Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17123.

notme

legendary

Activity: 1904

Merit: 1002

Quote from: megadeth on May 25, 2017, 11:26:14 PM

Quote from: r0ach on May 25, 2017, 11:23:22 PM

Quote from: Holliday on May 25, 2017, 10:40:28 PM

That looks like bitcoinity.org to me. The volume bars default to bitcoin (mBTC in fact) on bitcoinity.org and it appears that you haven't changed it. Here is the same BitStamp chart after changing volume to USD.

You're right. Not sure why the default volume listed would be denominated in bitcoin when bitcoin is a derivative of the US dollar so the only thing useful for traders is the USD volume. Anyways, on USD volume Bitfinex is down from halving while bitstamp is up.

Finex is a r0ach motel.

FTFY

megadeth

sr. member

Activity: 289

Merit: 252

bagholder since 2013

Quote from: r0ach on May 25, 2017, 11:23:22 PM

Quote from: Holliday on May 25, 2017, 10:40:28 PM

That looks like bitcoinity.org to me. The volume bars default to bitcoin (mBTC in fact) on bitcoinity.org and it appears that you haven't changed it. Here is the same BitStamp chart after changing volume to USD.

You're right. Not sure why the default volume listed would be denominated in bitcoin when bitcoin is a derivative of the US dollar so the only thing useful for traders is the USD volume. Anyways, on USD volume Bitfinex is down from halving while bitstamp is up.

Finex is a roach motel.

r0ach

legendary

Activity: 1260

Merit: 1000

Quote from: Holliday on May 25, 2017, 10:40:28 PM

That looks like bitcoinity.org to me. The volume bars default to bitcoin (mBTC in fact) on bitcoinity.org and it appears that you haven't changed it. Here is the same BitStamp chart after changing volume to USD.

You're right. Not sure why the default volume listed would be denominated in bitcoin when bitcoin is a derivative of the US dollar so the only thing useful for traders is the USD volume. Anyways, on USD volume Bitfinex is down from halving while bitstamp is up. When I say it's a derivative of the US dollar, if the amount of dollars in circulation goes down (deflationary event), then the price of bitcoin goes down...while in inflation it goes up. You could claim the Chinese printing money endlessly would also cause it to go up, but in the end it mostly comes back to whatever is the unit of account for international trade.

I guess if you wanted to nit pick, you could say bitcoin is a derivative of the aggregate of all fiats...

criptix

legendary

Activity: 2464

Merit: 1145

Quote from: Torque on May 25, 2017, 08:43:15 PM

As bitcoin's price goes higher over time, the volatility will decrease. They said.

The % volatility will decrease, they said. Riiiight.

Bitcoin hovered around 10-20 billion until the pump started.
We are still pretty much in infancy state.

The liquidity is still weak in comparison to strong fiat currency ($, €, £, ¥).
But even they had quite the volatility over the last 2 years.

Holliday

legendary

Activity: 1120

Merit: 1012

Quote from: r0ach on May 25, 2017, 07:23:20 PM

Quote from: ImI on May 25, 2017, 07:18:08 PM

Quote from: r0ach on May 25, 2017, 07:08:56 PM

$600 price spread (so far) in a single day, or 22% drop. Nice pump and dump guys.

lol, look who's back? the second we get a little dump you dare to speak out again. Grin

I'm not fond of rising prices on constantly decreasing USD volume on both Bitstamp and Finex. That's the textbook definition of a roach motel:

Finex:

Bitstamp:

"Smart money" is definitely not buying in such a situation. All the large players who actually want bitcoin already own bitcoin, hence why there is no volume. Now it's just a giant CNBC Jim Cramer mad money scheme of trying to find some random guy in the public to dump on at more than you paid.

That looks like bitcoinity.org to me. The volume bars default to bitcoin (mBTC in fact) on bitcoinity.org and it appears that you haven't changed it. Here is the same BitStamp chart after changing volume to USD.

Hyperjacked

legendary

Activity: 1624

Merit: 1126

It's all mathematics...!

Well ... Same old same old Cool

Buy da dips n burn da manips ! Grin

STT

legendary

Activity: 4102

Merit: 1454

Quote from: Dakustaking76 on May 25, 2017, 06:38:49 PM

Quote from: Meuh6879 on May 25, 2017, 06:36:30 PM

look at this, it's beautiful !
http://imagizer.imageshack.us/a/img924/7513/i8GnRE.jpg

http://imagizer.imageshack.us/a/img923/4681/4SU4Nf.png

So you think iT wont go lower then that?

Thats a great chart, I never look at price in Euros but Im wrong on that as its possibly the most tradable Fiat currency in the world. I think to take any positive view first look at it to get above 2044 Euro as thats only a first rung of 23.6% retrace of the fall. If it can stay above that I'll trust it a bit better.
Explain what the green patch relates to, an indicator ? OBV for what its worth shows BTC bullish, likely to rise. I may be reading it wrong of course, but thats my guess and experience but I never look at any indicators alone. I happen to find OBV more simple to observe then most indicators

Looking at that EURO chart, its similar to the others in that it appears to keep a slower uptrend for this month and this reset is really only a smaller section of prices most recently put on the chart. I think its positive for us to go back and check prices like this, if we can continue to progress with the overall uptrend everyone should be happy to see this kind of doubt expressed in markets occasionally really

Negative dude times crypto into wider markets - https://www.youtube.com/watch?v=V8Ny4P3jQqs

orpington

hero member

Activity: 784

Merit: 512

I'm still confident we can hit another ATH today.

Torque

legendary

Activity: 3766

Merit: 5380

Quote from: Torque on May 25, 2017, 11:56:18 AM

We could see one more leg down to 2300. Or not.

I think this might have been a good call? Hmmm...

Genesis Crypto

member

Activity: 112

Merit: 10

What's the bottom should I hold off on buying?

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Torque

legendary

Activity: 3766

Merit: 5380

As bitcoin's price goes higher over time, the volatility will decrease. They said.

The % volatility will decrease, they said. Riiiight.

Richy_T

legendary

Activity: 2576

Merit: 2267

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: bitjanja on May 25, 2017, 11:51:58 AM

EDIT: dont hate me too much, i used to be a bambi belieber too.
now someone post one of those matrix neo images pls

Like so?

coinits

legendary

Activity: 1582

Merit: 1019

011110000110110101110010

Quote from: ARTISTCOLONY on May 25, 2017, 08:28:17 PM

Quote from: r0ach on May 25, 2017, 07:12:37 PM

Quote from: pfrtlpfmpf on May 25, 2017, 07:09:40 PM

The Asians will wake up this morning now

Average Poloniex conversation:

"Just wait till antarctica wakes up"

"Do you mean the people on the surface or the ones inside the hollow earth?"

"Both I think"

bitcoin will be great someday * tsunami pullback bruh Cool

Stop spam

Banner hamer

rinse

repeat

Polo sux.

Paashaas

legendary

Activity: 3512

Merit: 4557

Old cycle ended new cycle started.

ARTISTCOLONY

newbie

Activity: 56

Merit: 0

Quote from: r0ach on May 25, 2017, 07:12:37 PM

Quote from: pfrtlpfmpf on May 25, 2017, 07:09:40 PM

The Asians will wake up this morning now

Average Poloniex conversation:

"Just wait till antarctica wakes up"

"Do you mean the people on the surface or the ones inside the hollow earth?"

"Both I think"

bitcoin will be great someday * tsunami pullback bruh Cool

deepcolderwallet

full member

Activity: 294

Merit: 103

Quote from: Joca97 on May 25, 2017, 07:33:20 PM

What is happening with this pump and dump ? For a few days it has been jumping and jumping and today it reached an amazing 3000$ ( i seen on cex.io ) and i went to take a nap,woke up and seen after 2 hours 2300$ giant dump,didnt expect that,hope it wont go below that

what do you guys think ?

bad idea that i woke up haha Cheesy

I have an explanation better than your nap:

I don't always have enough cash to buy, but when I do... It's the TOP!

Joca97

legendary

Activity: 3794

Merit: 1030

The Best Tipster on the Forum!!

What is happening with this pump and dump ? For a few days it has been jumping and jumping and today it reached an amazing 3000$ ( i seen on cex.io ) and i went to take a nap,woke up and seen after 2 hours 2300$ giant dump,didnt expect that,hope it wont go below that

what do you guys think ?

bad idea that i woke up haha Cheesy

pfrtlpfmpf

sr. member

Activity: 420

Merit: 257

Quote from: r0ach on May 25, 2017, 07:12:37 PM

Quote from: pfrtlpfmpf on May 25, 2017, 07:09:40 PM

The Asians will wake up this morning now

Average Poloniex conversation:

"Just wait till antarctica wakes up"

"Do you mean the people on the surface or the ones inside the hollow earth?"

"Both I think"

Every customer counts, right ?

DaRude

legendary

Activity: 2833

Merit: 1851

In order to dump coins one must have coins

Quote from: ImI on May 25, 2017, 06:57:14 PM

Quote from: blade87 on May 25, 2017, 09:23:29 AM

RIP to the shorts who lost it all.

remember?

I member. Can we update it to $2200 ? Oh nooos is BTC dead now?

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17123. (Read 26586303 times)