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

[Denker]

Steam incoming.

https://twitter.com/SteamDB/status/723230754113724416

That was overdue!!
And just the price is up to 452!!!
Some "steam" for our lokomotive!

[Ted E. Bare]

$500 before the 1st of May?

[Andre#]

I not only checked the context,  I'm trading on Bitsquare now (two bids, two asks, one trade ongoing). It works like a charm, I'm impressed how mature the software is. No failing in sight, yet.

Yeah, me too. Made three million dollars already. No way for you to verify it, could be lying through my teeth, but hey, that's the beauty of it, amirite?

You'll probably say I photoshopped it together...

[Fakhoury]

This is not Valve!

I agree, but SteamDB is a reliable source

[Fatman3001]

I not only checked the context,  I'm trading on Bitsquare now (two bids, two asks, one trade ongoing). It works like a charm, I'm impressed how mature the software is. No failing in sight, yet.

Yeah, me too. Made three million dollars already. No way for you to verify it, could be lying through my teeth, but hey, that's the beauty of it, amirite?

You'll probably say I photoshopped it together...

sweet...

crypto trading without exchanges going awol

[whored]

I not only checked the context,  I'm trading on Bitsquare now (two bids, two asks, one trade ongoing). It works like a charm, I'm impressed how mature the software is. No failing in sight, yet.

Yeah, me too. Made three million dollars already. No way for you to verify it, could be lying through my teeth, but hey, that's the beauty of it, amirite?

[img width=800 ]https://i.imgur.com/lWsTQaE.png[/img]

You'll probably say I photoshopped it together...

Not at all. Here's proof that I made $3 million US trading on that fine exchange without incident:

https://i.imgur.com/lWsTQaE.png

You'll probably say I photoshopped it together...

Edit: Am I reading that (my) screencap right? There's 5 Euros' worth of BTC on that exchange, and 3.5 BTC if I want to use USD? That's, like, a whole used car. Probably won't get a sticker, but hey, at that price, who got time for statist bullshit like safety inspections, amirite?

[Equus]

Chart porn..



Even though i just drew some lines on a chart

I just can't stop staring at this one.

[2015Bubble]

Gonna be a lot of blow and hookers this month 

[Fakhoury]

Only for the smart people

[yefi]

Did this with a SEPA transfer on bitquick once. The guy sent me 180 euro. I saw the transfer go through to my account. I released the bitcoins.

2 days later my bank calls me and says the person's account that sent me the money was hacked and that they needed to refund the 180 euro. Nothing I could do at that point.

Yeah, this is why they introduced real name and ID verification at Localbitcoin. Bitsquare doesn't appear to have such protections, or indeed a rep system, but appears to rely on the assumption that hackers won't be bothered for sums of one Bitcoin or less...

[whored]

@Andre#, serious question: Assuming I wanted to trade on that exchange, and assuming (gasp! another leap of faith) that 3.5 BTC belongs to more than one bro, what happens when I buy the whole 3.5 BTC?
Do I need to send a bunch of separate money transfers to all the Anons involved, or do I just wire the whole shebang to arbitrator Anon?

...
Edit: Am I reading that (my) screencap right? There's 5 Euros' worth of BTC on that exchange, and 3.5 BTC if I want to use USD? That's, like, a whole used car. Probably won't get a sticker, but hey, at that price, who got time for statist bullshit like safety inspections, amirite?

[Andre#]

Did this with a SEPA transfer on bitquick once. The guy sent me 180 euro. I saw the transfer go through to my account. I released the bitcoins.

2 days later my bank calls me and says the person's account that sent me the money was hacked and that they needed to refund the 180 euro. Nothing I could do at that point.

Yeah, this is why they introduced real name and ID verification at Localbitcoin. Bitsquare doesn't appear to have such protections, or indeed a rep system, but appears to rely on the assumption that hackers won't be bothered for sums of one Bitcoin or less...

That assumption is wrong. Scammers that sell fake anti-virus assistance usually charge their victims 200-300 euros. Note, IDs don't help in those cases, since the victims happily hand over their IDs to the scammers. You really have to look for the small details to discover that the sender of the money and the receiver of the BTC are not the same person. You can't do that on Bitsquare, as there's no direct communication between buyer and seller. I think that it's biggest weakness, as it may attract that type of scammers in droves.

[whored]

...
That assumption is wrong. Scammers that sell fake anti-virus assistance usually charge their victims 200-300 euros. Note, IDs don't help in those cases, since the victims happily hand over their IDs to the scammers.

And vice versa?! Sometimes I can actually *feel* the infinite number of realities unfolding simultaneously.

[Andre#]

...
That assumption is wrong. Scammers that sell fake anti-virus assistance usually charge their victims 200-300 euros. Note, IDs don't help in those cases, since the victims happily hand over their IDs to the scammers.

And vice versa?! Sometimes I can actually *feel* the infinite number of realities unfolding simultaneously.

Stop dropping acid for a few weeks. The number of realities will feel much smaller after some time.

[doc12]

After weeks of calm finally we´re getting some action again. NICE 

[whored]

...
That assumption is wrong. Scammers that sell fake anti-virus assistance usually charge their victims 200-300 euros. Note, IDs don't help in those cases, since the victims happily hand over their IDs to the scammers.

And vice versa?! Sometimes I can actually *feel* the infinite number of realities unfolding simultaneously.

Stop dropping acid for a few weeks. The number of realities will feel much smaller after some time.

But Andre, it  must  be true!
Because, in my reality, victims and scammers don't exchange IDs, & a weirdass app with 3.5 BTC [lol, sorry, my mistake!] 1.33 BTC on the books is not called an exchange. Obviously, your reality intersects mine only here, on bitcointalk.

But let us get back to the nuts and bolts. You must have missed my question, so I'll repost:

@Andre#, serious question: Assuming I wanted to trade on that exchange, and assuming (gasp! another leap of faith) that 3.5 BTC 1.3 BTC belongs to more than one bro, what happens when I buy the whole 1.3 BTC?
Do I need to send a bunch of separate money transfers to all the Anons involved, or do I just wire the whole shebang (more than 500 whole dollars!!! ) to arbitrator Anon?

[Andre#]

@Andre#, serious question: Assuming I wanted to trade on that exchange, and assuming (gasp! another leap of faith) that 3.5 BTC belongs to more than one bro, what happens when I buy the whole 3.5 BTC?
Do I need to send a bunch of separate money transfers to all the Anons involved, or do I just wire the whole shebang to arbitrator Anon?

...
Edit: Am I reading that (my) screencap right? There's 5 Euros' worth of BTC on that exchange, and 3.5 BTC if I want to use USD? That's, like, a whole used car. Probably won't get a sticker, but hey, at that price, who got time for statist bullshit like safety inspections, amirite?

A serious question, awesome!

For each trade the buyer/seller need to send/receive a separate money transfer to/from the seller/buyer with the reference of the trade ID, while the BTC is in escrow with the arbitrator holding a third key of a 2-of-3 multisig wallet. (BTW, in my screenshot you can see that there's a total of 4.9 BTC of EUR trades, 3.5 BTC of ETH trades, and 1.33 BTC of USD trades -- seems like you mixed it up a bit.) These are divided over 18 different offers that require fiat transfer via SEPA or OKpay.

If I look now, the statistics are like this:
- 7 EUR asks via SEPA (total 2.415 BTC), from AT, EE, PT, NL
- 5 EUR asks via OKpay (total 3.12 BTC)
- 2 EUR bids via SEPA (total 1 BTC), from NL & PT
- 4 EUR bids via OKpay (total 0.351 BTC)

Given the fact that for the SEPA offers alone, money needs to be transferred to four different countries makes it highly unlikely all these bank accounts are controlled by the same person.

[Meuh6879]

RISE, Baby, RISE !

[Meuh6879]

$500 before the 1st of May?

PChhhhh, too easy, little boya ...

[Andre#]

...
That assumption is wrong. Scammers that sell fake anti-virus assistance usually charge their victims 200-300 euros. Note, IDs don't help in those cases, since the victims happily hand over their IDs to the scammers.

And vice versa?! Sometimes I can actually *feel* the infinite number of realities unfolding simultaneously.

Stop dropping acid for a few weeks. The number of realities will feel much smaller after some time.

But Andre, it  must  be true!
Because, in my reality, victims and scammers don't exchange IDs, & a weirdass app with 3.5 BTC [lol, sorry, my mistake!] 1.33 BTC on the books is not called an exchange. Obviously, your reality intersects mine only here, on bitcointalk.

But let us get back to the nuts and bolts. You must have missed my question, so I'll repost:

@Andre#, serious question: Assuming I wanted to trade on that exchange, and assuming (gasp! another leap of faith) that 3.5 BTC 1.3 BTC belongs to more than one bro, what happens when I buy the whole 1.3 BTC?
Do I need to send a bunch of separate money transfers to all the Anons involved, or do I just wire the whole shebang (more than 500 whole dollars!!! ) to arbitrator Anon?

No, victims and scammers don't exchange IDs, it's only the victims who send their IDs to scammers (the opposite doesn't happen). You'll be amazed what people do after talking to them for an hour or more.

Sure, the volume is very low after this betaversion came out only a few days ago. Main thing is, it works, there are no major bugs, and trades are happening. I've done two so far, a third is pending. You tend to forget that all exchanges once started small. IMHO, Bitsquare has potential. You don't have to believe me, you can download and try it yourself: https://bitsquare.io/