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

[podyx]

To be honest I think we'll visit 490's again, it is a bit too fast so early

Caught a 492 buy order while asleep like expected

I can't see price gone so low. What exchange do you use?

bitstamp

Didn't notice other exchanges didn't drop as sharp. Maybe we still got a leg down left

[bitebits]

[...] we have spreads like 6% between btc-e and finex, 11% between finex and huobi, and 17% between huobi and btc-e.

If anything, these spreads show how broken legacy banking is and the difficulties of global mobility of funds between countries and markets, in terms of feasibility and speed.

Bitcoin is simply light years ahead of problematic and slow legacy banking and it shows in how legacy banking is creating arbitrage opportunities with vast spreads in the (much-faster-moving) btc market.

BTC trading in particular seems to be the "vehicle" of exposing legacy banking for its inadequacies...

I had to read twice what you were saying, but that actually is a really interesting view.
Thanks.

[finkelsteinMonster]

Perhaps he realised his heroic battle to save people from Bitcoin is faltering. He's deep in the Amazon formulating a new approach.

Chinese speculators take advantage of holiday weekend (when no real American money can enter exchanges) to pump bitscoin.
Rational human who hasn't posted here for months continues not to post.
Victory!

[yefi]

So if everyone's expecting the price to rise, the market might as well crash 

I think it rather a categorical error to call the posters in such threads as this "everybody". And weren't we lectured previously that everybody was holding in anticipation of a rise, which thus couldn't arise, and we'd be fools not to split before the maddening crowds?

[Ted E. Bare]

Bitcoin Block Reward Halving Countdown:
Only 42 more days!

[JimboToronto]

Good morning Bitcoinland.

Still over $520 I see. $500 seems like a lock.



Sideways around $530 for a few days maybe, or do we move another leg up?

Then again, $512 doesn't seem like a very deep correction after gaining $100 in less than a week. Was it just a precursor to the real dump?

[kehtolo]

^Not for long.. it'S going to go up again shortly.

Huobi 1Hr BBands contracting nicely.. i expect another leg up pretty soon..

It's monday morning in China in ~7:45 Hrs..

[JimboToronto]

i'm gonna need some helpers with all these bitcoin bags i'm holding ... i'll throw them trading tips

 

[SnokkomBTC]

^Not for long.. it'S going to go up again shortly.

Huobi 1Hr BBands contracting nicely.. i expect another leg up pretty soon..

It's monday morning in China in ~7:45 Hrs..

Is that true?

[macsga]

^Not for long.. it'S going to go up again shortly.

Huobi 1Hr BBands contracting nicely.. i expect another leg up pretty soon..

It's monday morning in China in ~7:45 Hrs..

Is that true?

Yep. 4 more hours for China to wake up. Tick Tock...

[Ted E. Bare]

520 Is the new bottom. This is going to be good.

[r0ach]

Didn't notice other exchanges

I want you to deal with your problems by becoming rich you stupid sloth.

[hd060053]

bitfinex going for 550 now

[Hunyadi]

bitfinex going for 550 now

Damn, this is craaaazyyyyyy!!! 

[petahashminer]

we are going to 4000 yuans on huobi, fasten your seatbelts guys, this is gonna be crazy  

finex at 557.5 $

[snipie]

bitfinex going for 550 now

Coinbase $540 and the Chinese exchangers are near $600 ($594).. Wow things went very fast this time, the price will break $600 before the end of May?  

[SnokkomBTC]

this is gentlemen

[LFC_Bitcoin]

Looks like we're going again

This really is gentlemen!

[Patel]

I was saving a folder full of gif's for these kind of days for 2 years... and then I got a new computer last month. >.<

[soullyG]

Getting the 2013 feeling