podyx
Legendary
 Offline
Activity: 2338
Merit: 1035
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May 29, 2016, 12:01:51 PM |
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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 Ready for the moon now!  |
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vlight
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May 29, 2016, 12:15:10 PM |
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So if everyone's expecting the price to rise, the market might as well crash  |
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bitebits
Legendary
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Activity: 2216
Merit: 3238
Flippin' burgers since 1163.
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May 29, 2016, 12:35:01 PM |
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OMG Huobi $589, the west $530, still a big gab but im delighted  Where is Stolfi with some figures of the different exchanges? Did he officially retire from Bitcoin(talk)? |
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gentlemand
Legendary
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Activity: 2590
Merit: 3014
Welt Am Draht
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May 29, 2016, 12:36:39 PM |
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Perhaps he realised his heroic battle to save people from Bitcoin is faltering. He's deep in the Amazon formulating a new approach.
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becoin
Legendary
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Activity: 3431
Merit: 1233
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May 29, 2016, 12:37:31 PM |
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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? |
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podyx
Legendary
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Activity: 2338
Merit: 1035
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May 29, 2016, 12:44:45 PM |
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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 |
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bitebits
Legendary
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Activity: 2216
Merit: 3238
Flippin' burgers since 1163.
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May 29, 2016, 01:17:09 PM |
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[...] 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. |
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finkelsteinMonster
Newbie
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Activity: 56
Merit: 0
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May 29, 2016, 01:28:51 PM |
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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! |
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yefi
Legendary
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Activity: 2842
Merit: 1511
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May 29, 2016, 01:52:39 PM |
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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? |
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Ted E. Bare
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May 29, 2016, 01:55:25 PM |
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Bitcoin Block Reward Halving Countdown:
Only 42 more days!
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JimboToronto
Legendary
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Activity: 4046
Merit: 4603
You're never too old to think young.
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May 29, 2016, 03:30:49 PM |
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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? |
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kehtolo
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May 29, 2016, 03:48:31 PM |
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^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..
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JimboToronto
Legendary
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Activity: 4046
Merit: 4603
You're never too old to think young.
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May 29, 2016, 03:55:42 PM |
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SnokkomBTC
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May 29, 2016, 05:38:16 PM |
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^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? |
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macsga
Legendary
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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May 29, 2016, 05:49:27 PM |
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^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... |
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Ted E. Bare
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May 29, 2016, 05:56:57 PM |
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520 Is the new bottom. This is going to be good.
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r0ach
Legendary
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Activity: 1260
Merit: 1000
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May 29, 2016, 06:10:34 PM |
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Didn't notice other exchanges
I want you to deal with your problems by becoming rich you stupid sloth. |
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hd060053
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May 29, 2016, 06:43:12 PM |
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bitfinex going for 550 now
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Hunyadi
Legendary
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Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
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May 29, 2016, 06:45:13 PM |
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bitfinex going for 550 now
Damn, this is craaaazyyyyyy!!!  |
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