All posts made by elg in Bitcointalk.org's Wall Observer thread
1.
Post 2757862 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.11h):
ok.... noob here....
why this difference in rate Bitstamp vs MtGox ??
2.
Post 2757905 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.11h):
Think i got it
Thx Blitz and Chalkbot (best answer lol)
so what is the "real" buy/sell rate ?
3.
Post 2758117 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.11h):
tx Chak, bcdev and samson,.
Since the difference in rate i'm trying to understand...
e.g. wondering now,.....how ask price on Bitstamp can be 10% lower as on MtGoc
4.
Post 2820656 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.12h):
another 4k buy
5.
Post 2821017 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.12h):
no moderators around to split this thread?
6.
Post 2822175 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.12h):
gg
7.
Post 3021856 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.14h):
8.
Post 3043294 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.14h):
and up it goes
9.
Post 3287296 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.16h):
wowow , someone did pull up a big ask wall
10.
Post 3287345 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.16h):
wowow , someone did pull up a big ask wall
English sir? Maybe you mean,
"Wowow, someone did put up a big bid wall!"?
If the bid wall continues to creep up, eventually it'll be sold in to. Prob around $130
LOL bid wall pulled ,now people sell
DUMBDUMBDUMBDUMB
Sorry for my English indeed, apologize,
someone did put up a big bid wall
11.
Post 3615051 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.24h):
BAM!
12.
Post 3677907 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.27h):
noob question: how come Stamp and Gox are on the same btc value now?
13.
Post 3736975 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.29h):
yes!
14.
Post 3883173 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.34h):
in China, is it sunday- or monday morning now?
15.
Post 3883213 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.34h):
thx, i knew i was lazy, buys on Cox, sells on Stamp...
is it really possible to arbitrage that quick?
16.
Post 3896619 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.35h):
siliconANGLE » Bitcoin isn’t banned in China, only legally defined.
inShare16
The last several days have been particularly volatile for new watchers to Bitcoin. The price of Bitcoin peaked out at over 1.2 mBTC ($1,200 / Bitcoin) on the fourth, but following warnings from the People’s Bank of China, the price tumbled to .576 mBTC ($576 / Bitcoin) before correcting upwards to .860 mBTC ($860 Bitcoin) on Sunday morning trading.
Those who have followed Bitcoin since it’s inception may look at the recent fluctuations in price as somewhat tame, but much has been said and alleged about what’s going on in China.
China has most certainly lead the rise in value in Bitcoin these last several weeks. Bitcoin Magazine put a pin in it yesterday:
First, it is important to note what the immediate causes of the price crash were. Although no one has access to an alternate universe simulator, and so we can never truly know what would have happened had certain events gone differently, certain facts about the Bitcoin economy allow us to make solid educated guesses. First of all, the bulk of the rise from $125 to $1000 was backed by Chinese speculation. Evidence that China was “leading the rally” is plentiful, ranging fromtechnical analysis on price movements around the time when Bitcoin broke through the 165 USD / 1000 CNY level, to BitcoinQt download statistics showing China climbing up to (and, as of the time of this writing, staying at) first place in the number of downloads, and the rapid growth of volume in Chinese exchanges, culminating in BTCChina taking over first place.
Many folks, like Bloomberg and Forbes, have erroneously asserted that China has “banned” Bitcoin in a statement on December 5th.. This isn’t, in fact, the case. I used to be a vice president for a large investment bank based in Hong Kong, so I can provide a little better insight than most on what’s going on with.
The People’s Bank of China has basically given the green light for Bitcoin trading and exchanges. They are trying to keep Bitcoin trading “separate” from the other parts of the financial system so that if Bitcoin blows up, then nothing bad will happen. The thing that I think they are worried about is a Lehman Brothers-style situation in which something blowing up in derivatives brings down the rest of the economy.
The strategy of creating a ring fence around new markets is a very standard one in China. Hong Kong is an entire city that is ring fenced.
Outside of financial institutions covered by the People’s Bank of China regulation, there is no other legal restriction for using Bitcoins as the medium of transactions.
People aren’t prohibited from using Bitcoin to purchase things (like a currency), but I don’t want to use the word “currency” since legally speaking Bitcoin is not a currency in either Hong Kong or Mainland China. The fact that Bitcoin is not a currency means that it can be used for transactions in Mainland China. If it was a currency you couldn’t legally use it for a transaction in Mainland China, so the fact that the Chinese authorities consider bitcoin a commodity and not a currency is extremely important.
The same thing goes for Hong Kong. You can use anything for a transaction, but if you convert currencies, you need a money broker license.
One good thing about the Chinese announcement is that by declaring bitcoin to be a “commodity” that creates legal certainty for how it is to be regulated.
In general, though, there is not a terrific amount of media coverage on the topic. It only started to get on the radar screen a month ago. The main driver of interest in Bitcoin for China is that there is tons of money in China and no one knows what to do with it all.
The traditional investments (real estate and stocks) have been closed off by government action since the government has made it clear they will kill any bubble in the real estate and stock markets. So the money is going into all sorts of “non-traditional” investments. Bitcoin is simply just one of more attractive options right now.
Even so, geeks are the primary buyers. So far, it’s not the type of thing that random people will buy; it’s not very mainstream. However, it has taken the Chinese geek community by storm and there are a lot of geeks in China. As with a lot of Chinese things, the fraction of people in China who are geeks is small, but a small fraction times a billion is a lot of people.
Bitcoin has not gotten much mainstream attention and it is still something that is with geeks, but you have the perfect storm of a lot of other things. The main thing is that Bitcoin has hit China exactly at the time where China is looking at restructuring its entire economy and financial system to move out of low tech industries into high tech ones. It also hit China at just the right time in the credit cycle. China has recovered from the 2008 crash and is just starting to enter into another boom phase (which will last about two to three years before the economy crashes again).
source:
http://siliconangle.com/blog/2013/12/08/bitcoin-china-meaning/
17.
Post 3909191 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.35h):
BAM
18.
Post 3994772 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.39h):
what is an invisible wall?
19.
Post 4025406 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.42h):
20.
Post 4065730 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.44h):
wow, that went to quick for me to buy in..., had a smoke , came back, and it was done
21.
Post 4065775 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.44h):
can.not.go.to.sleep...must.stay.awake
hodling
22.
Post 4092752 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.45h):
@bitcoinslave, you can only see it in IE
23.
Post 4094289 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.45h):
@slave size is the number of coins....
24.
Post 4095411 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.45h):
miss the "thanks button"
25.
Post 4095747 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.45h):
rpetiela deleted his best wishes??
26.
Post 4095960 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.45h):
English is not my mothertongue. but i don't read anything between the lines?
Or is it the Picasso cold wallet?
27.
Post 4096131 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.45h):
English is not my mothertongue. but i don't read anything between the lines?
Or is it the Picasso cold wallet?
28.
Post 4096326 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.45h):
meanwhile hodling and of to bed
if the forum allows me to post at least, but just once .. Choo Choo to everyone :p
29.
Post 4111738 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.45h):
30.
Post 4137754 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.46h):
lol
31.
Post 4137789 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.46h):
http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20131225000091&cid=1102Huobi, another online bitcoin trading platform, said it has contacted the central bank's related departments, hoping to help the bank draft a proposal to supervise bitcoin transactions and set up a legal payment channel for the virtual currency, said Huobi co-founder Du Jun. "We absolutely won't challenge the government, and we are willing to be a thinktank for the government," he said.
Insiders said that the central bank may approve of this suggestion as it wants to beat speculation on bitcoin, while on the other hand, the bank, once establishing a mechanism to control the currency's trading risks, can hold authority in the bitcoin world. For bitcoin platforms, compromise is the only choice for survival, the report said.
BTC China is feeling the squeeze. Before Dec. 16, it was the world's largest trading platform for bitcoin, but it lost the position in just one night. BTC China and Huobi have forged an alliance, hoping to set up a union by the end of December to discipline trading platforms themselves as a supplement to the central bank's supervision, Du said.
32.
Post 4137825 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.46h):
Singapore government decides not to interfere with Bitcoinhttp://www.techinasia.com/singapore-government-decides-interfere-bitcoin/The Monetary Authority of Singapore (MAS), the country’s central bank, has decided not to intervene on whether businesses can accept Bitcoin as a means of transacting goods and services.
33.
Post 4139131 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.46h):
34.
Post 4175975 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.47h):
not leaving yet neither
buying and hodling
i like it more above 800
and cheers freethinking
35.
Post 4185670 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.47h):
come on guys.... this way it isn't fun reading on here.....
36.
Post 4261229 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.49h):
could someone explain what this discussion is all about in a few simple words?
37.
Post 4331404 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.51h):
No option for btc in my facebook account:
Welke betalingsopties zijn er?
Je kunt momenteel met creditcards en betaalpassen van hetzelfde type of merk betalen voor advertenties. We accepteren de volgende kaarten:
Visa
MasterCard
American Express
Discover
PayPal
Automatische incasso
38.
Post 4334363 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.51h):
Dutch peeps just speak English
39.
Post 4375954 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.53h):
what's this second 804 Adam Chartbuddy???
edit: Stamp i see, very good!
40.
Post 4437491 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.54h):
BAM
41.
Post 4568866 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.56h):
again a 0,8k buy on gox and 0,8k sell at stamp, cant see the time difference though...
42.
Post 4641340 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.57h):
Now 500 BTC wall @821 has been attacked on BitStamp. Will see if it will be eaten or raised.
It is going to be eaten
43.
Post 4641366 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.57h):
*blurb*
44.
Post 4691898 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.58h):
404
45.
Post 4694956 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.58h):
nice...thanks for the summary, but could you split it up to several pages?
my waterfox keeps freezing when i open it. (old quad, 8GB RAM)
I may do something like that. Or resample the images to smaller size to save space (that would likely kill the animations though).
And maybe add a <head> <body> <title> and alt img....so the big google can index it
46.
Post 4775412 (copy this link) (by elg) (scraped on 2020-04-04_Sat_11.59h):
47.
Post 6069110 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.33h):
ahh thx
48.
Post 6073526 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.33h):
new poll
new format
more serious
Hodl!
49.
Post 6082629 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.33h):
there is also news from the 4th....
nvm still old news
50.
Post 6190988 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.36h):
where is the "meta" thread??
51.
Post 6213085 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.37h):
LET'S GIVE PROBABILITIES TO THE FOLLOWING EVENTS
a) In 2014, price will visit below 100 = 5%
b) In 2014, price will visit below 200 = 10%
c) In 2014, price will visit below 300 = 30%
d) In 2014, price will visit below 400 = 70%
e) In 2014, price will visit above 500 =99%
f) In 2014, price will visit above 750 = 70%
g) In 2014, price will visit above 1000 = 50%
h) In 2014, price will visit above 1250 =35%
i) In 2014, price will visit above 2000 = 10%
j) In 2014, price will visit above 3000 = 5%
k) In 2014, price will visit above 4000 = 4%
l) In 2014, price will visit above 5000 = 3%
m) In 2014, price will visit above 7000 = 2%
n) In 2014, price will visit above 10000 = 1%
/LET'S GIVE PROBABILITIES TO THE FOLLOWING EVENTS
52.
Post 6226835 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.37h):
500 @ stamp
53.
Post 6361692 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.40h):
me like so bull
54.
Post 6440020 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.41h):
pls... guys, stop talking about Risto for a while....
Why are people buying atm? Is it because they want to have coins, to be able to get out the chinese exchanges??
55.
Post 6440903 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.41h):
nice one
56.
Post 6443565 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.41h):
450 wall at stamp is being eaten
edit: eaten
57.
Post 6478788 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.41h):
excuse for the noob question,
so a red candle on wisdom means more sell volume than buy volume?
and a red candle can be higher (than previous candles)due to a a higher sell price?
58.
Post 6478831 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.41h):
excuse for the noob question,
so a red candle on wisdom means more sell volume than buy volume?
and a red candle can be higher (than previous candles)due to a a higher sell price?
Just means that the opening price was higher than the closing price, it has nothing to do with volume.
thx!
but the lenght of the candle has to do with the volume i suppose
59.
Post 6478991 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.41h):
thx for the answers guys, just the question was noobish..
60.
Post 6837624 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.45h):
ja hallo.....
61.
Post 6872866 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.46h):
And the buys, a few hours ago, how can they happen at all exchanges at once?
62.
Post 6873215 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.46h):
And the buys, a few hours ago, how can they happen at all exchanges at once?
Arbitrage trading keeps price in sync across all exchanges, with delays under one minute usually. Because of arbitrage, a single large move at one exchange momentarily reversed there and duplicated it at the other exchanges, almost at the same time.
Thanks Jorge, indeed the only thing i could think of, but thought wasn't true, because of the rather high volume
63.
Post 6882861 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.46h):
wall at 530 seems a real one....
64.
Post 7044406 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.48h):
wall pulled
cc
65.
Post 7061629 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.48h):
pffff , finally some movement on Stamp, never saw it this quiet before...
it's been at 622 for 2 hours or so
66.
Post 7076356 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.49h):
miniwall at 675 gets eaten.
edit: done
67.
Post 7096882 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.50h):
no problem loading Stamp here
68.
Post 7096906 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.50h):
big dumps, but great support. not going down
69.
Post 7545418 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.55h):
here we go (i hope)
70.
Post 7628680 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.56h):
Mod Adam, new poll please?
71.
Post 7640348 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.57h):
Adam, new poll pls
72.
Post 7646130 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.57h):
Not working at all though. They seriously didn't think this would draw a crowd?
it's live now
73.
Post 7646223 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.57h):
74.
Post 7646420 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.57h):
he just told, he won't reveal how much he paid. but it is a long term term investment
this investment will help the world economy..
he might be looking for more btc, he will be givin another press release
he did spend use btc atm
..snap cart...
the btc he bought are under his own name
building wonderfull ecosystem
daniel from coindesk about transaction fees..
srry to lazy to continue , hoping someone else will give a transcription
75.
Post 7646714 (copy this link) (by elg) (scraped on 2020-04-04_Sat_12.57h):
this press conference wasn't to bad actually
and they did explain what their business plan is, yes
prob a transcription will be online soon
76.
Post 26381111 (copy this link) (by elg) (scraped on 2020-04-04_Sat_15.32h):
So them "printing Tethers out of thin air" can some/most/all/a little of it be money from actual customers?
I'm sure some is real, but without a way to audit it, it would be wise to question it.
Than this should be audited,
or can anyone explain more?
77.
Post 26506759 (copy this link) (by elg) (scraped on 2020-04-04_Sat_15.33h):
Guys... subject of this thread is "Wall Observer BTC/USD - Bitcoin price movement tracking & discussion"
78.
Post 26806143 (copy this link) (by elg) (scraped on 2020-04-04_Sat_15.34h):
Breaking 24777$ prediction game
1/1/2018
79.
Post 26953587 (copy this link) (by elg) (scraped on 2020-04-04_Sat_15.35h):
i would never enter my private keys on a website though.
80.
Post 27010060 (copy this link) (by elg) (scraped on 2020-04-04_Sat_15.35h):
Dankjewel voor alle tijd en moeite micgoossens,
Betaal je de prijs uit je eigen zak?
81.
Post 27010806 (copy this link) (by elg) (scraped on 2020-04-04_Sat_15.35h):
Dankjewel voor alle tijd en moeite micgoossens,
Betaal je de prijs uit je eigen zak?
Ja toch wel en graag gedaan .... beetje spanning soms moet al eens kunnen toch....
Goed gedaan dan!
82.
Post 28853488 (copy this link) (by elg) (scraped on 2020-04-04_Sat_15.40h):
If Bitcoin closes above 11147 in 2.75 hours from now, that would be bullish and Boblawblaw should then be able to stick to his retirement plans and sell @ 12500 very soon.
why 11147?
83.
Post 29053805 (copy this link) (by elg) (scraped on 2020-04-04_Sat_15.40h):
just did put someone on ignore for the first time ever
84.
Post 29670932 (copy this link) (by elg) (scraped on 2020-04-04_Sat_15.42h):
yes, looking at the 6 month / 1 year chart $5000 looks like the bottom
85.
Post 29744751 (copy this link) (by elg) (scraped on 2020-04-04_Sat_15.42h):
Jalapeno, owwww, you brought up bad memories..... Butterflylabs
86.
Post 29745592 (copy this link) (by elg) (scraped on 2020-04-04_Sat_15.42h):
@ V8,
Actually i ordered a Monarch, which they did not deliver, but at the end i received my money back. So all good in the end.
I love bottoms btw, and bought into it
87.
Post 30373170 (copy this link) (by elg) (scraped on 2020-04-04_Sat_15.44h):
thx Last of the V8s for the game link,
originates in Iran, i am to old for this, but my son and his higly educated team might give it a serious try
stones to communicate , Rosetta, buried owl
might need a new thread
have no smerits
but thx again
88.
Post 30373367 (copy this link) (by elg) (scraped on 2020-04-04_Sat_15.44h):
yeh, although we had this painting thingy b4
thx
89.
Post 30373880 (copy this link) (by elg) (scraped on 2020-04-04_Sat_15.44h):
yeh, although we had this painting thingy b4
thx
i stand corrected. should have said 'steam first' but now i dunno. sure there were many games before. what was the painting one?
took only 3 years to solve
and thx Ibian, /those were the times/
90.
Post 30441617 (copy this link) (by elg) (scraped on 2020-04-04_Sat_15.44h):
wow, such se reflechier, wisdom in the last pages, no shouting, no war , unreal
but a good read
91.
Post 30442516 (copy this link) (by elg) (scraped on 2020-04-04_Sat_15.44h):
So, we need to get Bitcoin on a CD ROM to get this going
jajaja
on windows 3.1
92.
Post 30508927 (copy this link) (by elg) (scraped on 2020-04-04_Sat_15.44h):
good game
93.
Post 30639164 (copy this link) (by elg) (scraped on 2020-04-04_Sat_15.45h):
and now, go observe the wall guys
