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

[BathSaltsDealer]

Fini!

#10    Bitfinex    BTC/USD    $ 1,682,580    

[jbreher]

Also, I had thought that Bitfinex should implement some kind of fee free incentives, such as zero fee trading for a period of time

What possible reason would BFX* have to offer incentives to customers? They already have a vast coterie of screwed customers eagerly jumping in line for another ass-raping*.

*the common link is left as an exercise for the reader

[BathSaltsDealer]

screwed customers eagerly jumping in line for another ass-raping*.

You're being a little unfair. They absolutely have to trade on BFX to make it successful, otherwise the the tokenized debt tokens their money was replaced with would remain worthless.

You gotta spend money to make money, it's just common sense

[chesthing]

In bitstamp today, from 574 to 552 in 15min chart.

How is this possible?

Whale exiting maybe?   anyone have thoughts on what happened with bitstamp today? looks like a several hundred btc dump by single person to me.

[JayJuanGee]

Probably bots/algorithms went crazy, you can also see that someone has lost a lot of money.

I saw that earlier too. 

There was about a 1,200 coin dump that took place over about 3 minutes, and the price bounce back into the lower $570s within about 10 minutes.  It seemed to have caused a few dollars down on all of the exchanges, but none of the other exchanges followed with a dump.. yet it could have averted a pump?  Who knows what the fuck some of these whales are doing or accomplishing in their throwing around coins -?   Whether it was done on purpose or not?

[JayJuanGee]

Also, I had thought that Bitfinex should implement some kind of fee free incentives, such as zero fee trading for a period of time

What possible reason would BFX* have to offer incentives to customers? They already have a vast coterie of screwed customers eagerly jumping in line for another ass-raping*.

*the common link is left as an exercise for the reader

It seems that you just have a tendency for narrow pessimistic thinking, and I wonder if you are that way about all things in life, to want to argue over fringe matters?

O.k.  Surely, you have strong opinions that Bitfinex is corrupt, and you try to act as if everyone comes to these same kinds of conclusions or are going to give the same weight to your seemingly highly refined conspiracy theories.  Sure there is some truth in what you are saying and some possibilities that your fringe viewpoints are correct, but in the end, I would prefer to consider the world from more realistic, moderate and day by day thinking, rather than assuming the worst and then acting in that direction.. yeah.. go ahead, you can do it, but let's take these matters one step at a time, rather than assuming the worst and acting under those negative views of the world. 

[Karartma1]

JayJuanGee I traded on Bitfinex happily for two years: it seemed to me the best exchange around and the most advanced too.
As you suggest probably the truth about what happened is in the middle even though I'm more oriented on the dirtier version of the story.

I was lucky enough to have moved all of my coins out of that mess before the theft.
Everybody would love to see a sort of silver lining for this story but it will not probably happen.

A serious business would have never created such a bfx coin to repay its customers. To me that's called QE
 

[DaRude]

JayJuanGee I traded on Bitfinex happily for two years: it seemed to me the best exchange around and the most advanced too.
As you suggest probably the truth about what happened is in the middle even though I'm more oriented on the dirtier version of the story.

I was lucky enough to have moved all of my coins out of that mess before the theft.
Everybody would love to see a sort of silver lining for this story but it will not probably happen.

A serious business would have never created such a bfx coin to repay its customers. To me that's called QE
 

Market is pricing their tokes at almost $0.40 so the haircut is around 21% which is apparently better than what market priced in. Also their ask side just vanished only BTC800 till $650 

[savetherainforest]

In bitstamp today, from 574 to 552 in 15min chart.

How is this possible?

Yeah.. right... 

Look... its pumping... 

Grab a pillow and choke on it. 

[BathSaltsDealer]

JayJuanGee I traded on Bitfinex happily for two years: it seemed to me the best exchange around and the most advanced too.
As you suggest probably the truth about what happened is in the middle even though I'm more oriented on the dirtier version of the story.

I was lucky enough to have moved all of my coins out of that mess before the theft.
Everybody would love to see a sort of silver lining for this story but it will not probably happen.

A serious business would have never created such a bfx coin to repay its customers. To me that's called QE
 

Market is pricing their tokes at almost $0.40 so the haircut is around 21% which is apparently better than what market priced in. Also their ask side just vanished only BTC800 till $650 

~2kB to $1000

[JayJuanGee]

JayJuanGee I traded on Bitfinex happily for two years: it seemed to me the best exchange around and the most advanced too.
As you suggest probably the truth about what happened is in the middle even though I'm more oriented on the dirtier version of the story.

I was lucky enough to have moved all of my coins out of that mess before the theft.
Everybody would love to see a sort of silver lining for this story but it will not probably happen.

A serious business would have never created such a bfx coin to repay its customers. To me that's called QE
 

We can talk about worse case scenarios and lesser variations, yet we have already seen a pretty decent silver lining in that they opened up, and people did not lose all of their coins and Bitfinex came up with a decent plan.

Yeah, the plan is not perfect and it has a lot strange innovations, but really, Bitfinex seems to be acting quite adventurous and creative in it's proposals.

Yeah, maybe, if everything that they is saying is true, regarding the stolen coins and all, they could have come up with some better plan, yet even if you disagree with the plan and you disagree with their holding back details, you gotta give them some credit for attempting to be innovative.  I am skeptical too, and i am a bit irritated by their plan still seeming to being in the process of creation and tweaking.... Maybe it is all going to fall apart, but maybe not?

[kobilica]

So price is up huh 

[savetherainforest]

Yeah.. right...  

Look... its pumping...  

Grab a pillow and choke on it.  

This... The W.






So... in conclusion... NO MORE DIPS!!!

[kobilica]

 

[mymenace]

fake walls?

fake buying?

fake markets?


we see volume, we see price changes, but do we read or hear of anyone buying or selling large enough to warrant it?

[BathSaltsDealer]

#1    itBit   BTC/USD    $ 7,234,290    $ 577.99    14.21 %    

Whoda thunk.

[JimboToronto]

Good morning Bitcoinland.

Pretty flat for weeks now. $584 0n BitcoinAverage.

No weekend rollercoaster this week?

[PoolMinor]

Good morning Bitcoinland.

Pretty flat for weeks now. $584 0n BitcoinAverage.

No weekend rollercoaster this week?

Hang on...

[Denker]

Good morning Bitcoinland.

Pretty flat for weeks now. $584 0n BitcoinAverage.

No weekend rollercoaster this week?

Flat for weeks means we will see a breakout soon.Question is in which direction?
I hope it will be up this time.Weekly and daily chart still shows upwards trend.
Fingers crossed!

[abyrnes81]

Good morning Bitcoinland.

Pretty flat for weeks now. $584 0n BitcoinAverage.

No weekend rollercoaster this week?

Good morning, 584 us dollars is still high.  I think a retrenchment to the 450-500 us dollars zone is really possible.  What do you think bearish or bullish?