The Bitcoin Thread

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Glad I bought Aventus (AVT) during the 7 minutes the ICO lasted - LOL! Making some nice gains on Bitfinex. AVT is a solid project, I think it will give some nice returns.
 
balrog said:
How have your result been with Leonardo?
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Good, but not necessarily with the bot. There are two strategies and the one I tried required more volatility than was present at the time. Manual trading was superb. I enjoy the UI and ability to zoom in on the market depth. It's way more dynamic than the online UIs being a desktop app. If you take the more expensive option, you get to use the same UI across all platforms which is a win.
 
So...gonna see $6000+ in the next few days or going down a bit? BTC once again needs to decide wtf it's gonna do.

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Voicy said:
That's not what I'm referring to.



Yip.

Let's say you bought 1BTC for R50k. Now it's valued at R78k. You want to auto-sell everything when the value drops to R55k to protect your buy-in capital with some buffer.

If I set up a sell order in Luno for R55k I'll be the dummy who just sold BTC for R23k less than its value.
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In Luno it will sell to the most expensive buyers first.
So say you sell 10 at R55k and market is at 78k.

You could have 3 sold at 78k 4 sold at R77k rest at R76k.
 
Oh no - rumors about Bittrex freezing accounts and not responding to tickets (cointelegraph article). *SIGH* - might have to split my risk and move some alts back to Polo.
 
I was wondering if it is possible to transfer directly from my Luno wallet to someone else's Luno wallet? Or should I buy bitcoin first and then transfer bitcoin to someone else's Luno wallet?
 
fourijm said:
I was wondering if it is possible to transfer directly from my Luno wallet to someone else's Luno wallet? Or should I buy bitcoin first and then transfer bitcoin to someone else's Luno wallet?
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You mean transfer South African Rands to someone else's Luno wallet? If so then no AFAIK. Bitcoin is doable, yes.
 
Wow, I haven't monitored it for a while. Just saw that Sia coin is at 74 sats - last time I looked, it was around 500, with ATH in the 800's!! WHAT HAPPENED??

Time to buy some, it looks like :D
 
Interesting - the Luno price is very resilient, even though the international price has been trending marginally downwards. Due to the weak ZAR perhaps?
 
Hempiz said:
https://bitcoincharts.com/charts/bitxZAR#rg1zig30-minztgSza1gEMAzm1g10za2gEMAzm2g25zi1gMomentumzi2gRSIzv


Found a Technical analysis chart for Luno data . Data correlates to the graph on https://www.luno.com/trade/XBTZAR . It actually seems to have the last time periods data as well as the graph on Luno lags by one 30min Time period.

Note: timescale seems to be GMT. Light green/light red bars are volume.


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Will bookmark that one, thanks.
 
balrog said:
Interesting - the Luno price is very resilient, even though the international price has been trending marginally downwards. Due to the weak ZAR perhaps?
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I think the Luno price is resilient because the arbitrage somehow factors into it. Not too long ago the price on LUno was anywhere from 10% to 15% higher than on international exchanges, something which I assume is down to liquidity shortages. So when the offshore price moves, the price on Luno lags on account of the arbitrage.

speaking of which...did anyone else run the arbitrage? Buying offshore and selling locally?
 
Natas said:
I think the Luno price is resilient because the arbitrage somehow factors into it. Not too long ago the price on LUno was anywhere from 10% to 15% higher than on international exchanges, something which I assume is down to liquidity shortages. So when the offshore price moves, the price on Luno lags on account of the arbitrage.

speaking of which...did anyone else run the arbitrage? Buying offshore and selling locally?
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The price is simply what local people are willing to pay. Willing buyer / seller. If the highest order for BTC on Luno was R1000 then that's what you can sell for at the time. As it is, there are people willing to pay a bit higher than the average rate.
 
Wonder what's going on, the price dropped by R3k/BTC since last night.
 
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