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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22545. (Read 26607540 times)

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2604
Merit: 1748
...  I would dare say that my "bubble model" is at least Copernican ... Maybe even a bit Newtonian...  Cheesy
Bless him, but he is no Isaac Newton.

Well, for one thing, I looked into alchemy too.  I even have my own theory about the Emerald Tablet.  Cheesy

But I am afraid wikipedia does not describe you as one of the 'most influential scientists of all time'.  Keep at it though, Jorge. One day you might apply your undoubted intellect to something useful, perhaps more valuable to mankind than your statistical analysis of when China's Bitcoin exchanges are asleep..?  Wink
hero member
Activity: 742
Merit: 500
Just wait until monday and you will see what is going to happen after this yet another wash volume chinese fake "pump".

Where do you actually see so-called "Volume" you are talking about?
Both the sides don't actually have any volume these days as compared to the previous ones whilst the auction was not even announced. The crash is actually "DONE" and I think it's time for the whales to wake up and pump, you know, "weak hands got out". And yes, I don't think there might come something major on Monday.

Not the volume you had in mind I guess, but this made go back to look at long term volume... Short version: doing pretty well currently, both in terms of BTC volume and USD volume, though the latter is still far behind the peak in late 2013/early 2014.

The following is Bitstamp + Bitfinex + BTC-E, BTC and USD. BTC volume is now the highest it has been in about a year (and even in USD terms beats the mid-2014 period). Compared to the late stages of the 2013 bubble however, it's still behind (and that's excluding mtgox volume that was a major factor in late 2013).


Mmh, in fiat terms the volume just seems still kinda low to me. On chinese exchanges (why didn't you put them in there? if there is fake volume in there or not we are talking about increases/decreases in volume, so we shouldn't care) there was a lot of interest in the $300-$400 area before the last crash (especially on OKCoin). Now there seems to be less interest to play the current price range.









^The bottom volume in USD is the same as the $475 megabulltrap.



Same for other exchanges.
sr. member
Activity: 361
Merit: 250
There are about 4M$ new longs since the start of this rally (~240$ some 10 days ago), this means about 15k BTC will have to be sold if the rally ends, just to cover those longs.

And 50000 coins from the auction which will only settle on monday. I guess they were bought at a discount to the current price. Lets see how long this will be a discount

so the short term outcome most likely is a dump?

Anyway I doubt BTC will visit the lower levels from the start of the year.

tbh... I don't know, but I would not be surprised of it. I am repeating myself, but there is another auction and the Gox liquidation which currently appear to happen this year.
hero member
Activity: 910
Merit: 1003
Newton was, in modern terminology, a 'kissless virgin' from what we know about his personal life. You certain that's something to aspire for? I mean, sure, amazing achievements by a single human mind, but...

On that score he wins, alas.  Cheesy
hero member
Activity: 521
Merit: 500
so the short term outcome most likely is a dump?

Anyway I doubt BTC will visit the lower levels from the start of the year.

Its not going to 160. However, I feel it may easily go to low 200s. There is still a lot of time left before we permanently leave this territory.
legendary
Activity: 1862
Merit: 1009
There are about 4M$ new longs since the start of this rally (~240$ some 10 days ago), this means about 15k BTC will have to be sold if the rally ends, just to cover those longs.

And 50000 coins from the auction which will only settle on monday. I guess they were bought at a discount to the current price. Lets see how long this will be a discount

so the short term outcome most likely is a dump?

Anyway I doubt BTC will visit the lower levels from the start of the year.
legendary
Activity: 1470
Merit: 1007
Just wait until monday and you will see what is going to happen after this yet another wash volume chinese fake "pump".

Where do you actually see so-called "Volume" you are talking about?
Both the sides don't actually have any volume these days as compared to the previous ones whilst the auction was not even announced. The crash is actually "DONE" and I think it's time for the whales to wake up and pump, you know, "weak hands got out". And yes, I don't think there might come something major on Monday.

Not the volume you had in mind I guess, but this made go back to look at long term volume... Short version: doing pretty well currently, both in terms of BTC volume and USD volume, though the latter is still far behind the peak in late 2013/early 2014.

The following is Bitstamp + Bitfinex + BTC-E, BTC and USD. BTC volume is now the highest it has been in about a year (and even in USD terms beats the mid-2014 period). Compared to the late stages of the 2013 bubble however, it's still behind (and that's excluding mtgox volume that was a major factor in late 2013).

hero member
Activity: 521
Merit: 500
Good for him, or the same could have happened with BTC  Tongue




I have missed the Newton's laws on Bubble Evolution in school. Or maybe he was too busy trying to earn a living after that to publish the results.
legendary
Activity: 1792
Merit: 1047
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
https://www.youtube.com/watch?v=lIgjogLipvk

Security relation questions now. I love this stuff Smiley
sr. member
Activity: 361
Merit: 250
There are about 4M$ new longs since the start of this rally (~240$ some 10 days ago), this means about 15k BTC will have to be sold if the rally ends, just to cover those longs.

And 50000 coins from the auction which will only settle on monday. I guess they were bought at a discount to the current price. Lets see how long this will be a discount

The word is that they were not sold at a discount, very close to market in fact.

even worse...
legendary
Activity: 1092
Merit: 1000
MIT Bitcoin Expo Starting now

https://www.youtube.com/watch?v=lIgjogLipvk

Thank you for this link.  I have been watching it today on my only day off, I will miss tomorrow but I'm sure they will post it.

Andreas was very good as usual especially with the questions he answered at the end.  Mr. Lee was quite boring and could not watch.

There are women in btc!

What I found very interesting was Joi Ito's comments on "stealth fecal matter implants".

Lunch break just started.


I bought more btc today as it is <$300






we're doing the 'MIT pump' today ....
hero member
Activity: 546
Merit: 500
Warning: Confrmed Gavinista
There are about 4M$ new longs since the start of this rally (~240$ some 10 days ago), this means about 15k BTC will have to be sold if the rally ends, just to cover those longs.

And 50000 coins from the auction which will only settle on monday. I guess they were bought at a discount to the current price. Lets see how long this will be a discount

The word is that they were not sold at a discount, very close to market in fact (but above).
sr. member
Activity: 361
Merit: 250
There are about 4M$ new longs since the start of this rally (~240$ some 10 days ago), this means about 15k BTC will have to be sold if the rally ends, just to cover those longs.

And 50000 coins from the auction which will only settle on monday. I guess they were bought at a discount to the current price. Lets see how long this will be a discount
legendary
Activity: 1470
Merit: 1007
Newton was, in modern terminology, a 'kissless virgin' from what we know about his personal life. You certain that's something to aspire for? I mean, sure, amazing achievements by a single human mind, but...
legendary
Activity: 2170
Merit: 1094
There are about 4M$ new longs since the start of this rally (~240$ some 10 days ago), this means about 15k BTC will have to be sold if the rally ends, just to cover those longs.
hero member
Activity: 910
Merit: 1003
Bless him, but he is no Isaac Newton.

Good for him, or the same could have happened with BTC  Tongue



 Cheesy
sr. member
Activity: 361
Merit: 250
Bid walls on Finex

I would not be surprised if once we get close to it, it gets pulled. It is just there to create artificial demand and confidence for some to buy at these prices.

lol...pulled
sr. member
Activity: 361
Merit: 250
Bid walls on Finex

I would not be surprised if once we get close to it, it gets pulled. It is just there to create artificial demand and confidence for some to buy at these prices.
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