Whale Club: The Trading Room That Loves Bitcoin Price Declines

Whale Club: The Trading Room That Loves Bitcoin Price Declines

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“How much is he dumping?” The phrase comes to surface amid a collection of voices, most discussing the unknown trader. The room focuses on his (or her) observable market influence, dissecting how and why he closed all his short positions for signs of strategy. “He was defending that position,” one of the voices says with authority. “That price should have gone up on the ratio, it didn’t. I think it was him dumping.” Whether he’s Clowncontrol, Gregcron or Barry White, or one of a host of other usernames thabt dot the screen, is unclear. Salacious talk aside, it’s a boring day in the Whale Club trading room. Bitcoin is trading at $250, up from $230 days before. The rise has been the first jolt in an otherwise “choppy” cycle for theprice of bitcoin, weeks of ups and downs with no clear trading patterns to yield profits. “It’s been out since Monday,” one of the traders interjects amidst sudden silence, clearly bored by bitcoin’s stability. Debate ensues over the hit Netflix series House of Cards. For a moment, it could be any Wall Street break room. “Look at this one-minute candle, holy [expletive]!” exclaims another voice. Just as quickly, Whale Club is …

5 Ways to Buy Bitcoin with Paypal – Scams and Legit ways

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  There’s no news to the fact that Paypal has been denying people the ability to buy Bitcoins with their services. It’s written loud and clear in Paypal’s TOS that they do not cover digital goods and this leads to the issue of chargeback. Hence anyone trying to sell Bitcoin with Paypal will probably be suspended from Paypal. Having said that, there are still a few options to be able to purchase Bitcoins through the use of a Paypal account. Most of them are far from perfect but if you need to acquire a small amount and it’s a one time thing you may want to consider them. Option 1 – Buy Bitcoins with Paypal through Virwox This is probably the oldest and most tried out system in the book. We’ve written about this method many times and it seems to work pretty good. The main cons of buying through Virwox is that the fees are extremely high (can amount to around %15) and sometimes you just don’t get approved. The pros is that it’s tried and tested, meaning low scam possibility. Option 2 – Buy Bitcoins with Paypal through Local Bitcoins Local Bitcoins is a market place of buyers and sellers of …