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

[billyjoeallen]

I was complaining to CampBX on chat about their lack of volume. They responded "We don't think we have low volume." I pulled all my BTC out an hour later. F@!$%ng amateurs.

[derpinheimer]

I was complaining to CampBX on chat about their lack of volume. They responded "We don't think we have low volume." I pulled all my BTC out an hour later. F@!$%ng amateurs.

Why would you complain about that? Clearly its a tiny exchange.

[dreamspark]

Funny thing is as more and more people pull their coins off exchanges the supply will begin to dwindle 

[ShroomsKit_Disgrace]

I was complaining to CampBX on chat about their lack of volume. They responded "We don't think we have low volume." I pulled all my BTC out an hour later. F@!$%ng amateurs.

LoL! The biggest volume is in tiny-childish countries like "Sloveja", "Eslobeya" or something like that.... Can you believe it my friend??!??!

[JorgeStolfi]

They hate it because because they have missed have biggest opportunity in their life.

Which opportunity are you referring to?  Putting all their money into BTC at 1100 USD, and being forced to sell them at 700 USD?  Or putting all their money into MtGOX and losing it all?

[N12]

Perhaps I am being a little harsh with the exchanges; clearly they are the first attempts by hobbyists and we needed them in the very beginning. But now, we have moved on to a stage where we cannot afford to have experimental exchanges – perhaps even having such exchanges out there with the highest volume is detrimental nowadays. What is sorely needed is professionals who already have experience building financial infrastructure. Wall Street, not basement geek.

Bitstamp leaked their customer email addresses by the way, that's why all the new phishing attempts. Reminiscent of Emptygox 2011. Fuck all the operating major Bitcoin exchanges.

This is just getting stupid. After Im confident of the reversal and fairly sure its choo choo time Im getting all of my funds off exchanges and not trading until im confident in a competent exchange.

I have Bitstamp verified account and I never received the gox scam mail neither the btcguild scam mail or any other bitcoin related scam or spam. I don't think those are connected.

Same here regarding the Bitstamp account, plus my email was not leaked before all this and I only got those mails fairly recently, so I am near certain of eleuthria's conclusion. Have you checked your spam folder? Gmail for example has excellent spam filtering.

[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.

BTC-China is a very strange marketplace, I cannot tell wether they have real trade or just arbitrage.  Anyway they have a lot less volume than Bitstamp. 

Let's see what happens when Huobi starts LTC trading, as its CEO promised.

The thing to consider with LTC is that it is even more concentrated and therefor more manipulated then BTC. When the previous bullrun happened, then there was this first pre-pump, followed by couple of days forcing the price back down and building strong upwards pressure, and then releasing it, creating a very fast surge upwards. It could be the same case here, but hard to tell yet. I'm not very certain about the entire crypto market in China. How much of the market data is faked or how much of the market is actually played by westerners. I think that right now it's best to wait and see if the pumps will be activated or not. If history repeats itself, then there will be this nice opportunity to earn a quick buck. Keeping my fiat in BTC-E for the time being.

[Richy_T]

Damn 

http://www.zerohedge.com/news/2014-03-04/bitcoin-claims-its-first-real-victim

Wow. That's depressing as hell.  Only 28 too. Too young. Just too young.

Probably had other things going on, truth be known. Always sad to see someone go so early though.

[aminorex]

"Kiev snipers hired by Maidan leaders - leaked EU's Ashton phone tape"
http://rt.com/news/ashton-maidan-snipers-estonia-946/

buy buy buy!

wait, that means less chance of war as the west was caught out once again..

sell sell sell!!

The Russian propaganda is strong with this one.

[jl2012]

They hate it because because they have missed have biggest opportunity in their life.

Which opportunity are you referring to?  Putting all their money into BTC at 1100 USD, and being forced to sell them at 700 USD?  Or putting all their money into MtGOX and losing it all?

If you quote please quote the whole thing. I'm referring to those who witnessed the 100x or 1000x appreciation, who learnt bitcoin before 2013.

By the way, I couldn't think of a single reason to put one's all money on gox

[equipoise]

Perhaps I am being a little harsh with the exchanges; clearly they are the first attempts by hobbyists and we needed them in the very beginning. But now, we have moved on to a stage where we cannot afford to have experimental exchanges – perhaps even having such exchanges out there with the highest volume is detrimental nowadays. What is sorely needed is professionals who already have experience building financial infrastructure. Wall Street, not basement geek.

Bitstamp leaked their customer email addresses by the way, that's why all the new phishing attempts. Reminiscent of Emptygox 2011. Fuck all the operating major Bitcoin exchanges.

This is just getting stupid. After Im confident of the reversal and fairly sure its choo choo time Im getting all of my funds off exchanges and not trading until im confident in a competent exchange.

I have Bitstamp verified account and I never received the gox scam mail neither the btcguild scam mail or any other bitcoin related scam or spam. I don't think those are connected.

Same here regarding the Bitstamp account, plus my email was not leaked before all this and I only got those mails fairly recently, so I am near certain of eleuthria's conclusion. Have you checked your spam folder? Gmail for example has excellent spam filtering.

I checked the spam folder just before writing the message. There are no such emails from mtgox or btcguild in any of my email folders including the spam folder.

[N12]

I informed Bitstamp that they had at least a breach on their email list, if not the rest of their system. At first they denied it, but in a follow up they eventually admitted to it.

I think if eleuthria is to be trusted, then there is probably no question in it. Furthermore, Bitstamp themselves distributed email warnings of phishers I think shortly afterwards. It's possible that only a part of the mails were leaked, or that somehow yours wasn't sent to.

If we do some digging, maybe we can get it officially from a Bitstamp rep.

[oda.krell]

Perhaps I am being a little harsh with the exchanges; clearly they are the first attempts by hobbyists and we needed them in the very beginning. But now, we have moved on to a stage where we cannot afford to have experimental exchanges – perhaps even having such exchanges out there with the highest volume is detrimental nowadays. What is sorely needed is professionals who already have experience building financial infrastructure. Wall Street, not basement geek.

Bitstamp leaked their customer email addresses by the way, that's why all the new phishing attempts. Reminiscent of Emptygox 2011. Fuck all the operating major Bitcoin exchanges.

This is just getting stupid. After Im confident of the reversal and fairly sure its choo choo time Im getting all of my funds off exchanges and not trading until im confident in a competent exchange.

I have Bitstamp verified account and I never received the gox scam mail neither the btcguild scam mail or any other bitcoin related scam or spam. I don't think those are connected.

Same here regarding the Bitstamp account, plus my email was not leaked before all this and I only got those mails fairly recently, so I am near certain of eleuthria's conclusion. Have you checked your spam folder? Gmail for example has excellent spam filtering.

I checked the spam folder just before writing the message. There are no such emails from mtgox or btcguild in any of my email folders including the spam folder.

Same here. Doesn't rule out email leak, but I'm not convinced.

"In another email they admitted to it"...  My ass

[N12]

Rule of thumb: If lots of noise is made and Bitstamp does not officially deny the accusation, it is probably true.

[Richy_T]

How does fiat compare to a lottery ticket?

Anything which costs something and the future value cannot be calculated with 100% precision is clearly like a lottery ticket. 

[oda.krell]

Rule of thumb: If lots of noise is made and Bitstamp does not officially deny the accusation, it is probably true.

I agree with that line more or less, but I can think of a lot of other reasons how those mail addresses were acquired. Didn't read yet the link you gave, will do that now though

Edit: Meh. Read it. Not convinced at all, zero evidence. Might as well that the guild leaked ir/was hacked.

[kehtolo]

Bitstamp leaked their customer email addresses by the way, that's why all the new phishing attempts. Reminiscent of Emptygox 2011. Fuck all the operating major Bitcoin exchanges.

This is just getting stupid. After Im confident of the reversal and fairly sure its choo choo time Im getting all of my funds off exchanges and not trading until im confident in a competent exchange.

I have Bitstamp verified account and I never received the gox scam mail neither the btcguild scam mail or any other bitcoin related scam or spam. I don't think those are connected.

Me too.. and i hate posting me too posts. But in this case, i'm in the same boat.. i also had a gox account (that i never used cos i never verified) and got none of these phishing mails.

[N12]

Actually, the OP that eleuthria replies to, is much clearer evidence since he claims to have used a unique email specific to Bitstamp only.

Interesting to know we have 3 people here who did NOT receive them (and probably checked spam folders). It would be good to get to the bottom of this. Maybe ask hazek.

[Hfertig]

Funny thing is as more and more people pull their coins off exchanges the supply will begin to dwindle 

To some extend correct. But you will have less fresh fiat coming to exchanges as people don´t trust them. This could result in less supply and demand, lower volume and higher volatility. There is also the possibility that more people will withdraw their fiat (before it is too late ?). I believe this can only add to the selling pressure we have seen in the last couple of month.

[Threebits]

Big or small exchange? Which is better? I doubt big ones more possibly hacked?