empowering
Legendary
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Activity: 1092
Merit: 1442
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November 10, 2014, 07:15:44 PM |
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LOL there's 539 coins total for sale on the Huobi order book. They are out of bitcoins to dump! This short squeeze is going to be epic.
3000 now |
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JorgeStolfi
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November 10, 2014, 07:26:03 PM |
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LOL there's 539 coins total for sale on the Huobi order book. They are out of bitcoins to dump! This short squeeze is going to be epic.
3000 now Order books on some chart sites (such as BitcoinWisdom) are truncated after a certain number of entries. Robots spam the order books of Huobi and OKCoin with zillions of small orders, so the books are often truncated at shallow depths. This trunctation is very confusing to traders who are not aware of it. The sites should print "..." or some other indication that the order books are truncated. |
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prophetx
Legendary
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Activity: 1666
Merit: 1010
he who has the gold makes the rules
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November 10, 2014, 07:36:47 PM |
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Is it even possible to withdraw btc from unverified accounts? It's not possible, therefore: They can't withdraw fiat without supplying a bank account. It's less risky to fake ID and then simply withdraw BTC.
Or convert to fiat and hold on Stamp until inevitable crash in 3 days. Then buy cheap btc and withdraw. folks people have known about this for 1 year now. any half smart criminal would have done this long, long ago. or like during that 30 day period last year when one could still withdraw without even providing an ID. use your common sense ... |
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Walsoraj
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November 10, 2014, 07:40:06 PM |
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Is it even possible to withdraw btc from unverified accounts? It's not possible, therefore: They can't withdraw fiat without supplying a bank account. It's less risky to fake ID and then simply withdraw BTC.
Or convert to fiat and hold on Stamp until inevitable crash in 3 days. Then buy cheap btc and withdraw. folks people have known about this for 1 year now. any half smart criminal would have done this long, long ago. or like during that 30 day period last year when one could still withdraw without even providing an ID. use your common sense ... They knew that verification was required to withdraw and to avoid forfeiture? |
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dreamspark
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November 10, 2014, 07:45:24 PM |
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Is it even possible to withdraw btc from unverified accounts? It's not possible, therefore: They can't withdraw fiat without supplying a bank account. It's less risky to fake ID and then simply withdraw BTC.
Or convert to fiat and hold on Stamp until inevitable crash in 3 days. Then buy cheap btc and withdraw. folks people have known about this for 1 year now. any half smart criminal would have done this long, long ago. or like during that 30 day period last year when one could still withdraw without even providing an ID. use your common sense ... They knew that verification was required to withdraw and to avoid forfeiture? Did they think Stamp were just gonna turn round at some point and be like "Ok, no verification required anymore"? How else do you get your usd or btc back without withdrawing? |
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Walsoraj
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November 10, 2014, 07:47:59 PM |
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Is it even possible to withdraw btc from unverified accounts? It's not possible, therefore: They can't withdraw fiat without supplying a bank account. It's less risky to fake ID and then simply withdraw BTC.
Or convert to fiat and hold on Stamp until inevitable crash in 3 days. Then buy cheap btc and withdraw. folks people have known about this for 1 year now. any half smart criminal would have done this long, long ago. or like during that 30 day period last year when one could still withdraw without even providing an ID. use your common sense ... They knew that verification was required to withdraw and to avoid forfeiture? Did they think Stamp were just gonna turn round at some point and be like "Ok, no verification required anymore"? How else do you get your usd or btc back without withdrawing? The second part about forfeiture of funds may have surprised some. |
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prophetx
Legendary
Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
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November 10, 2014, 07:48:59 PM |
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Is it even possible to withdraw btc from unverified accounts? It's not possible, therefore: They can't withdraw fiat without supplying a bank account. It's less risky to fake ID and then simply withdraw BTC.
Or convert to fiat and hold on Stamp until inevitable crash in 3 days. Then buy cheap btc and withdraw. folks people have known about this for 1 year now. any half smart criminal would have done this long, long ago. or like during that 30 day period last year when one could still withdraw without even providing an ID. use your common sense ... They knew that verification was required to withdraw and to avoid forfeiture? knowing that verification is required is de facto forfeiture, when one does not verify basic logic |
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prophetx
Legendary
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Activity: 1666
Merit: 1010
he who has the gold makes the rules
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November 10, 2014, 07:52:28 PM |
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but hey then again there are some very stupid people in the world, and anyone who is keeping massive amounts of money from criminal enterprise on an exchange can't be too bright...
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Walsoraj
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November 10, 2014, 07:59:00 PM |
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Is it even possible to withdraw btc from unverified accounts? It's not possible, therefore: They can't withdraw fiat without supplying a bank account. It's less risky to fake ID and then simply withdraw BTC.
Or convert to fiat and hold on Stamp until inevitable crash in 3 days. Then buy cheap btc and withdraw. folks people have known about this for 1 year now. any half smart criminal would have done this long, long ago. or like during that 30 day period last year when one could still withdraw without even providing an ID. use your common sense ... They knew that verification was required to withdraw and to avoid forfeiture? knowing that verification is required is de facto forfeiture, when one does not verify basic logic I'm talking about the announced deadline, "verify by __ or lose your funds." Traders knew that announcement was coming for a year now? |
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ChartBuddy
Legendary
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Activity: 2660
Merit: 2364
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 10, 2014, 08:00:18 PM |
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grappa_barricata
Full Member
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Activity: 154
Merit: 100
playing pasta and eating mandolinos
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November 10, 2014, 08:05:36 PM |
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I'm talking about the announced deadline, "verify by __ or lose your funds." Traders knew that announcement was coming for a year now?
Exactly, plus why verification is required for BTC withdrawal? This is just bitstamp applying violence to their users because it can |
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prophetx
Legendary
Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
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November 10, 2014, 08:08:17 PM |
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Is it even possible to withdraw btc from unverified accounts? It's not possible, therefore: They can't withdraw fiat without supplying a bank account. It's less risky to fake ID and then simply withdraw BTC.
Or convert to fiat and hold on Stamp until inevitable crash in 3 days. Then buy cheap btc and withdraw. folks people have known about this for 1 year now. any half smart criminal would have done this long, long ago. or like during that 30 day period last year when one could still withdraw without even providing an ID. use your common sense ... They knew that verification was required to withdraw and to avoid forfeiture? knowing that verification is required is de facto forfeiture, when one does not verify basic logic I'm talking about the announced deadline, "verify by __ or lose your funds." Traders knew that announcement was coming for a year now? i cannot guess at the intelligence of anonymous individuals and their ability to apply basic logic. those funds are lost if they cannot provide an ID, and if they get caught with a fake those funds are also lost.... that has been known for 1 year or so. if not verified, funds are lost. period. basic logic. being able to withdraw without ID lasted until end of sept or octo 2013 right before the SR take down.... you really think someone is going to trade on an account they cannot withdraw funds from? at best they sell it to someone else at a discount and they try to get the funds out and take the risk. |
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grappa_barricata
Full Member
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Activity: 154
Merit: 100
playing pasta and eating mandolinos
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November 10, 2014, 08:13:42 PM |
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i cannot guess at the intelligence of anonymous individuals and their ability to apply basic logic.
those funds are lost if they cannot provide an ID, and if they get caught with a fake those funds are also lost.... that has been known for 1 year or so.
if not verified, funds are lost. period. basic logic. being able to withdraw without ID lasted until end of sept or octo 2013 right before the SR take down....
you really think someone is going to trade on an account they cannot withdraw funds from? at best they sell it to someone else at a discount and they try to get the funds out and take the risk.
What if you are one of their clients, and then suddenly they tell you that you have N days to provide document X or your funds are lost (that's right, not blocked until you provide the document, just fucking lost). Then they proceed to justify this action with a reference to a blog post of a year ago... |
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hdbuck
Legendary
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Activity: 1260
Merit: 1002
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November 10, 2014, 08:33:02 PM |
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so is everybody expecting a crash here?
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btcney
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November 10, 2014, 08:35:54 PM |
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so is everybody expecting a crash here?
Hell no. |
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prophetx
Legendary
Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
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November 10, 2014, 08:41:21 PM |
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i cannot guess at the intelligence of anonymous individuals and their ability to apply basic logic.
those funds are lost if they cannot provide an ID, and if they get caught with a fake those funds are also lost.... that has been known for 1 year or so.
if not verified, funds are lost. period. basic logic. being able to withdraw without ID lasted until end of sept or octo 2013 right before the SR take down....
you really think someone is going to trade on an account they cannot withdraw funds from? at best they sell it to someone else at a discount and they try to get the funds out and take the risk.
What if you are one of their clients, and then suddenly they tell you that you have N days to provide document X or your funds are lost (that's right, not blocked until you provide the document, just fucking lost). Then they proceed to justify this action with a reference to a blog post of a year ago... well let see i actually am one of their clients and last year i got an email (not blog post) saying i need to verify and after 30 days i would not be able to withdraw btc/dollars without ID... i didn't.... if i didn't provide an ID my funds would have been lost anyway.... at least that is the thought that entered my mind... i can only speak from actual experience, but i guess in this forum logic does not carry any weight... so when i logged in about a year ago and tried to take out some btc and was blocked... hmm.. what to do... what to do... oh that's right... send them my ID, utility bill, etc.... because i am not running a criminal enterprise... anyway i am not saying it is right/wrong moral/immoral, what i am pointing out (you may have missed the start of this discussion) is that this is certainly not the impetus for the 10% rally we are seeing for the reason i have outlined above and for other reason. sure it is likely not fair that they had a no ID policy and then changed their tune, but people did have 30 days to take out their BTC last year. if i had not been lazy i could have taken my btc off bitstamp without ID just like anyone else. as a side note it is fun seeing the people who post on here and clearly lack the ability to think logically, it is no wonder some of us can realize way above average returns in our crypto portfolios. |
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Newbie1022
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November 10, 2014, 08:45:20 PM |
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so is everybody expecting a crash here?
I am, but I am not crazy enough to try to time it (here, 390, or 410). I'll jump along for the ride once it gets going. |
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Walsoraj
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November 10, 2014, 08:45:44 PM |
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so is everybody expecting a crash here?
Yes, everybody. |
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grappa_barricata
Full Member
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Activity: 154
Merit: 100
playing pasta and eating mandolinos
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November 10, 2014, 08:56:43 PM |
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well let see i actually am one of their clients
and last year i got an email (not blog post) saying i need to verify and after 30 days i would not be able to withdraw btc/dollars without ID...
i didn't.... if i didn't provide an ID my funds would have been lost anyway.... at least that is the thought that entered my mind... i can only speak from actual experience, but i guess in this forum logic does not carry any weight...
so when i logged in about a year ago and tried to take out some btc and was blocked...
hmm.. what to do... what to do...
oh that's right... send them my ID, utility bill, etc.... because i am not running a criminal enterprise...
anyway i am not saying it is right/wrong moral/immoral, what i am pointing out (you may have missed the start of this discussion) is that this is certainly not the impetus for the 10% rally we are seeing for the reason i have outlined above and for other reason. sure it is likely not fair that they had a no ID policy and then changed their tune, but people did have 30 days to take out their BTC last year. if i had not been lazy i could have taken my btc off bitstamp without ID just like anyone else.
as a side note it is fun seeing the people who post on here and clearly lack the ability to think logically, it is no wonder some of us can realize way above average returns in our crypto portfolios.
I see, sorry didn't know the details (i'm not their client). |
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