All posts made by Fiat_Hodler in Bitcointalk.org's Wall Observer thread
1.
Post 11371896 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.15h):
how many coins have been dumped at bfx?
Around 14,300 coins were dumped on bitfinex.
If that many coins were bought, price would be 300+ .
2.
Post 11372211 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.15h):
WoW
quite a wild drop, unfortunately for me it was a middle of a night
Don't worry, there will be plenty of chances to catch the next ones.
bear detected?
3.
Post 11393378 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.15h):
Yeah, the USMS auction will cause a price drop just like all the previous ones right?
doubt it because it will be the last one.
4.
Post 11400592 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.15h):
sideways we go
5.
Post 11405819 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.15h):
fake walls keep flashing on bitfinex...
6.
Post 11407888 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.15h):
manipulator flashing a few 500+ BTC walls on bitfinex as usual.
7.
Post 11408041 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.15h):
*btc-e price still way above bitfinex.
*was a 900BTC wall at $236 on bitfinex - all gone now that price came closer...
edit: Guy has moved his walls higher... still flashing them of course.
8.
Post 11408489 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.15h):
9.
Post 11408596 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.15h):
10.
Post 11408746 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.15h):
That's the volume in SEK, not shares.
Sure, if you want to put it that way. But people buy notes at different prices so it's not the most illuminating way of keeping track of volume.
Ye but writing 1million looks nicer than just aprox. 600BTC
11.
Post 11409261 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.15h):
what is wrong with the bears... price is rising with no volume..
Cmon... The bulls just want some coins, sharing is caring.
12.
Post 11410254 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.15h):
60 coins more till 1k BTC are traded on the first day on BITCOIN XBT
13.
Post 11410319 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.15h):
Ask side on Finex has really thinned out in the last few days. Wouldn't take much to send the price up $20 to $30. Could be an interesting week.
I am not so sure. We seem to have a balanced market at this moment.
Na bitfinex is much smaller. Currently the order book is nearly the same size as bitstamp. Normally bitfinex has much more liquidity but the walls are gone...
14.
Post 11415126 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.15h):
Cheap coins!!!
15.
Post 11415874 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.15h):
Damn I can't survive in a sideways market.
Where did all the traders go?
It's pretty rough out there. Lots of chop, lots of accumulation, lots of leverage on both sides. Poop and scoops left and right. Maybe try trading on a higher timeframe. Also don't get sucked into quick moves either way, there's usually a better entry point if you wait.
"When you want to bet the house, hands off the mouse."Dammit was just about to do that...
16.
Post 11416800 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.15h):
new outlets slowly but steadily plucking coins off the dead bears. Price will surely rise. Artificial manipulation will slowly be eradicated.
17.
Post 11417928 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.15h):
I was never really into old woman.
I'm sure he grew up to be fine.
She was probably telling him Bitcoin was a ponzi or something crazy! (jk lol)
Permabulls can't handle the truth
lol
18.
Post 11428346 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.15h):
let it snow, let it snow
19.
Post 11445269 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.15h):
20.
Post 11451946 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.15h):
damn holiday in the USA ... Need to wire money to an exchange to buy these cheap coins!!!
21.
Post 11454637 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.15h):
why the heck is bitstamp so much cheaper than bitfinex and BTC-e ...
I am starting to regret only using bitfinex since the bitstamp hack... especially because bitfinex got hacked afterwards anyway...
22.
Post 11462083 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.16h):
Can confirm. Current cost for BTC is way underpriced.
23.
Post 11463211 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.16h):
The price is barely moving beyond 230-240 for a while now.
I haven't known the price to be this stable in a long time.
Unsure if that's bullish or bearish in the short to medium term.
Thoughts?
Basically just waiting for sellers at this point.
Under $235 today, with futures still $1 above spot.
Fuck bitfinex... cant buy for less than 238 when the price is 235 on bitstamp...
IM USING THE WRONG EXCHANGE FML!
24.
Post 11468715 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.16h):
thankfully price on bitfinex went down and I got some of my orders bought
25.
Post 11470002 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.16h):
Finex was hacked.
Small breach they say.
Again?
no. on may 22nd
26.
Post 11656958 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.18h):
shorts havnt been this low since march (on bitfinex)
https://bfxdata.com/swaphistory/totals
27.
Post 11850671 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.20h):
wtf happened on the chinese exchanges? $350+???
28.
Post 11851624 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.20h):
Listen to some sexy music while we're waiting for Bitcoin to hit 300
-.-
https://www.youtube.com/watch?v=tQowneABz9M
29.
Post 11865729 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.21h):
massive price difference between BTC-e and every other exchange --- why is no one arbitraging???
Buy on there and dump on bitstamp/bitfinex = free money...
30.
Post 11865785 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.21h):
looks like the news is affecting the price, crash n burn... crash n burn....
31.
Post 11866058 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.21h):
just wait until tomorrow morning when people wake up and panic sell
32.
Post 11866168 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.21h):
just when we start seeing new people buy in at 300+ the price crashes... damn market....
33.
Post 11866253 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.21h):
so what do we do now? sell? buy? hold?
Bit scared right now :s
edit: fark price still going down...
34.
Post 11866259 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.21h):
35.
Post 11866294 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.21h):
Who had enough BTC to dump?
not many shorts even opened and we have such ongoing crash?
http://bfxdata.com/swaphistory/btc.php
36.
Post 11866357 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.21h):
That actually makes a lot of sense given that it was recent news
Nice find didn't even know that occurred but it looks like the markets reacted instantly to it.
French President Francois Hollande has said "Europe has won" as a debt deal was struck with Greece.
He said that to have lost Greece as a member would have been to lose "the heart of our civilisation" and called on the Greek parliament to convene within hours to adopt the new package of austerity measures.
Greek banks are expected to remain closed for a few more days while details of the package are finalised.
I guess our dreams of a whole country potentially mass adopting BTC in the near future due to a crisis have been shelved...
What is the actual current value of BTC without the greece crisis? it will probably go down? guesses as to price? Ill set some buys slightly below to catch the knife. Dont know what number though :s
37.
Post 11866986 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.21h):
Woot bitcoin was at $310+ !!!
Freaking hell...
38.
Post 11867320 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.21h):
I hate when BTC-e is $10 lower than other exchanges and no one arbitrages.... Cmon people.....
39.
Post 11980613 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.22h):
why price suddenly drop to 286 ?
Gemini?
40.
Post 12007945 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.22h):
Bitcoin4lyfe --- f**K Ethereum...
41.
Post 12030668 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.22h):
Grab some cheap coins from people who are panicking about mark karpeles's arrest . Gox has nothing to do with current prices so bears/shorters beware when jumping to conclusions from such information...
You will end up selling well below current value...
42.
Post 12153000 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.23h):
weekend discount of $5 - will be 265+ by monday. If $5 means anything to you then why not buy a few and make a sell wall at 265. Easy $5 per coin. 2% profit in one day (if you buy allot).
43.
Post 12153024 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.23h):
I really can see 500$ coming by next week. Leverage long seems like a no-brainer right now. I'm going to double down everytime now for every 10$ drop!
not 500 man. Would be cool if we could just hit like 300 and stay above, but current prices are good as well
44.
Post 12153245 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.23h):
trollnuts
not 500 man. Would be cool if we could just hit like 300 and stay above, but current prices are good as well
You tagged a troll which is a no-no in this thread but your latter point could be legit depending on how things turn out. I would agree that the next leg could be up to that range once again but we all know that time will call the shots. Most noobs that are ridiculous are the same person fyi.
Oops sorry about that.
45.
Post 12180046 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.23h):
I dont get why people are scared of the fork, either you get 75% of the netwrok and change to the new BTC or you dont get 75% and it stays the same.
No need to worry or anything. Ridiculous...
46.
Post 12340068 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.25h):
122k coins traded on huobi with no price movement, biggest BS. Such fake trading platforms should be blacklisted and ignored.
47.
Post 12340317 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.25h):
someone had their shorts closed on bitfinex hence the price hitting $248.5 for a short period of time.
Who knows if someone at bitfinex is actively using insider info to manipulate peoples stops in order to make money off traders or if it just keeps happening so perfectly by chance....
48.
Post 12341124 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.25h):
Even the bears are hungry! Time to buy! JK
49.
Post 12368330 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.25h):
Is it still time to hire some strippers (of both sexes, of course) for that kumbaya session devs are having in Canada?
Nerd egos are stubborn things, might be a good idea to soften up the mood. Make 'em mellow.
Still time? The Backpage-situation graduated all the exotic dancers in Bitcoin 101. International payments to Canada to these entrepeneurs only take seconds / minutes (depending on of much they trust zero confirmations).
And they start saturday! Plenty of time! Let's feed those bras with digital cash!
Hopefully, on monday you all will understand that scaling is not a big problem. Because all miners/nodes/pools/whatever do NOT need to confirm every bleeping transaction. The computer work can be easily shared. The big work isn't processing transactions. It's mining.
it's nice because I can arbitrage the spread and buy back immediately at a lower rate on an exchange, but of course I'm really just selling my risk of getting my bank account seized in the event that some bureaucrat somewhere decides it's money laundering and retroactively applies the decision to me. So I have to constantly drain the account to minimize the risk. I also have to buy back in immediately to minimize the exchange rate risk because the most buyers come in during an uptrend. A five dollar bump in three hours can wipe out any profit.
buying gas cards on purse.io is similarly problematic. I get a ~20% discount on the card, but I have to exchange the gamestop card for a shell card at a brick-and-mortar store which takes time and money, THEN I can only buy fuel at Shell stations which typically overcharge ~5% for fuel.
Once I have enough profit to cover living expenses, I crank up the premium I ask for on bitquick and crank up the discount I demand on purse.io. If nobody bites, it's no big deal. If they do, that's less work for me in the future.
Arbitraging is the only way I know to make profits without burning through my stack, except of course lending out coins on bfx but the vig is still pretty low. For bigger profits that that, one must OBSERVE THE WALL and get lucky.
Chill, BJ! Life is fun! "Sell" your coins to them at a hotel room!
To me, that would be like walking past apple trees to buy apples at the store. Plenty of slutty girls out there give it up for a drink or two. Here's the trick:
1. Be around 'em
2. Ignore them
3. Look like you're having more fun than them.
Hell, sometimes they buy ME drinks.
Ha ha, you are absolutly right, BJ. You just responded to Fatman and me joking as you had an accountant up your ass
You are always welcome to meet our viking girls!
Sorry I dont have anything useful to add but I just wanted to repost the image like you guys...
50.
Post 12369047 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.25h):
51.
Post 12377391 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.25h):
Weird that it seems bitstamp has more daily volume than bitfinex but bitfinex still has a bigger orderbook...
52.
Post 12436180 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.26h):
cheap coinzzzz
53.
Post 12443603 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.26h):
shorters help add liquidity to the orderbooks. We should thank them.
54.
Post 12479047 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.26h):
Bitfinex swap prices are at an all time low. It costs roughly the same amount to borrow dollars as it does bitcoins.
https://bfxdata.com/swaphistory/totals
55.
Post 12516352 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.26h):
What is happening on bitstamp? For every buy comes a sell for the same amount.
EDIT: Is it a bot that got crazy? Or is it a bearwhale saying to a bullwhale "You shall not pass"?
wow the volume is quite high on bitstamp. WTF is going on??
56.
Post 12516388 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.26h):
seemingly the same amounts being sold & bought repeatedly
Ye I just saw that. Broken bot or volume manipulation ?
57.
Post 12516612 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.26h):
shorts and long rate prices are ridiculously cheap on bitfinex. Both sides are going down. Are people moving to bitstamp and just quiting margin trading?
58.
Post 12516679 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.26h):
seemingly the same amounts being sold & bought repeatedly
Ye I just saw that. Broken bot or volume manipulation ?
Funny whether other exchanges will follow, or we end up stuck in the mid-$230s... then over the weekend, isnt there more likely fuel for dumping rather than pumping? Then we will be back to $227-ish?
If you look at the volume on a larger scale it actually looks like massive volumes of BTC were purchased on Bitstamp. still theres no telling if its real or fake.
If its real then some massive companies are accumulating tens of thousands of coins (the volume on bitstamp would actually be unbelievable in this case and bitfinex would no longer be the largest exchange).
If its fake, then who is paying the trading fees and why? or is bitstamp themselves faking the volume like the chinese exchanges always do?
59.
Post 12516683 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.26h):
shorts and long rate prices are ridiculously cheap on bitfinex. Both sides are going down. Are people moving to bitstamp and just quiting margin trading?
Partly. There was a drop in volume at Bitfinex, and an increase at Stamp, the last time 'finex's trading engine displayed jitters (e.g. problems closing positions, problems withdrawing). However, the short (BTC) rate isn't actually that cheap -
check out the rate over the long term, it tends to decline to 0.0055% (daily) - right now the FRR is 0.015%, and actual rates (the rates people actually lend/borrow at) are a bit below 0.01%. I've never looked at USD lending/borrowing on 'finex, so can't comment on that side on things.
60.
Post 12528510 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.26h):
It's still hovering around the 235. I didn't expect that. Normally there is a weekend dip. Wondering what the next week will bring.
China is like $5 above bitstamp as well. Seems like price may be on the rise.
61.
Post 12572826 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.27h):
very obvious fake volume bots on bitstamp.
They are becoming dodgy like the Chinese exchanges. I wouldnt trust them at this point.
Get your funds out of there and move to some legit exchanges that dont need to resort to fraud in order to stay relevant.
62.
Post 12573241 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.27h):
hahaha 3min candle at OKCoin with 22k volume
Hilarious, they don't even give a shit anymore. It moved the price a whopping 0.8 yuan.
Ye, I saw that as well. Pretty sad that there are so many active "Gox" style exchanges.
I hate the idea of regulating bitcoin but these scummy exchanges that engage in fraudulent behavior really deserve to be shut down...
63.
Post 12573437 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.27h):
woot 238.2 things are getting interesting...
bots or not, we're moving up, i think we'll be busting over 240 very soon.
Well bitfinex has hit 240
64.
Post 12614540 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.27h):
Correct me if I'm wrong, but why do some bears consider that last SR auction, good news for them?Aren't those auction participants buying at market price or slightly above it? Why would they dump those coins on exchanges instead of waiting for a significant increase in price?
The mere announcement of an auction often produced a dump even if the price pumped after the auction. We never found out what any winner paid, and I think it depended on sentiment at the time of particular auctions. I guess the first auction winner paid $500 - $600 market price to win all the coins. Although there was a good pump after the first auction the winner says he's still holding them. However, I guess the second auction winners paid less than the market price judging by the post auction dump. The sentiment was bearish at the time of the second auction.
If I were a troll whale, I'd pump the shit out of BTC on the 4th of November so that nobody gets to have cheap coins the next day at the auction.
Ye that would be interesting
65.
Post 12616762 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.27h):
Price is rising. We need more shorters to add liquidity for the bulls. Come on naysayers , put your money where your mouth is!!!
66.
Post 12616779 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.27h):
Whats up with those sneaky few $ dollar rise these days?
$246.-
I think this is a trap.
Not enough supply to keep up with adoption. Not necessarily a quick rise but the price needs to go up to convince some people to sell their stashes.
67.
Post 12630664 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.27h):
couple of hours until gemini opens.
68.
Post 12631461 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.27h):
if theres a dump that will just help the "institutional investors" get in cheaper
69.
Post 12632257 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.27h):
when they said buy the dips is that now?
70.
Post 12633122 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.27h):
next step after Gemini -> ETF!
Invest your retirement funds!!!
71.
Post 12633171 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.27h):
90 minutes to go now, right?
This is the most boring reaction to a sorta major event yet, I bet we won't even have a dump...
Well there wasnt exactly a pump to begin with. Also aside from the news the technical chart people were saying the price was going to rise about now anyway.
72.
Post 12633344 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.27h):
so if price drops people will just be selling cheap coins into the hands of new institutional investors.
Probably better that way anyway. Those guys dont freak out every $5 up or down. will reduce the amount of trolls.
73.
Post 12635691 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.27h):
all these people crying about gemini... give it a few weeks/months to actually get online properly... rome wasnt built in a day...
74.
Post 12650146 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.27h):
Looks like they're not seeing the mystery candles for 10-80k coins happening in china with clockwork regularity, nor the repeating orders on bitstamp that barely move the price, nor the complete dearth of action in the intervening periods.
To use raw volume numbers reported by the unregulated exchanges as the sole basis for a trade sounds to be something other than "experienced".
For the last two nights I watched about 6k coins quickly thrown into a 25 Bitcoin wall at the quietest time possible on Bitstamp. The price barely moved by a dollar. Apart from that the volume was almost none-existent. It's funny how it happened when most people were sleeping. Exchanges faking volume makes me so angry.
I posted and made threads about this activity occurring on bitstamp but my threads were quickly shutdown or moved to other parts of the forum where they will not be seen by most people.
Very sad that censorship is occurring in such cases. Will be interesting to see what happens if gemini takes a large market share from the scam exchanges that engage in fraudulent and suspicious behavior.
75.
Post 12655515 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.27h):
someone closing their longs everytime the price goes up a few dollars on bitfinex.
Also fuck bitstamp - they are the new okcoin fake volume exchange.
76.
Post 12667415 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.27h):
If I was a whale I would keep the price down until after the marshals auction and get all the BTC at a discount.
77.
Post 12672675 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.27h):
seem to recall, several years ago, an announcement by some exchange that they were implementing "shadow" book orders, that are invisible to most ordinary clients. Perhaps they just started showing shadow-book trades on the ordinary ticker, to boost their public volume numbers...
That seems to be what's happening. But why would they want a lot of off book transactions? Don't they make money based on a percentage of the order cost? Why would they not want the price to rise as much as possible?
OKCoin and Huobi do not charge fees for trading, only for deposit and/or withdrawal, and interest on leveraged trading. As I recall, the shadow book was meant to cater for clients who wanted to trade on the exchange, but did not want their large orders to affect the price against them. (I may have misunderstood, and I don't know whether that makes sense.)
It's hard to see responses between all these ChartBuddys.
Thanks, I think they would be better for all if we could actually see the effects of the trades that are happening.
Right, so we are supposed to belive that while BFX volume has continued at an a consistent mostly anaemic pace for the last 2 months, OKC and Huobi have a bunch of 50k BTC orders that they suddenly decided to announce in their volume figures ...OK .... <sips Kool Aid> .... perfectly reasonable explanation.
Oh wait ...no announcement from an exchange that is being accused of faking numbers that they have a valid reason for suddenly higher numbers. OK ... <sips more> that makes perfect sense
If it walks like a duck and quacks like a duck ... most likely explanation is 'it's definitely not a duck'
it's clear enough by now that these exchanges are bucket shop status, especially BitFinex
I dont know about the bidwalls on bitfinex (especially since people can use 3x leverage to create fake falls if they desire),
However after much observation I dont think bitfinex is faking their trade volume. They actually seems legit and the order book actually matches the orders that occur.
78.
Post 12681386 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.27h):
Bitstamp is the way.
Things on stamp can change quick... It is a liquidity provider for many other companies.
They are actually no longer a liquidity provider and have resorted to wash trade bots in order to make it seem like their exchange has volume and is still relevant.
I dont think they ever recovered since their hack when most traders left their platform and moved elsewhere.
Sources:
https://bitcointalk.org/index.php?topic=1205564.0https://www.reddit.com/r/BitcoinMarkets/comments/3lwnyn/the_state_of_trading_in_the_bitcoin_markets/https://www.reddit.com/r/BitcoinMarkets/comments/3okvda/bitstamp_the_new_okcoin_20_volume_manipulators/
79.
Post 12683852 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.27h):
Dude... You don't know much about Stamp.
I dont think you do if you cant even notice obvious wash trading. Maybe get some window wipers for your glasses.
80.
Post 12684081 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.27h):
Dude... You don't know much about Stamp.
I dont think you do if you cant even notice obvious wash trading. Maybe get some window wipers for your glasses.
If you can't see the cause and time when stamp, currently undergoing wash trades or not aside, recovered a substantial number of their previously lost clients, you're at least as clueless yourself.
Their exchange used to have massive large volume trades on a constant basis. It seems that they only started using wash trade bots post hack, once they realized they no longer have enough customers to create such large volumes and therefore they have resorted to artificial volume trading bots.
You are free to believe what you would like to but consumers should be made aware of this so they can make informed decisions before risking their money.
81.
Post 12698448 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.28h):
where is the consolidation? or will the price simply just rise with no breaks...
82.
Post 12708659 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.28h):
whats going on!!!!??? I thought the whale was supposed to hold the price down until after the marshals auction???
had some buy offers in at $240.... fkkkk
83.
Post 12709963 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.28h):
chinese price is over $10 more... wow...
84.
Post 12745816 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.28h):
just saw 800 coins bought on bitfinex in 4 orders that werent shown in the orderbook. buys were for solid amounts, 100, 200, 200, 290... all filled at one exact price, no slippage at all...
very strange...
85.
Post 12746444 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.28h):
I personally dont care if bitcoin goes to the moon or not, for me bitcoin is digital gold and as long as it doesnt go below my purchase price (purchase power) I dont care what price it is.
86.
Post 12754580 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.28h):
but.....but.......they said double top.
Traders are like zombies, just when you think they have eaten enough they come back for seconds. Nom nom nom...
87.
Post 12806423 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.29h):
shorts and longs going up on bitfinex. cant wait to see some margin calls. Which side will they be on though... dun dun dun daaaah.
88.
Post 12820122 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.29h):
Looks like some people were waiting for that wall to get swallowed to subsequently dump hard on the market. Weird. Couple dollars dropped.
Or the buyer of the wall wants more and dumped a few hundred out of the 2k acquired onto the market in hopes more people put walls up. $310 is actually quite cheap.
89.
Post 12901492 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.32h):
looks like the resistance holds up...looks very bullish atm...i think we will go up now
wow some of the posters here are seriously trying to delude others. Things do not look good, price does not look stable, yes it may go up but thats not because "things look good" if anything things look bad, really bad.... loads of people are in the red and want to get out, who exactly is going to buy ? the fake volume bot in china?
90.
Post 12901744 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.32h):
yay! bitcoin is climbing!
DO NOT GO FOMO IF THE PRICE RISES BY $5-20 AND THINK YOU WILL SEE $500 TODAY OR THAT YOU WILL MISS THE TRAIN. CHINA HAS STOPPED PUMPING SO BEFORE YOU PLACE YOUR BETS/LEVERAGE WAIT FOR THE MARKET TO SETTLE... YOU WILL NOT MISS THE TRAIN, AND THE SMALL RISES ARE CALLED BULL-TRAPS:
DEFINITION of 'Bull Trap' A false signal indicating that a declining trend in a stock or index has reversed and is heading upwards when, in fact, the security will continue to decline.
https://en.wikipedia.org/wiki/Bull_trap
91.
Post 13242104 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.37h):
92.
Post 13251302 (copy this link) (by Fiat_Hodler) (scraped on 2020-04-04_Sat_14.37h):
and reddit is down...
