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

[noobtrader]

Coin
Explanation

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

[dre1982]

Coin
Explanation

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.

[noobtrader]

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

[LFC_Bitcoin]

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.

[Elwar]

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?

[mexxer-2]

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.

[LMGTFY]

...

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.

[cbeast]

We've been in a strong Lower Rule of Thirds. Let's see if 270 breaks or back to 235.

[Hunyadi]

260 @finex 

[ChartBuddy]

Coin
Explanation

[ChartBuddy]

Coin
Explanation

[bitebits]

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!

[ghandi]

This time is diffrent! For real! 

[Lauda]

$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?

[ChartBuddy]

Coin
Explanation

[BlindMayorBitcorn]

Pleasantly surprised to see the price still holding up - I was expecting an overnight lull.

Slow and steady is good, they say, but volatility is fun.. let's shoot for even higher!

So is this Liquid side-chain Confidential Transactions-ready? Or wat?

And another thing, didn't Brock Pierce already have some coin on the side that let you jump thrust move in and out of Bitcoin more smoothly lubelessly easily? So: wats the difference now?

Yeah, Liquid supposedly implements Confidential Transactions. Don't know anything about that Brock Pierce thing.

Realcoin it was called:  http://www.coindesk.com/brock-pierce-announces-dollar-backed-cryptocurrency-realcoin/

[BlindMayorBitcorn]

$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?

Because Bitcoin...

[Omikifuse]

$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?

Because of two years of bearish market, of course.

But this time might be different because this might be start of the halving dump that will end the bear market for a while

[ImI]

choo choo?

Are you seeing something that I'm not? I'm not sure what volume or what prices you're seeing buddy.

oh i am hearing it 

ch.... ch........

[ChartBuddy]

Coin
Explanation