All posts made by bnjmnkent in Bitcointalk.org's Wall Observer thread
1.
Post 3461708 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.19h):
pump started? the .5/min buys continue. this looks odd...
2.
Post 3463230 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.19h):
Whales are waiting. Or maybe aliens.
Would you please elaborate on this?
3.
Post 3463312 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.19h):
Check days destroyed for whale movements...
What is this supposed to mean?
4.
Post 3479588 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.20h):
average growth over the last 11 hours looks pre-crash/correction to me, what is your take?
5.
Post 3479625 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.20h):
@TheKoziTwo n1
6.
Post 3479839 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.20h):
@BldSwtTrs: When did you order your bank to start the deposit, if I might ask?
7.
Post 3481446 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.20h):
if it had a more detailed orderbook chart in addition to the nifty widget next to the end of the chart line, it'd even be awesome
iirc I read on this forum that donations can speed up dev:)
Freezing the crosshair _and_ moving the image would be cool, too. Multiple crosshairs ^^...
8.
Post 3481525 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.20h):
I know, but try to move the image then
Then try to obtain another crosshair
9.
Post 3483256 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.20h):
bitcoinreminder.com
10.
Post 3483292 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.20h):
11.
Post 3483776 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.20h):
He tries so hard...
"A" for effort sir. That's what counts.
Lesson learnt: It ain't the activity score.
12.
Post 3483897 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.20h):
Not trying to shit on your post.. but isn't that the spanish train crash where tons of people died that just happened this year ? Not very good taste
Was writing the same. Put that down.
13.
Post 3488713 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.20h):
Looks like there are no SEPA deposit-queue problems on Bitstamp.
14.
Post 3489555 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.20h):
Anybody else noticed the single bid ~700BTC @143.0 before the dump?
15.
Post 3491628 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.20h):
16.
Post 3491793 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.20h):
tanking
17.
Post 3493764 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.20h):
The 4h chart on bitcoinwisdom is just unreal.
Why?
18.
Post 3494704 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.20h):
The 4h chart on bitcoinwisdom is just unreal.
look at weekly chart
that really gets you going
Yep, out of thin air exchange
http://bitcoincharts.com/charts/btcnCNY#tgSzm1g10zm2g25zvis a bit more verbose data-wise.
19.
Post 3494945 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.20h):
Oh man! Lost the last climb up, as my charting tool did not update and I went for the last few
days like with no sleep
I screwed up to buy in low after the crash, and now the charting tool f-up.
PRO
20.
Post 3495795 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.20h):
"This is the first time the cryptocurrency has set a price record since the price reached $266, and then imploded, in April." <-- from the article.
I think imploded is a bit strong there.
Should we all point this out per email? It is on the page
jk
21.
Post 3496830 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.20h):
22.
Post 3504489 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.20h):
How are the orders looking on gox above the wall?
23.
Post 3504526 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.20h):
I do wonder, if it is a bad sign that someone parts from such an amount of BTC?
24.
Post 3504965 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
1k buy gox
25.
Post 3505212 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
btc-e.com
I tested their support, Russian is a plus.
26.
Post 3505685 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
Someone please help me out please. What do you think of our to-the-moon tour
so far?
27.
Post 3506562 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
From what I know, only $ fiat exchange has issues in Gox. I personally have traded in euros (many times) and had no problems whatsoever.
SEPA queue is 6 weeks and started to grow longer in the last week.
28.
Post 3507645 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
not really realtime, but ...
29.
Post 3512476 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
The technical support meltdown in #mtgox right now is quite a spectacle to behold.
Is this in regards to people not being able to get fiat out? Or is it fiat AND BTC?
yes it is both. gox is fucking lol.
cant get fiat OR BTC
hahahaha
It apparently is related to mining pools dumping there nice new coins directly onto the exchange. So apparently with minted coin, they need 100 confirmations before they can be spent? So he mixes your transfer out with the new mints, and presto...you are stuck waiting 3 days for your coins...
Ah! That's a pretty good technical explanation really. I just tried a BTC withdraw out of curiosity. Lets see how long it takes.
EDIT: Just got the BTC as I clicked posted. Took no more then a minute. Withdrew 10 BTC as a tester (didn't want it to not work and leave a whole chunk in limbo!)
So anyway, seems like FUD to me unless the amount makes any difference (which I doubt).
User sturle reported something about a coinbase related 100 confirmations bug in the thread Mt.Gox withdrawal (the gathering).
From all I have seen, it was mostly people flipping out, when Gox had to refill from cold storage.
30.
Post 3514185 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
5h old news... Bitcoin.de is going to change the trading (to instant) soon. Fidor bank will actually take over it
They put that on FB:
Der interne Test der Fidor-API hat begonnen Es dauert hoffentlich nicht mehr lange bis der (nahezu) Echtzeithandel auf bitcoin.de starten kann. Wer noch kein Fidor-Konto hat sollte sich beeilen eines zu eröffnen UND dieses bei bitcoin.de eintragen. Das Konto ist kostenlos, bietet sogar derzeit 1,2% Zinsen aufs Tagesgeld und eine kostenlose Prepaid-Kreditkarte von MasterCard. Hier gehts zur Anmeldung:
https://www.fidor.de/produkte/fidorpayGood news if you ask me!
Fidor Bank is big?
I am not sure if this matters. It is a bank that is registered with the financial regulators in Germany. While it erases some of the difficulties Mt.Gox ran into (good), it opens doors for further regulation (bad, imho).
31.
Post 3514300 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
miningnew, may i pm you, please?
32.
Post 3514826 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
5h old news... Bitcoin.de is going to change the trading (to instant) soon. Fidor bank will actually take over it
They put that on FB:
Der interne Test der Fidor-API hat begonnen Es dauert hoffentlich nicht mehr lange bis der (nahezu) Echtzeithandel auf bitcoin.de starten kann. Wer noch kein Fidor-Konto hat sollte sich beeilen eines zu eröffnen UND dieses bei bitcoin.de eintragen. Das Konto ist kostenlos, bietet sogar derzeit 1,2% Zinsen aufs Tagesgeld und eine kostenlose Prepaid-Kreditkarte von MasterCard. Hier gehts zur Anmeldung:
https://www.fidor.de/produkte/fidorpayGood news if you ask me!
Fidor Bank is big?
I am not sure if this matters. It is a bank that is registered with the financial regulators in Germany. While it erases some of the difficulties Mt.Gox ran into (good), it opens doors for further regulation (bad, imho).
Market Cap is 35 million euros. Nothing to lose by backing BTC businesses, and lots of potential gain!
http://www.bloomberg.com/quote/F5R:GRIIRC their shares jumped up by 50% at the time they announced partnership with bitcoin.de.
Didn't happen, when they announced partnership with kraken, though.
33.
Post 3516202 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
Bitstamp ATH @299.17
34.
Post 3516326 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
Where to
?
35.
Post 3516958 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
My stuck coins that finally showed up from MtGox are now on Bitstamp. Thanks to the delay, I have made a handsome profit on those few. Now I have my original $ and some extra coins.
Edit:
Where is this stability around 280-300 we heard about? 328 already.
I guess we have the flash-crash to 250 to look forward too.
His opinion:
https://bitcointalk.org/index.php?topic=178336.msg3509133#msg3509133
36.
Post 3517064 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
Im suing the issuer of bitcoins for artificially reducing supply and keeping me up at night!
Guys its all a trick. People dont want bitcoins; that Satishy Nicklemoto guy is just hoarding the coins!
I am with you :9
37.
Post 3517168 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
Someone pulled 10 out yesterday w/o trouble. Afaik there is an own thread on this matter on BT.
38.
Post 3517943 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
I swear my theory is they match off the best ones for themselves and slow down the queue. Thats what I suspected in April, best way to obsfiscate it is with lag.
Goxxed again, classic.
That's a lot of work in Excel
39.
Post 3519360 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
btcchina shows tanking pattern?
40.
Post 3519403 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
In bitstamp price has rised as follows:
24h: 10%
3d: 34%
7d: 55%
30d: 150%
This is nothing. We have plenty of fuel left, don't be a stupid bear and try to make few bucks from shorting this now, high risk and low reward. Wait for low risk and high reward.
I was interested in the pattern
41.
Post 3519427 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
np, interesting anyways. Thank you.
42.
Post 3519671 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
btcchina shows tanking pattern?
Ask me for financial advice - always. Then do the exact opposite
43.
Post 3519745 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
No it isn't...it's like listening to a bunch of kids chatter about the boogeyman.
And BTCChina isn't showing any thing like a "tanking pattern"....btw there is no such thing as a "tanking pattern" in tech analysis....this is little children making up their own terminology to describe things they don't understand.
It has flattened out because China is hitting the 2000 psych barrier and it will take some momentum to get past that number....no one is dumping as of yet. It is actually positive imo that it hasn't retraced a significant amount into this weeks rally.
It would have been way more impressive to read this when I asked about it. But I do like the explanation.
44.
Post 3526559 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
This looks a lot like a pump and dump.
told ya
45.
Post 3526748 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
Single ask positions over 20 BTC first 1000 trades on bitstamp:
[['342.87', '31.27000000'], ['346.00', '33.89701764'], ['348.00', '430.00000000'], ['348.84', '25.00000000'], ['348.85', '25.00000000'], ['349.01', '25.00000000'], ['349.40', '42.24239569'], ['349.45', '65.87504488'], ['349.49', '25.00000000'], ['349.49', '42.65254549'], ['349.50', '2000.00000000'], ['349.60', '46.24102156'], ['349.89', '46.75418729'], ['350.00', '50.00000000'], ['350.00', '32.00000000'], ['350.12', '50.00000000'], ['354.68', '135.00000000'], ['359.01', '25.00000000'], ['360.00', '50.00000000'], ['365.00', '27.55000000'], ['365.00', '40.00000000'], ['372.41', '135.00000000'], ['374.45', '100.00000000'], ['374.80', '1141.92241336'], ['375.00', '117.00000000'], ['375.00', '134.06194029'], ['380.00', '1000.00000000'], ['396.75', '41.06320000'], ['398.00', '25.73871357'], ['398.00', '20.19296502'], ['399.97', '50.00000000'], ['400.00', '61.78000000'], ['402.00', '49.00000000'], ['404.00', '191.82501788'], ['410.00', '39.69804719'], ['411.84', '27.00000000'], ['439.20', '30.00000000'], ['448.00', '30.00000000'], ['450.00', '31.22425221'], ['480.00', '50.00000000'], ['502.00', '1000.00000000'], ['650.00', '46.50000000'], ['1000.00', '96.00000000'], ['1045.00', '25.00000000'], ['1347.00', '25.00000000'], ['1785.00', '25.00000000'], ['1840.00', '25.00000000'], ['2146.00', '25.00000000']]
46.
Post 3526971 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
Walls on bitstamp are just being pulled back a little.
47.
Post 3527427 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
Bitstamp walled off and only few buyers:
Single ask positions over 20BTC among the first 1000:
[['347.92', '87.43659903'], ['347.95', '134.06194029'], ['347.99', '26.47985881'], ['348.00', '430.00000000'], ['348.84', '25.00000000'], ['348.85', '25.00000000'], ['349.01', '25.00000000'], ['349.45', '65.87504488'], ['349.49', '25.00000000'], ['349.50', '2000.00000000'], ['350.00', '50.00000000'], ['350.00', '100.00000000'], ['350.12', '50.00000000'], ['354.68', '135.00000000'], ['359.01', '25.00000000'], ['360.00', '50.00000000'], ['365.00', '27.55000000'], ['365.00', '40.00000000'], ['372.41', '135.00000000'], ['374.40', '46.75418729'], ['374.45', '100.00000000'], ['374.49', '200.00061116'], ['374.80', '1141.92241336'], ['375.00', '117.00000000'], ['380.00', '1000.00000000'], ['388.00', '100.00000000'], ['396.75', '41.06320000'], ['399.97', '50.00000000'], ['400.00', '61.78000000'], ['400.00', '73.28033641'], ['402.00', '49.00000000'], ['404.00', '191.82501788'], ['410.00', '39.69804719'], ['411.84', '27.00000000'], ['439.20', '30.00000000'], ['448.00', '30.00000000'], ['450.00', '31.22425221'], ['480.00', '50.00000000'], ['498.00', '198.93400000'], ['502.00', '1000.00000000'], ['650.00', '46.50000000'], ['1000.00', '96.00000000'], ['1045.00', '25.00000000'], ['1347.00', '25.00000000'], ['1785.00', '25.00000000'], ['1840.00', '25.00000000'], ['2146.00', '25.00000000']]
48.
Post 3527580 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
fuck sleep, gonna dawn in a hour anyway. time for a coffee!
Now you know my week...
49.
Post 3527670 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
50.
Post 3527981 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
Remember that arbitrage opportunity when Stamp was like $5 OVER Gox?
So sick brah.
Nowadays it's goxbux, so I heard...
51.
Post 3528032 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.21h):
How long does it take to become registered with btcchina?
52.
Post 3535724 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.22h):
fuck, bought back in @330
53.
Post 3535920 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.22h):
That was a totally normal retrace....L4 = 61.8%....actually it is very healthy, good to see some people taking profit.
As you predicted correctly many pages back
54.
Post 3536782 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.22h):
What is the deal with btcchina.com? Entering that as a url does't load. The first google hit looks loads
https://vip.btcchina.com.
Wtf? hack? DDOS?
charts keep updating correctly.
55.
Post 3537442 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.22h):
Maybe I'm crazy but I'm expecting something like this:
This made me laugh.
I don't know why, until now it's 100% accurate
Isn't this obvious? The longer MA is trailing the shorter one
56.
Post 3537731 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.22h):
what happened, I just woke up to see this price !!! and the low was 290$, how long did it last ? I have an alert on my phone but it rang only once I couldnt hear it.... I am so angry that I missed the bottom.
do you think it will crush further ?
classic bear trap, everyone here feel for it.
no this is pretty much bottom, try and catch the last few panic sellers.
How do you spot a classic bear trap?
FWIW I thought we hit 250 before any stabilization
57.
Post 3538065 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.22h):
Panic some more, please. It is so fun to watch
What we are seeing now was not so hard to predict:
Flashcrash alert.
The rest of the week may be choppy since we are already so much higher than last week. The weekly gains tend to normalize, and I would not be surprised to see Sunday at around 280-300 like we are now.
Retest of previous ATH from the above in the form of flashcrash is probably coming. I don't believe sub-250 territory will be visited except during the flashcrash.
Risk of a change in main trend is low.
Looking forward, it is better to buy now than wait. I would be wary if price goes 600+ in November or 700+ in December, since they may be overextended.
BUT
A
real crash will have the following characteristic:
- price will have risen really high, really quickly over several weeks
- 100,000s of bitcoins are brought to the market by large manipulators that are sure of their ability to tip it over
- Some bitcoins will be sold to induce the forced closure of leveraged positions, resulting in a flashcrash
- Price will quickly bounce back to almost where it was
- The following day/night lots of bitcoins will be sold to destroy the market sentiment and start a panic
- Exchanges, information services, this forum, etc. will be ddosed, mass media publicity will be enormous and negative
- Price will plummet so that about 3 weeks' gains will be erased (about 75% from the high), although it will remain above the previous ATH (in this case $266) by a clear margin.
I won't go into details why it happens this way, but a big reason is that exchanges utterly lack liquidity and btc/usd-rate is therefore at a mercy of manipulators.
AND in addition to that he predicted the fibonacci retracement, which could be observed today!
58.
Post 3548212 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.22h):
Bids on bitstamp keep growing
59.
Post 3548308 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.22h):
Banking holiday in USA for Veterans Day 11/11
That's what I was wondering. So tomorrow, even more funds should flow in
60.
Post 3553688 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.22h):
So it appears the seller is not really out yet and he just pulls back to toy with the buyers. This could consolidate for days or weeks till it meets the October trend line. Or maybe there's a small chance of a crash even. In any case this isn't worth the now 0.61%/day interest rate on bitfinex so I'll just go back to holding regular btc (i took a new margin position at $275)
so basically today we learned what we knew already which is MT Gox sets the price of this market and all the other exchanges just follow Mtgox.
Uhh I hope that is supposed to be sarcasm. Bitstamp doesn't give a shit what MtGox does, it's going up while MtGox was going down.
Bitstamp doesn't always follow the smaller gox movements but does panic on the larger movements ($15+).
Bearstamp characteristics.
61.
Post 3554788 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.22h):
I think we can go low for a day or two, there is still room to go down, we are a little overbought:
But anyway, this is Bitcoin and i found that the correction has been enought so my count is:
We almost touched the hourly MA support and bounced from it, we can test it again and bounce stronger from about $285, this will be a great opportunity to go long.
Toughts?
So far so nice a prediction.
62.
Post 3554823 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.22h):
Recovery key doesn't help. The master key is encrypted with your recovery key and bootup usb. Thats the key used to decrypt the data, and its not stored anywhere except the drive itself.
I think I was one of the last ones to successfully withdraw from gox, thankfully pulled out all I needed to buy my house before the withdraw problems started.
Although it was at an average of $120/btc, missed the 266 bubble and this runup... Would have been way better off with a mortgage.
You can talk about sellers remorse in a couple of years.
Still got plenty more.
Besides, remorse is the 5000btc wallet lost to a corrupted bitlocker partition, or close to that lost to pirate.
Jesus Christ, I can't imagine.
Truly no way to recover that partition?
Sent it off to 4 data recovery companies. Almost all datas intact, but the bitlocker metadata (including master key) are corrupt... 256 bit AES key
I wouldn't give up if I were you.
Obviously you can't brute force a 256 bit AES key. But you MIGHT be able to brute-force an algorithm to fix whatever corruption happened to the metadata... I'm not an expert but at the very least it seems plausible.
For 5000 bitcoins, I'd hire an expert and get a few Amazon GPU clusters going. If you're not into the idea of trying out of pocket, maybe you'd be willing to crowdfund to give it a shot? I'd be interested.
Metadata dosen't matter too much, the key is part of whats corrupt. Would me far more cost effective to attempt to brute force the silk road coins
I'm just speculating that most of the information is still there, that maybe only a few bits are wrong, or that something is bit-shifted, or whatever (again, not an expert). It seems much, much less computationally intensive to try to
repair the key than crack a wallet blind.
The first few entire sectors of the drive are unreadable.
Heh, one more order of magnitude in price and it will be worth getting your drive under a magnetic force microscope. Maybe you should just donate it to an MIT (or Northwestern University) materials science lab and tell them they can keep half of the profits.
(I did my PhD at Northwestern - they are a top materials science research university, let me know if you need a connection)
5000 BTC is already approaching $2M USD... I doubt those labs charge that kind of money for consulting?
Hell, I bet a lot of schools would reciprocate in-kind if you donated an MFM module.
http://www.asylumresearch.com/Products/VFM2/VFM2.shtmlHe hit the wrong button?
http://www.youtube.com/watch?v=GLxaVFBXbCk
63.
Post 3556042 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.22h):
no bitstamp asks on bitfinex orderbook
seems bitfinex is out of stampUSD
EDIT: even says it right there: "Not enough USD reserve on Bitstamp, you cannot buy on Bitstamp at the moment."
Bearstamp looks pretty deserted. Can we say that bitfinex accounts for the most traffic, or are there other reasons?
64.
Post 3556106 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.22h):
no bitstamp asks on bitfinex orderbook
seems bitfinex is out of stampUSD
EDIT: even says it right there: "Not enough USD reserve on Bitstamp, you cannot buy on Bitstamp at the moment."
Bearstamp looks pretty deserted. Can we say that bitfinex accounts for the most traffic, or are there other reasons?
I'll be legitimately surprised if that's true. But, it actually seems fairly likely, looking at bitstamp's current depth.
For reference:
65.
Post 3557381 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.22h):
Is it possible to predict/estimate, when bitfinex funds hit bitstamp?
66.
Post 3558529 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.22h):
I just got locked out of my gox account, it's asking me for a yubikey and stating Invalid code sent when i hit enter, I dont have a yubikey.
Now i was blocked for too many requests from my IP for 24 hours AND i can't log in, worked fine 2 hours ago. They still havent responded to my support request.
Goxxed. Thats what I get for giving them a second chance.
You don't have 2fa? Your account maybe hacked? Is there a number in support where you could call? Try to recover your password.
relax. stay friendly. they will not take btc from your account. hopefully your password is/was safe.
my experience with them concerning issues like this was always good. i had an account that was sitting untouched between 2011 and 2013 (i thought it was lost, but it wasn´t)
Barbs, if you use Google Authenticator, you could try re-syncing the application.
67.
Post 3564223 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.22h):
bull trap on stamp?
Just big players, arbing ~ 40$ per coin imho.
68.
Post 3565260 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.22h):
In the meanwhile..
Btcchina at almost $400, compared to Stamp at $365. And still apparently no one has figured out the arbitrage.
you need a chinese bank account to withdraw your fiat, but you need to visit china to get a bank account
thats the problem
I'm not implying most people could do it. But surely
someone could do it, and would be doing it, you'd think.
lol
*checking chinese subforum*
https://bitcointalk.org/index.php?topic=329534.0Remember how BTC-E has always had low prices? There's a reason for that: hard to get money in.
And you know how now BTCCHINA has really high prices? There's a reason for that, too: hard to get money out.
If it was easy to do, people would already be doing it and we wouldn't see as large a gap as we do. China is a Communist country, and they have a strong hold on their currency. Just doing some quick Googling, Chinese residents can only send $50,000
per year overseas.
So, let's say you put up $45,000 to buy 150 coins. Send them to China, sell for $340 each, split the $6,000 profit with your Chinese partner, and have them wire back $48,000 (while also possibly paying taxes and bank fees, etc).
Oh, and don't forget to add in your trip to China
So you might make $3,000 for the year. You could exceed the limit by having your Chinese contact's friends and relatives send you transfers in their names, but it seems like that would require even more trust. And if the price of bitcoins goes way up and the price difference stays the same, you'll hit your limit earlier and make less profit.
It's a nice idea in theory, but I don't think it will pan out as well as it looks. Please let us know if you do try it, though!
Sure, but still at some point it must become profitable for someone.. If btcchina was at $1m/bitcoin and Btc-e was at $100/bitcoin, someone wouldn't take advantage?
Cmon homeboy
Maybe traders assume there is soon a chinese SR-like
takedown to come? This risk is therefore reflected in the price difference.
Is this called efficient market hypothesis - dunno?
69.
Post 3569001 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.23h):
Sorry to be a little off topic here but i need a quick answer, do anyone know is the site buyxrp.com is legit?
You are asking random strangers on the internet...
70.
Post 3570009 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.23h):
Why does trading come to an halt so suddenly very often?
Even bots need a toilet break.
Damn advanced these models.
71.
Post 3599167 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.23h):
To be sure, the goal of EVERY trader is to increase his wealth.
One of her goals is more correct imho. I like gaining trust through flawless trades a lot.
72.
Post 3600822 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.23h):
IMG
This image is wrong. It shows light at the end of the tunnel ^^.
I heard they should have SEPA fixed until beginning of next year.
73.
Post 3609258 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.23h):
might as well ask on here: how do you verify (?pgp key) that the bitcoin qt is legit from bitcoin.org ?
http://bitcoin.org/en/downloadnotice the .exe is 9mb but in actuality it is 11.1 mb.... did someone alter it?
sirus runs that site, i doubt something odd is going on. (unless hacked)
Isn't there a checksum?
74.
Post 3609518 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.23h):
Isn't there a checksum?
Yes, there is a link on the download page "Verify release signatures".
Verifying the checksum of Bitcoin software is important.
If someone were able to change the software on the site, don't you think they'd be able to adjust the checksum mentioned there as well?
That's why developers should always sign the checksums with their keys. However, the client_downloads to checksum_downloads ratio
is daunting.
75.
Post 3609631 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.23h):
Isn't there a checksum?
Yes, there is a link on the download page "Verify release signatures".
Verifying the checksum of Bitcoin software is important.
If someone were able to change the software on the site, don't you think they'd be able to adjust the checksum mentioned there as well?
That's why developers should always sign the checksums with their keys. However, the client_downloads to checksum_downloads ratio
is daunting.
Checksum is for validating bit errors likely to occur in a bit stream i.e. communication channel. It is NOT EVER EVER meant to be used cryptographically!! It is very feasible to modify the file and keep a valid checksum. In fact, CRC was used in the old 802.11/WEP standard as a message authentication code, and we know how well that worked out.
The entire file needs to be signed, or a secure hash (SHA256 hash in this case) that is signed. Signed by whom and validated by whom in which chain of trust is another can of worms best left unopened.
I know that what is actually provided is a SHA256 hash and not a checksum so I'm just being mean :-(
Edit: Technically it should be a MAC like HMAC_SHA256 as a pure SHA256 is vulnerable to a padding based attack, while SHA-3/Keccak in general is not.
I think you are right. I got caught up in lingo, as they name the file SHA256SUMS.asc on their site.
76.
Post 3609723 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.23h):
77.
Post 3609826 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.23h):
78.
Post 3610021 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.23h):
Panel II
Ernie Allen
President and Chief Executive Officer
The International Centre for Missing & Exploited ChildrenI think there is a chance the bitcoin representatives may have to walk out on this hearing. Nothing good can come of this if they have already decided bitcoin is directly associated with child porn.
Maybe that is what
Edward W. Lowery III
Special Agent in Charge, Criminal Investigative Division
U.S. Secret Service, U.S. Department of Homeland Security
is for?
I see this even as a chance to catch more criminals.
79.
Post 3611345 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.24h):
Now the question becomes:
Is this the vertical of the Sigmoid curve or are we ahead of it and due for a major correction like in April?
One could make a poll out of this, not?
80.
Post 3612151 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.24h):
Bitcoinity having issues?
Forward timetravel exists.
81.
Post 3616754 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.24h):
82.
Post 3617442 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.24h):
~9hrs until new funds arrive at bitstamp...
83.
Post 3617790 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.24h):
stamp: holding 475
gox: holding 526.9
USD
84.
Post 3617838 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.24h):
To sleep or not to sleep. That is the question.
No.
To pass out or not to pass out ...
85.
Post 3618028 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.24h):
Decisions under uncertainty. I have to rule out the worst case
86.
Post 3618110 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.24h):
Nice moon pictures!
I am back in.
This will end in tears...
87.
Post 3620841 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.24h):
Is europe ahead or behind the us in terms of time zone? Deposits showing up at stamp?
Deposits (bitfinex, fresh money) should show up on stamp starting in 2 hours from now.
UT 10-14 I was told.
88.
Post 3623492 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.24h):
Who are these dorks selling on Stamp?
"Oh, the other two exchanges are 25% higher and are either steady or climbing. Guess I better dump!"
Sounds reasonable
89.
Post 3623537 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.24h):
Who are these dorks selling on Stamp?
"Oh, the other two exchanges are 25% higher and are either steady or climbing. Guess I better dump!"
Sounds reasonable
Could be folks like myself who moved coins from gox to stamp, and want to liquidate a few since money been tied up for a while.
EDIT: 3000 coins showing in Sum Ask on gox?
btc-e?
90.
Post 3623577 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.24h):
91.
Post 3624005 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.24h):
For once I'll say thank god there is gox to support the price otherwise bitstamp looks like it would go down the rabbit hole. What is going on over there and what happened to the order book? The bid at btcchina doesn't look impressive either.
Total bids: 6747666.1314018351 | Total asks: 3223422.1035258354
https://www.bitstamp.net/market/order_book/
92.
Post 3624102 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.24h):
For once I'll say thank god there is gox to support the price otherwise bitstamp looks like it would go down the rabbit hole. What is going on over there and what happened to the order book? The bid at btcchina doesn't look impressive either.
Total bids: 6747666.1314018351 | Total asks: 3223422.1035258354
https://www.bitstamp.net/market/order_book/There is like 1000btc in front of $400.
LB: 400.7639999999999994295674100 UP: 626.8360000000000005704325902
Total bids: 1269092.4181137212 | Total asks: 1975921.9734585165
Ratio bids/asks: 0.6422786097633147074813460318
LB = 22% down from current price
UP = ...
93.
Post 3624296 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.24h):
NASA could install Bitcoin on Mars rover if they wanted and send few Bitcoins ther so it becomes first interplanetary "currency"
You might be interested in gmaxwell's text on autonomous agents here on BT.
94.
Post 3625247 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.24h):
My productivity these last few days has been 0... All free time is spent staring at charts.
+1 me 2
95.
Post 3625523 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.24h):
Edit: Someone dumped 350 XBT at stamp, leading only to a downwards move of 1-2 $...
(excuse me, please)
96.
Post 3626112 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.24h):
97.
Post 3626513 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.24h):
And this is why I use a trading bot.. I dont have to worry about all of this..
Buy Low Sell High baby.. I sleep well at night
This surge took me by surprise, I was planning on starting my bot up at $500 but I need to update the libraries and fix a bug.
Oh well, who knows, it still might correct down below $500 soon.
Which bot do you use, if I might ask please?
98.
Post 3626874 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.24h):
hm... bitstamp is around 200$ lower than btcchina... anyone has infos about how to set up a btcchina-account?
delta is used as difference, no need to place it infront of the current exchange rate
sign up at the btcchina web site. Very easy. Extracting CNY to anywhere other than China, not so easy
btcchina has not been reachable for 4 days straight from my location. It was not possible to set up an account.
99.
Post 3626909 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.24h):
Bears want this rally to be like April. What they forget is that if this is like that rally, we are headed for well over $1k.
Not even real bears:
100.
Post 3628332 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.24h):
Would you 'hit' these 2 chicks? I'd hit' em...
Oversharing?
101.
Post 3629265 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.25h):
Murck is boooooooring!
Unfortunately it is clear the others have more public speaking confidence and experience. He is doing a good enough job though for someone that is doing hearings ever couple days.
He ultimately drives the points home!
102.
Post 3629582 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.25h):
YES! Patrick you rock! Thank you for bringing up the banking issue! Murck and Allaire have both mentioned this now and it is so important!
!!!
103.
Post 3629659 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.25h):
omg seriously this hearing is super bullish. 1000 here we come
It is indeed!
Meanwhile in China: 846.873 USD
104.
Post 3630035 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.25h):
My thanks goes to all speakers!
105.
Post 3632885 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.25h):
I just got an SMS alarm and saw red all over the screen. Might I ask please what happened after the
hearing ended, please.
106.
Post 3632983 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.25h):
Thank you all for the update.
107.
Post 3633057 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.25h):
Coins are running dry on GOX, what do noobs do with GoxBux now? ....
Has goxbux already been added to the cultural heritage over at urbandictionary ^^?
108.
Post 3633164 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.25h):
question: why don't we open account on btcchina and make some arbitrage with bitstamp? 30% guaranteed..
am i missing some point?
The fact that Yuan -> USD isn't a thing.
Account creation or accessing the site has not been working for me for 4 days.
109.
Post 3633483 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.25h):
So with the price rise, I remember I got my Casascius coin out to show a buddy a couple of weeks back and I left it out. Ask my wife if she saw it.
It got "put away"
Without a trace.
Don't trust your bitcoins around your SO
SO?
110.
Post 3633938 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.25h):
A couple days ago, when the Gox guys fell asleep and trading was down for like 7-8 hours I noticed that during most of that time volume in BTCChina completely mimicked that of Gox and went to almost 0.
It is true that everyone kind of put everything on hold till Gox restarted, but the same thing did not happen on Bitstamp nor BTC-e.
I remember having all 4 bitcoinity screens open and noticing this. I will try to go back and see if I can find that moment.
EDIT: My conclusion at the time was that the same big money players are heavily arbitraging everywhere.
Yes, I saw that happening too. BTC-e and Bitstamp had some normal organic trades, while BTCChina ground to a halttogether with MtGox. Good that you bring it up. It fits my hypothesis (which is only a hypothesis at best)
As a reply to the guy asking what they would benefit: it's evident this rally is based upon "CHINA IS GOING CRAZY BUY BUY BUY". Knowing that, and having the power, and having money at the other exchanges, you can influence the movements and make a killing.
Even the BTC market is small, the attempt to manipulate the whole world with one exchange is too ambitious IMHO.
That's why manipulators act over multiple exchanges at the same time.
111.
Post 3634020 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.25h):
While we are at it. What happens in India with regard to exchanges'?
112.
Post 3634290 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.25h):
High volatility will be expected today.
Yea no shit, sdev be wack yo.
sdev?
113.
Post 3634394 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.25h):
High volatility will be expected today.
Yea no shit, sdev be wack yo.
sdev?
Standard Deviation.
Thank you.
114.
Post 3635093 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.25h):
Now this is art! Have you ordered this specifically for posting it here?
115.
Post 3635127 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.25h):
with a 60% arbitrage i guess some serious people will look into possibilities to get into all 4 big exchanges simultanously
btcchina has not been reachable for me for 5 days.
goxbux are an issue of its own.
116.
Post 3635165 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.25h):
with a 60% arbitrage i guess some serious people will look into possibilities to get into all 4 big exchanges simultanously
btcchina has not been reachable for me for 5 days.
goxbux are an issue of its own.
What do you mean by "not reachable"? I just traded on it yesterday.
Visiting their site, I get always redirected to the anti-ddos provider.
117.
Post 3635851 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.25h):
The EMA lines have crossed for the first time in days on the bitcoinwisdom BTCchina chart...perhaps some sanity, a regroup and a nice cup of tea are in order.
Settings?
118.
Post 3635953 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.25h):
Finally a real correction!
These markets will now test there lows and we will see what happens. There should be a little calm now for the next few days. Relatively speaking.
Today is another hearing
119.
Post 3635988 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.25h):
Finally a real correction!
These markets will now test there lows and we will see what happens. There should be a little calm now for the next few days. Relatively speaking.
Today is another hearing
What hearing?
This:
http://www.banking.senate.gov/public/index.cfm?FuseAction=Hearings.Hearing&Hearing_ID=955322cc-d648-4a00-a41f-c23be8ff4cad
120.
Post 3635998 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.25h):
Finally a real correction!
These markets will now test there lows and we will see what happens. There should be a little calm now for the next few days. Relatively speaking.
Today is another hearing
What hearing?
do a google search of bitcoin senate on google for 24hrs you'll get more
most say it was pretty tame and they we're fairly easy on Bitcoin that day ..another reason the btc market went nuts imho
Next hearing:
http://www.banking.senate.gov/public/index.cfm?FuseAction=Hearings.Hearing&Hearing_ID=955322cc-d648-4a00-a41f-c23be8ff4cad
121.
Post 3636039 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.25h):
It's basically, either we correct/consolidate now or we have a large correction/crash from quadruple digits. I'd rather see this thing take a breather for now and continue chugging along steadily for the run to quintuple digits.
By the way, congrats to all who saw this giant rally coming from a mile away, back in Sept/Oct.
I would love to see a tripple bottom around 510.
122.
Post 3640733 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.25h):
What's going on with bitstamp???
Noobies and nooblettes engraving a ddos imo.
See their facebook page for crystal sphere revelation.
123.
Post 3641503 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.25h):
"You love bitcoin more then you love me"
who hasn't heard that one before
Deal with it darling.
124.
Post 3642126 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.25h):
Going for a double bottom Ladies n Gents...
I must admit. It has been a while since serious TA could be seen in this thread
125.
Post 3642181 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.25h):
Any guesses to why stamp is slowly dropping all by it self? Delayed reaction because of ddos?
It occurs to me that every exchange undergoes your observed behavior, and:
http://www.coindesk.com/bitstamp-suffers-banking-software-issue-ddos-attack/
126.
Post 3642400 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.25h):
sub 500 prices tomorrow
You might be the worst trader ever.
Be nice. Here, have nice round of virtual tea.
127.
Post 3642508 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.25h):
128.
Post 3653281 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.26h):
...
And solve everything for 42
How many roads must a man walk down?
... before you can call his wavefunction entangled?
Posts like this remind me, why I got here.
Please pm me from time to time
129.
Post 3663007 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.27h):
I have just seen an ad of WU:
"Send money around the globe for 0 cost"
In small letters: "WU makes profit via conversion fees".
130.
Post 3663179 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.27h):
I feel sorry for the bears who are now stuck with Goxdollars
Why? I tend to forget them as 'dollars' and instead just bitcoin purchasing tokens. Coming to terms with the fact that they cannot be withdrawn and are thus just to be used to buy when the price is low and trade when oppertunity arises. It's nothing to feel sorry for anyone about. It's actually a good time to have some Gox-Tokens to be fair.
Soulmate! You just brightened up my day.
131.
Post 3663370 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.27h):
I have just seen an ad of WU:
"Send money around the globe for 0 cost"
In small letters: "WU makes profit via conversion fees".
Though they do need to make money for having their shops available, i wonder how good it would be if they had BTC ATM's in there and use the same fee amount as the one in vancouver.
When WU does *anything* with bitcoin, I cover my WU short sale.
Until then, that stock is a dog, and the dog has fleas, and the fleas have ghonorrhea.
I don't trade anything other than bitcoins. I just posted this, as I think someone feels something coming and
thought it could be worth sharing.
Edit: I doubt what I do qualifies as trading atm...
132.
Post 3664536 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.27h):
I have just seen an ad of WU:
"Send money around the globe for 0 cost"
In small letters: "WU makes profit via conversion fees".
IMG
That's like a taxi service advertising that it will take you anywhere for free (you just have to pay to get in and out). I'm surprised an ad like that was allowed.
It's in Germany... They thought taking over the world was allowed.
Hmm Too soon?
PS: Please don't take offence, I'm just trolling
.
None taken. But while we're at talking about taking over the world. There is a thread about a dystopian future lead into by Bitcoin
here on the BT forum. I have not come around yet to read it, though, but maybe it should become mandatory lecture for traders.
133.
Post 3665778 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.27h):
134.
Post 3666082 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.27h):
This explains some odd behavior but it's not a big deal.
How can it not be a big deal, if someone is able to circumvent order-execution?
At least that's how I understand it...
135.
Post 3681267 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.28h):
The 3d chart on bitcoinwisdom looks totally unreal.
136.
Post 3681336 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.28h):
The 3d chart on bitcoinwisdom looks totally unreal.
Go back to March 3rd
Also very unreal, don't you think?
This:
137.
Post 3681583 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.28h):
Im scared to buy in because we are a little bit over on the log chart expected value regression line. We are also entering the weekend but that hasn't mattered very much lately. Ive missed the most recent train a few times but i still want to hop aboard. Any thoughts from you guys?
Buy now, put your coins in cold storage and forget this forums and bitcoin charts for at least a year.
I'm serious
Voktar, what are you doing here then? ^^
138.
Post 3686568 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.28h):
All people calling bitcoin a tulip craze don't realize that one of the main differences between both phenomenons is that the tulip craze was not supported by a worldwide digital platform called the internet. I mean the internet seems to be causing a qualitative effect on several phenomenons once they reach a quantitative peak thanks to the ease of interaction the internet provides. Look at the Arab spring, what seemed like a regular discontent or protest that wouldn't achieve much managed to topple whole governments. In my opinion this day and age we are witnessing very nice examples on how quantitative changes lead to qualitative ones thanks to the internet. So trying to predict what will happen to bitcoin using a phenomenon which happened centuries ago without having something like the internet to support it is not very accurate IMO.
Don't overcomplicate things. Tulips are useless.
139.
Post 3704573 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.28h):
This correction could be different. EMA10/21 t=2h crossover on 3/4 exchanges immanent.
This was not the case before.
140.
Post 3712868 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.29h):
24h triple bot
4h triple bot
double bot
Forgive my ignorance, please.
141.
Post 3715278 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.29h):
That's hilarious
Earth, Sun, Mercury?
To the moon seems out of the question...
142.
Post 3717136 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.29h):
Noobie-call+crystal sphere:
Within the next 4-8 hours we reach around 880 on gox.
After that we form a straight handle over 24-30 hours 830 being lowest.
Then we see a 12 hour steady increase, before we shoot for 1500.
There will be little resistance at 1000, but some at 1200.
After having reached 1500 we fall back and bounce off 1166 USD, which
could be a dead cat. temporary resistance on its way down.
(What did I just write)
143.
Post 3741037 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
144.
Post 3741166 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
IMG
That's not the usual macsga quality
145.
Post 3741309 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
IMG
That's not the usual macsga quality
You're so true; my sincere apologies...
IMG
... and I was worried you could have lost your edge
146.
Post 3741382 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
I'm not sure I'm gonna play around at calling the top on this. Stakes are too high now.
So, if you are not all-out. What are you doing then, if I might ask please?
147.
Post 3745239 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
bitstamp ppl really want stop this...
the US guys that want out go to Bitstamp, there's no other choice apart from OTC.
Coinbase...CampBX. We have other choices.
btc-e
148.
Post 3745309 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
Why should someone pick this name, please?
http://www.bitcoinblackfriday.com/
149.
Post 3745383 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
the last Friday in November is generally regarded as the day whereabouts retailers will have covered all their operating expenses for the year. In book keeping language they are "in the black" and any remaining sales for the year will be profit. Hence "black Friday"
Ah, I see. Thank you very much jojo69.
I associated other things with this name.
150.
Post 3745506 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
We be eatin walls @ bitstamp. I'm not sure how hungry we are just now though. 973 ATH.
7900 coins left to 1000...
151.
Post 3745556 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
No problem, in North America at least, there has come a tradition of sales on this day and it is one of the busiest shopping days of the year in preparation for the Abrahamic consumption orgy of Christmas
Do you think the black-friday event could mainstream Bitcoin, so that no crash occurs?
Edit: I read about this idea somewhere.
152.
Post 3745652 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
crash?
the crash was cancelled
I did not get the memo
153.
Post 3745844 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
No problem, in North America at least, there has come a tradition of sales on this day and it is one of the busiest shopping days of the year in preparation for the Abrahamic consumption orgy of Christmas
Do you think the black-friday event could mainstream Bitcoin, so that no crash occurs?
Edit: I read about this idea somewhere.
No. For one, because "the mainsteam" will be shopping in stores. And for two, because spending bitcoins usually results in a market sell.
Interesting point on the ´market sell'. Thank you.
154.
Post 3751223 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
I just woke up, now I am confused...
Bearstamp broke through, gox communicates
https://www.mtgox.com/press_release_20131120.html.
What happened?
155.
Post 3751948 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
Just use rpetilia's simple plan for savings and you can relax and enjoy your money as it grows.
rpetilia's plan?
details?
156.
Post 3752216 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
How is BTC staying at 936 - stinks - glad I have no coins there (but wish I had fiat!)
That price is being manipulated lower to keep the other alts looking stronger. 500 btc buy would take that exchange past 1000
As I understand it, btce-prices are lower, as:
- it is eastern europe based without a public figure -> risk of vanishing
- you can actually withdraw funds -> people withraw there at a loss
- folks sell quickly, as every second eyeballing the trollbox equals -10 IQ (some might up it though)
157.
Post 3753149 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
Goat said LTC @$100 soon.
158.
Post 3753258 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
Goat said LTC @$100 soon.
Goat is a troll!
I know!
159.
Post 3756982 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
The price will drop tomorrow because there are no trading fees. The exchanges participating in bitcoin black friday announced yesterday they will not charge fees. This means that buyers money will not arrive until monday or tuesday, so buyers cannot take advantage of the no-fee trading.
This will let the sellers cash out without paying the trading fees. So the price is set to go down tomorrow, bet on it.
Serious buyers, who use BTC for purchasing should replenish their stack immediately. After all the goal is turning fiat to btc.
160.
Post 3759863 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
MtGox bot, I command you: drop hard to 1030.5, then go back to 1080+, NOW.
161.
Post 3760176 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
how am i supposed to sleep when i can just make money???
I just sold again at 1160 and bought in at 1100 i don't understand why there is free money being handed out
It is obviously not free. You are enslaved and forced not to sleep.
162.
Post 3760198 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
Here is a rather sloppy illustration of the algorithm trading pattern, but it gets the point across.
IMG
The circle in the lower left shows to clear consecutive repetitions. After this there is a lot of buying and then the pattern resumes clearly in the upper right circle once the "external" buying/selling volume dies off.
Good work, vigil!
163.
Post 3760294 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
Here is a rather sloppy illustration of the algorithm trading pattern, but it gets the point across.
IMG
The circle in the lower left shows to clear consecutive repetitions. After this there is a lot of buying and then the pattern resumes clearly in the upper right circle once the "external" buying/selling volume dies off.
Good work, vigil!
Thanks. People on here were giving me sh*t for suggesting this earlier.
I can see that pattern repeating after the correction down to 475 earlier. Before that I am not able to see it.
Have you observed more patterns?
IIRC, the pattern you observed even has a name in TA.
164.
Post 3760393 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
Here is a rather sloppy illustration of the algorithm trading pattern, but it gets the point across.
IMG
The circle in the lower left shows to clear consecutive repetitions. After this there is a lot of buying and then the pattern resumes clearly in the upper right circle once the "external" buying/selling volume dies off.
Good work, vigil!
Thanks. People on here were giving me sh*t for suggesting this earlier.
I can see that pattern repeating after the correction down to 475 earlier. Before that I am not able to see it.
Have you observed more patterns?
IIRC, the pattern you observed even has a name in TA.
That is when the pattern started, I think. I haven't at the data previous to that, so I can't say I have observed any other patterns.
What is TA? Trading algorithm?
TA = Technical Analysis
http://i.investopedia.com/inv/articles/site/typesofshoulders.gifBut the frequency with which you observed this pattern baffles me. Maybe someone with years
of experience in chart-reading could share his/her expertise (CMMPro?).
However, as libraries for detecting these patterns exist, it is possible to program a bot who produces them.
165.
Post 3760489 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
It is possible if we applied a Fast Forier Transform (FFT) to the data since $450 the pattern would be clear (clearer) through that time.
Backing-up the observation by strong math is of course the only way. However, I am not enabled to accomplish this at this time.
166.
Post 3760597 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
It is possible if we applied a Fast Forier Transform (FFT) to the data since $450 the pattern would be clear (clearer) through that time.
Backing-up the observation by strong math is of course the only way. However, I am not enabled to accomplish this at this time.
Not sure if I want to do it anyway. If we were able to "prove" this with some analysis then who knows how far that info would go. "Bitcoin Price Manipulation On Largest US Exchange" -> Crash.
I don't think so. In normal markets bots are omnipresent, too. Even larger swings (artificial) can help determine the best market price imho.
Reporters should get the hint, that this is a bot dominated domain, as every exchange lists its API documentation.
However, as you shared your observation in the best manner of science, many users trying to exploit that knowledge should smooth it out or render it useless - I suppose.
(Without doing the math, I am forced to explain it as being the human factor: Perceiving patterns in chaos comes to mind).
167.
Post 3760784 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
Nice job spotting the pattern, but I think they are just classic head and shoulders...they repeat like that as levels of support and resistance are broken.
I don't think someone would program to generate a H&S, more likely they would program a bot to profit from one(s) already building based on the proportions.
Perhaps, they seem extremely uniform though.
CMMPro, so what is forming right now is an inverse head-and-shoulder pattern, not?
-> Buy signal?
168.
Post 3760925 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
169.
Post 3761134 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
Have a nice time everybody - Good luck!
I need some sleep...
170.
Post 3775261 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
Fully understanding the dynamics between the cryptocurrencies will likely require the development of a new form of economics.
Maybe you can learn something at University of Nicosia (UNic). A master for digital currencies is to be introduced.
171.
Post 3775416 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
Get ready ladies... Gox is about to take off.
Which way?
sideways
172.
Post 3776128 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.30h):
China moves down a bit, gox follows. Stamp's orderbook bids a bit thin.
173.
Post 3778434 (copy this link) (by bnjmnkent) (scraped on 2020-04-04_Sat_11.31h):
Anyway, I think the manipulation thing is overblown. If one player could crash the market to get cheap coins, that would have happened already. April happened because we all got goxxed.
Among humans, forming communities is common. It can also be observed, that groups come together to maximize their gains solely for this purpose.
