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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26371272 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. (174 posts by 3 users with 9 merit deleted.)
LFC_Bitcoin
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October 16, 2015, 08:54:06 AM

Good morning gentlemen, another little price rise I see, maybe the bears are losing their strangle hold after all?
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October 16, 2015, 08:57:52 AM

It's possible the twins have been off-loading coins since the ATH, to fund their Gemini/ETF ventures and hedge.

Now they are buying back those coins cheaper ...
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October 16, 2015, 09:02:01 AM

T0.com is actually being used for legit trades.

http://www.wired.com/2015/10/hedge-fund-borrows-10m-in-stock-via-the-bitcoin-blockchain/
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October 16, 2015, 09:02:25 AM

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October 16, 2015, 09:03:22 AM

Seeing these images, couldn't someone make a profit out of the price difference? By arbitaging.
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October 16, 2015, 09:05:44 AM

Seeing these images, couldn't someone make a profit out of the price difference? By arbitaging.

imagine there is no . (dot)  in the middle of the number, im sure everyone can profit
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October 16, 2015, 09:06:01 AM

Seeing these images, couldn't someone make a profit out of the price difference? By arbitaging.

Maybe I could but I think you must have a way to send you $$ quickly between the exchanges. Transfering BTC goes quickly, money does take a bit longer I guess.
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October 16, 2015, 09:08:14 AM

why is ltc dropping while btc is rising?

has anyone a idea about that?

because ltc is useless altcoin, there is no point using ltc. unlike eth, dash, etc they actually offer something new
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October 16, 2015, 09:15:44 AM

It's possible the twins have been off-loading coins since the ATH, to fund their Gemini/ETF ventures and hedge.

Now they are buying back those coins cheaper ...

Interesting theory. I don't know, it's possible but hopefully that is the truth because it'd mean the price will continue to rise. I'm sick of being stuck in the 200's.
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October 16, 2015, 09:22:32 AM

Seeing these images, couldn't someone make a profit out of the price difference? By arbitaging.

Imagine that last week the price on BitStamp was $242 and on BTC-e it was $240.

Your plan: Sell 10 bitcoins on BitStamp, transfer money to BTC-e and buy bitcoins at $240.

You sell your 10 bitcoins and have $2420. You withdraw your dollars to your bank (takes 3 days). You send your dollars through the crazy hoops you have to jump through for BTC-e to get your money on there losing $40 in fees.

Finally today you have $2380 on BTC-e and buy bitcoins at $258/BTC.

You now have 9.2 bitcoins.

Profit?
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October 16, 2015, 09:27:32 AM

Seeing these images, couldn't someone make a profit out of the price difference? By arbitaging.

Imagine that last week the price on BitStamp was $242 and on BTC-e it was $240.

Your plan: Sell 10 bitcoins on BitStamp, transfer money to BTC-e and buy bitcoins at $240.

You sell your 10 bitcoins and have $2420. You withdraw your dollars to your bank (takes 3 days). You send your dollars through the crazy hoops you have to jump through for BTC-e to get your money on there losing $40 in fees.

Finally today you have $2380 on BTC-e and buy bitcoins at $258/BTC.

You now have 9.2 bitcoins.

Profit?
Well I am not that experienced in trading, just wanted to know if such thing maybe possible. Maybe you could do it by arbitraging altcoins I guess.
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October 16, 2015, 09:33:48 AM

...
Seeing these images, couldn't someone make a profit out of the price difference? By arbitaging.
Someone probably is. It's a risky undertaking, though - you need to keep both BTC and fiat on a range of exchanges so you (or your bot) can move fast when the opportunity arises. There used to be a Google docs spreadsheet (back when MtGox was still active) showing arb opportunities - but the biggest opportunities always involved exchanges where you probably wouldn't want to keep fund for any length of time.
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October 16, 2015, 09:40:51 AM

We've been in a strong Lower Rule of Thirds. Let's see if 270 breaks or back to 235.
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October 16, 2015, 09:50:26 AM

260 @finex  Smiley
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October 16, 2015, 10:02:33 AM

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October 16, 2015, 11:02:37 AM

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October 16, 2015, 11:07:54 AM

I am so conditioned to expect huge dumps after a small rise, that the lack of starts to feel uncomfortable.
The bears are too silent!
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October 16, 2015, 11:19:12 AM

This time is diffrent! For real!  Grin Cool
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October 16, 2015, 11:26:16 AM

$4.51 up already today on Bitstamp. This is certainly more interesting than yesterday or the day before that. I wonder if the price will be able to hold above $260 or at least $250. It would be nice to move away from $230 (even though there's nothing wrong staying with that either). This is the highest price since mid August.


I am so conditioned to expect huge dumps after a small rise..
Why?
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October 16, 2015, 12:02:22 PM

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