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

[ssmc2]

5k?!
19k??!!

Yasssssss

I need to know when to sell and buy back in lower though lol

[bitserve]

Another shiny day in Bitcoinland (and LTC too )

But I want to share something I have just noticed when I arrived home. Kraken has have some misbehaviour today (again):

If you look at the graphs there have been a very weird spike downwards from 1339€ to €1221.93 with no significant volume.

It's not just a bitcoinwisdom error, as you can also see it as the 24h low mark on Kraken itself.

What's so strange about this? Well, I have a limit order (since a few days ago) to buy BTC at around 1240€ which has NOT been fullfilled... but the price went lower than my buy order?!?! That's obviously a misbehaviour of their trading engine -not the first at all- and I think that may be some tight longs could have been incorrectly liquidated.

Anyone else that have been affected by the misbehaviour, by not having orders executed when they should, or anyone that has been incorrectly liquidated (they shouldn't if limit buy orders would have executed), please contact me.

[walonek]

There are markets below the BTCE!!! Polish markets

[spooderman]

wall at bitstamp gets pulled every time it gets touched.

edit: and rebuilt further back

[Torque]

Well let me get this logic straightened out.

Craig Wright is the man who spent soooo much fkn time and effort trying to convince everyone that he is really Satoshi.

And Satoshi's creation is Bitcoin.

Something near and dear to Satoshi's heart. He loves Bitcoin, it is his baby.

So presumably, it's Wright's baby since he tried to convince everyone that he invented it.

So what does he try to do now with his own beloved creation? Disown it completely by creating a competing blockchain called nChain.

Yeah if I really loved something that I created, that I spent sooooo much time trying to convince others that I created it, and believing that nothing else that came along after could compare or compete, that's exactly what I would do too. /s  

^{(God the fkn balls of that delusional retard scammer...and the depth of his insanity is bottomless)}

[spooderman]

nChain is basically done already. i really hope we don't have to spend as long fighting this one as we did XT/BU etc.

[Torque]

nChain is basically done already. i really hope we don't have to spend as long fighting this one as we did XT/BU etc.

Notice that without any more hacks, bug exploits, exchange insolvencies, fake news, Satoshi unmaskings, fork threats, govt bans, altcoin flippenings, and other crap needed as reasons to crash the Bitcoin market or try and dilute it's market, now the 'media machine' is going to just continue to make up new supposed threats to Bitcoin out of thin air.  They are getting desperate. This will continue ad infinitum. The full court press against Bitcoin will never end.

[sirazimuth]

7/2016 at last  block reward of 25 bitcoins worth approx $15000
 today one block reward of 12.5 bitcoins worth approx $18500

extrapolate that for next halving around 6/24/2020 .....

[explorer]

Another shiny day in Bitcoinland (and LTC too )

But I want to share something I have just noticed when I arrived home. Kraken has have some misbehaviour today (again):

If you look at the graphs there have been a very weird spike downwards from 1339€ to €1221.93 with no significant volume.

It's not just a bitcoinwisdom error, as you can also see it as the 24h low mark on Kraken itself.

What's so strange about this? Well, I have a limit order (since a few days ago) to buy BTC at around 1240€ which has NOT been fullfilled... but the price went lower than my buy order?!?! That's obviously a misbehaviour of their trading engine -not the first at all- and I think that may be some tight longs could have been incorrectly liquidated.

Anyone else that have been affected by the misbehaviour, by not having orders executed when they should, or anyone that has been incorrectly liquidated (they shouldn't if limit buy orders would have executed), please contact me.

In 2013 that was a grievance across pretty much all exchanges.  Kraken seems to be the most easily bogged down exchange lately (weakest infrastructure remaining?), so no real surprise there.  They are too busy adding shitcoins to fix what they've got.  Over a week to respond to a support request?  Screw them, I send my money elsewhere.

[Heater]

Wow- 1 MB transaction with 273 BTC in fees:

https://www.reddit.com/r/btc/comments/69318u/save_the_chain_enclosed_1_mb_transaction_with_273/

I wonder who is behind this??

[Chainsaw]

Wow- 1 MB transaction with 273 BTC in fees:

https://www.reddit.com/r/btc/comments/69318u/save_the_chain_enclosed_1_mb_transaction_with_273/

I wonder who is behind this??

...1MB + 280 bytes.

[jbreher]

Wow- 1 MB transaction with 273 BTC in fees:

https://www.reddit.com/r/btc/comments/69318u/save_the_chain_enclosed_1_mb_transaction_with_273/

I wonder who is behind this??

Fascinating. From OP -

This transaction:
is 1 MB in size,
has 273.99971476 BTC in fees,
contains 99,940 zero-value anyone-can-spend outputs,
can only be included on the blockchain if the maximum block size limit is raised,
creates a direct incentive for miners to upgrade bitcoin.

(emphasis in the original)

Life just gets more and more interesting.

On another note, I thought nChain was just Wright's company. I didn't realize it was also the name of a competing blockchain.

[marcus_of_augustus]

Amazing crop this year.. thank you bitfinex.. awfully ripe though, looking like it's almost time for the harvest  

some people cut flowers once a year ... others log stands of timber.

Don't cut yourself.

[Instamined]

Bitcoin: 77000 unconfirmed transactions and an All Time High.

Makes Sense 

[bones261]

Bitcoin: 77000 unconfirmed transactions and an All Time High.

Makes Sense  

Well, I just sold some of my shitcoin and was making a move to Coinbase to cash out like 0.23 BTC so I can pay a bill or two. Guess that isn't going to happen anytime soon. I'm sure this recent spike in backlogged transaction is some kind of manipulation. I haven't bothered to look, but I'm sure the mempool is full of spam right now.

[jbreher]

Bitcoin: 77000 unconfirmed transactions and an All Time High.

Makes Sense  

Well, I just sold some of my shitcoin and was making a move to Coinbase to cash out like 0.23 BTC so I can pay a bill or two. Guess that isn't going to happen anytime soon. I'm sure this recent spike in backlogged transaction is some kind of manipulation. I haven't bothered to look, but I'm sure the mempool is full of spam right now.

Price is skyrocketing, news of ATH is rampant, and all the backlog is spam.

Couldn't be that the recent trend has people moving funds to/from exchanges. You know, in order to take advantage of unique trading positions. Naah.

Gotta be spam.

Right.

[Instamined]

Bitcoin: 77000 unconfirmed transactions and an All Time High.

Makes Sense  

Well, I just sold some of my shitcoin and was making a move to Coinbase to cash out like 0.23 BTC so I can pay a bill or two. Guess that isn't going to happen anytime soon. I'm sure this recent spike in backlogged transaction is some kind of manipulation. I haven't bothered to look, but I'm sure the mempool is full of spam right now.

Price is skyrocketing, news of ATH is rampant, and all the backlog is spam.

Couldn't be that the recent trend has people moving funds to/from exchanges. You know, in order to take advantage of unique trading positions. Naah.

Gotta be spam.

Right.

It's not low value spam, it's a bunch of Indians moving their life savings.  

[Paashaas]

This is what, the 5th constructive day we see a new ATH?  Thats a pretty rare event for Bitcoin.

Japan is loading up there country with fresh coins, this might escalate the price much higher.

[jjacob]

This is what, the 5th constructive day we see a new ATH?  Thats a pretty rare event for Bitcoin.
Japan is loading up there country with fresh coins, this might escalate the price much higher.

5th constructive day or 5th consecutive day? 
Given the momentum, I am pretty sure we can see many more ATHs in the days to come.

[BlindMayorBitcorn]

Constructing the next ATH be like: