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Voodah
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December 19, 2013, 03:38:25 PM |
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from 380 to 680 in 1 day. no cheap coins for rpietila.  Still fixated on rpietila I see.... Also, he probably bought whatever amount he wanted to buy. |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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tarmi
Legendary
 Offline
Activity: 1218
Merit: 1010
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December 19, 2013, 03:40:34 PM |
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from 380 to 680 in 1 day. no cheap coins for rpietila. Still fixated on rpietila I see.... Also, he probably bought whatever amount he wanted to buy. are you sure? why is bitstamp leading this rally? prices higher then gox means that there is a shortage of coins there. good time now to move from gox. |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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December 19, 2013, 03:47:10 PM |
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from 380 to 680 in 1 day. no cheap coins for rpietila. Still fixated on rpietila I see.... Also, he probably bought whatever amount he wanted to buy. are you sure? why is bitstamp leading this rally? prices higher then gox means that there is a shortage of coins there. good time now to move from gox. no bitcoins nor litecoins to lend at bitfinex, guess the rally was for that reason. They thought people won't be able to short without coins to lend. |
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damiano
Legendary
Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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December 19, 2013, 03:48:46 PM |
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stamp going down now
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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December 19, 2013, 03:49:32 PM |
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Stamp is not higher than gox, Stamp is at $659 and Gox is at $685
now., but half an hour ago there was attempt to fuck over people who are shorting on Bitfinex. They emptied lending btc offers, than started rally hoping people won't have anything to meet them with. Clever idea. |
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JimboToronto
Legendary
Offline
Activity: 3990
Merit: 4449
You're never too old to think young.
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December 19, 2013, 03:49:58 PM |
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One thing my Bitcoin experiences have taught me is that reason cannot be used to foresee price movements..
It still works better than traditional TA though.  |
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tarmi
Legendary
Offline
Activity: 1218
Merit: 1010
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December 19, 2013, 03:51:58 PM |
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from 380 to 680 in 1 day. no cheap coins for rpietila. Still fixated on rpietila I see.... Also, he probably bought whatever amount he wanted to buy. are you sure? why is bitstamp leading this rally? prices higher then gox means that there is a shortage of coins there. good time now to move from gox. no bitcoins nor litecoins to lend at bitfinex, guess the rally was for that reason. They thought people won't be able to short without coins to lend. smart move. buying now more coins will make the situation at bitstamp even worse. |
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 19, 2013, 04:01:50 PM |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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December 19, 2013, 04:10:56 PM |
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from 380 to 680 in 1 day. no cheap coins for rpietila. Still fixated on rpietila I see.... Also, he probably bought whatever amount he wanted to buy. are you sure? why is bitstamp leading this rally? prices higher then gox means that there is a shortage of coins there. good time now to move from gox. no bitcoins nor litecoins to lend at bitfinex, guess the rally was for that reason. They thought people won't be able to short without coins to lend. smart move. buying now more coins will make the situation at bitstamp even worse. yeah, that's the risk of leveraged trading there. |
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MicroFi
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December 19, 2013, 04:12:27 PM |
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Looks like a double top is forming.
I think we might go down from here on ...
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seldon
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December 19, 2013, 04:13:00 PM |
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Mtgox is trying to stay in the front so hard but is not addressing the one and most important issue "withdrawals"
In real life, traders would avoid a market that lets them sell their wares but will not allow them to take their money out. So, if people cannot take their old-fashioned currency out of MtGox, why are people using it? SEPA withdrawals work just fine - so this is a US-problem guys. |
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granathus
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December 19, 2013, 04:18:26 PM |
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Looks like a double top is forming.
I think we might go down from here on ...
Yup, i stopped hodling and went deep into fiat. No reason for market to have recovered this fast, we will go back to 500's. |
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Voodah
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December 19, 2013, 04:20:01 PM |
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Mtgox is trying to stay in the front so hard but is not addressing the one and most important issue "withdrawals"
In real life, traders would avoid a market that lets them sell their wares but will not allow them to take their money out. So, if people cannot take their old-fashioned currency out of MtGox, why are people using it? SEPA withdrawals work just fine - so this is a US-problem guys. Have you been using them regularly? How long do they take? |
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byronbb
Legendary
Offline
Activity: 1414
Merit: 1000
HODL OR DIE
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December 19, 2013, 04:20:41 PM |
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from 380 to 680 in 1 day. no cheap coins for rpietila. Still fixated on rpietila I see.... Also, he probably bought whatever amount he wanted to buy. are you sure? why is bitstamp leading this rally? prices higher then gox means that there is a shortage of coins there. good time now to move from gox. no bitcoins nor litecoins to lend at bitfinex, guess the rally was for that reason. They thought people won't be able to short without coins to lend. smart move. buying now more coins will make the situation at bitstamp even worse. yeah, that's the risk of leveraged trading there. The short squeeeeeeezzee. Can still go back down once the juice has been extracted. This is why leverage is so dangerous. Big players can manipulate the underlying asset. |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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December 19, 2013, 04:23:16 PM |
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Looks to me, Bitstamp wouldn't have a third of it's traffic if it is not due to Bitfinex leveraged trading.
Bitfinex went down 10 minutes ago for server moving and Bitstamp is suddenly very quiet.
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11ams
Newbie
Offline
Activity: 56
Merit: 0
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December 19, 2013, 04:24:23 PM |
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Looks to me, Bitstamp wouldn't have a third of it's traffic if it is not due to Bitfinex leveraged trading.
Bitfinex went down 10 minutes ago for server moving and Bitstamp is suddenly very quiet.
Did Bitfinex give an ETA on how long they were going to be down? |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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December 19, 2013, 04:26:09 PM |
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Looks to me, Bitstamp wouldn't have a third of it's traffic if it is not due to Bitfinex leveraged trading.
Bitfinex went down 10 minutes ago for server moving and Bitstamp is suddenly very quiet.
Did Bitfinex give an ETA on how long they were going to be down? Half an hour. |
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damiano
Legendary
Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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December 19, 2013, 04:26:45 PM |
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Looks to me, Bitstamp wouldn't have a third of it's traffic if it is not due to Bitfinex leveraged trading.
Bitfinex went down 10 minutes ago for server moving and Bitstamp is suddenly very quiet.
Did Bitfinex give an ETA on how long they were going to be down? 30 mins to hour |
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