micalith
|
|
August 01, 2013, 03:40:15 PM |
|
this 'head and shoulders' you are debating about seems allot like the 'head and shoulders' a few people identified a couple of weeks ago with a similar upwards slant:
|
|
|
|
|
|
|
|
|
According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
QuestionAuthority
Legendary
Offline
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
|
|
August 01, 2013, 04:01:24 PM |
|
There has to be a way to arbitrage and take advantage of this $10 difference in price! Just sitting around and watching this opportunity is making me sick.
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
August 01, 2013, 04:01:57 PM |
|
|
|
|
|
gog1
|
|
August 01, 2013, 04:04:56 PM |
|
There has to be a way to arbitrage and take advantage of this $10 difference in price! Just sitting around and watching this opportunity is making me sick.
It's not true arbitrage as money does not flow freely out of gox.
|
|
|
|
ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
|
|
August 01, 2013, 04:13:33 PM |
|
There has to be a way to arbitrage and take advantage of this $10 difference in price! Just sitting around and watching this opportunity is making me sick.
I already described it: You buy the dips on bitstamp or btc-e then sell the tops. Keep the profit in BTC, send it to gox and sell there. Rinse & repeat & accumulate.
|
|
|
|
QuestionAuthority
Legendary
Offline
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
|
|
August 01, 2013, 04:30:52 PM |
|
There has to be a way to arbitrage and take advantage of this $10 difference in price! Just sitting around and watching this opportunity is making me sick.
I already described it: You buy the dips on bitstamp or btc-e then sell the tops. Keep the profit in BTC, send it to gox and sell there. Rinse & repeat & accumulate. But you have to sell the tops at Gox and you won't be able to cash out before Christmas. lol
|
|
|
|
ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
|
|
August 01, 2013, 04:48:16 PM |
|
There has to be a way to arbitrage and take advantage of this $10 difference in price! Just sitting around and watching this opportunity is making me sick.
I already described it: You buy the dips on bitstamp or btc-e then sell the tops. Keep the profit in BTC, send it to gox and sell there. Rinse & repeat & accumulate. But you have to sell the tops at Gox and you won't be able to cash out before Christmas. lol There is bound to be a catch...
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
August 01, 2013, 05:01:06 PM |
|
|
|
|
|
Kazu
|
|
August 01, 2013, 05:40:05 PM |
|
SELL plz
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
August 01, 2013, 06:01:10 PM |
|
|
|
|
|
ardana123
|
|
August 01, 2013, 06:05:56 PM |
|
There has to be a way to arbitrage and take advantage of this $10 difference in price! Just sitting around and watching this opportunity is making me sick.
only if you have a shitload of cash somewhere in a bank account or something, and are willing to leave it on Gox until they come up with faster withdrawals.
|
|
|
|
ardana123
|
|
August 01, 2013, 06:07:11 PM |
|
[...] Sure, it was only supposed to be indicative. The volume has fallen at each buying period. The below shows it more clearly: Anyway, it will be interesting to see how it pans out. Not being snarky, but honestly wondering: That H+S pattern didn't materialize, right? Or is there something like a double right shoulder?! Correct. Even a perfectly formed H+S pattern may not complete, but statistically, it usually does. I played the head and the right shoulder and made a small profit, but the dip after the right shoulder didn't materialise. you couldn't resist telling us about your profit huh?
|
|
|
|
QuestionAuthority
Legendary
Offline
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
|
|
August 01, 2013, 06:12:44 PM |
|
There has to be a way to arbitrage and take advantage of this $10 difference in price! Just sitting around and watching this opportunity is making me sick.
only if you have a shitload of cash somewhere in a bank account or something, and are willing to leave it on Gox until they come up with faster withdrawals. That's the only solution I can see. But then you increase your exposure risk.
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
|
|
August 01, 2013, 06:38:45 PM |
|
after some chart reading, i can clearly see that the up trend will resume in a few hours! dont make any plans this weekend and fill up on popcorn!
|
|
|
|
fr33d0miz3r
|
|
August 01, 2013, 06:47:12 PM |
|
after some chart reading, i can clearly see that the up trend will resume in a few hours! dont make any plans this weekend and fill up on popcorn! The new "$180"?
|
|
|
|
Traktion
|
|
August 01, 2013, 06:48:19 PM |
|
Correct. Even a perfectly formed H+S pattern may not complete, but statistically, it usually does.
I played the head and the right shoulder and made a small profit, but the dip after the right shoulder didn't materialise.
you couldn't resist telling us about your profit huh? Ha! It was only small, I assure you!
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
|
|
August 01, 2013, 06:51:05 PM |
|
after some chart reading, i can clearly see that the up trend will resume in a few hours! dont make any plans this weekend and fill up on popcorn! The new "$180"? 180 is still my target price, ETA 3 to 8 business days
|
|
|
|
Jozzaboy
Member
Offline
Activity: 98
Merit: 10
|
|
August 01, 2013, 06:52:10 PM |
|
after some chart reading, i can clearly see that the up trend will resume in a few hours! dont make any plans this weekend and fill up on popcorn! The new "$180"? 180 is still my target price, ETA 3 business days Adam and his business days again.... I'm bearish for the first time in months...
|
|
|
|
Kazu
|
|
August 01, 2013, 06:52:32 PM |
|
Why wont the price go to $101.
|
|
|
|
Tzupy
Legendary
Offline
Activity: 2128
Merit: 1074
|
|
August 01, 2013, 06:57:17 PM |
|
It will, very soon. Unfortunately it may drop below 100, which would be a real mess.
PS. I spotted a sudden drop of 3k BTC in sell orders. I'm not yet sure what it means. PS2. And surge back again, more than 4k. People are repositioning their orders.
|
|
|
|
|