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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26963094 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. (174 posts by 1 users with 9 merit deleted.)
podyx
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May 17, 2017, 03:01:54 AM


Meanwhile ripple has gone from about $15 to $1k in the last 2 months in relation to bitcoin price

Healthy organic growth, don't you think?

I didn't make any money on its way up, but I will do on its way down Smiley


Where do you short it?
bitserve
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May 17, 2017, 03:06:54 AM


Meanwhile ripple has gone from about $15 to $1k in the last 2 months in relation to bitcoin price

Healthy organic growth, don't you think?

I didn't make any money on its way up, but I will do on its way down Smiley


Where do you short it?

Poloniex, but let me tell you that if I had shorted it the first time I thought about it, I would be broke by now Wink

It's very risky to short an altcoin with a crazy unexplained rise.... and markets can remain irrational longer than you can remain solvent.
White sugar
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May 17, 2017, 03:08:45 AM

Is this the start of the pump to 2k USD? Look at those volume bars.



volume can be high on dumps too

we also are in the middle of a network spam attack
Okurkabinladin
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May 17, 2017, 03:09:06 AM

So far it unfolds very much like 2013 bubble did. Altcoins shortly making boosts during bitcoin correction - then more growth (wave 5?) for Bitcoin.

Quite exciting and eventful year for all of us.
deepcolderwallet
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May 17, 2017, 03:25:18 AM

What's going on bitstamp?
Why this spread??
A few minutes ago spread got over 40 $!!!
marcus_of_augustus
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May 17, 2017, 03:32:20 AM

shorts be like







Ted E. Bare
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Bear with me


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May 17, 2017, 03:32:38 AM

What's going on bitstamp?
Why this spread??
A few minutes ago spread got over 40 $!!!


It's not called Bearstamp for nothing.
deepcolderwallet
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May 17, 2017, 03:36:48 AM

What's going on bitstamp?
Why this spread??
A few minutes ago spread got over 40 $!!!


It's not called Bearstamp for nothing.

Look at the candles size @ 30 min chart!
bitserve
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May 17, 2017, 03:42:40 AM

What's going on bitstamp?
Why this spread??
A few minutes ago spread got over 40 $!!!


It's not called Bearstamp for nothing.

Look at the candles size @ 30 min chart!

Yep, really weird. It scared me at first, but after seeing it didn't have any impact on kraken price I decided to ignore it.
Whatever is hapenning on Bitstamp, it's happening just there.

Also, notice how even BTC-E is higher price than Bitstamp now.
Okurkabinladin
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May 17, 2017, 03:48:48 AM

What's going on bitstamp?
Why this spread??
A few minutes ago spread got over 40 $!!!


It's not called Bearstamp for nothing.

It might be the only major western exchange that is not completely owned by insiders.

I wouldnt discount its influence.
BlindMayorBitcorn
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May 17, 2017, 03:57:50 AM


Meanwhile ripple has gone from about $15 to $1k in the last 2 months in relation to bitcoin price

Healthy organic growth, don't you think?

I didn't make any money on its way up, but I will do on its way down Smiley


Where do you short it?

Poloniex, but let me tell you that if I had shorted it the first time I thought about it, I would be broke by now Wink

It's very risky to short an altcoin with a crazy unexplained rise.... and markets can remain irrational longer than you can remain solvent.

Hope you got some crystal balls..
explorer
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May 17, 2017, 04:00:34 AM

WTF!

Talking about fees I have just made my first Monero transaction, from Kraken to Poloniex. As I always do to check everything is ok, I have sent one single XMR, before sending the rest.

Ok, here comes the shocking part:

XXXXX   05-17-17 XXXXXX +XXXX   Monero   ɱ0.95000   ɱ0.05000 Success
   
WTF again!? A 5% fee?Huh

I have never had any problem with fees paid by Kraken (it doesn't let you specify it) with BTC or any other coins so I have to assume that there are other coins with MUCH WORSE transactions fees?

This is crazy.

P.S.: Considering XMR is now around 25€, that's 1.25€....


That is dictated by the exchange, not XMR.  They tend to use a fixed fee that is favorable to themselves, but clearly have not adjusted it to reflect the rise in value.  Being in their favor, I wouldn't expect any action soon, nor any sort of response from support this month.  Kraken is too busy adding shitcoins to make what they've got work smoothly, so it is no surprise.  Sending XMR from YOUR wallet is much more reasonable.
elite3000
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May 17, 2017, 04:03:10 AM

What's going on bitstamp?
Why this spread??
A few minutes ago spread got over 40 $!!!


It's not called Bearstamp for nothing.

During the last rally to almost $1900 they were almost $100 above btc-e, now they are $20 below btc-e

podyx
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May 17, 2017, 04:05:31 AM

What's going on bitstamp?
Why this spread??
A few minutes ago spread got over 40 $!!!


It's not called Bearstamp for nothing.

During the last rally to almost $1900 they were almost $100 above btc-e, now they are $20 below btc-e



It should be closer to $1780.

I assume it's people that is buying/selling for ripple based on the short term volatility.
bitserve
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May 17, 2017, 04:32:22 AM


That is dictated by the exchange, not XMR.  They tend to use a fixed fee that is favorable to themselves, but clearly have not adjusted it to reflect the rise in value.  Being in their favor, I wouldn't expect any action soon, nor any sort of response from support this month.  Kraken is too busy adding shitcoins to make what they've got work smoothly, so it is no surprise.  Sending XMR from YOUR wallet is much more reasonable.

I don't use software wallets anymore and my hardware wallet doesn't have support for XMR, so that's why I decided to send  them to Polo to increase my collateral. Thanks for the explanation, it seemed very crazy that XMR had even higher fees than BTC.
spiderbrain
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May 17, 2017, 05:55:42 AM

And finally Bitstamp joins the party and breaks out of the wedge.
ErisDiscordia
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Imposition of ORder = Escalation of Chaos


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May 17, 2017, 06:08:08 AM

That is an impressive pump at Stamp  Shocked

Every time I expect a deeper correction and/or longer consolidation, Bitcoin just keeps surprising me!

2000$ soon?
Karartma1
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May 17, 2017, 06:33:27 AM

total mkt cap of crypto (available supply) will approach 100 bil $ soon  imho

Market cap of crypto is a totally meaningless statistic. This isn't like a public company, where the market cap is approximately the price to buy the entire company. You cannot buy all the bitcoins.

The above totally deserves an endless quote!
Searing
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May 17, 2017, 06:35:08 AM

That is an impressive pump at Stamp  Shocked

Every time I expect a deeper correction and/or longer consolidation, Bitcoin just keeps surprising me!

2000$ soon?

Any clue on why the pump now? Or is it just 'bitcoin being bitcoin"

(bitcoin is berry,berry mysterious to me!)

curious if I missed some kinda news on why BTC is pumping.....

(thou come to think of it ...I did dump my current LTC mining hoard into 8 btc yesterday....like minds?)



ErisDiscordia
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Imposition of ORder = Escalation of Chaos


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May 17, 2017, 06:36:55 AM


Any clue on why the pump now? Or is it just 'bitcoin being bitcoin"

I think it's just Bitcoin breaking out of a wedge it formed after the last run-up.
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