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

[Buffer Overflow]

I pm'd Mark on irc, asking if he is working on re-opening the exchange and he said yes.

I can't wait to send my coins there. So safe.

[hdbuck]

Just an average week in Bitcoinland....

MtGox
Poloniex
Flexcoin
First Meta
BTC-E??
Bitstamp??

i'll bet btc-e shuts down before stamp.

russians know how to run a shady business. so, bitstamp first.

So.. are we having a bet?

[roslinpl]

Just an average week in Bitcoinland....

MtGox
Poloniex
Flexcoin
First Meta
BTC-E??
Bitstamp??

i'll bet btc-e shuts down before stamp.

russians know how to run a shady business. so, bitstamp first.

Bitstamp first

I am thinking of when they will hit vircurex.

And why they did hit Poloniex - this exchange was so bad ...

[slovenc]

what is more possible that we gonna retest 600$ or goin again above 700$ ?

[kehtolo]

what is more possible that we gonna retest 600$ or goin again above 700$ ?

Both are possible.. but i'd say $700 a lot more probable.
We haven't really gone below 650 (ish) recently.. apart from on spike down to 633 or so..

[kkaspar]

Bringing LTC into BTCChina showed perfectly how dead the Chinese market really is. If the same thing would of happened in December, then LTC would have probably had risen to 100$. Now it got one foolish spike up and after that it's pretty dead with showing low demand and weak attempts to rise.

[ardana123]

So is there going to be a stock market crash again soon? I don't know shit about trading regular stock, but I've noticed all the stock indices are above their previous all time highs.

[dreamspark]

I know bitpay is a positive for the community but it is far from an ideal solution.

Twice now Ive tried to pay for things with bitcoin in the last month and both those times the bitpay invoice expired before receiving the coins. So when emailing the company your trying to pay they just say you need to get in touch with bitpay. Is this not a bit ridiculous where the purden of sorting this out falls upon the customer? Surely businesses set up with bitpay should have some sort of support system deal that allows them to speak to someone at Bitpay and not have to wait around. The situation as it is however involves emailing bitpay yourself and that takes forever just to get a reply.

Hardly ideal when your trying to buy a pizza...

[F-bernanke]

I know bitpay is a positive for the community but it is far from an ideal solution.

Twice now Ive tried to pay for things with bitcoin in the last month and both those times the bitpay invoice expired before receiving the coins. So when emailing the company your trying to pay they just say you need to get in touch with bitpay. Is this not a bit ridiculous where the purden of sorting this out falls upon the customer? Surely businesses set up with bitpay should have some sort of support system deal that allows them to speak to someone at Bitpay and not have to wait around. The situation as it is however involves emailing bitpay yourself and that takes forever just to get a reply.

Hardly ideal when your trying to buy a pizza...

Yes, pay on time, not via an exchange...

The 15m window is in place to avoid the volatility risk.

[dreamspark]

I know bitpay is a positive for the community but it is far from an ideal solution.

Twice now Ive tried to pay for things with bitcoin in the last month and both those times the bitpay invoice expired before receiving the coins. So when emailing the company your trying to pay they just say you need to get in touch with bitpay. Is this not a bit ridiculous where the purden of sorting this out falls upon the customer? Surely businesses set up with bitpay should have some sort of support system deal that allows them to speak to someone at Bitpay and not have to wait around. The situation as it is however involves emailing bitpay yourself and that takes forever just to get a reply.

Hardly ideal when your trying to buy a pizza...

Yes, pay on time, not via an exchange...

The 15m window is in place to avoid the volatility risk.

I didnt pay off an exchange but it seems that things have improved since last time this happened. Although it expired I just received an email saying payment was accepted so all good I suppose. Still, its very off putting to prospective adopters if when they are trying to pay with btc if there is a problem they can't deal with the company they are paying.

[KeyserSoze]

Hardly ideal when your trying to buy a pizza...

I had this happen around the holidays once. I had already made quite a few purchases with no issues. Weeks later I tried to make a large purchase at Gyft and it timed out. It was kinda scary. "Did I just lose $1000?" I contacted Gyft and they replied quickly however it took a few days to get refunded. So, loss for Gyft (in that they lost my business since I didn't rebuy), loss for me (since I was trying to get Gyft's extra % discount only available for 24 hours).

It definitely made me wonder how practical it was. It certainly made me realize it couldn't be "the currency of the internet" if it had this many problems being used on the internet. I hold out hope the tools to use it will improve.

[spooderman]

So I can't find any threads here about bitstamp's hiccup yesterday.

Not leaving anything in there until I do.

[Nemo1024]

What hiccough?

[oda.krell]

So I can't find any threads here about bitstamp's hiccup yesterday.

Not leaving anything in there until I do.

Go to the service subforum and the main Bistamp thread: user/hazek just answered my question about this issue. They apologize (sort of) for the glitch, he says happened while they rolled out an engine update, and he says the seller will be reimbursed. Bit monosyllabic, but in principle, the response I was hoping for when I asked yesterday and wrote about in several places.

[dreamspark]

This is the explanation from Bitstamp if you cant be bothered to head to their thread  

Can anyone explain that trade that came out of the api at $633  over 3000btc below the bids?

This was a single event glitch that happened during an update being rolled out to our live trading engine. The update is now deployed and the trade engine is functioning normally.

[N12]

Updating things live, eh? What particular business does that remind me of?

[spooderman]

Thanks guise. Also yeah, come on stamp, we've all seen how not to do things.....

[dreamspark]

Hardly ideal when your trying to buy a pizza...

I had this happen around the holidays once. I had already made quite a few purchases with no issues. Weeks later I tried to make a large purchase at Gyft and it timed out. It was kinda scary. "Did I just lose $1000?" I contacted Gyft and they replied quickly however it took a few days to get refunded. So, loss for Gyft (in that they lost my business since I didn't rebuy), loss for me (since I was trying to get Gyft's extra % discount only available for 24 hours).

It definitely made me wonder how practical it was. It certainly made me realize it couldn't be "the currency of the internet" if it had this many problems being used on the internet. I hold out hope the tools to use it will improve.

Did gyft try and help you out or did they just fob you off to bitpay? I was paying for my vpn at https://www.privateinternetaccess.com and the reply I got was simply not our problem. As I said though it rectified itself which is always a plus but very disconcerting.

On a side note the support guy tried to tell me that the issue was due to me copy pasting the address rather than scanning QR code or hiting pay with bitcoin (which opens local client) he didnt seem to understand that it was three methods of doing the same thing but was more than happy to learn.

[flynn]

So I can't find any threads here about bitstamp's hiccup yesterday.

Not leaving anything in there until I do.

Go to the service subforum and the main Bistamp thread: user/hazek just answered my question about this issue. They apologize (sort of) for the glitch, he says happened while they rolled out an engine update, and he says the seller will be reimbursed. Bit monosyllabic, but in principle, the response I was hoping for when I asked yesterday and wrote about in several places.

This will mislead all these TA-ninja boys for the next 100 days

[spooderman]

So I can't find any threads here about bitstamp's hiccup yesterday.

Not leaving anything in there until I do.

Go to the service subforum and the main Bistamp thread: user/hazek just answered my question about this issue. They apologize (sort of) for the glitch, he says happened while they rolled out an engine update, and he says the seller will be reimbursed. Bit monosyllabic, but in principle, the response I was hoping for when I asked yesterday and wrote about in several places.

This will mislead all these TA-ninja boys for the next 100 days

oh nose! quick!! buy! I mean short all t3n bticinso