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

[TERA]

I really don't get it what does the community have to gain if Bitcoin drops another 50% ?
 
You will probably get more coins at the expense of new members in the community. Unfortunetly Bitcoin is about greed for most of the trolls here which fail to see that Bitcoin actually has improvements over the current financial system and is not just monopoly money.

And as many wise members said before, never trust nobody on the forum, not Tera, fonzie, MatTheCat or other vocal trolls. Its a fact that they are not posting in your interest and most of them have a personal agenda.

Trust only your judgement.

https://bitcointalk.org/index.php?topic=547855.0

No agenda.

I only evaluate the latest TA and correct irrational statements.

I don't TRY to make the market move - I only predict a movement I believe was already occurring anyway.

[Todorius]

I really don't get it what does the community have to gain if Bitcoin drops another 50% ?
 
You will probably get more coins at the expense of new members in the community. Unfortunetly Bitcoin is about greed for most of the trolls here which fail to see that Bitcoin actually has improvements over the current financial system and is not just monopoly money.

And as many wise members said before, never trust nobody on the forum, not Tera, fonzie, MatTheCat or other vocal trolls. Its a fact that they are not posting in your interest and most of them have a personal agenda.

Trust only your judgement.

+1

Well said! 

[niothor]

While everyone is bored, what about the transaction fee fraud Bitstamp is doing?

(I assume most of you trade there)

https://bitcointalk.org/index.php?topic=597647.0

It is weird that nobody had heard of or encountered this situation before or that nobody was double checking their transactions.

If it's something new in the trading script that came with an update it may be a bug but I give only 1% possibility that bitstamp is actually trying to rip off its customers.

my bet is on shitty algorithm that doesn't make any dif unless you run into a wall of small bids.

[TERA]

I really don't get it what does the community have to gain if Bitcoin drops another 50% ?
 
You will probably get more coins at the expense of new members in the community. Unfortunetly Bitcoin is about greed for most of the trolls here which fail to see that Bitcoin actually has improvements over the current financial system and is not just monopoly money.

And as many wise members said before, never trust nobody on the forum, not Tera, fonzie, MatTheCat or other vocal trolls. Its a fact that they are not posting in your interest and most of them have a personal agenda.

Trust only your judgement.

+1

Well said!  

It is not 'well said'. He is making open accusations against specific forum members as being dishonest.

[Boxman90]

While everyone is bored, what about the transaction fee fraud Bitstamp is doing?

(I assume most of you trade there)

https://bitcointalk.org/index.php?topic=597647.0

It is weird that nobody had heard of or encountered this situation before or that nobody was double checking their transactions.

If it's something new in the trading script that came with an update it may be a bug but I give only 1% possibility that bitstamp is actually trying to rip off its customers.

It's been there for a while, but only recently when there is constantly a shitload of <0.002 BTC transactions has this become annoying enough for me to post about. Actually all trades below 0.01 BTC are already affected by this 'trick'.

[billyjoeallen]

hello,

1) just to say it's a plaisure to read you since few days, and see that you talk 99% about the initial topic. ( and not social,  etc...Maybe the ''bet story'' wasn't necessary ;-)  )  

2) Why china rule the BTC world, and not the US ? Is it like this from the begining ?!

China leads now because supply and demand in the West are both relatively constant and predictable.

[p0peji]

I really don't get it what does the community have to gain if Bitcoin drops another 50% ?
 
You will probably get more coins at the expense of new members in the community. Unfortunetly Bitcoin is about greed for most of the trolls here which fail to see that Bitcoin actually has improvements over the current financial system and is not just monopoly money.

And as many wise members said before, never trust nobody on the forum, not Tera, fonzie, MatTheCat or other vocal trolls. Its a fact that they are not posting in your interest and most of them have a personal agenda.

Trust only your judgement.

And you post this as a way to satisfy your craving need to save humanity? (or could it be because you see the value of your BTC falling).

[mmitech]

While everyone is bored, what about the transaction fee fraud Bitstamp is doing?

(I assume most of you trade there)

https://bitcointalk.org/index.php?topic=597647.0

It is weird that nobody had heard of or encountered this situation before or that nobody was double checking their transactions.

If it's something new in the trading script that came with an update it may be a bug but I give only 1% possibility that bitstamp is actually trying to rip off its customers.

my bet is on shitty algorithm that doesn't make any dif unless you run into a wall of small bids.

it is nothing new, I knew about this ages ago, they basically do it because $0.001 doesn't exist so they round it up to $0.01... this will effect you if you have a bot buying $1 at a time (or selling a the effected user), and this is why you don't see many bots at stamp

[N12]

TERA, you've been here long enough to not get offended by a couple of bleeding bullswines resorting to blame posters, traders, idiots, gods, everyone but themselves.

[p0peji]

I really don't get it what does the community have to gain if Bitcoin drops another 50% ?
 
You will probably get more coins at the expense of new members in the community. Unfortunetly Bitcoin is about greed for most of the trolls here which fail to see that Bitcoin actually has improvements over the current financial system and is not just monopoly money.

And as many wise members said before, never trust nobody on the forum, not Tera, fonzie, MatTheCat or other vocal trolls. Its a fact that they are not posting in your interest and most of them have a personal agenda.

Trust only your judgement.

+1

Well said!  

It is not 'well said'. He is making open accusations against specific forum members as being dishonest.

When someone is out of arguments, a well documented next step is to make accusations against a person.

[niothor]

While everyone is bored, what about the transaction fee fraud Bitstamp is doing?

(I assume most of you trade there)

https://bitcointalk.org/index.php?topic=597647.0

It is weird that nobody had heard of or encountered this situation before or that nobody was double checking their transactions.

If it's something new in the trading script that came with an update it may be a bug but I give only 1% possibility that bitstamp is actually trying to rip off its customers.

It's been there for a while, but only recently when there is constantly a shitload of <0.002 BTC transactions has this become annoying enough for me to post about. Actually all trades below 0.01 BTC are already affected by this 'trick'.

If that is true one can only wonder if the ones creating a situation like this are not actually the owners themselves.

gox 2.0 mini version?

[ChartBuddy]

Explanation

[niothor]

While everyone is bored, what about the transaction fee fraud Bitstamp is doing?

(I assume most of you trade there)

https://bitcointalk.org/index.php?topic=597647.0

It is weird that nobody had heard of or encountered this situation before or that nobody was double checking their transactions.

If it's something new in the trading script that came with an update it may be a bug but I give only 1% possibility that bitstamp is actually trying to rip off its customers.

my bet is on shitty algorithm that doesn't make any dif unless you run into a wall of small bids.

it is nothing new, I knew about this ages ago, they basically do it because $0.001 doesn't exist so they round it up to $0.01... this will effect you if you have a bot buying $1 at a time (or selling a the effected user), and this is why you don't see many bots at stamp

I have never used a bot on stamp and also not traded small amount multiple times so I was unaware this might happen.
It's better that I found this out before actually trying to use one and start losing money .

[sonofliberty]

I guarantee it.

[dreamspark]

I guarantee it.

That looks like you predict double figures. Wanna bet on it ?

[sonofliberty]

That looks like you predict double figures.

No it doesn't.

[oda.krell]

While everyone is bored, what about the transaction fee fraud Bitstamp is doing?

(I assume most of you trade there)

https://bitcointalk.org/index.php?topic=597647.0

"fee fraud"... big words, huh?

Fact is, I knew about it, but it doesn't affect me more than for just a few cents (despite large volume), because I don't trade with bots or by splitting up a large trade into many small ones.

I can see how it would affect two types of traders: those that use bots to make many very small trades, and the example from the thread, of putting up a large order, and then having someone else "nibble" at it, thus driving up the relative fees.

Not ideal, but I have to ask: how do you prefer it to work otherwise? Rounding to a full cent seems reasonable, so the only solution I can see it calculating the x% fee they advertise over some time span's volume, as opposed to the volume of each (tiny) trade, which is then rounded up to a cent. I can see how Bitstamp would consider that an unnecessary effort to save some traders a few cent.

In either case, and in the spirit of choosing your words super carefully in here (remember kids, there are Bitcoin /fanatics/ in here, not /cultists/), the term "fraud" is entirely misplaced.

[magicmexican]

Oh the pumps!

[dreamspark]

While everyone is bored, what about the transaction fee fraud Bitstamp is doing?

(I assume most of you trade there)

https://bitcointalk.org/index.php?topic=597647.0

"fee fraud"... big words, huh?

Fact is, I knew about it, but it doesn't affect me more than for just a few cents (despite large volume), because I don't trade with bots or by splitting up a large trade into many small ones.

I can see how it would affect two types of traders: those that use bots to make many very small trades, and the example from the thread, of putting up a large order, and then having someone else "nibble" at it, thus driving up the relative fees.

Not ideal, but I have to ask: how do you prefer it to work otherwise? Rounding to a full cent seems reasonable, so the only solution I can see it calculating the x% fee they advertise over some time span's volume, as opposed to the volume of each (tiny) trade, which is then rounded up to a cent. I can see how Bitstamp would consider that an unnecessary effort to save some traders a few cent.

In either case, and in the spirit of choosing your words super carefully in here (remember kids, there are Bitcoin /fanatics/ in here, not /cultists/), the term "fraud" is entirely misplaced.

By making the minimum trade $5 so the fee is always at least a cent and you cant be conned by 10's of trades at less than a dollar.

EDIT: Plus its not a few cents is it, the OP lost out on $83.

[maximum]

I'll think we'll have some sideways movement for a long time.
The next major push up will come when the EU states start their tax on all financial transactions.