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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26370735 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
jaberwock
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August 16, 2014, 08:13:05 AM

Why people care so much about Bitfinex? They don't have volume like the chinese, or even like Bitstamp, and I guess they don't even have a trollbox, like btc-e

The chinese exchanges are irrelevant too, it's bots trading with each other, it's too hard to get money on a chinese exchange now. The chinese are more or less out of bitcoin for now.



Hard to get money out of the chinese exchanges? True?

Are we about to see a Gox 2.0 with steroids?
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JorgeStolfi
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August 16, 2014, 08:19:15 AM

Hard to get money out of the chinese exchanges? True?
AFAIK CNY withdrawals via bank transfer are stil working.  CNY cannot be deposited by bank transfer, but Huobi apparently still has a rechargeable card system, and OKCoin had brokers who could move moey in.  There is no rstriction on BTC deposits or withdrawals.

But my impression, from the last CEO interviews I have seen, is that the long-term situation is not good, and they may lose even those limited CNY input chanels that they still have.  Hence their decision to open "international" branches.
ShroomsKit
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August 16, 2014, 08:30:31 AM

And here we go again. These idiots just won't stop.
ShroomsKit
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August 16, 2014, 08:31:53 AM

2k from the bid side gone. This can get ugly again.
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August 16, 2014, 08:37:52 AM

Goodbye 490's, was nice to see you downhill
MrPiggles
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August 16, 2014, 08:41:06 AM

Why people care so much about Bitfinex? They don't have volume like the chinese, or even like Bitstamp, and I guess they don't even have a trollbox, like btc-e

The chinese exchanges are irrelevant too, it's bots trading with each other, it's too hard to get money on a chinese exchange now. The chinese are more or less out of bitcoin for now.



Hard to get money out of the chinese exchanges? True?

Are we about to see a Gox 2.0 with steroids?

I never said out I said on, and it's been the case for months, it's not about to cause anything, stop looking for FUD
mmitech
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August 16, 2014, 08:41:50 AM

good morning, a shameless $5 million on the bid side....


niothor
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August 16, 2014, 08:42:47 AM

Goodbye 490's, was nice to see you downhill

Can you please let me know what was so good and is so good in watching bitcoin price going down?

I don't care too much about the current drop but there are a few people who really amaze me with their joy ...
MrPiggles
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August 16, 2014, 08:44:14 AM

Goodbye 490's, was nice to see you downhill

Can you please let me know what was so good and is so good in watching bitcoin price going down?

I don't care too much about the current drop but there are a few people who really amaze me with their joy ...

MrPiggles
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August 16, 2014, 08:45:49 AM

good morning, a shameless $5 million on the bid side....




if it was that easy why did Tim Draper and hedgefunds/banks bid/spend nearly $20m on 30,000 bitcoins when they could just collapse it and buy them all for $5 million?
niothor
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August 16, 2014, 08:47:43 AM

good morning, a shameless $5 million on the bid side....




if it was that easy why did Tim Draper and hedgefunds/banks bid/spend nearly $20m on 30,000 bitcoins when they could just collapse it and buy them all for $5 million?

They needed the bitcoin first to sell them to collapse the market. Wink
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August 16, 2014, 08:48:30 AM

good morning, a shameless $5 million on the bid side....




if it was that easy why did Tim Draper and hedgefunds/banks bid/spend nearly $20m on 30,000 bitcoins when they could just collapse it and buy them all for $5 million?

They needed the bitcoin first to sell them to collapse the market. Wink

I see, it's all coming together nicely.
jaberwock
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August 16, 2014, 08:51:11 AM

Goodbye 490's, was nice to see you downhill

Can you please let me know what was so good and is so good in watching bitcoin price going down?

I don't care too much about the current drop but there are a few people who really amaze me with their joy ...

Everything gets easier when you put some fun on things, and don't take them so seriously.
seljo
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August 16, 2014, 08:52:26 AM

TBH don't care about the price... will not sodl no matter what... and if I ever need to sodl I'll sodl at any price cause I need teh cash... so a big FU to market manipulators...
5cMXezpBtm
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August 16, 2014, 08:54:46 AM

can someone point to me the order books that people keep talking about?

http://bitcoinity.org/markets/bitstamp/USD

 I wish I could read em and make sense out of them..

its pretty simple ( shows bids and asks, the order book ) and fun to look at when you know what you're looking at.

tomorrow, i teach you.

to tired now...

I am also new to it and then just saw the helpful littlle button on the upper right corner namend WTF?
ChartBuddy
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August 16, 2014, 08:59:37 AM


Explanation
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August 16, 2014, 09:14:48 AM


Market really choppy, we try to reach above 500 level, and someone dump huge amount of coins.
What is going on behind the scene, really not understandable.
jaberwock
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August 16, 2014, 09:19:35 AM


LOL.

It is like the green orders are the stones, and the red orders are the sea. And at any moment we can have a earthquake and the stones may send everything to the oceanic trench
wachtwoord
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August 16, 2014, 09:29:16 AM

And here we go again. These idiots just won't stop.

Exactly, how odd. I was expecting stability above 500 based on the depth on the order book. I wonder when it goes up again.
Globb0
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August 16, 2014, 09:30:49 AM

are the banks getting scared? last night my account got frozen when I tried to buy a bitcoin, just like they don't with every other transaction I make online.

Their excuses were very wish wash today and seemed to change during the conversation. Ending with "it would be good not to make another transaction for 24 hours" wtf is that


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