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MNDan
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May 02, 2017, 05:29:27 AM |
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I kinda wanna stay up for the Bitfinex short ass-pounding, but it's time for bed. $1800 by morning?
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Mervyn_Pumpkinhead
Legendary
 Offline
Activity: 876
Merit: 1000
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May 02, 2017, 05:54:15 AM |
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I think that BTC will rise till the end of this week, so brace yourselves, posts with wet dreams of easy riches are coming.
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BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1115
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May 02, 2017, 06:07:53 AM |
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I don't have enough to be elite, but at least I feel comfortable enough to buy two sandwiches for lunch
Two sandwiches. Like a king!  |
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simmo77
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May 02, 2017, 06:59:00 AM |
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I don't have enough to be elite, but at least I feel comfortable enough to buy two sandwiches for lunch
Two sandwiches. Like a king! bitcoin holders these days  ^ The fucking swagger on that bunny.  Quick straw poll, if you'd be so kind. With the spread of prices I'm curious... Which source do you take your "current BTC price" from? An exchange -> which one? Bitcoinaverage? OTC Vendor price? Thanks |
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unknown04
Full Member
Offline
Activity: 219
Merit: 100
Art is the triumph over chaos
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May 02, 2017, 07:14:43 AM |
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I think that BTC will rise till the end of this week, so brace yourselves, posts with wet dreams of easy riches are coming.
why tho ? any more info to back this up ? |
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Mervyn_Pumpkinhead
Legendary
Offline
Activity: 876
Merit: 1000
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May 02, 2017, 07:42:23 AM |
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I think that BTC will rise till the end of this week, so brace yourselves, posts with wet dreams of easy riches are coming.
why tho ? any more info to back this up ? Several alts have reached a little too far and need some testing of footing, this will cause a temporal rise with BTC. My bet is that it will last till Thursday or Friday. |
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Cassius
Legendary
Offline
Activity: 1764
Merit: 1031
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May 02, 2017, 08:06:34 AM |
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Quick straw poll, if you'd be so kind.
With the spread of prices I'm curious... Which source do you take your "current BTC price" from?
An exchange -> which one? Bitcoinaverage? OTC Vendor price?
Thanks
Stamp for USD. Finex obviously is inflated and it doesn't make sense to use a price you can't actually sell at. Coinfloor for GBP. Strangely prices there are slightly over the odds when converting from USD at the current exchange rate. But since you can really buy and sell real bitcoins for real fiat there, it's a legit price. |
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simmo77
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May 02, 2017, 08:11:07 AM |
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Stamp for USD. Finex obviously is inflated and it doesn't make sense to use a price you can't actually sell at.
Coinfloor for GBP. Strangely prices there are slightly over the odds when converting from USD at the current exchange rate. But since you can really buy and sell real bitcoins for real fiat there, it's a legit price.
Thanks guys. I'm very similar, I ignore Finex and watch Stamp for USD and my local (AUD) vendor Coinjar is always over the odds but its my only convenient option. |
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600watt
Legendary
Offline
Activity: 2338
Merit: 2106
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May 02, 2017, 08:23:21 AM |
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new stamp ath incoming...
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Ted E. Bare
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May 02, 2017, 08:26:30 AM |
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More sandwiches for us.
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yugo23
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May 02, 2017, 08:40:02 AM |
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I kinda wanna stay up for the Bitfinex short ass-pounding, but it's time for bed. $1800 by morning?
Lol, maybe not so much xD But I gotta admit it's a bit of a dream right now... |
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Lauda
Legendary
Offline
Activity: 2674
Merit: 2965
Terminated.
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May 02, 2017, 08:40:29 AM |
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What are the targets for today, $1450 - $1500 on BitStamp? There is some talk about short liquidation if Bitfinex hits $1600 which could slingshot it much further.
Here's fresh data: <gribble> Bitstamp | There are currently 982.38728 bitcoins offered at or under 1500.0 USD, worth 1433594.02869 USD in total. | Data vintage: 0.0343 seconds
<gribble> Bitfinex | There are currently 1312.4168 bitcoins offered at or under 1600.0 USD, worth 2071869.47179 USD in total. | Data vintage: 0.0040 seconds
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mike4001
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May 02, 2017, 08:40:49 AM |
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new stamp ath incoming...
USD 1422 at the moment. Wasn't it a little bit higher yesterday? |
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JayJuanGee
Legendary
Offline
Activity: 3752
Merit: 10428
Self-Custody is a right. Say no to"Non-custodial"
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May 02, 2017, 08:46:45 AM |
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What are the targets for today, $1450 - $1500 on BitStamp? There is some talk about short liquidation if Bitfinex hits $1600 which could slingshot it much further.
Here's fresh data: <gribble> Bitstamp | There are currently 982.38728 bitcoins offered at or under 1500.0 USD, worth 1433594.02869 USD in total. | Data vintage: 0.0343 seconds
<gribble> Bitfinex | There are currently 1312.4168 bitcoins offered at or under 1600.0 USD, worth 2071869.47179 USD in total. | Data vintage: 0.0040 seconds
From your description, it looks like a large majority of those would be liquidated by $1500 and there are only a marginal additional number after $1500... so even somewhere between $1500 and $1600 could be reasonable for this particular pump.. gosh no guarantees, but decent incentives remain.. but we also have to remember that bitfinex is already in the mid $1500s while everyone else is in the mid $1400s.. .. yet getting another $100 out of this pump does not seem to be too fantastical a hypothesis |
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Lauda
Legendary
Offline
Activity: 2674
Merit: 2965
Terminated.
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May 02, 2017, 08:47:43 AM |
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new stamp ath incoming...
USD 1422 at the moment. Wasn't it a little bit higher yesterday? The Bitstamp ATH is $1425. We are ~$3 away from a new one (although the small changes in ATH are irrelevant). You can easy check this out on any chart: https://bitcoinity.org/markets/bitstamp/USDFrom your description, it looks like a large majority of those would be liquidated by $1500 and there are only a marginal additional number after $1500... so even somewhere between $1500 and $1600 could be reasonable for this particular pump.. gosh no guarantees, but decent incentives remain.. but we also have to remember that bitfinex is already in the mid $1500s while everyone else is in the mid $1400s.. .. yet getting another $100 out of this pump does not seem to be too fantastical a hypothesis
The bank transfers in countries that had a holiday yesterday should be processing today. Therefore, I do not see a reason for which this shouldn't continue at least for a little while longer. |
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julian071
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May 02, 2017, 09:43:28 AM |
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This is getting rediculous. I'm starting to feel that selling a good part of my stash a while ago wasn't the great idea I thought it was at the time |
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mainpmf
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May 02, 2017, 09:49:01 AM |
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This is getting rediculous. I'm starting to feel that selling a good part of my stash a while ago wasn't the great idea I thought it was at the time Ahahah Well if you sold just a part, it wasn't maybe such a bad idea. I'm not so sure about the stability of this pump. But for reasons beyond my understanding, it seems to not lose too much momentum... Anyway even with a 100$ correction it would still be a very good month for btc price ^^ |
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AZwarel
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May 02, 2017, 09:53:50 AM |
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This is getting interesting. Wondering if we ever see 3 digits anymore   |
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Lauda
Legendary
Offline
Activity: 2674
Merit: 2965
Terminated.
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May 02, 2017, 10:08:11 AM |
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There are some pathetically desperate bears on Bitstamp: 
Is this all they've got? Here's a gem from the past, i.e. the slaying of a bearwhale (30k BTC): https://www.youtube.com/watch?v=-uX_bB_4VJk |
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Elwar
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
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May 02, 2017, 10:15:52 AM |
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Not much we can do about that. Looks like the price will never go above $1436.  |
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Poll
