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

[aztecminer]

BTW is there any bad news we can attribute this "crash" too?

yep.. it was revealed to all of bitcoin today that coinbase has a low limits of only $10.000... i wonder what they do if you go over your limit on coinbase exchange ?? liquidate ur bitcoins for ya ?? i dont know, but it seems as though it is designed to limit the trading ability of people on their exchange.. due to the fact at how hard it is to get a limit raise on coinbase makes me think that their $10,000 limit is some kind of scheme they have cooked up. anyone know what happens if you go over coinbases $10,000 limit ??

Has anyone ever mentioned to you that you were a gimp?


Anyhow, you come up with some lame ass attempt to get your coinbase limit increased, and then you attempt to describe that as some kind of important event that reveals facts about the world beyond your lame ass and insufficient experience.  

See more about this goofball at GimpyMrAztec.com.

of course, the forum troll who insults everyone he disagrees with. i asked a simple question and get this retarded response .

You seem to have a bad habit of spreading disinformation.


I see no information regarding your purported assertion that you can only keep $10k on Coinbase's exchange.... seems like bullshit to me.

They do have a $10k per day limit... to send funds to the wallet, which you could thereafter transfer to their exchange.

They have pretty decently high limits for what seems to be a consumer (rather than institutionally oriented exchange)...

Anyhow, if you have some kind of link for your bullshit assertions, then maybe readers of this thread may have some better ideas about what you are talking about rather than just filling space with misleading nonsense and seemingly false assertions.  Isn't that called spreading FUCD?

https://support.coinbase.com/customer/portal/articles/1995990-coinbase-exchange-limits-explained

What is the maximum balance of funds I can have on Coinbase Exchange?

You may transfer any amount up to your buy/sell limit to your Coinbase Exchange wallet. For example, if your buy/sell limit is $10,000 per day, then you can store up to $10,000 combined value of all currencies on Coinbase Exchange.

i found the answer to my other question too:

What if my trading activity on Coinbase Exchange takes my total funds over the maximum?

If your funds on Coinbase Exchange exceed the maximum amount, you can continue trading without restriction, however you’ll be unable to deposit further funds until your balance falls below the limit.

[aztecminer]

BTW is there any bad news we can attribute this "crash" too?

yep.. it was revealed to all of bitcoin today that coinbase has a low limits of only $10.000... i wonder what they do if you go over your limit on coinbase exchange ?? liquidate ur bitcoins for ya ?? i dont know, but it seems as though it is designed to limit the trading ability of people on their exchange.. due to the fact at how hard it is to get a limit raise on coinbase makes me think that their $10,000 limit is some kind of scheme they have cooked up. anyone know what happens if you go over coinbases $10,000 limit ??

Has anyone ever mentioned to you that you were a gimp?


Anyhow, you come up with some lame ass attempt to get your coinbase limit increased, and then you attempt to describe that as some kind of important event that reveals facts about the world beyond your lame ass and insufficient experience.  

See more about this goofball at GimpyMrAztec.com.

of course, the forum troll who insults everyone he disagrees with. i asked a simple question and get this retarded response .

coinbase is shit.

and you can bitch and whine all you want about limits, you just get what you deserve.

thanks for permission...  i think everyone deserves a higher limit than their gimpy $10k.

If anyone knows what is a Gimp, then it should be GimpyAssAztec.. no?   See more at GimpyAssAztec.com/dumb


in this regard, you are acting very misleading about coinbase because their general limit allows customers to buy $10k per day..

dumbass i am talking about the trading exchange.. stop brushing ur teeth with flouride and maybe your brain will gain some ability to comprehend shiat without the constant train of insults.

[blunderer]

...
Dramatic change is coming - but the tiger crouches before it leaps poops. Be patient.

Fixed.
Let's be careful out there, Gentlemen.

[JayJuanGee]

BTW is there any bad news we can attribute this "crash" too?

yep.. it was revealed to all of bitcoin today that coinbase has a low limits of only $10.000... i wonder what they do if you go over your limit on coinbase exchange ?? liquidate ur bitcoins for ya ?? i dont know, but it seems as though it is designed to limit the trading ability of people on their exchange.. due to the fact at how hard it is to get a limit raise on coinbase makes me think that their $10,000 limit is some kind of scheme they have cooked up. anyone know what happens if you go over coinbases $10,000 limit ??

Has anyone ever mentioned to you that you were a gimp?


Anyhow, you come up with some lame ass attempt to get your coinbase limit increased, and then you attempt to describe that as some kind of important event that reveals facts about the world beyond your lame ass and insufficient experience.  

See more about this goofball at GimpyMrAztec.com.

of course, the forum troll who insults everyone he disagrees with. i asked a simple question and get this retarded response .

You seem to have a bad habit of spreading disinformation.


I see no information regarding your purported assertion that you can only keep $10k on Coinbase's exchange.... seems like bullshit to me.

They do have a $10k per day limit... to send funds to the wallet, which you could thereafter transfer to their exchange.

They have pretty decently high limits for what seems to be a consumer (rather than institutionally oriented exchange)...

Anyhow, if you have some kind of link for your bullshit assertions, then maybe readers of this thread may have some better ideas about what you are talking about rather than just filling space with misleading nonsense and seemingly false assertions.  Isn't that called spreading FUCD?

https://support.coinbase.com/customer/portal/articles/1995990-coinbase-exchange-limits-explained

What is the maximum balance of funds I can have on Coinbase Exchange?

You may transfer any amount up to your buy/sell limit to your Coinbase Exchange wallet. For example, if your buy/sell limit is $10,000 per day, then you can store up to $10,000 combined value of all currencies on Coinbase Exchange.

i found the answer to my other question too:

What if my trading activity on Coinbase Exchange takes my total funds over the maximum?

If your funds on Coinbase Exchange exceed the maximum amount, you can continue trading without restriction, however you’ll be unable to deposit further funds until your balance falls below the limit.

Wow!!!!!   Thank you for that information Aztec... I must deflect a little bit to you, and even take back some of my earlier assertions regarding both substance and your research abilities.  I had done a quick search of your topic, and I personally had not previous seen that information. 

Great.. thanks for that info... at least we kind of recognize what you had been talking about, now.

I do personally have some coins on Coinbase in a wallet, some in the vault and some on the exchange, but I had not run on any of those exchange limits.. and recently, I had removed quite a few of my coins from Coinbase and limited some of my use of their various services, based on some of Armstrong's recent political assertions (in support of Classic). 

[JayJuanGee]

BTW is there any bad news we can attribute this "crash" too?

yep.. it was revealed to all of bitcoin today that coinbase has a low limits of only $10.000... i wonder what they do if you go over your limit on coinbase exchange ?? liquidate ur bitcoins for ya ?? i dont know, but it seems as though it is designed to limit the trading ability of people on their exchange.. due to the fact at how hard it is to get a limit raise on coinbase makes me think that their $10,000 limit is some kind of scheme they have cooked up. anyone know what happens if you go over coinbases $10,000 limit ??

Has anyone ever mentioned to you that you were a gimp?


Anyhow, you come up with some lame ass attempt to get your coinbase limit increased, and then you attempt to describe that as some kind of important event that reveals facts about the world beyond your lame ass and insufficient experience.  

See more about this goofball at GimpyMrAztec.com.

of course, the forum troll who insults everyone he disagrees with. i asked a simple question and get this retarded response .

coinbase is shit.

and you can bitch and whine all you want about limits, you just get what you deserve.

thanks for permission...  i think everyone deserves a higher limit than their gimpy $10k.

If anyone knows what is a Gimp, then it should be GimpyAssAztec.. no?   See more at GimpyAssAztec.com/dumb


in this regard, you are acting very misleading about coinbase because their general limit allows customers to buy $10k per day..

dumbass i am talking about the trading exchange.. stop brushing ur teeth with flouride and maybe your brain will gain some ability to comprehend shiat without the constant train of insults.

Well, if you had provided some links earlier and some adequate explanation of your issue, then maybe that would assist people to understand your concerns (and if they happen to be legitimate rather than just made up shit - which you seem to have a tendency to do with your multiple conspiracies that you frequently put out there).

[bargainbin]

^^

[aztecminer]

BTW is there any bad news we can attribute this "crash" too?

yep.. it was revealed to all of bitcoin today that coinbase has a low limits of only $10.000... i wonder what they do if you go over your limit on coinbase exchange ?? liquidate ur bitcoins for ya ?? i dont know, but it seems as though it is designed to limit the trading ability of people on their exchange.. due to the fact at how hard it is to get a limit raise on coinbase makes me think that their $10,000 limit is some kind of scheme they have cooked up. anyone know what happens if you go over coinbases $10,000 limit ??

Has anyone ever mentioned to you that you were a gimp?


Anyhow, you come up with some lame ass attempt to get your coinbase limit increased, and then you attempt to describe that as some kind of important event that reveals facts about the world beyond your lame ass and insufficient experience.  

See more about this goofball at GimpyMrAztec.com.

of course, the forum troll who insults everyone he disagrees with. i asked a simple question and get this retarded response .

You seem to have a bad habit of spreading disinformation.


I see no information regarding your purported assertion that you can only keep $10k on Coinbase's exchange.... seems like bullshit to me.

They do have a $10k per day limit... to send funds to the wallet, which you could thereafter transfer to their exchange.

They have pretty decently high limits for what seems to be a consumer (rather than institutionally oriented exchange)...

Anyhow, if you have some kind of link for your bullshit assertions, then maybe readers of this thread may have some better ideas about what you are talking about rather than just filling space with misleading nonsense and seemingly false assertions.  Isn't that called spreading FUCD?

https://support.coinbase.com/customer/portal/articles/1995990-coinbase-exchange-limits-explained

What is the maximum balance of funds I can have on Coinbase Exchange?

You may transfer any amount up to your buy/sell limit to your Coinbase Exchange wallet. For example, if your buy/sell limit is $10,000 per day, then you can store up to $10,000 combined value of all currencies on Coinbase Exchange.

i found the answer to my other question too:

What if my trading activity on Coinbase Exchange takes my total funds over the maximum?

If your funds on Coinbase Exchange exceed the maximum amount, you can continue trading without restriction, however you’ll be unable to deposit further funds until your balance falls below the limit.

Wow!!!!!   Thank you for that information Aztec... I must deflect a little bit to you, and even take back some of my earlier assertions regarding both substance and your research abilities.  I had done a quick search of your topic, and I personally had not previous seen that information. 

Great.. thanks for that info... at least we kind of recognize what you had been talking about, now.

I do personally have some coins on Coinbase in a wallet, some in the vault and some on the exchange, but I had not run on any of those exchange limits.. and recently, I had removed quite a few of my coins from Coinbase and limited some of my use of their various services, based on some of Armstrong's recent political assertions (in support of Classic). 

i was trading on there, which is how i know about the limits. i haven't been trading lately .. although i keep a small amount of cash coinbase exchange case the price becomes (in my opinion) more reasonable.... however, i was attempting to set up my limits higher in case i need for future.. i could easily surpass $10k .. the reason i trade there is because i feel that coinbase exchange is least likely not to pull a gox on us.. i have accounts other exchanges that i set up in case coinbase did not allow me to raise my limits.. anyways i really need a ripple gateway as well . so i will likely fund another exchange this summer or maybe sooner . really depends on what bitcoin does as to what i will do . i like to be unpredictable to fool the manipulators.

[UngratefulTony]

<mind-numbing quotes of circular inanity>

itbit

[JayJuanGee]

i was trading on there, which is how i know about the limits. i haven't been trading lately .. although i keep a small amount of cash coinbase exchange case the price becomes (in my opinion) more reasonable.... however, i was attempting to set up my limits higher in case i need for future.. i could easily surpass $10k .. the reason i trade there is because i feel that coinbase exchange is least likely not to pull a gox on us.. i have accounts other exchanges that i set up in case coinbase did not allow me to raise my limits.. anyways i really need a ripple gateway as well . so i will likely fund another exchange this summer or maybe sooner . really depends on what bitcoin does as to what i will do . i like to be unpredictable to fool the manipulators.

As you likely realize, bitcoin has some budding infrastructure, and accordingly, some exchanges are more geared towards fairly small potato individual consumption rather than institutionalized investments, and Coinbase seems to be kind of that orientation.. Additionally,  the USA has various more draconian and tricky regulations in respect to how much they are able to do.  Likely, various US regulatory risks causes Coinbase to take precautions and to limit how much individuals can do through their exchange.

As you imply, it is better to attempt to figure these kinds of trading matters out before hand in the event that you may want to attempt to make a bigger splash by unpredictably either buying or selling in large quantities. 

Now that Gemini has been running for a while (with some better liquidity), it may be a fairly decent alternative, or maybe you will have to do what you are suggesting, spread out your coins and cash a little bit. 

[inca]

A whole lot of 'this user is currently ignored' trolling up this thread..

[adamstgBit]

bitcoiners are on the verge of a melt down, all thanks to the blocklimit debate, which seems to have no end in sight.
market will weigh in once its all said and done
assuming core gets their way....when we can play with LN we will either love it or hate it, and boom or bust follows.
until then its probably in everyone's best interest to PUMP dat price. ( if we can  )

[JayJuanGee]

bitcoiners are on the verge of a melt down, all thanks to the blocklimit debate, which seems to have no end in sight.
market will weigh in once its all said and done
assuming core gets their way....when we can play with LN we will either love it or hate it, and boom or bust follows.
until then its probably in everyone's best interest to PUMP dat price. ( if we can  )

Are you referring to lightning network as if it were right around the corner?


I thought that if lightning network were to go live, that would be a couple of years down the road, no?

Lot's can happen in bitcoinlandia in a couple of years

[Meuh6879]

^^

Bankster are virus.
Bitcoin is the antivirus.

[billyjoeallen]

bitcoiners are on the verge of a melt down, all thanks to the blocklimit debate, which seems to have no end in sight.
market will weigh in once its all said and done
assuming core gets their way....when we can play with LN we will either love it or hate it, and boom or bust follows.
until then its probably in everyone's best interest to PUMP dat price. ( if we can  )

Miners are afraid the market will crash if they try to switch to big block code. The only way to take away that fear is to crash the market. Then they won't fear it anymore. we won't get big blocks without a crash. We won't get a new ATH until we get big blocks. The only way up is to go down first.

[bargainbin]

^^

Bankster are virus.
Bitcoin is the antivirus.

The McAfee antivirus

[nioc]

And yeah, this is one kind of the news my bank buddy makes happy: http://www.coindesk.com/blockstream-10-new-firms-hyperledger-blockchain-project/ -- the company that says bitcoin can not scale helps the banks and other companies to build the blockchain that can scale.

The Linux Foundation != banks

The project also formally unveiled its governing board, which is chaired by blockchain startup Digital Asset Holdings CEO Blythe Masters

Other governing board members include JPMorgan head of new product development and emerging technologies Santiago Suarez.

[BitUsher]

Miners are afraid the market will crash if they try to switch to big block code. The only way to take away that fear is to crash the market. Then they won't fear it anymore. we won't get big blocks without a crash. We won't get a new ATH until we get big blocks. The only way up is to go down first.

Please sell everything you have for the millionth time already. You are like a battered house wife that keeps threatening to leave , but comes crawling back again over and over again. Your threats are empty and don't instill any fear in us, and for good reason.

The small amount of classic supporters and most payment processors/banks are desperate for immediate returns from the hope that simply raising bitcoins tx capacity will cause new users to flock to bitcoin in droves regardless of the two not necessarily being correlated. (Most people didn't hear the other side to Garzik's "Fidelity problem" and what Fidelity had in store for bitcoin. )

While the rest of us on the other hand do indeed care about price and mass adoption we put those priorities as secondary to decentralization/fungibility/security/robustness. We are more interested in the technology and its implications rather than just getting wealthy in the short term.

This is why your threats to crash the price don't scare us. We will simply buy into the price and get cheaper coins, as we don't need to turn a profit today and are looking at the longterm health of bitcoin. If we are betrayed by the miners than so be it , we will sell classiccoin and invest in the new coin even if we are forced to change the consensus algo for security. Classic's roadmap is indeed not aligned with our values and we will not be threatened or coerced into any conciliation that doesn't take into account blocksize externalities and new security threats.

P.S.. This isn't a ideological allegiance to a certain banner and I could be convinced to support classic if they considered security / fungibility considerations instead of focusing principally on confirmation throughput.

My guess is that you are desperate and frantic because you aren't getting your way and the majority of developers, users, and miners don't support your cause and you are too scared to sell because of FOMA during the halvening. I am calling your bluff, which in my case is really easy to do because I would love buying cheaper coins and can wait for bitcoin to  grow.

[billyjoeallen]

Miners are afraid the market will crash if they try to switch to big block code. The only way to take away that fear is to crash the market. Then they won't fear it anymore. we won't get big blocks without a crash. We won't get a new ATH until we get big blocks. The only way up is to go down first.

Please sell everything you have for the thousands time already. You are like a battered house wife that keeps threatening to leave , but comes crawling back again over and over again. Your threats are empty and don't instill any fear in us, and for good reason.

The small amount of classic supporters and most payment processors/banks are desperate for immediate returns from the hope that simply raising bitcoins tx capacity will cause new users to flock to bitcoin in droves regardless of the two not necessarily being correlated. Most people didn't hear the other side to Garzik's "Fidelity problem" and what Fidelity had in store for bitcoin.

While the rest of us on the other hand do indeed care about price and mass adoption we put those priorities as secondary to decentralization/fungibility/security/robustness. We are more interested in the technology and its implications rather than just getting wealthy in the short term.

This is why your threats to crash the price don't scare us. We will simply buy into the price and get cheaper coins, as we don't need to turn a profit today and are looking at the longterm health of bitcoin. If we are betrayed by the miners than so be it , we will sell classiccoin and invest in the new coin even if we are forced to change the consensus algo for security. Classic's roadmap is indeed not aligned with our values and we will not be threatened or coerced into any conciliation.

That's the first I've heard of a fidelity problem. What is it? I am also concerned with decentralization, specifically the centralization of mining in the People's Republic of China and the centralization of code development with the reference client. Now these two special interest groups (core and miners) are openly colluding against their customers.  How is THAT in line with your values?

I am not predicting a crash. I am not threatening a crash. I am simply saying that it is extremely unlikely that we will get a new ATH WITHOUT a crash.  What is likely is muddling through, bouncing around in this range until some event or series of events pushes us out of it one way or the other.

[bargainbin]

< BitUsher used text effects. It's super effective. >

[BitUsher]

That's the first I've heard of a fidelity problem. What is it?

It was ambiguously discussed in one of Garzik's conference speeches, which became a major selling point of why bitcoin needs to increase the blocksize immediately by suggesting that Fidelity investments is interested in using Bitcoin but cannot because the capacity is too low. What Garzik did not clarify was what they intended to use bitcoin for and how they would use the blockchain which is a crucial bit of data that is critical in context.

Fidelity wanted to make txs of zero bitcoins to track non-bitcoin related assets by storing their data in the Bitcoin network and bypass all network fees by partnering up directly with several large mining pools and paying them directly in fiat a much smaller sum. In other words , they wanted for our ecosystem to heavily subsidize their spam. Perfect example of Tragedy of the commons.

I am also concerned with decentralization, specifically the centralization of mining in the People's Republic of China and the centralization of code development with the reference client. Now these two special interest groups core and miners) are openly colluding against their customers.  How is THAT in line with your values?

You are living in a dream world if you believe a majority of users support classic. I understand it is difficult to approximate a uservote with all the sybil attacking/cloud node promotion going on within the classic camp but there are other ways to estimate support . One way is to compare forum volume and reddit volume for active users . Even with a large and heavy campaign to attack theymos for censorship/moderation r/bitcoin still has between 2.5-3.5x the amount of live users in their subreddit  than r/btc. If classic had the support you suggest it should be trivial for you to buy enough hashing power to mine more than 4-7% of blocks.

In fact , rather than sell all your coins , if you are so intrested in Bitcoin  and its health and decentralization why don't you invest in a bunch of ASICs so you can mine Classic?