Bitcoin Price Thread

[johnarb]

Bitcoin is a bitcoin buy them at bitstamp transfer to gdax sell move fiat back to bitstamp repeat.

Have you done it? If not, go ahead and try...

 

[lovethetrade]

I don't understand why people would want to short this thing, it's just a whole different beast.

Market dynamics still apply to Bitcoin. It follows the same rules as any other liquid market.

The amateurs are buying at this level, the big players are all short.

 

[Illini Trader]

None of the other top 20 cryptocurrencies are up...they are all trading lower which is interesting because the last rally nearly every cryptocurrency moved in lockstep....iota coin is now down over 30%!!!!

This is not an unusual situation at all if you have followed the cryptos very long

 

[johnarb]

Hello, Bitcoin is over $17,000 each on Coinbase/GDAX. Yay.

[are we having fun, yet?

 

[Covertibility]

My left side of gdax.com just gave up on the bid-ask. Stuck at 14,430.
Once 17k hit, wow from 17,000 to 17,200 to 17,450. Bounced all over, didn't even bother with the other numbers in between. Now at 17,600.

 

[johnarb]

Hey now, Bitcoin is over $18,000 on Coinbase/GDAX. Yay

 

[just21]

Bitstamp/gdax arb goes to $3000+

 

[S2007S]

Coinbase premium is insane when compared to other exchanges!!!
You can't even get an accurate price with all different prices on each exchange...

 

[Covertibility]

Gdax is broken. Way tooo many FOMO's

 

[S2007S]

I'm really pondering what the exit is going to look like when it finally reverses....

Imagine being the sucker who paid a premium on coinbase just to see it immediately collapse, guy could be down $3000-$5000 in 24 hrs