All posts made by tupelo in Bitcointalk.org's Wall Observer thread
1.
Post 6464088 (copy this link) (by tupelo) (scraped on 2020-04-04_Sat_12.41h):
well it was 101 on btce
2.
Post 6547345 (copy this link) (by tupelo) (scraped on 2020-04-04_Sat_12.42h):
sudden volume spike on bitstamp
3.
Post 6553645 (copy this link) (by tupelo) (scraped on 2020-04-04_Sat_12.42h):
Looking at the order book on bitstamp, price should go higher in the short term (in the long term I am sure that by the end of the year, price will get to a level of at least 2.000 USD).
But coming back to today's situation: there are 5.327 BTC to be sold, and on the other side they are 6.231 BTC to be purchased. This basically means that at this moment the sell orders CAN NOT cover the buy orders within the same range, so price will have to increase.
The demand for BTC is 15% higher than the offer => price will increase in the short run.
You assume that both types of orders would meet at the same price, which is obviously not the case. Moreover orders in any orderbook are a very bad indicator because only a certain amount of them are actually the intended to be filled, the other get withdrawn as soon as the price comes too close.
4.
Post 6553858 (copy this link) (by tupelo) (scraped on 2020-04-04_Sat_12.42h):
Isn't it ironic that the libertarian bitcoiners, champions of laissez-faire capitalism, are betting all their life savings on the hope that the Satoshi Bitcoin will be one day the only cryptocurrency in the market, so that they can charge monopoly prices for it?
Hm, isn't that copy-paste from a post of mine?
that is too funny
5.
Post 6562592 (copy this link) (by tupelo) (scraped on 2020-04-04_Sat_12.42h):
just as bitcoin is both a currency and a commodity, both a payment platform and a binding record of account,
bitcoin proponents are both fanatics and cultists, both bitcoin nutters as well as bitcoin savants.
golden!
6.
Post 6650473 (copy this link) (by tupelo) (scraped on 2020-04-04_Sat_12.44h):
Wasn't this deadline put in place for today? It seems the expectation of at least something happening was unreasonable...
7.
Post 6691486 (copy this link) (by tupelo) (scraped on 2020-04-04_Sat_12.44h):
I ask you something :
Is there any advantages to trade on a trade website which have a lot of ask/bid ( like huobi, bitstamp ) compare to the small one ?
OR is it like for the polls --> 1000 persons, or 1000000 have the same result ?
Of course. The volume is important as soon as you trade in quantities that move the market price when placed as an order. Nothings sucks more than wanting to dump 100 BTC at a set price but having to resort to 2 BTC micro drops in order to not disturb the market...
8.
Post 6691622 (copy this link) (by tupelo) (scraped on 2020-04-04_Sat_12.44h):
In this case no. I would say kraken is a very fine exchange for small traders
9.
Post 6710869 (copy this link) (by tupelo) (scraped on 2020-04-04_Sat_12.44h):
aminorex, may I say that you are a fantastic addition to this forum. Your usage of the english language is impressive
10.
Post 6788208 (copy this link) (by tupelo) (scraped on 2020-04-04_Sat_12.45h):
I suspect that there are Chinese who open an account at Huobi just for the pleasure of moving orders up and down the book, while carefully avoiding being caught by an actual trade.
That is a tough game. The goal is to get as close to the ticker price without getting caught.
Forget mahjong, chess or go... spread hopping is the new thing.
Soon it will be played by old chinese men duelling via real-price bitcoin ATMs at their village's main square.
11.
Post 6966097 (copy this link) (by tupelo) (scraped on 2020-04-04_Sat_12.47h):
the weak hands are plenty in this one
12.
Post 6966279 (copy this link) (by tupelo) (scraped on 2020-04-04_Sat_12.47h):
Hah fonzie is in paradise
13.
Post 7035242 (copy this link) (by tupelo) (scraped on 2020-04-04_Sat_12.48h):
So, what is going on?
14.
Post 7096491 (copy this link) (by tupelo) (scraped on 2020-04-04_Sat_12.50h):
that's fabulous!
edit: popcorn has been eaten, need to acquire more
15.
Post 7261113 (copy this link) (by tupelo) (scraped on 2020-04-04_Sat_12.52h):
In the real stock market, are the exchange operators alowed to trade in their own exchanges? E.g., to do arbitrage?
I would think that the exchange operator would have tremendous advantages over his clients if he could do that, since he can know the trades a few seconds before them. Two colluding exchange owners could know each other's books a few seconds before anyone else, and thus use all arbitrage opportunities in full. And surely there are many more ways which I cannot imagine.
I can see how Huobi and OKcoin could make big profits without charging any trade fees. Indeed, by not charging fees they get very narrow bid/ask spreads, so that the opportunities for arbitrage between them are much more frequent.
The money that an exchange owner can make this way must come, of course, from his clients' pockets.
EDITS: grammar, sorry
Your assumption is not too unlikely, but with bitcoin we have no option for high speed trades between exchanges, except if they were conducted over an interchanging platform off-blockchain.
Bitcoin arbitrage is meh, the transaction time is slightly too slow to allow consistently efficient arbitrage.
16.
Post 9097787 (copy this link) (by tupelo) (scraped on 2020-04-04_Sat_13.20h):
So this apparently really is just someone with absolutely no trading experience. Perhaps Finney's wife, who knows.
17.
Post 13197508 (copy this link) (by tupelo) (scraped on 2020-04-04_Sat_14.36h):
I was honestly surprised that the alleged identification of 'Satoshi' did not cause a significant price drop
18.
Post 14099525 (copy this link) (by tupelo) (scraped on 2020-04-04_Sat_14.46h):
god damn why does price keep going the wrong way???
because of Brian Armstrong and Coinbase