Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26486. (Read 26608432 times)
August 06, 2014, 11:40:56 AM
monstrous walls!
August 06, 2014, 11:39:11 AM
huge buy order on stamp! Is this GABO buying?
GABI, GABO, I really don't care who is buying!
(That said, it seems like every day since Friday when they supposedly opened, we have seen good sized buys this time of day!)
August 06, 2014, 11:37:39 AM
Big Step!
Could you elaborate on the importance? People not located in the US don't exactly get what they do and what this may mean for Bitcoin, I guess. Is this rise back really a reaction on those news. I guess no one knows.
August 06, 2014, 11:35:35 AM
Big Step!
Just need the user adoption to go up at the same rate as merchant adoption is!
Giant step! Now we need somebody like Target to say they don't want you to have to give up sensitive info for ease of payment and they don't want to have to store it. Then phase out credit cards and offer a 10% discount to people who use bitcoin. From reading about how retailers that have started accepting bitcoin love it, I think something like this could happen soon. When it does happen I believe the price spikes for months! IMHO
August 06, 2014, 11:21:18 AM
Wow! So I will be able to use bitcoin to pay my credit card bill?
August 06, 2014, 11:08:55 AM
Big Step!
Just need the user adoption to go up at the same rate as merchant adoption is!
Swings and roundabouts
August 06, 2014, 10:59:58 AM
August 06, 2014, 10:51:38 AM
Big Step!
Just need the user adoption to go up at the same rate as merchant adoption is!
August 06, 2014, 10:46:36 AM
huge buy order on stamp! Is this GABO buying?
I think it's related to this news:
Another flash in the pan?
August 06, 2014, 10:41:43 AM
huge buy order on stamp! Is this GABO buying?
August 06, 2014, 10:37:08 AM
I need to buy me a car and a new PC
price better fucking go up soon
price better fucking go up soon
Same here
Instead of betting on ponzi scheme development of Bitcoin you should start some business accepting Bitcoin.
Exactly, posts like that make me want to sell my coins actually and say fuck you to those who think they are entitled to profit from their coins and then buy all kinds of luxury stuff they don't really need with it.
Why do you buy and hold coins may I ask? (not defending the OP who I do not think was serious anyway...but just asking)
Because I believe Bitcoin is the most democratic form of money there is and can give people more control over their financial lives. Our current fiat system is oppressive and eventually self-destructive so by buying and holding coins I support an in my eyes better system and at the same time I feel good keeping a portion of my wealth outside of the current system. If I would buy and hold coins just to make personal fiat profits and then buy expensive stuff with those profits then that would make me just as much a part of the current crazy financial system that's addicted to growth and drives people to consume more and more until they burst. I live a modest and simple life and I don't need much, my health and relationships with people I love are what matter most.
Fair play to you.
August 06, 2014, 10:35:19 AM
Currently, one entity is holding the price at Huobi and buying up thousands of coins. Good or bad for the short term price, one person should not be able to control the entire market. A higher market cap ensures that most large holders sell the majority of their coins, hopefully to smaller buyers.
If someone is actually doing that, I guess they may not do it just out of kindness. Maybe they are afraid because they have some weir longs on leverage going on and are afraid of the market to burn them down in one big cascade...
Or it's capital flight and the acquisition on huobi is fueling the bulk sell offs on stamp.
August 06, 2014, 10:33:57 AM
On Bitstamp the bid sum / ask sum ratio stays around 400$, compared with 700$ a month ago.
Just some minor FUD can trigger capitulation. The bulls need a miracle to avoid it.
I noticed as well. Really admirable how the price is still holding in the high 500s in the face of this ask pressure. By the way, the 2% divergence between Western and Chinese exchanges is being resolved by the Western ones following. Seems that China still has more influence than I thought? Is Jorge right after all? Just some minor FUD can trigger capitulation. The bulls need a miracle to avoid it.
I agree, crash into 400's or even lower is probable scenario. On the other side I can't bring myself to short as another probable scenario is, that there are very creative entities, interested in let the market looking weak.
Meanwhile I'm clueless, absolutely without any idea. Time will show...
August 06, 2014, 10:31:08 AM
August 06, 2014, 10:28:51 AM
Currently, one entity is holding the price at Huobi and buying up thousands of coins. Good or bad for the short term price, one person should not be able to control the entire market. A higher market cap ensures that most large holders sell the majority of their coins, hopefully to smaller buyers.
If someone is actually doing that, I guess they may not do it just out of kindness. Maybe they are afraid because they have some weir longs on leverage going on and are afraid of the market to burn them down in one big cascade...
August 06, 2014, 10:25:51 AM
August 06, 2014, 10:05:20 AM
On Bitstamp the bid sum / ask sum ratio stays around 400$, compared with 700$ a month ago.
Just some minor FUD can trigger capitulation. The bulls need a miracle to avoid it.
I noticed as well. Really admirable how the price is still holding in the high 500s in the face of this ask pressure. By the way, the 2% divergence between Western and Chinese exchanges is being resolved by the Western ones following. Seems that China still has more influence than I thought? Is Jorge right after all? Just some minor FUD can trigger capitulation. The bulls need a miracle to avoid it.
August 06, 2014, 10:02:10 AM
On Bitstamp the bid sum / ask sum ratio stays around 400$, compared with 700$ a month ago.
Just some minor FUD can trigger capitulation. The bulls need a miracle to avoid it.
Just some minor FUD can trigger capitulation. The bulls need a miracle to avoid it.
August 06, 2014, 09:59:55 AM
August 06, 2014, 09:47:52 AM
Is there a site that computes a single cumulative order book plot by merging the order books of all exchanges (obviously only those that post such data)? Is there such a tool for other things that are traded in multiple markets (e.g. commodities)?
Obviously some adjustments are necessary to convert prices between different exchanges. Ideally the conversion should be the one used/implemented by arbitragers.
Obviously some adjustments are necessary to convert prices between different exchanges. Ideally the conversion should be the one used/implemented by arbitragers.
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