Bitcoin Forum
April 28, 2017, 08:42:21 AM *
News: If the forum does not load normally for you, please send me a traceroute.
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 16793 16794 16795 16796 16797 16798 16799 16800 16801 16802 16803 16804 16805 16806 16807 16808 16809 16810 16811 16812 16813 16814 16815 16816 16817 16818 16819 16820 16821 16822 16823 16824 16825 16826 16827 16828 16829 16830 16831 16832 16833 16834 16835 16836 16837 16838 16839 16840 16841 16842 [16843] 16844 16845 16846 16847 16848 16849 16850 16851 16852 16853 16854 16855 16856 16857 16858 16859 16860 16861 16862 16863 16864 16865 16866 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 17290581 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.
york780
Member
**
Offline Offline

Activity: 84

the next 5 years are critical.


View Profile
April 21, 2017, 09:03:45 AM

Good morning bitcoinland, are you ready for the Le Pen Pump? "Le Pump" is short.

What Finex needs to do is institute solid AML/KNC systems and get rid of margin trading.

Wasn't margin trading the main thing that helped finex surpass stamp? Besides SWAP-s were really good for all the HODL-ers, since you could just get ~50%/year increase for not doing much. I'm personally looking forward for finex to resolve all their banking issues.

surpass with fake volume from people that don't have the Bitcoins they are trading?
Yes fake volume with an forced ATH at a scaling crisis will do. Easy choice for the experienced traders.

BTC here for more good charts and trading advice : 1AtPziQf3vYNV9ppLba6USdn1auVwD6a3z
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
LFC_Bitcoin
Legendary
*
Offline Offline

Activity: 966


★777Coin.com★ Fun BTC Casino!


View Profile
April 21, 2017, 10:01:13 AM

Happy days, the price is creeping up. Whilst nothing overly exciting (long term) a successful assault on $1300 would feel good.

As for BFX, they've had so many problems over the last year or two. I have no idea why people were still willing to leave bitcoin's or USD there. So many warnings but people continued to use them. Fuckinh stupid if you ask me.

simmo77
Sr. Member
****
Offline Offline

Activity: 263



View Profile
April 21, 2017, 10:04:24 AM

<snip> feelsgoodman.jpg

I think I have found out why sometimes your posts are so large. You do insist in quoting/replying to any and all paragraphs. <snippety snip>

Yeah, that - plus the walls and walls of emotional text. I tried to point that out to him, but he got emotional, and responded with a wall of text.


Anyhoo - as far as the current situation goes, I'll just say that it would be nice to have a reliable, regulated, audited exchange that one could use in times like this. Just one.... All I ask.  Guess I'll just hodl as usual.
darlidada
Hero Member
*****
Offline Offline

Activity: 710


View Profile
April 21, 2017, 11:25:31 AM

That's the other thing I don't understand.  Nobody in this thread seems to be worried at all about the complete collapse of interest/trading/price in China.  If China fails to be market leader simply by turning off wash trading, and then falls significantly behind the west in price on top of that, it kinda indicates the entire price was just being propped up by fraud in the first place.  They don't call the Chinese the Jews of Asia for nothing.  They're one of the only groups on earth who can compete toe to toe vs the heebs in financial fraud.

have you followed the tether mess? finex has been slowly increasing USDT supply by 125% over the last month.Thats how they've been paying back the BFX tokens and staying a float despite the BTC withdrawals.Its gonna be a huge mess when the whole thing explodes. people should be fucking scared but not they seem happy and euphoric LOL
DonQuijote
Legendary
*
Offline Offline

Activity: 1204


♠ ♥ ♣ ♦ < ♛♚&#


View Profile
April 21, 2017, 11:40:25 AM

could be bitfinex a new mtgox pump?

THE INGENIOUS GENTLEMAN DON QUIXOTE OF LA MANCHA
♠ ♥ ♣ ♦ < ♛♚♝♞♜ BTC tips address: 18vHV7TsnAfj16PfR5VVtCu9BiYuSidaeb
monsanto
Hero Member
*****
Offline Offline

Activity: 840


..like bright metal on a sullen ground.


View Profile
April 21, 2017, 01:50:39 PM

could be bitfinex a new mtgox pump?

Only the Tetherer knows...


this sigs for you
JimboToronto
Legendary
*
Offline Offline

Activity: 1442



View Profile
April 21, 2017, 03:33:25 PM

Good morning Bitcoinland.

I see we're still slowly creeping up... currently $1244USD (Bitcoinaverage) after briefly passing $1250.

Conquering $1250 for good could take a few days. Gold is also creeping upward but not as fast as Bitcoin.

Nice to see Stamp holding its own and slowly rising despite the obvious fairly large chunks being sold, probably by people who have bought at Finex in an attempt to get their money out.

Slow and steady wins the race.
JayJuanGee
Legendary
*
Offline Offline

Activity: 1148


Put BTC here: 1GSwznUNG4co5rS3ctmRgtYGcWiHAnwAyj


View Profile
April 21, 2017, 03:56:39 PM

That's the other thing I don't understand.  Nobody in this thread seems to be worried at all about the complete collapse of interest/trading/price in China.  If China fails to be market leader simply by turning off wash trading, and then falls significantly behind the west in price on top of that, it kinda indicates the entire price was just being propped up by fraud in the first place.  They don't call the Chinese the Jews of Asia for nothing.  They're one of the only groups on earth who can compete toe to toe vs the heebs in financial fraud.

have you followed the tether mess? finex has been slowly increasing USDT supply by 125% over the last month.Thats how they've been paying back the BFX tokens and staying a float despite the BTC withdrawals.Its gonna be a huge mess when the whole thing explodes. people should be fucking scared but not they seem happy and euphoric LOL

Can you explain either the logic or the facts in this a little bit better?

I understand that there may have been some fractional reserve type activities in order for Bitfinex to pay back BFX tokens so quickly - however, I don't really understand the USDT connection.

You are suggesting that Bitfinex has been using USDT in the background - however, they do not use USDT on their exchange as an option for their users? 

In essence, you are also saying that USDT is not really backed up 1:1 - and that Bitfinex powers that be have some control over USDT?

Qartada
Sr. Member
****
Offline Offline

Activity: 419

curved edge.mp4


View Profile
April 21, 2017, 04:48:21 PM

Good morning Bitcoinland.

I see we're still slowly creeping up... currently $1244USD (Bitcoinaverage) after briefly passing $1250.

Conquering $1250 for good could take a few days. Gold is also creeping upward but not as fast as Bitcoin.

Nice to see Stamp holding its own and slowly rising despite the obvious fairly large chunks being sold, probably by people who have bought at Finex in an attempt to get their money out.

Slow and steady wins the race.
It's not really slow and steady, it's just slow by Bitcoin's standards.  We're definitely not conquering $1250 for good, it's quite unlikely we've even conquered $1000 for good because we can't foresee the future.

What we can see though is that this is unnatural growth and it's not going to keep going.  It's going to fall soon enough.

york780
Member
**
Offline Offline

Activity: 84

the next 5 years are critical.


View Profile
April 21, 2017, 04:51:03 PM

Good morning Bitcoinland.

I see we're still slowly creeping up... currently $1244USD (Bitcoinaverage) after briefly passing $1250.

Conquering $1250 for good could take a few days. Gold is also creeping upward but not as fast as Bitcoin.

Nice to see Stamp holding its own and slowly rising despite the obvious fairly large chunks being sold, probably by people who have bought at Finex in an attempt to get their money out.

Slow and steady wins the race.
It's not really slow and steady, it's just slow by Bitcoin's standards.  We're definitely not conquering $1250 for good, it's quite unlikely we've even conquered $1000 for good because we can't foresee the future.

What we can see though is that this is unnatural growth and it's not going to keep going.  It's going to fall soon enough.
BTC vs BU, Wu, Roger Ver, Bitfinex, OKcoin, network spam, altcoins, shemes, goverments, banks etc etc. Who will win?

BTC here for more good charts and trading advice : 1AtPziQf3vYNV9ppLba6USdn1auVwD6a3z
JayJuanGee
Legendary
*
Offline Offline

Activity: 1148


Put BTC here: 1GSwznUNG4co5rS3ctmRgtYGcWiHAnwAyj


View Profile
April 21, 2017, 05:08:12 PM

Good morning Bitcoinland.

I see we're still slowly creeping up... currently $1244USD (Bitcoinaverage) after briefly passing $1250.

Conquering $1250 for good could take a few days. Gold is also creeping upward but not as fast as Bitcoin.

Nice to see Stamp holding its own and slowly rising despite the obvious fairly large chunks being sold, probably by people who have bought at Finex in an attempt to get their money out.

Slow and steady wins the race.
It's not really slow and steady, it's just slow by Bitcoin's standards.  We're definitely not conquering $1250 for good, it's quite unlikely we've even conquered $1000 for good because we can't foresee the future.

What we can see though is that this is unnatural growth and it's not going to keep going.  It's going to fall soon enough.


Looks like someone may have shorted too soon.  You are talking shit when you are suggesting that there is not enough buying support out there.

In terms of what you are saying, I would really like to get a correction to $1,000 - so I can stock up some more, but surely I have enough BTC, even if we do not experience any more meaningful correction in the near future.

Currently, it is not looking like you should be relying on anything below $1,200 because it is possible that you could get left behind at the train station....

Ever since about $600, I have kept thinking that this thing cannot keep going up, and it does... Furthermore, since $600 we have experienced a couple pretty decent corrections, so we do not necessarily need more in order to continue to go UP.....

Like they say, when we are in a bull market, buy the dips... and it seems that we have been in this bull market since about late 2015 and there is no real indication that such bull market is either stopping or reversing.. in spite of various whiners, various bitcoin is deaders, various alt coin pumpers and various other bitcoin nay sayers.    Tongue

JimboToronto
Legendary
*
Offline Offline

Activity: 1442



View Profile
April 21, 2017, 05:16:40 PM

What we can see though is that this is unnatural growth and it's not going to keep going.  It's going to fall soon enough.

Nonsense. Wishful thinking will get you nowhere.

I'm sorry you missed the chance to buy while they were in triple digits.

It's not too late to get them while they're still cheaper than ounces of gold.
Kramerc
Sr. Member
****
Offline Offline

Activity: 362


View Profile
April 21, 2017, 05:18:05 PM

What we can see though is that this is unnatural growth and it's not going to keep going.  It's going to fall soon enough.

Nonsense. Wishful thinking will get you nowhere.

I'm sorry you missed the chance to buy while they were in triple digits.

It's not too late to get them while they're still cheaper than ounces of gold.

Haven't we been hearing this since before $300?

Sour grapes and all...
Qartada
Sr. Member
****
Offline Offline

Activity: 419

curved edge.mp4


View Profile
April 21, 2017, 05:37:07 PM

What we can see though is that this is unnatural growth and it's not going to keep going.  It's going to fall soon enough.

Nonsense. Wishful thinking will get you nowhere.

I'm sorry you missed the chance to buy while they were in triple digits.

It's not too late to get them while they're still cheaper than ounces of gold.

Haven't we been hearing this since before $300?

Sour grapes and all...
You've taken it out of context.  I didn't mean to imply that Bitcoin would fall so dramatically that it wouldn't recover, that it would fail or even that we're moving into a bear market.  I was just saying that when there's growth this quick with no serious positive events to cause it, it's reasonable to think that at the very least there will be a serious correction before it keeps moving forward.

Bitcoin is in a bull market but that doesn't mean there haven't been giant fluctuations in that time.

Searing
Legendary
*
Offline Offline

Activity: 1344


Clueless!


View Profile
April 21, 2017, 05:47:36 PM

This has some btc context. Seq witness is a done deal on LTC.

http://www.coindesk.com/litecoin-miners-back-plan-support-segwit-blockchain-upgrade/



Kramerc
Sr. Member
****
Offline Offline

Activity: 362


View Profile
April 21, 2017, 05:56:16 PM

OK, I might've misunderstood your post but there is no such thing as "unnatural growth", except after a significant top is in, and there are no new buyers coming into the market. Throughout this entire rally there hasn't yet been that moment when people on the wrong side of the market are simply left behind. And that moment that makes lots of newcomers rush to the eco-system, looking to buy everything and anything they can get their hands on.

Did you sell at $800 during the rally to $1140? Had the chance to rebuy at the same price during the dump to $780. Sold at any price during the run-up to $1350? Didn't matter, you could buy in the dump to $890. Market still hasn't "punished" people that want to buy but are too greedy and want to wait for lower prices.

I expect this to happen, sooner rather than later.
JayJuanGee
Legendary
*
Offline Offline

Activity: 1148


Put BTC here: 1GSwznUNG4co5rS3ctmRgtYGcWiHAnwAyj


View Profile
April 21, 2017, 05:57:15 PM

What we can see though is that this is unnatural growth and it's not going to keep going.  It's going to fall soon enough.

Nonsense. Wishful thinking will get you nowhere.

I'm sorry you missed the chance to buy while they were in triple digits.

It's not too late to get them while they're still cheaper than ounces of gold.

Haven't we been hearing this since before $300?

Sour grapes and all...
You've taken it out of context.  I didn't mean to imply that Bitcoin would fall so dramatically that it wouldn't recover, that it would fail or even that we're moving into a bear market.  I was just saying that when there's growth this quick with no serious positive events to cause it, it's reasonable to think that at the very least there will be a serious correction before it keeps moving forward.

Bitcoin is in a bull market but that doesn't mean there haven't been giant fluctuations in that time.

Again more nonsense and back tracking.

Of course, a correction can happen at any time, yet we have already had two fairly significant corrections on the way up from $600.. and another correction is not a necessary condition, as you seem to be asserting based on your suggestion that we are in a bubble or an overly inflated price situation.. .. which you seem to be hoping for down rather than preparing for more up..   Either can happen, of course, but don't over-prepare yourself for down when it might not happen..

JayJuanGee
Legendary
*
Offline Offline

Activity: 1148


Put BTC here: 1GSwznUNG4co5rS3ctmRgtYGcWiHAnwAyj


View Profile
April 21, 2017, 06:21:37 PM

OK, I might've misunderstood your post but there is no such thing as "unnatural growth", except after a significant top is in, and there are no new buyers coming into the market. Throughout this entire rally there hasn't yet been that moment when people on the wrong side of the market are simply left behind. And that moment that makes lots of newcomers rush to the eco-system, looking to buy everything and anything they can get their hands on.

Did you sell at $800 during the rally to $1140? Had the chance to rebuy at the same price during the dump to $780. Sold at any price during the run-up to $1350? Didn't matter, you could buy in the dump to $890. Market still hasn't "punished" people that want to buy but are too greedy and want to wait for lower prices.

I expect this to happen, sooner rather than later.

Wow.. great point.  The punishment point.   Wink

cmacwiz
Full Member
***
Offline Offline

Activity: 214


View Profile
April 21, 2017, 06:39:15 PM

Happy days, the price is creeping up. Whilst nothing overly exciting (long term) a successful assault on $1300 would feel good.

As for BFX, they've had so many problems over the last year or two. I have no idea why people were still willing to leave bitcoin's or USD there. So many warnings but people continued to use them. Fuckinh stupid if you ask me.

Interestingly, bitfinex's determination to fix their problems (bfx tokens) makes them come across as honestly trying. Why would an exchange suddenly act maliciously and fleece everybody, when they have worked hard to make up for their past technical and financial issues? Then again, Gox had (and tried to fix?) problems before the big heist.

When you play with fire, you can get burnt. You can also cook a great steak.
JayJuanGee
Legendary
*
Offline Offline

Activity: 1148


Put BTC here: 1GSwznUNG4co5rS3ctmRgtYGcWiHAnwAyj


View Profile
April 21, 2017, 06:51:42 PM

Happy days, the price is creeping up. Whilst nothing overly exciting (long term) a successful assault on $1300 would feel good.

As for BFX, they've had so many problems over the last year or two. I have no idea why people were still willing to leave bitcoin's or USD there. So many warnings but people continued to use them. Fuckinh stupid if you ask me.

Interestingly, bitfinex's determination to fix their problems (bfx tokens) makes them come across as honestly trying. Why would an exchange suddenly act maliciously and fleece everybody, when they have worked hard to make up for their past technical and financial issues? Then again, Gox had (and tried to fix?) problems before the big heist.

When you play with fire, you can get burnt. You can also cook a great steak.


I have been pondering this a bit too.

My dollar situation on Bitfinex is a bit strange.

In August 2016, just like everyone else who held value on Bitfinex, about 36% of my value on Bitfinex was socialized into BFX tokens, and over about 7 months those BFX tokens were slowly reimbursed.. maybe around 10% of them were reimbursed into dollars between September 2016 and March 2017, even though bitcoin prices doubled during that time.

So, yeah there ended up being opportunity costs to have had value tied up in BFX tokens, but then April 3, Bitfinex reimbursed 100% of all of the then outstanding BFX tokens, which caused my account to have a larger percentage of dollars in the account.

Thereafter, when the bank account drama developed and therefore BTC price disparities, it became less feasible to buy bitcoins with dollars on Bitfinex because the price of bitcoins on Bitfinex turned into about a 5-8% premium.

And, again the price disparity that conveniently came after they had redeemed all BFX tokens seems like another opportunity for insiders on Bitfinex to game the system.

Sure, I don't really want to read malice into coincidences and/or incompetence, but sometimes the longer that the disparity exists, the more opportunities seem to exist for insiders to exploit and make appearances as one thing when other things are going on (isn't that smoke and mirrors?).
 
I guess that I am saying that the situation can become a bit more irritating, when you might hold value there and then you recognize these little ways in which your value is potentially being undermined and/or manipulated in ways that are really difficult to prove.

Again, I am not really much of any kind of conspiracist, but these coincidental disparities continue to cause concerns.

Pages: « 1 ... 16793 16794 16795 16796 16797 16798 16799 16800 16801 16802 16803 16804 16805 16806 16807 16808 16809 16810 16811 16812 16813 16814 16815 16816 16817 16818 16819 16820 16821 16822 16823 16824 16825 16826 16827 16828 16829 16830 16831 16832 16833 16834 16835 16836 16837 16838 16839 16840 16841 16842 [16843] 16844 16845 16846 16847 16848 16849 16850 16851 16852 16853 16854 16855 16856 16857 16858 16859 16860 16861 16862 16863 16864 16865 16866 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!