Coin
Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21967. (Read 26608955 times)
April 18, 2015, 10:58:39 AM
April 18, 2015, 10:49:15 AM
Suddenly Coinbase is bigger than Finex and Bitstamp 
I remember some weeks ago they had really low volume
I remember some weeks ago they had really low volume
No. Since they started charging fees they have lower volume than Bitstamp. Coinbase ask side (and bid if we take out that wall) is still very thin. Don't know why would anyone wire 1mil$ to the exchange with such low liquidity.
If I was sending $1m anywhere, I'd want it to be somewhere with at least a degree of regulation and in my home country, not somewhere like Stamp of Finex that might run into problems of some sort.
Why don't more people understand this?
Between the current players, Coinbase is destined to end up as the leading exchange.
April 18, 2015, 10:48:20 AM
Do you know how to unsubscribe a thread without deleting all own posts?
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April 18, 2015, 10:43:29 AM
Do you know how to unsubscribe a thread without deleting all own posts?
April 18, 2015, 10:40:55 AM
Good morning Bitcoinland.
5 days of sideways in the $220s now. Low volume.
Will we have to wait until Monday to see any real movement?
_______
Meanwhile, I just checked the recently resurrected Cavirtex to see what's happening there.
The order book is almost nonexistent, especially bids. Pity, it used to be a functional exchange. Maybe with time it will be one again some day.
Just placed a bid for a couple of coins at a penny apiece to use up my old fiat balance. C'mon bears, where are those cheap coins you promised.
5 days of sideways in the $220s now. Low volume.
Will we have to wait until Monday to see any real movement?
_______
Meanwhile, I just checked the recently resurrected Cavirtex to see what's happening there.
The order book is almost nonexistent, especially bids. Pity, it used to be a functional exchange. Maybe with time it will be one again some day.
Just placed a bid for a couple of coins at a penny apiece to use up my old fiat balance. C'mon bears, where are those cheap coins you promised.
April 18, 2015, 10:40:48 AM
what does everyone think of this? (outlook on price going down being a (kinda) good thing for bitcoin)
http://cointelegraph.com/news/113987/bitpay-reveals-the-good-reason-why-bitcoin-price-is-down
me..who knows but it gets eyeballs to their site I'd imagine
It's a fluff piece, blatant native advertising.
But I agree that low prices are good. "As low as possible for as long as possible"
April 18, 2015, 09:58:36 AM
April 18, 2015, 09:48:48 AM
Bear flag ahoy!
April 18, 2015, 09:06:34 AM
When are we crashing? this is boring
April 18, 2015, 08:58:37 AM
April 18, 2015, 08:17:46 AM
what does everyone think of this? (outlook on price going down being a (kinda) good thing for bitcoin)
http://cointelegraph.com/news/113987/bitpay-reveals-the-good-reason-why-bitcoin-price-is-down
me..who knows but it gets eyeballs to their site I'd imagine
they are right.
It is the old theory about more merchants accepting BTC causing prices to drop re visioned,
April 18, 2015, 08:17:21 AM
what does everyone think of this? (outlook on price going down being a (kinda) good thing for bitcoin)
http://cointelegraph.com/news/113987/bitpay-reveals-the-good-reason-why-bitcoin-price-is-down
me..who knows but it gets eyeballs to their site I'd imagine
They're half right. Infrastructure has helped by giving people somewhere to spend coins. The bear market has given them a reasons to spend it. That is, the bear market wasn't caused by increased real-world spending, it helped prompt it (think why governments reduce interest rates/increase inflation - same principle).
Seems self-evident. When the buying power of money keeps dropping, the most prudent thing to do is spend.
Yes. But neither IBT nor CT seem to realise this.
April 18, 2015, 08:07:07 AM
what does everyone think of this? (outlook on price going down being a (kinda) good thing for bitcoin)
http://cointelegraph.com/news/113987/bitpay-reveals-the-good-reason-why-bitcoin-price-is-down
me..who knows but it gets eyeballs to their site I'd imagine
They're half right. Infrastructure has helped by giving people somewhere to spend coins. The bear market has given them a reasons to spend it. That is, the bear market wasn't caused by increased real-world spending, it helped prompt it (think why governments reduce interest rates/increase inflation - same principle).
April 18, 2015, 08:03:31 AM
what does everyone think of this? (outlook on price going down being a (kinda) good thing for bitcoin)
http://cointelegraph.com/news/113987/bitpay-reveals-the-good-reason-why-bitcoin-price-is-down
me..who knows but it gets eyeballs to their site I'd imagine
April 18, 2015, 07:58:36 AM
April 18, 2015, 07:38:51 AM
Suddenly Coinbase is bigger than Finex and Bitstamp
I remember some weeks ago they had really low volume
I remember some weeks ago they had really low volume
No. Since they started charging fees they have lower volume than Bitstamp. Coinbase ask side (and bid if we take out that wall) is still very thin. Don't know why would anyone wire 1mil$ to the exchange with such low liquidity.
If I was sending $1m anywhere, I'd want it to be somewhere with at least a degree of regulation and in my home country, not somewhere like Stamp of Finex that might run into problems of some sort.
April 18, 2015, 07:35:38 AM
Does the lack of troll counts as a signal of a trend reversal?
Trend reversal?
If you call trend reversal going from downtrend to more downtrend lol...
April 18, 2015, 07:02:16 AM
Suddenly Coinbase is bigger than Finex and Bitstamp
I remember some weeks ago they had really low volume
I remember some weeks ago they had really low volume
No. Since they started charging fees they have lower volume than Bitstamp. Coinbase ask side (and bid if we take out that wall) is still very thin. Don't know why would anyone wire 1mil$ to the exchange with such low liquidity.
Look at Chart Buddy's charts.
Unless it is a bug or the graphs are not in the same scale, something is wrong
April 18, 2015, 06:58:35 AM
April 18, 2015, 06:42:17 AM
I noticed some big buys at these levels.
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