The Bitcoin Thread

[Unhappy1]

Still waiting for my deposit into Luno.

 

[Noock]

Still waiting for my deposit into Luno.

Mine from FNB usually take 15mins to reflect

 

[Unhappy1]

Mine from FNB usually take 15mins to reflect

Same and also FNB but still waiting from yesterday.

 

[balrog]

This and the capability for micro transactions in future when the network issues are completely resolved.
Up to now registration subscription or ad revenue was the only way for many online sites, content creators and cloud tools to make money.
I would gladly pay a few cents or whatever to access, say and article, video, online PDF conversion tool etc. etc. if I could have a "Hot Wallet" with some Satoshi's linked and no registration or ads.

I don't think many people realize how this is going to change the landscape if it ever takes off.

You should look into BAT (Basic Attention Token) and the Brave browser. This is exactly what it does, just using BAT tokens rather than BTC.

Declaration: Yes, I do own some BAT tokens

 

[Mier]

Luno back up to 54k :wtf:
I don't think that'll last though

 

[balrog]

It's a good buy opportunity at the moment, but personally I'm waiting to see if it drops lower before buying. Or wait for confirmation that it's returned to uptrend. Personally I don't think now is a good time to buy, but I've been wrong many times.

Yep, rather wait for a bottom to be confirmed. By "now", I meant during this phase of downwards movement, I should have been more clear.

 

[Sensorei]

He told his friends to buy bitcoin last week.

 

[Noock]

I find it fascinating how uncorrelated the price on luno can be at times... 20$ drop on bitfinex, R4000 drop on luno... Lol

 

[The_Ogre]

I find it fascinating how uncorrelated the price on luno can be at times... 20$ drop on bitfinex, R4000 drop on luno... Lol

It's dependent on the buy and sell price in that particular market. To put it differently Naspers on the JSE and Naspers on the NYSE's trade does not necessarily have to be in sync

 

[Noock]

It's dependent on the buy and sell price in that particular market. To put it differently Naspers on the JSE and Naspers on the NYSE's trade does not necessarily have to be in sync

I am aware that markets act in isolation. I find it fascinating how peoples behaviors differ so much

 

[Noock]

I am aware that markets act in isolation. I find it fascinating how peoples behaviors differ so much

I should have said exchanges not markets...

Makes good opportunities for arbitrage traders

 

[The_Ogre]

I am aware that markets act in isolation. I find it fascinating how peoples behaviors differ so much

Oh that

 

[Sensorei]

There's a buy order on Luno for 27.9 Bitcoins at R49,000.
Somebody isn't messing around.

 

[handyman007]

There's a buy order on Luno for 27.9 Bitcoins at R49,000.
Somebody isn't messing around.

How do you see this?

 

[Gtx Gaming]

How do you see this?

https://www.luno.com/trade/XBTZAR

Scroll down on left side.

 

[Noock]

How do you see this?

On the exchange...
FYI that order is probably many people wanting to buy at the same price

 

[Adenoid Hynkel]

There's a buy order on Luno for 27.9 Bitcoins at R49,000.
Somebody isn't messing around.

Doesn’t mean it’s one buy order. It can be a 100. It’s just grouped

 

[handyman007]

Thanks.

 

[Compton_effect]

[video=youtube;qsMc-IswG3w]https://www.youtube.com/watch?v=qsMc-IswG3w[/video]

 

[Sensorei]

On the exchange...
FYI that order is probably many people wanting to buy at the same price

Makes more sense now.