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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21791. (Read 26608543 times)

hero member
Activity: 546
Merit: 500
Warning: Confrmed Gavinista
dump alert

Western exchanges don't yet look ready for the dump, only China. In a couple of hours we'll see who leads the market.

The sell on huobi was followed almost immediately by strong buys. More chinese pingpong. (fighting the urge to use the term 'wash volume'  Grin)
legendary
Activity: 2170
Merit: 1094
dump alert

Western exchanges don't yet look ready for the dump, only China. In a couple of hours we'll see who leads the market.
hero member
Activity: 546
Merit: 500
Warning: Confrmed Gavinista
I think anyone who thinks that "wall street' wants to buy bitcoin because Moon need to keep the above in mind. As long as there is enough volatility and volume, they will make money, much the same way as any disinterested day trader can ( and has) made money on the weekly 240 - 220 cycles we see every week.

I would think that the Western exchanges like Bitstamp have so little liquidity and so much spread that not even "cottage robots" would find them worth the trouble.  Is that so?

True, but on bigger swings simple 'robot' services can make money. The problem arises if they start implementing FIX services on the exchanges, as most bots rely on RESTful API's or other web services, and these are hopelessly outgunned by FIX.

If you are playing both sides of the market, speed is key.
sr. member
Activity: 344
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GBTC follows NYSE hours to my understanding:
https://isthemarketopen.com
hero member
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legendary
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 173
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Looks like the volume so far today is 435 shares, over half of yesterday's volume already and it's only just opened for the day.
As far as I know some can be posted overnight and then actioned first thing in the morning so this could be it.

https://bitcointalksearch.org/topic/m.11297074

Thanks but already answered.... I need to memorise the time trading opens and factor in the time zone difference.

Not used to these exchanges operating just within office hours lol
hero member
Activity: 910
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Are there actually other sources than the OTC markets website? I find that site highly confusing and the graphs aren't exactly helpful. Also, is there actually a trade history hidden somewhere, which I can't seem to find?

I think that the Wall Street Journal also has a similar page on GBTC, but it is quite likely just a reformatting of the data that OTCQX gives them.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
Looks like the volume so far today is 435 shares, over half of yesterday's volume already and it's only just opened for the day.
As far as I know some can be posted overnight and then actioned first thing in the morning so this could be it.

https://bitcointalksearch.org/topic/m.11297074

Are there actually other sources than the OTC markets website? I find that site highly confusing and the graphs aren't exactly helpful. Also, is there actually a trade history hidden somewhere, which I can't seem to find?
hero member
Activity: 546
Merit: 500
Warning: Confrmed Gavinista

That's a fairly obvious fishing post, although, as you say, not as colourful as before. He's expecting some well-intentioned nerd to respond, only to bombard him/her with text. And as nerds we keep entertaining him. If only they could ban him.

I think the fact that you don't find them as funny anymore may be a subliminal realization that things aren't as rosy as you had been hoping to believe. After all the good news lately, for once outnumbering the scams, there is still no improvement in bitcoin. The failure of GBTC * to take off is a further kick in the nuts.

Maybe you are realizing that if bitcoin is going to succeed, it needs to do it on its own.

Anyway, my posts are generally aimed at the lurkers, the people who come here to check out what its all about. I understand you have your view and you are not about to change it for all the logic in China.  Grin

legendary
Activity: 2380
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 910
Merit: 1003
Looks like the volume so far today is 435 shares, over half of yesterday's volume already and it's only just opened for the day.
As far as I know some can be posted overnight and then actioned first thing in the morning so this could be it.

https://bitcointalksearch.org/topic/m.11297074
hero member
Activity: 910
Merit: 1003
Jorge's troll posts don't make me laugh anymore Sad

Nice to know that I am not posting in vain.  Maybe now you can see the truth for yourself.  Undecided
legendary
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
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Jorge's troll posts don't make me laugh anymore Sad
Need more BTC at cheap price I guess. Jorge you should work harder to FUD, seriously Tongue


Nah! It's not about the cheap price. If you compare the actual price to the potential shown in Norway's infographic, you will find that $234 is simply laughable. It's just that this coin cannot seem to get going, even after 7 years since its creation, and prof. Stolfi is trying his best to bring arguments and explain why is this happening.



Oh yeah, Prof. Stolfi and Dr. YourMother. Continue to entertain us, please.  Tongue
legendary
Activity: 1554
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Make Bitcoin glow with ENIAC
legendary
Activity: 1281
Merit: 1046
I think anyone who thinks that "wall street' wants to buy bitcoin because Moon need to keep the above in mind. As long as there is enough volatility and volume, they will make money, much the same way as any disinterested day trader can ( and has) made money on the weekly 240 - 220 cycles we see every week.

Most of the trade volume at the big Chinese exchanges is probably robot trading.   However, are the robot owners "wall street", or just individual day-traders who code their own robots?  Is the liquidity there sufficient for "wall street" to be interested?

I would think that the Western exchanges like Bitstamp have so little liquidity and so much spread that not even "cottage robots" would find them worth the trouble.  Is that so?

Jorge's troll posts don't make me laugh anymore Sad
Need more BTC at cheap price I guess. Jorge you should work harder to FUD, seriously Tongue


Nah! It's not about the cheap price. If you compare the actual price to the potential shown in Norway's infographic, you will find that $234 is simply laughable. It's just that this coin cannot seem to get going, even after 7 years since its creation, and prof. Stolfi is trying his best to bring arguments and explain why is this happening.




He is ignoring his saviours. Like a true cultist.
full member
Activity: 173
Merit: 100
Anyone else watching the GBTC trading ?

Looks like the volume so far today is 435 shares, over half of yesterday's volume already and it's only just opened for the day.
As far as I know some can be posted overnight and then actioned first thing in the morning so this could be it.

Can anyone else confirm this ?

That is yesterdays number. I believe the market opens in 1.5 hour.

Ok, thanks that makes sense.
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
Anyone else watching the GBTC trading ?

Looks like the volume so far today is 435 shares, over half of yesterday's volume already and it's only just opened for the day.
As far as I know some can be posted overnight and then actioned first thing in the morning so this could be it.

Can anyone else confirm this ?

That is yesterdays number. I believe the market opens in 1.5 hour.
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