]

Ps: i recently moved my blockchain files from my 128GB SSD to an HDD, and was shocked how much longer loading bitcoin-qt took. It went from being about 40-60 second loadtime to 3-4 minutes. SSD drives are the future, and will make read/write/storage of the blockchain quick and simple

But most of the blockchain is static, unused data, making it a poor candidate for SSD. And I wonder it Bitcoin is SSD friendly. Does it do a lot of read/writes or is that mostly when a block comes in? I wonder if it would make sense to have the client split the blockchain to use the appropriate device for the appropriate use case. Maybe this could be done with symlinks on *nix.

What he's referring to is the startup where blocks are verified during the splash screen, in this situation an SSD is massively massively faster. I did exactly the same thing a while back during the 0.9.x-era and noticed the same.

Does it verify all of the blocks? If so, that makes sense.

[Richy_T]

Regardless I would choose SSD over HDD for any application. You simply can't go back after using them. Plus you get hardware level drive encryption.

I use both in my home system. The SSD is getting a bit full though and it's getting time for an upgrade.

[macsga]

Regardless I would choose SSD over HDD for any application. You simply can't go back after using them. Plus you get hardware level drive encryption.

I use both in my home system. The SSD is getting a bit full though and it's getting time for an upgrade.

Because we all know what security is, please don't entrust your bitcoin wallets ONLY on SSD drives. They tend to fail too... What's more important is, that they're harder to recover.

[Richy_T]

Because we all know what security is, please don't entrust your bitcoin wallets ONLY on SSD drives. They tend to fail too... What's more important is, that they're harder to recover.

I have backups of the wallet. I run Bitcoin off of the spinning disk because space and because it's not my primary wallet anyway. I'm actually considering moving away from running a full node.

[macsga]

Because we all know what security is, please don't entrust your bitcoin wallets ONLY on SSD drives. They tend to fail too... What's more important is, that they're harder to recover.

I have backups of the wallet. I run Bitcoin off of the spinning disk because space and because it's not my primary wallet anyway. I'm actually considering moving away from running a full node.

I don't run a full node because I sync my cold wallet only once every 6 months or longer. I once ran one at work though.

[camolist]

can't you close your position but keep USD swaps reserved?

If so I have not figured out how

it would be awesome if so!