Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20777. (Read 26608432 times)
September 20, 2015, 11:11:21 AM
Steady she goes
September 20, 2015, 11:02:49 AM
September 20, 2015, 10:02:40 AM
September 20, 2015, 09:02:35 AM
September 20, 2015, 08:19:34 AM
It looks like this forum is dead. Reddit is also dead. Where did everyone go?
To a place where you gormless Gavinistas are not welcome and cannot follow us...
O hai again!
Big blocks and Tor
Quote
I think I first heard this objection to a larger maximum block size from Peter Todd, Chief Scientist of ViaCoin
September 20, 2015, 08:09:45 AM
Face it, Gavin fucked up! He should have stayed in as benevolent dictator. Wladimir isn't a leader, he is a follower. Now he's trying to follow the crowd. And the crowd are looking for leadership. The ship is adrift.
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It may be sacrilege to compare the two, but I cannot avoid thinking of that time when Apple fired Steve Jobs.
September 20, 2015, 08:02:33 AM
September 20, 2015, 07:35:40 AM
From the charts you refer to:
Volume of Localbitcoins: 1.5 million BTC
Volume of Bitstamp: 0.3 million BTC
I wouldn't call 0.3 a third of 1.5. It's a fifth.
You've got me! I wasn't paying too much attention and just gave the charts a cursory look. Either way, it's still more than I expected but much less than Stamp and Finex.
September 20, 2015, 07:21:51 AM
LBC is important but not very viable to set a price by. There's an awful lot of variables in play.
September 20, 2015, 07:02:36 AM
September 20, 2015, 07:00:49 AM
What volume does localbitcoins have? I cannot believe its got more volume than BTCChina or Bitstamp. If they averaged the price based on both volume and price I suspect localbitcoins would barely make any difference to the averahe price between exchanges. There's no point using Preev.com to get a reliable average price until they change their averaging method. If they made that minor change they would get far more page views than they do now.
About a third of Bitstamp's volume: localbitcoins.com vs bitstamp.
From the charts you refer to:
Volume of
Volume of
I wouldn't call 0.3 a third of 1.5. It's a fifth.
September 20, 2015, 06:02:38 AM
September 20, 2015, 05:02:37 AM
September 20, 2015, 04:55:42 AM
What volume does localbitcoins have? I cannot believe its got more volume than BTCChina or Bitstamp. If they averaged the price based on both volume and price I suspect localbitcoins would barely make any difference to the averahe price between exchanges. There's no point using Preev.com to get a reliable average price until they change their averaging method. If they made that minor change they would get far more page views than they do now.
About a third of Bitstamp's volume: localbitcoins.com vs bitstamp.
IMO, it's not just the volume, it's also the OTC-nature of localbitcoins, and that there are two types of trade - online and face-to-face (with the latter having a much larger spread). Totally agree with you about averaging - if preev.com limited itself to exchanges, and took volume into account, it'd be useful.
September 20, 2015, 04:44:58 AM
Preev.com says $244. Where is that price based on? I don't see it here in this topic.
Apparenty they use the average of four exchanges - including localbitcoins.com. If you click on the settings icon (the cog at the top right) you can select one exchange - localbitcoins is showing $360ish (ouch!)
I don't really understand why people include localbitcoins in things like this - it's not an exchange and it really confuses things.
What volume does localbitcoins have? I cannot believe its got more volume than BTCChina or Bitstamp. If they averaged the price based on both volume and price I suspect localbitcoins would barely make any difference to the average price between exchanges. There's no point using Preev.com to get a reliable average price until they change their averaging method. If they made that minor change they would get far more page views than they do now.
September 20, 2015, 04:25:16 AM
Preev.com says $244. Where is that price based on? I don't see it here in this topic.
Apparenty they use the average of four exchanges - including localbitcoins.com. If you click on the settings icon (the cog at the top right) you can select one exchange - localbitcoins is showing $360ish (ouch!)
I don't really understand why people include localbitcoins in things like this - it's not an exchange and it really confuses things.
Ok thanks for the explanation. it is indeed weird that localbitcoins is included. I will check it out by default.
September 20, 2015, 04:24:54 AM
I'm currently monitoring prices from ecoin.eu trading platform.
http://www.ecoin.eu/en/arbitrage/index
http://www.ecoin.eu/en/arbitrage/index
September 20, 2015, 04:23:10 AM
Preev.com says $244. Where is that price based on? I don't see it here in this topic.
Apparenty they use the average of four exchanges - including localbitcoins.com. If you click on the settings icon (the cog at the top right) you can select one exchange - localbitcoins is showing $360ish (ouch!)
I don't really understand why people include localbitcoins in things like this - it's not an exchange and it really confuses things.
September 20, 2015, 04:15:45 AM
Preev.com says $244. Where is that price based on? I don't see it here in this topic.
September 20, 2015, 04:02:35 AM
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