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

[savetherainforest]

That BTC-e trolling....


666.999

[hodl_2015]

Since rockets are on-topic, SpaceX launch in about 11 hours, landing +/- 10 minutes later. countdown: https://spacexstats.com/missions/spacex-crs-9 , info, live-updates, links to streams to and from the rocket, and landing: https://www.reddit.com/r/spacex/comments/4t2umd/rspacex_spacex_crs9_official_launch_discussion/ (streams start about 20 minutes before launch)

[podyx]

Is there something wrong with finex? Can't make an account there

[Elwar]

[emelac]

Is there something wrong with finex? Can't make an account there

I have no problems accessing it, but I haven't tried to make an account today.

Bitfinex did tweet on 1 July that there was a connection issue between the Americans and Europe which was affecting the website. Apparently the problem was fixed the same day but maybe it's resurfaced today.

https://twitter.com/bitfinex/status/748937197173108737

It seems there are widespread connection issues, especially between Americans and Europe. Many services are affected, including us.

10:51 AM - 1 Jul 2016

edit/

The status page says everything's OK, so maybe the problem is at your end.

https://bitfinex.statuspage.io/

[DARKHOLDER]

200x margin short this to 666.

Profit.

Fart

Biscuit for this joke

[podyx]

Does anybody know if any verification is neccessary for deposit and withdrawal of bitcoins on finex?

[willope]

Bitcoin is overbought on every simple exchange now. You can see on wisdom that there are a lot mote bids than asks.
So I think that even if the price goes up, on the short term will come a dip and only then it'll go up.

[DonQuijote]

trolling is strong. bullish. 

[Coinnosaurus]

Does anybody know if any verification is neccessary for deposit and withdrawal of bitcoins on finex?

No verification is needed but it may depends on your location..

[emelac]

Does anybody know if any verification is neccessary for deposit and withdrawal of bitcoins on finex?

No verification is needed but it may depends on your location..

I don't think verification is needed for small amounts of Bitcoins, but if you start moving big amounts of Bitcoins Bitfinex might suddenly demand verification, and refuse to let you have your coins back without it. Plus, beware of possible withdrawal delays if the hot wallet's empty. Their terms say they can take up to 12 hours to process a withdrawal.

https://www.bitfinex.com/support

How long does it take for a BTC/LTC/ETH withdrawal to be processed?

When you enable two-factor authentication your withdrawal will be approved instantly, unless you have logged with a new IP address in the previous 24 hours.

If you haven't enabled two-factor authentication you will receive an email to confirm your withdrawal. Your withdrawal will not be approved and processed as long as you don't confirm it with this link. Please note that while most withdrawals of Bitcoins/Litecoins will be processed within 2 minutes, the guaranteed processing time is within 12 hours. A withdrawal might be delayed for two reasons:

Our "hot wallet" (special wallet used to process withdrawals) is empty.

For Bitgo enabled accounts, the withdrawal hit a spending limit (global or specific to the account).

[podyx]

Hmm, well it says nothing about verification for BTC withdrawals so what would be "big" withdrawals? 200 BTC or more?

[Coinnosaurus]

Does anybody know if any verification is neccessary for deposit and withdrawal of bitcoins on finex?

No verification is needed but it may depends on your location..

I don't think verification is needed for small amounts of Bitcoins, but if you start moving big amounts of Bitcoins Bitfinex might suddenly demand verification, and refuse to let you have your coins back without it. Plus, beware of possible withdrawal delays if the hot wallet's empty. Their terms say they can take up to 12 hours to process a withdrawal.

https://www.bitfinex.com/support

How long does it take for a BTC/LTC/ETH withdrawal to be processed?

When you enable two-factor authentication your withdrawal will be approved instantly, unless you have logged with a new IP address in the previous 24 hours.

If you haven't enabled two-factor authentication you will receive an email to confirm your withdrawal. Your withdrawal will not be approved and processed as long as you don't confirm it with this link. Please note that while most withdrawals of Bitcoins/Litecoins will be processed within 2 minutes, the guaranteed processing time is within 12 hours. A withdrawal might be delayed for two reasons:

Our "hot wallet" (special wallet used to process withdrawals) is empty.

For Bitgo enabled accounts, the withdrawal hit a spending limit (global or specific to the account).

I heard that verification is needed for NY residents,don't know if is true or not.

[European Central Bank]

I heard that verification is needed for NY residents,don't know if is true or not.

they don't want ny residents. period. if they pick you up using bitfinex in ny state then they ask if you're resident there. if you do admit to it then you're out.

[emelac]

Hmm, well it says nothing about verification for BTC withdrawals so what would be "big" withdrawals? 200 BTC or more?

I don't know, but their terms of service say that at any time they can suddenly demand verification. They say they are always monitoring for suspicious transactions, and I suppose any giant Bitcoin withdrawal would get flagged. However with the volume going through the exchange they would probably consider 10 BTC small change.

https://www.bitfinex.com/terms

Anti-Money Laundering and Counter-Terrorist Financing: Bitfinex is committed to providing you with safe, compliant, and reputable Services. Accordingly, Bitfinex insists on a comprehensive and thorough customer due diligence process and implementation and ongoing analysis and reporting. This includes monitoring of and for suspicious transactions and mandatory reporting to international regulators.

Bitfinex reserves the right to refuse registration to, or to bar transactions from or to, anyone from or in jurisdictions that do not meet international AML–CTF standards as set out by the FATF; to anyone that is a Politically Exposed Person within the meaning of the FATF’s 40 Recommendations; or, that fails to meet any customer due diligence standards, requests, or requirements of BitGo or Bitfinex. In lieu of refusing registration, Bitfinex may perform enhanced customer due diligence procedures. At all times, you may be subject to enhanced customer due diligence procedures in your use of the Site, BitGo, and any Service.

[WhatsBitcoin]

Re: Bitfinex. I'm in. Why are there three different Bitcoin deposit addresses?
Exchange Wallet
Trading Wallet
Deposit Wallet
 

[elite3000]

Re: Bitfinex. I'm in. Why are there three different Bitcoin deposit addresses?
Exchange Wallet
Trading Wallet
Deposit Wallet
 

You should ask them, anyone can troll you or give a honest but wrong answer. The explanation must be somewhere in the site, and you can contact their support

[WhatsBitcoin]

Re: Bitfinex. I'm in. Why are there three different Bitcoin deposit addresses?
Exchange Wallet
Trading Wallet
Deposit Wallet
 

You should ask them, anyone can troll you or give a honest but wrong answer. The explanation must be somewhere in the site, and you can contact their support

People troll eachother here? That sounds serious.

[emelac]

Re: Bitfinex. I'm in. Why are there three different Bitcoin deposit addresses?
Exchange Wallet
Trading Wallet
Deposit Wallet
 

You should ask them, anyone can troll you or give a honest but wrong answer. The explanation must be somewhere in the site, and you can contact their support

The Bitfinex support page explains why are there three different Bitcoin deposit addresses. It's because there are three different account types. You can move your Bitcoins over to any account type you like at any time you want on your account Settings page. If you only want to buy and/or sell Bitcoin open an Exchange account and use the deposit address for that.

https://www.bitfinex.com/support

What are the three account types and which should I choose?
Trader:   This account type allows access to margin trading, exchange and margin funding
Exchange:   This account type allows access to exchange and margin funding
Deposit:   This account type allows access to margin funding

Can I change my account type later?
Account Settings page

How can I take advantage of Bitfinex's features even if I don't feel like buying any Bitcoin or Litecoin?
You can open a Deposit account and provide margin funding in US dollars to other Bitfinex traders. See Margin Funding.

I would like to simply buy and/or sell Bitcoin, what should I do?
You can open an Exchange account and use the "Exchange" tab of Bitfinex

[marcus_of_augustus]

sub-700 has been well-traversed by now ... could move up to 730 and beyond with ease now.