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

[Patel]

I won't put my hands up and surrender...

[surfer43]

Tomorrow's pump and dump coin: BTC

i hope 

[ChartBuddy]

Explanation

[JorgeStolfi]

The problem with Huobi giving a fixed date, is that all the Huobi traders probably moved BTCs to other exchanges in order to buy LTCs ahead of the release.
I wouldn't except the price to skyrocket much more than that. Then of course Huobi must have it's share of slow brained people who might start buying only tomorrow.

According to the table posted by @manfred earlier today, Huobi is the only Chinese exchange that does NOT offer LTC.

Thus the impact of Huobi starting to trade LTC is uncertain.  It seems to have caused the recent drop, but why? (Is there any other explanation for the drop?)

Perhaps it has affected and will affect only the traders that would like to trade LTC, but are too lazy, or too fond of Huobi, to use some other exchange.  There may be enough of them to make a difference.

Perhaps trading LTC on Huobi has special advantages.  How are the fees on other exchanges?

According to Google Translate, item 2 on Huobi's LTC info page seemed to say that there will be some bonus for Huobi customers who will start trading LTC (IIRC; I am unable to get the page now, server overloaded?).

EDIT: got the page.  That, and item 1 says there will be an LTC lottery too.

[JorgeStolfi]

Ok, since the UTC idea is already taken, my plan now is to convince Dogecoin, Bitcoin and Litecoin to merge their blockhains to create the DogBiteCoin.   

[JayJuanGee]

the only flash crash thats going to happen from this point on is when btc-e gets shut down probably this year taking all alts with it

What are your points of contention regarding the problematic nature of BTC e, if any?    Are they NOT transparent enough?  Are they engaged in fractional banking?  What's going on?

no aml/kyc, they don't even ask for name when you sign up, thats where all the stolen btc ends up

I know that I have heard some anecdotal stories of people losing their BTC... on BTC e, also.  However, I question whether those are just made up or exaggerated stories.  I remember one guy had provided me a link to a story.. but in my view, the story did NOT pan out b/c the person was merely sending out negative stories before there was even an issue of a problem.   Surely, it is possible, and maybe I should withdraw some of my BTC from there.. I have about 15 BTC (about 40% of my holdings) on BTCe.

I'm not trying to spread FUD, i will just state a few facts and you can decide for yourself if storing your btc on that exchange is the best idea.
   -No AML/KYC even though they accept US customers same as Liberty Reserve
   -Unknown owners same as Liberty Reserve
   -they still issue USD btc-e codes when all other exchanges stopped a year ago
   -Where criminals/hackers launder stolen btc

the real question is not IF it's going to get shutdown, it's WHEN will it be.

O.k.    I decided to take some advice from 686f646c (as cautioned above), and I moved 9 BTC from BTC e to a Blockchain.info wallet.    It took me nearly a week to accomplish this BTC movement b/c there were technical SNAFUs with my e-mail confirmations to BTC e.  I thought that I had confirmed with BTC e via e-mail, and then after three days, my BTC were still in the transfer section of the BTC e fund.  Thereafter, I submitted a ticket and got some weird-ass quasi non-responsive e-mails from BTC e support, which made me suspect that the BTC e support English skills are NOT too good.   

I then presented my issue in the BTC e troll box, and a couple responders reminded me to make sure that I adequately went through the e-mail confirmation process, which assisted me to identify the problem was that I had NOT properly confirmed. 

Anyhow, now I am fixed, and I have removed 9 BTC from BTC e, and put those 9 BTC into a blockchain wallet.... which also caused me concern, yesterday, when blockchain.info was down for quite a long time (more than 10 hours?)

[solarflare]

O.k.    I decided to take some advice from 686f646c (as cautioned above), and I moved 9 BTC from BTC e to a Blockchain.info wallet.    It took me nearly a week to accomplish this BTC movement b/c there were technical SNAFUs with my e-mail confirmations to BTC e.  I thought that I had confirmed with BTC e via e-mail, and then after three days, my BTC were still in the transfer section of the BTC e fund.  Thereafter, I submitted a ticket and got some weird-ass quasi non-responsive e-mails from BTC e support, which made me suspect that the BTC e support English skills are NOT too good.   

I then presented my issue in the BTC e troll box, and a couple responders reminded me to make sure that I adequately went through the e-mail confirmation process, which assisted me to identify the problem was that I had NOT properly confirmed. 

Anyhow, now I am fixed, and I have removed 9 BTC from BTC e, and put those 9 BTC into a blockchain wallet.... which also caused me concern, yesterday, when blockchain.info was down for quite a long time (more than 10 hours?)

Don't forget to offline some.

[TERA]

Who are these crazy people buying in with this empty orderbook with no bid support now, and on tradingview the macd is down.

[GameStarter]

i can't load btce pages, can you?
edit: thanks, fixed (problem firefox)

[adamstgBit]

i can't load btce pages, can you?

yes i can

19.StillPumping

[roslinpl]

Explanation

little -% but please do not panic Hodl to your nearest BTC and buy more if possible (as I am not telling you what to do - just thinking loud)

[surfer43]

Here we go. Already to 618.7

We are going up! 

[JayJuanGee]

O.k.    I decided to take some advice from 686f646c (as cautioned above), and I moved 9 BTC from BTC e to a Blockchain.info wallet.    It took me nearly a week to accomplish this BTC movement b/c there were technical SNAFUs with my e-mail confirmations to BTC e.  I thought that I had confirmed with BTC e via e-mail, and then after three days, my BTC were still in the transfer section of the BTC e fund.  Thereafter, I submitted a ticket and got some weird-ass quasi non-responsive e-mails from BTC e support, which made me suspect that the BTC e support English skills are NOT too good.   

I then presented my issue in the BTC e troll box, and a couple responders reminded me to make sure that I adequately went through the e-mail confirmation process, which assisted me to identify the problem was that I had NOT properly confirmed. 

Anyhow, now I am fixed, and I have removed 9 BTC from BTC e, and put those 9 BTC into a blockchain wallet.... which also caused me concern, yesterday, when blockchain.info was down for quite a long time (more than 10 hours?)

Don't forget to offline some.

I have NOT gotten that far in my bitcoin storage experiment, yet.   

So, currently, I have coins distributed in Localbitcoins, BTC e, Coinbase and Blockchain.  I am working on traveling, so I remain a little bit worried about the practicality and utility of off-line storage.  But, I realize that, at some point, I will likely need to practice with off line storage.   

Surely, I am looking forward to someday solutions for these kinds of matters, including somehow making it easier to safekeep all my BTC in case anything were to happen to me, then I would be able to pass BTC to my intended heirs rather than donating them to the bitcoin network.

[MAbtc]

Anyone else getting this from BTC-E?

Secure Connection Failed

An error occurred during a connection to btc-e.com. Peer's Certificate has been revoked. (Error code: sec_error_revoked_certificate)

    The page you are trying to view cannot be shown because the authenticity of the received data could not be verified.
    Please contact the website owners to inform them of this problem. Alternatively, use the command found in the help menu to report this broken site.

Still see trades going through but I can't get on...

[PoolMinor]

Off Topic: Fun with Windows
***Save important documents first*****
Open Windows Explorer (not Internet Explorer)
In left pane highlight My Computer then press * on number pad.

[Erdogan]

Ok, since the UTC idea is already taken, my plan now is to convince Dogecoin, Bitcoin and Litecoin to merge their blockhains to create the DogBiteCoin.   

Mybe you are an artist hidden in a scientists body.

[GaliX]

Anyone else getting this from BTC-E?

Secure Connection Failed

An error occurred during a connection to btc-e.com. Peer's Certificate has been revoked. (Error code: sec_error_revoked_certificate)

    The page you are trying to view cannot be shown because the authenticity of the received data could not be verified.
    Please contact the website owners to inform them of this problem. Alternatively, use the command found in the help menu to report this broken site.

Still see trades going through but I can't get on...

well that's because the api is still working.

[arepo]

Who are these crazy people buying in with this empty orderbook with no bid support now, and on tradingview the macd is down.

i guess you're short?

and only fools, i suppose... or we're the fools. time will tell.

[adamstgBit]

O.k.    I decided to take some advice from 686f646c (as cautioned above), and I moved 9 BTC from BTC e to a Blockchain.info wallet.    It took me nearly a week to accomplish this BTC movement b/c there were technical SNAFUs with my e-mail confirmations to BTC e.  I thought that I had confirmed with BTC e via e-mail, and then after three days, my BTC were still in the transfer section of the BTC e fund.  Thereafter, I submitted a ticket and got some weird-ass quasi non-responsive e-mails from BTC e support, which made me suspect that the BTC e support English skills are NOT too good.    

I then presented my issue in the BTC e troll box, and a couple responders reminded me to make sure that I adequately went through the e-mail confirmation process, which assisted me to identify the problem was that I had NOT properly confirmed.  

Anyhow, now I am fixed, and I have removed 9 BTC from BTC e, and put those 9 BTC into a blockchain wallet.... which also caused me concern, yesterday, when blockchain.info was down for quite a long time (more than 10 hours?)

Don't forget to offline some.

I have NOT gotten that far in my bitcoin storage experiment, yet.    

So, currently, I have coins distributed in Localbitcoins, BTC e, Coinbase and Blockchain.  I am working on traveling, so I remain a little bit worried about the practicality and utility of off-line storage.  But, I realize that, at some point, I will likely need to practice with off line storage.  

Surely, I am looking forward to someday solutions for these kinds of matters, including somehow making it easier to safekeep all my BTC in case anything were to happen to me, then I would be able to pass BTC to my intended heirs rather than donating them to the bitcoin network.

its really not very hard.

goto https://www.bitaddress.org/
print out a paper wallet
send coins!

you can even save this page (it will run without internet connection) so you can generate and print these paper wallets on an offline computer, making damn sure these keys only will ever exist on the paper you printed them on.

after printing these keys, i recommend making cutting the paper wallet in half and putting half of the key in safety deposit box in a bank.

because paranoid.

OR try this a super simple 0 headache 100% safe way of generating paper wallets -> http://piperwallet.com/

[seleme]

Anyone else getting this from BTC-E?

Secure Connection Failed

An error occurred during a connection to btc-e.com. Peer's Certificate has been revoked. (Error code: sec_error_revoked_certificate)

    The page you are trying to view cannot be shown because the authenticity of the received data could not be verified.
    Please contact the website owners to inform them of this problem. Alternatively, use the command found in the help menu to report this broken site.

Still see trades going through but I can't get on...

works fine on Chrome, it's Firefox where problems are