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

[TERA2]

Any particular reason why Arb bots are not buying BTC from finex and selling them on Bitstamp, Gdax and Gemini. Surely a spread of 5% plus that Finex had for quite some time would be worth it. I would think the arb bots would be bringing these markets closer together. What is Spoofy up to?  

Bitfinex prices are not real USD but USDT, which is at this moment 2% over USD. That reduces 5% to 3% profit. Also Bitstamp doesn't do USDT. I think Gdax and Gemini neither.

That 3% is probably not worth arbitraging in a so volatile moment like this and Bitfinex adds too much third party risk over other exchanges (which also have some third party risk).

Lastly, you can only do that once if you have the funds already in both exchanges. After that, you need to transfer the funds, pay tx fee's, wait for only god knows how long until the exchange release the withdrawal and it gets enough confirmations on the receiving exchange.

So... in the end a theoretical 5% spread is not that much when all factors taken into consideration.

I thought the arb bots don't actually transfer coins via exchanges very often. I thought they have both assets on both exchanges and simply make the exchanges simultaneously on both exchanges. For example, I use my USDT on Bitfinex to buy BTC and at the exact same time sell some of my BTC on Bitstamp or Gdax. The only time that I would have to worry about transfers is if the supply of one of my assets is low. My understanding was that arb bots do not do"all in" trades, but many small trades, so the don't get stuck having to transfer assets too often.

That only works if the exchanges keep swapping sides.  Normally one is permanently higher than the other.

The amount that coinbase is above other exchanges keeps changing, and during crashes coinbase is lower.

[bones261]

Yes, they start with funds on both exchanges. They execute the trades... and now they have to transfer the funds the other way around.
They could only avoid that when there is also volatility on the spread, and can go +5% to -5%... so they just do the inverse trade... BUT that's usually not the case, and spread remains for a long time. Remember the usual +10 / +15% of Mtgox in its last months?

In fact, arbing is all the time hapenning in all exchanges. The spread you see is usually the point where they consider it is not worth for whatever reason (they are dedicated to that activity, so they must know better).

I really wasn't around for Mt Gox. It was before my time. I was aware of BTC, because I mined it for charity with my GPU in 2013. But ASICs killed that project. In 2014, a BOINC project came up that allowed use of ASICS. I noticed the price of BTC kept going down during that time. I didn't decide to just try and mine for myself and play around with BTC and alts until November 2014.

[arklan]

200+ coin sell on stamp. Some 3 million usd. Jesus.

[TERA2]

It looks like it secretly might want to do one more to somewhere between $8K and $12K. There still wasn't enough volume.

I think you secretly want that to happen, not Bitcoin

Nope I spoke with Bitcoin and it definitely wants to be lower. It doesn't like this cherade of 'wall street' and winklevoss twins and feds and fiat - being another cog in the wheel. Government approval and stock markets were not in the whitepaper, nor were $40 fees. It wants to go back to the underground and then come back up as honey badger.

[criptix]

200+ coin sell on stamp. Some 3 million usd. Jesus.

want me to dump more? 

[realr0ach]

It looks like it secretly might want to do one more to somewhere between $8K and $12K. There still wasn't enough volume.

I think you secretly want that to happen, not Bitcoin

Nope I spoke with Bitcoin and it definitely wants to be lower. It doesn't like this cherade of 'wall street' and winklevoss twins and feds and fiat - being another cog in the wheel. Government approval and stock markets were not in the whitepaper. It wants to go back to the underground and then come back up as honey badger.

JayJuanGee is posting so that's definitely going to cause it's value to decrease.

[criptix]

It looks like it secretly might want to do one more to somewhere between $8K and $12K. There still wasn't enough volume.

I think you secretly want that to happen, not Bitcoin

Nope I spoke with Bitcoin and it definitely wants to be lower. It doesn't like this cherade of 'wall street' and winklevoss twins and feds and fiat - being another cog in the wheel. Government approval and stock markets were not in the whitepaper. It wants to go back to the underground and then come back up as honey badger.

JayJuanGee is posting so that's definitely going to cause it's value to decrease.

make a new vote please - i want to vote sub 10k

[yefi]

Breaking 24777$ prediction game

[...]

LIST MAKING ENDS 25-12-2017  @ 22.00 cet

15/10/2018, based on a rough repeat of 2013's pattern.

[jojo69]

Take a peek into the inner workings. Technical discussion on address format is strangely compelling.
https://bitcointalk.org/index.php?topic=2624630.0

fucking Christ man

my brain...ouch

[TERA2]

Take a peek into the inner workings. Technical discussion on address format is strangely compelling.
https://bitcointalk.org/index.php?topic=2624630.0

fucking Christ man

my brain...ouch

I skimmed this and saw someone refer to end users as 'neurotypicals'

[Toxic2040]

200+ coin sell on stamp. Some 3 million usd. Jesus.

want me to dump more? 

Please?  I could use some more cheap coins.  

[Rosewater Foundation]

Take a peek into the inner workings. Technical discussion on address format is strangely compelling.
https://bitcointalk.org/index.php?topic=2624630.0

fucking Christ man

my brain...ouch

Development and Technical Discussions is where I go when I don't want to just feel dumb. It's where I go when I want to feel really dumb. Works every time.

[fluidjax]

Breaking 24777$ prediction game


SOME HAVE TAKEN A DATE THATS ALLREADY OCCUPIED      -fluidjax
                                                                                       -vito5
                                                                                       -Dotto
                                                                                       -Ibian
                                                                                       -
                                                                                       -
                                                                                       -
              TAKE DIFFRENT DATE PLEASE , THE DATES YOU GUYS PICKED WHERE TAKEN

I'll take

11/02/2018 fluidjax

thanks

[notme]

Breaking 24777$ prediction game


27/12/2017 bikerleszno
30/12/2017 digithusiast
31/12/2017 Raja_MBZ
01/01/2018 elg
02/01/2018 wachtwoord
04/01/2018 d_eddie
05/01/2018 BTCMILLIONAIRE
06/01/2018 HanvanBitcoin
07/01/2018 ghandi
08/01/2018 savetherainforrest
09/01/2018 explorer
10/01/2018 bicoinpsycho
11/01/2018 Bitcoinaire
12/01/2018 speedwheel
13/01/2018 undeadbitcoiner
14/01/2018 northypole
15/01/2018 ivomm
16/01/2018 maca068
17/01/2018 bitcoinvest
18/01/2018 last of the v8s
19/01/2018 mfort312
20/01/2018 1982dre
21/01/2018 flamast2
22/01/2018 RealMachasm
23/01/2018 willope
24/01/2018 kartala
25/01/2018 orpington
26/01/2018 rolling
27/01/2018 LFC_bitcoin
28/01/2018 jojo69
29/01/2018 CristiTCM
30/01/2018 rayX12
31/01/2018 realsteelboy
01/02/2018 twocorn
02/02/2018 mancroofer
03/02/2018 True Myth
04/02/2018 poolminor
05/02/2018 itod
06/02/2018 scheptan
07/02/2018 vapourminer
08/02/2018 alexeft
09/02/2018 siera
12/02/2018 yonton
13/02/2018 Wekkel
14/02/2018 Thekool1s
15/02/2018 starmman
16/02/2018 Globb0
17/02/2018 leveldkrypto
18/02/2018 olesh
19/02/2018 BitCoinBurger
20/02/2018 Paashaas
21/02/2018 flynn
22/02/2018 icygreen
23/02/2018 erisdiscordia
24/02/2018 phil_s
25/02/2018 sirazimuth
26/02/2018 Arriemoller
27/02/2018 yonton
01/03/2018 bones261
06/03/2018 sa_94
07/03/2018 NUFCrichard
08/03/2018 Imbatman
10/03/2018 STT
11/03/2018 badream
13/03/2018 erre
15/03/2018 podyx
17/03/2018 fragout
18/03/2018 fabiorem
21/03/2018 dakustaking76
23/03/2018 nikauforest
31/03/2018 vroom
01/04/2018 somac.
02/04/2018 kurious
05/04/2018 bitcoinbunny
10/04/2018 ludwigvon
11/04/2018 hairymaclairy
27/04/2018 drbrockoin
01/05/2018 sprinkles
02/06/2018 oblox
03/08/2018 toxic2040
05/11/2018 mikenz
31/12/2018 melman2002
12/02/2019 FractalUniverse
21/04/2019 gentlemand
20/02/2020 romneymoney
18/12/2021 luckygenough56


Maybe because its This time of the year we make a small game Just to call 24777$ (CET) the one with the day of breaking This price wins .25 BTC
The list Will be Made after This post So When a date is taking iT cannot been taken again
When the winning date is exactly in the middle of 2 each Will get .25
Oterwhise closest to the winning date wins

LIST MAKING ENDS 25-12-2017  @ 22.00 cet

SOME HAVE TAKEN A DATE THATS ALLREADY OCCUPIED      -fluidjax
                                                                                       -vito5
                                                                                       -Dotto
                                                                                       -Ibian
                                                                                       -
                                                                                       -
                                                                                       -
              TAKE DIFFRENT DATE PLEASE , THE DATES YOU GUYS PICKED WHERE TAKEN

Last update for tonight                                                       MANY PAGES BACK I POSTED MINIMUM ACTIVITIE 50+ TO COME ON THE LIST TO MANY NEW ACCOUNTS GR

March 5 2018 please

[jojo69]

hooo boy, here we go again

[roach_lost]

I think the fact that years ago, everyone knows that solar energy requires massive amount of silver and yet silver failed to stage even a meaningful rally is quite bearish.

That has zero to do with it.  The US produces BARELY ANY silver at all.  They rigged the price of silver to both try and prop up the debt based scam dollar, plus it means the US pays nothing for all the silver it imports.  It also means nations like Mexico give away some of their most precious assets for nothing.  All that is now changing.

Many of these other nations they tried to impoverish on purpose started hoarding gold (like India and numerous arab states).  So now there is no real incentive for organizations like the Pilgrim society to prop up gold and suppress silver.  If anything, there's now more incentive to let silver rise and suppress gold.  None of the world powers want places like India to all become millionaires overnight.  That would just mean the other nations are their slaves, and why would anyone be a slave to India?  The fact India has lots of gold means the price of gold is capped at a certain point but silver can moonshot.

Fort Knox doesn't have the gold there either and JP Morgan has acquired an enormous amount of silver on behalf of the US govt as part of their plan B, C, D, E, F, G when the monetary system blows up; that and strategic reserve. So as you can see, silver is not going to be suppressed much longer since there's no real reason to.  When the metals sector breaks free, they aren't going to try and stop silver from ripping people's faces off.

Even China, which is on Silver Standard for a millennium and was one of the largest silver producer in the world (still is), doesn't care about silver.

There is a reason China now issues silver in the same acrylic, protective capsules as they do gold.  You just haven't seen why yet.

Silver as well as all precious metals have a long future of suppression at least until full blockchain adoption is in place. By then only the inner party will be able to use their blockchain money for pm purchases so everyone will be happy by default.
You will learn not to even want it eventually, particularly when there is absolutely no way to use your tokens to get it and everyone you know was born in the same system.

Haha.  The jews have far overplayed their hand and everyone knows it's them pushing for a cashless society slave system and all the other horrors they're behind. The more they push from here, the faster the rest of the planet will dispose of them for good.  They are the biggest paper tiger that has ever existed and will be shocked at how fast they're exterminated.

https://i.imgur.com/CZcLk55.gif

Hating another group the actual owners want you to hate isn't very enlightened and it is a little disappointing.

Are the odds not very high that the Jews are just another one of the groups they hide behind? It would be too obvious otherwise.
The owners have been generating hatred for groups they can hide behind for all of history, what would be different now?

Having you hate whatever group that is too broad to isolate them is very productive for them so why have you fallen in this trap so deeply despite seeing so much? It would be much easier to realize the reality that is the owners are too small of a group to ever be correctly identified when the scale is that of a major religion or race. It would then be very obvious too that you are being played and there is no meaningful power to you or yours, only occasional appearance of power when someone wins the lottery or does well in the casino. All by design to keep reality going.

If you were part of the owners you would do to others exactly what they do to you, just with a different label, so why not just admit jealousy and live without hatred and always improving yourself, enjoying every tiny amount of real power anonymity allows you to enjoy as long as you keep your thoughts to yourself?

[Rosewater Foundation]

hooo boy, here we go again

[arklan]

Prediction game date request
September 8th 2018
 28/09/2018

[OWZ1337]

hooo boy, here we go again

R.I.P. BITPAY  ===> https://blog.bitpay.com/minimum-invoice-update/

[roach_lost]

hooo boy, here we go again

R.I.P. BITPAY  ===> https://blog.bitpay.com/minimum-invoice-update/

BTC winter starts now.