Author

Topic: These days, the REAL bitcoin price is this one (Read 978 times)

legendary
Activity: 1162
Merit: 1004
February 14, 2014, 05:01:04 AM
#10
It's doing 200btc of volume per day...

No problem. Everyone who wants to trade real coins is able to do it here. The trades at gox and stamp are IOU-trades only.
My bitfinex withdrawal is just fine and the volume is at least 100 times that of localbitcoins.

how much of this is made by bots?
Who knows. But at 200 coins of volume per day, it would take approximately 180 years to move all of the bitcoins. Localbitcoins can't possibly set the price.

I'm not sure. Is paper-gold trading setting the price of Gold or is it the thin volume of real coin buying/selling?
hero member
Activity: 728
Merit: 500
It's doing 200btc of volume per day...

No problem. Everyone who wants to trade real coins is able to do it here. The trades at gox and stamp are IOU-trades only.
My bitfinex withdrawal is just fine and the volume is at least 100 times that of localbitcoins.

how much of this is made by bots?
Who knows. But at 200 coins of volume per day, it would take approximately 180 years to move all of the bitcoins. Localbitcoins can't possibly set the price. And if someone wants to transact any significant amount of bitcoins they can't. It's too thin, too risky, and the liquidity isn't there.

The prices there are the price of convenience and desperation.
hero member
Activity: 546
Merit: 501
It's doing 200btc of volume per day...

No problem. Everyone who wants to trade real coins is able to do it here. The trades at gox and stamp are IOU-trades only.
My bitfinex withdrawal is just fine and the volume is at least 100 times that of localbitcoins.

how much of this is made by bots?
hero member
Activity: 728
Merit: 500
It's doing 200btc of volume per day...

No problem. Everyone who wants to trade real coins is able to do it here. The trades at gox and stamp are IOU-trades only.
My bitfinex withdrawal is just fine and the volume is at least 100 times that of localbitcoins.
legendary
Activity: 1106
Merit: 1007
Hide your women
It's doing 200btc of volume per day...

No problem. Everyone who wants to trade real coins is able to do it here. The trades at gox and stamp are IOU-trades only.

Just sold $1600 worth at $735 on localbitcoins!
legendary
Activity: 952
Merit: 1000
Yeah! I hate ShroomsKit!
"Also sprach Zarathustra"
legendary
Activity: 1162
Merit: 1004
It's doing 200btc of volume per day...

No problem. Everyone who wants to trade real coins is able to do it here. The trades at gox and stamp are IOU-trades only.
hero member
Activity: 728
Merit: 500
It's doing 200btc of volume per day...
sr. member
Activity: 266
Merit: 250
Silence before storm
legendary
Activity: 1162
Merit: 1004


These are real coins.
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