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

[strawbs]

RIP bitcoin

How can we hope for mass adoption when we can't even depend on having reliable exchanges. My faith in BTC is rapidly waning.

[glorywhole]

They changed their mind, 15 mins longer:  "Updated trading restart time. We restart trading at 00:15 UTC. From now to 00:15 UTC users can cancel active orders. New orders will be accepted after 00:15 UTC"

Any more updates?

[RGR991]

coinbase at 694 

[dreamspark]

This is so fucked, bitfinex can suck a dick

[Wandererfromthenorth]

[gentlemand]

How can we hope for mass adoption when we can't even depend on having reliable exchanges. My faith in BTC is rapidly waning.

Bitfinex isn't going to lead fuck all to mass adoption. Would grandma wait a week to wire some money to Hong Kong or wherever? Is she going to get heavily into leverage? Doubtful. It's a bridge from the old days to the new ones and it could do with crumbling.

[Lionidas]

This is so fucked, bitfinex can suck a dick

What is the Difference they are pulling what bitstamp is following 

[Wandererfromthenorth]

bitfinex is garbage, use OKcoin.

[calme]

The insane leverage amounts (20x, 50x, etc.) allowed on Chinese exchanges make for some interesting short squeezes

[gentlemand]

Well that's fucking obvious, douchebag. But exchanges continually fucking shit up is hardly going to inspire confidence in the wider market. Or do you think it will help adoption, for fuck sake?

You're a little charmer. I'd like to squeeze your cheek and wiggle it around.

[hatshepsut93]

$650 in next 24h

[RGR991]

Coinbase touched 670..

Such liquidity much wow on that exchange 

[RGR991]

Chinese won't move up until they are sure Finex is not MtGox 2.0


According to Reddit they are not processing withdraws

For anyone wondering, you cannot withdraw any BTC from Bitfinex. You can get fully approved but nothing will execute.

[gentlemand]

Just annoyed    Very much wanting BTC to succeed but's its propencity for shooting itself in the foot is becoming laughable.

Greed is always the overwhelming factor. Bitfinex is famous for crapping out but that's where leverage and the volume is so people put up with it. And every time it fucks them they scream about never going there again and then log in a few hours later.

It's up to them to take their business to less sexy places that actually work. And it's up to those in the business to supply them with what they want. I think we're a way away from something that's equally appealing and solid.

[nioc]

Coinbase touched 670..

Such liquidity much wow on that exchange 

Too bad I don't use them.

I bought at 702, yes that's right.

Anybody have a hammer handy?  If so please give Bitfinex a tap, I think it's stuck again.

[ImI]

Well that's fucking obvious, douchebag. But exchanges continually fucking shit up is hardly going to inspire confidence in the wider market. Or do you think it will help adoption, for fuck sake?

You're a little charmer. I'd like to squeeze your cheek and wiggle it around.

Just annoyed    Very much wanting BTC to succeed but's its propencity for shooting itself in the foot is becoming laughable.

its not finex that pulled the plug. its the ongoing eth/dao mess, its not an btc-issue but its enough to stop the bullrun and set investors on hold. it was lingering for some days and comes to surface now.

[BlindMayorBitcorn]

^Tudor progaganda

[ImI]

i say without that eth/dao mess we already would be at 900

[glorywhole]

I seldom prognosticate, but when I do...

[snip]*And yes, BTC price is dropping, and will continue doing so for the near future. So keeping things topical.

On the bright side, 700 seems to be holding pretty well on BFX

@ImI, without the XXXXX/XXX XXX mess, this would've happened a few days ago. People panic-selling XXXXX and XXX XXX was what kept the prce UP

[podyx]

Bouncing quick.

Coins that initially had an ask price in the 770 range was sold in this dump I think.

Looks pretty bullish to me.