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

[BarkinTree]

http://www.reddit.com/r/Bitcoin/comments/1r4d6t/bitstamps_streaming_api_and_exploitation/

ty. interesting.

This explains some odd behavior but it's not a big deal.

This is a monstrous fuckup of enormous proportions, if this is true then their trading engine is broken beyond repair and should be taken down and replaced by something else immediately!

Right, out of order execution is not acceptable.

I dunno. It just depends on the matching algorithm. It may not be industry best practices but I don't see that it necessarily shouldn't be acceptable in and of itself.

when my bid didnt fill and should have, i had to go on and chase price up so yeah i lost money, fuck bitstamp

[1714660956]

1714660956

[adamstgBit]

It's always a sure buy whenever Adam becomes bearish.

I am NEVER wrong

you have been warned.

[notme]

I don't give a shit what some poor kids think in a third world country (or america).
I just love to hear/read my bullshit in this forum.

So come on! buy more! We need more to the moon topics.

People like you are why I'm seriously considering leaving the US.

I'm not US resident.
We just have lots of dirty fiat from US tax evaders.

Well where do you live so I can cross that country off my list too.... I'm so sick of the arrogance of people in America and Europe.

fyi "America" does not mean "United States"..... just thought you should know, as long as we are on this topic  

Thanks for telling me what I already know .  I chose the words I used carefully.

[Odalv]

http://www.reddit.com/r/Bitcoin/comments/1r4d6t/bitstamps_streaming_api_and_exploitation/

ty. interesting.

This explains some odd behavior but it's not a big deal.

This is a monstrous fuckup of enormous proportions, if this is true then their "trading engine" is broken beyond repair (it wouldn't even deserve the name "trading engine" anymore) and should be taken down and replaced by something else immediately!

From Bitstamp:    How does instant order work?

When you place an instant order, we add an order at the current bid or ask price (depending on the type of the order). If there is not enough bitcoins available at that price, your order will remain open until someone sells or buys additional bitcoins at that price. Our trading engine will then reposition your order every 10 minutes to the current order book offer.

[seleme]

I don't give a shit what some poor kids think in a third world country (or america).
I just love to hear/read my bullshit in this forum.

So come on! buy more! We need more to the moon topics.

People like you are why I'm seriously considering leaving the US.

I'm not US resident.
We just have lots of dirty fiat from US tax evaders.

Well where do you live so I can cross that country off my list too.... I'm so sick of the arrogance of people in America and Europe.

It's not about country, it's about individuals.

Mirsad is most probably a child of people who went to Switzerland from my own country, or at least my area, it's a name specific for Balkans... you know, that type of poor sods who start thinking they are something special day after they find their way from misery and make their first 1k. Or more precisely - cunts.

[Rampion]

http://www.reddit.com/r/Bitcoin/comments/1r4d6t/bitstamps_streaming_api_and_exploitation/

ty. interesting.

This explains some odd behavior but it's not a big deal.

This is a monstrous fuckup of enormous proportions, if this is true then their trading engine is broken beyond repair and should be taken down and replaced by something else immediately!

Right, out of order execution is not acceptable.

I dunno. It just depends on the matching algorithm. It may not be industry best practices but I don't see that it necessarily shouldn't be acceptable in and of itself.

Read again. If what it's written it's true, then their trading engine is exploitable - an exploitable trading engine is NOT acceptable, it's a SCAM

[BarkinTree]

You, sir, are not heeding my words. You have another 24 hours - 7 days to get back on this train. There's going to be a lot of resistance levels in that time period, but we are still in a bill market and the bear trap has been confirmed.

cant be sure this isnt the epic bull trap that would be expected after the "pop"....wont know until we see a local top and then see where it bounces....

[ChartBuddy]

[Miz4r]

It's always a sure buy whenever Adam becomes bearish.

I am NEVER wrong

you have been warned.

Thanks now I'm even more certain.

[BarkinTree]

I don't give a shit what some poor kids think in a third world country (or america).
I just love to hear/read my bullshit in this forum.

So come on! buy more! We need more to the moon topics.

People like you are why I'm seriously considering leaving the US.

I'm not US resident.
We just have lots of dirty fiat from US tax evaders.

Well where do you live so I can cross that country off my list too.... I'm so sick of the arrogance of people in America and Europe.

fyi "America" does not mean "United States"..... just thought you should know, as long as we are on this topic  

Thanks for telling me what I already know .  I chose the words I used carefully.

oh? because the bolded made it pretty clear to me. so when you say "America" here, you mean to say that Central Americans, South Americans, Brazilians -- are arrogant like people in your country?

[notme]

I don't give a shit what some poor kids think in a third world country (or america).
I just love to hear/read my bullshit in this forum.

So come on! buy more! We need more to the moon topics.

People like you are why I'm seriously considering leaving the US.

I'm not US resident.
We just have lots of dirty fiat from US tax evaders.

Well where do you live so I can cross that country off my list too.... I'm so sick of the arrogance of people in America and Europe.

It's not about country, it's about individuals.

Mirsad is most probably a child of people who went to Switzerland from my own country, or at least my area, it's a name specific for Balkans... you know, that type of poor sods who start thinking they are something special day after they find their way from misery and make their first 1k. Or more precisely - cunts.

Certain cultures encourage this type of mindset.  It is those cultures I would prefer to avoid.

[seleme]

I don't miss Adam's "180 on Saturday" to be honest 

[notme]

I don't give a shit what some poor kids think in a third world country (or america).
I just love to hear/read my bullshit in this forum.

So come on! buy more! We need more to the moon topics.

People like you are why I'm seriously considering leaving the US.

I'm not US resident.
We just have lots of dirty fiat from US tax evaders.

Well where do you live so I can cross that country off my list too.... I'm so sick of the arrogance of people in America and Europe.

fyi "America" does not mean "United States"..... just thought you should know, as long as we are on this topic  

Thanks for telling me what I already know .  I chose the words I used carefully.

oh? because the bolded made it pretty clear to me. so when you say "America" here, you mean to say that Central Americans, South Americans, Brazilians -- are arrogant like people in your country?

Yes, I mean to say that many Central and South Americans are also arrogant, although there are obviously differences.

South America in particular has many countries with serious socialism/entitlement problems.

That said, the US does take it to a whole new level.

[seleme]

I don't give a shit what some poor kids think in a third world country (or america).
I just love to hear/read my bullshit in this forum.

So come on! buy more! We need more to the moon topics.

People like you are why I'm seriously considering leaving the US.

I'm not US resident.
We just have lots of dirty fiat from US tax evaders.

Well where do you live so I can cross that country off my list too.... I'm so sick of the arrogance of people in America and Europe.

It's not about country, it's about individuals.

Mirsad is most probably a child of people who went to Switzerland from my own country, or at least my area, it's a name specific for Balkans... you know, that type of poor sods who start thinking they are something special day after they find their way from misery and make their first 1k. Or more precisely - cunts.

Certain cultures encourage this type of mindset.  It is those cultures I would prefer to avoid.

That's true though.

[spike420211]

aorn, the Yuan/USD BTC price ratio has stabilized at around 6.5 to 7.0,
much closer to Forex's 6.1 Yuan/USD.
As opposed to 3-4 days ago the Yuan/USD BTC price ratio was about 9+!
I don't believe it's a bubble... 650-750 will be defined as a stable floor for BTC.

[Richy_T]

Read again. If what it's written it's true, then their trading engine is exploitable - an exploitable trading engine is NOT acceptable, it's a SCAM

It depends on what you mean by exploitable.

Alice bids 1btc at $10
Bob bids 0.5BTC at $100
Charlie Asks 1btc at $5

In order execution, Alice gets fulfilled, Charlie gets $10 (is that right or does Alice get for $5 or what?)

Out of order, Charlie gets 0.5*100 + 0.5*10 (or does he still get just $5).

I don't really know enough about the matching algorithm to comment further but maybe someone can run with this scenario then explain the exploitation aspect. I always appreciate being educated.

[BarkinTree]

I don't give a shit what some poor kids think in a third world country (or america).
I just love to hear/read my bullshit in this forum.

So come on! buy more! We need more to the moon topics.

People like you are why I'm seriously considering leaving the US.

I'm not US resident.
We just have lots of dirty fiat from US tax evaders.

Well where do you live so I can cross that country off my list too.... I'm so sick of the arrogance of people in America and Europe.

fyi "America" does not mean "United States"..... just thought you should know, as long as we are on this topic  

Thanks for telling me what I already know .  I chose the words I used carefully.

oh? because the bolded made it pretty clear to me. so when you say "America" here, you mean to say that Central Americans, South Americans, Brazilians -- are arrogant like people in your country?

Yes, I mean to say that many Central and South Ameicans are also arrogant, although there are obviously differences.

South America in particular has many countries with serious socialism/entitlement problems.

what does socialism/entitlement have to do with arrogance? do you have the experience to believe what you say, or do you just make generalizations based on some right libertarian perspective of political system?

u.s. = fuck the poor, dick ride corporations. and u.s. has some of most arrogant people in the world, no question. so what does socialist context have to do with it?

[bitcodo]

Walls; big, small, flashing,...

[adamstgBit]

everyone will be subscribing to bitmovements after this.  

[NewLiberty]

http://www.reddit.com/r/Bitcoin/comments/1r4d6t/bitstamps_streaming_api_and_exploitation/

ty. interesting.

This explains some odd behavior but it's not a big deal.

This is a monstrous fuckup of enormous proportions, if this is true then their trading engine is broken beyond repair and should be taken down and replaced by something else immediately!

Right, out of order execution is not acceptable.

You might be surprised which exchanges do out of order execution...
http://www.zerohedge.com/contributed/2013-11-04/wall-street-code-released

**SPOILER ALERT**
They all do, if you know the back channel op codes, and are an insider.
The SEC seems to be turning a blind eye so far, we will see.  This story is still developing.