Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27499.

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: MoreFun on May 30, 2014, 05:18:26 AM

Quote from: windjc on May 30, 2014, 05:17:20 AM

Quote from: MoreFun on May 30, 2014, 05:16:34 AM

FYI, there was only 220 BTC sold over $620 at BFX and 450 BTC over $610.

This doesn't feel right to me.

Why? Data are data...

Finex shooting up to 630 while Stamp is at 590. It feels like panic buying on Finex. Which means that the market could have over extended itself going to 630. Which happens to be in an area of major resistance.

MoreFun

legendary

Activity: 1008

Merit: 1003

WePower.red

Quote from: windjc on May 30, 2014, 05:17:20 AM

Quote from: MoreFun on May 30, 2014, 05:16:34 AM

FYI, there was only 220 BTC sold over $620 at BFX and 450 BTC over $610.

This doesn't feel right to me.

Why? Data are data...

TERA

hero member

Activity: 728

Merit: 500

Quote from: ShroomsKit on May 30, 2014, 05:14:19 AM

Thanks for adding another wall, dipshit.

Do you really think that affects anything in the long run? Do you think that traders, bots, miners, and merchants should all get in a conspiracy to stop placing orders and if they do so we will be able to reach and sustain $10,000 in a week?

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: MoreFun on May 30, 2014, 05:16:34 AM

FYI, there was only 220 BTC sold over $620 at BFX and 450 BTC over $610.

This doesn't feel right to me.

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: windjc on May 30, 2014, 05:14:34 AM

Quote from: gizmoh on May 30, 2014, 05:09:43 AM

Quote from: windjc on May 30, 2014, 04:55:25 AM

Panic buying on Finex. Margined leveraged panic buying. Bad combination. Leverage money can't lead a market for long.

Not much leveraged in this run..

Is this is false breakout? Something doesn't feel right.

Its weird. Plus the way Finex fucked off leads me to believe that they aren't completely decoupled. That used to happen when Finex' Stamp wallet ran dry.

MoreFun

legendary

Activity: 1008

Merit: 1003

WePower.red

FYI, there was only 220 BTC sold over $620 at BFX and 450 BTC over $610.

ShroomsKit

hero member

Activity: 672

Merit: 500

Back to 570 for another week. Yawn.

Davyd05

hero member

Activity: 574

Merit: 500

Quote from: ShroomsKit on May 30, 2014, 05:14:19 AM

Thanks for adding another wall, dipshit.

walls are good, they get eaten in bull markets Cheesy

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: gizmoh on May 30, 2014, 05:09:43 AM

Quote from: windjc on May 30, 2014, 04:55:25 AM

Panic buying on Finex. Margined leveraged panic buying. Bad combination. Leverage money can't lead a market for long.

Not much leveraged in this run..

Is this is false breakout? Something doesn't feel right.

ShroomsKit

hero member

Activity: 672

Merit: 500

Thanks for adding another wall, dipshit.

ihaveaquestion

full member

Activity: 563

Merit: 101

Quote from: TERA on May 30, 2014, 05:09:06 AM

I am curious as to why Huobi is still doing this high volume. It is comparible to the volume of the rally in April - maybe 20% less. Now this is after caixin news, after all of these bank account deposit options being shut down, and after leveraged trading supposedly being shut down - and nothing has changed with the volume.

Maybe because there has always been a very little part of the volume which was real?

gizmoh

legendary

Activity: 1428

Merit: 1000

Quote from: windjc on May 30, 2014, 04:55:25 AM

Panic buying on Finex. Margined leveraged panic buying. Bad combination. Leverage money can't lead a market for long.

Not much leveraged in this run..

TERA

hero member

Activity: 728

Merit: 500

I am curious as to why Huobi is still doing this high volume. It is comparible to the volume of the rally in April - maybe 20% less. Now this is after caixin news, after all of these bank account deposit options being shut down, and after leveraged trading supposedly being shut down - and nothing has changed with the volume.

oda.krell

legendary

Activity: 1470

Merit: 1007

Quote from: windjc on May 30, 2014, 04:53:15 AM

Quote from: oda.krell on May 30, 2014, 04:51:54 AM

Serious question, for a second:

Does anybody know how much of Bitfinex' volume (on average) is routed to Bitstamp?

Bitstamp's API returns total volume (i.e. their own volume + orders from Bitfinex). Bitfinex' API doesn't distinguish between orders executed "internally" and "externally" either, to my knowledge.

The result is, we can't say for sure how much of the volume on stamp on finex is a duplicate... Can anyone who trades a lot on finex shine some light on this? Maybe you know how much, approximately, is routed to stamp, so we can at least guess how much stamp's volume has to be discounted.

Zero. They decoupled months ago.

Thanks. Also to dreamspark, F-bernanke.

So the situation changed drastically over the last year, huh? Last time I used finex, they were still routing 50+% to stamp, but that was a year ago or so I admit.

Interesting development. In the past months, I tended to always discount USD volume in my calculations/speculations by, say, 25% because I assumed some of it was reported twice, but maybe that was a mistake.

akujin

sr. member

Activity: 336

Merit: 250

Quote from: manfred on May 30, 2014, 05:02:55 AM

Quote from: dreamspark on May 30, 2014, 04:10:26 AM

Quote from: manfred on May 30, 2014, 03:49:49 AM

Its just a pump nothing else. Anyone checking the source of this rumour can see it. Well Jesus coin (XC) did have a nice pump to the other day Market cap of over 13 mil now 5

What do you mean checking the source? The source is its listed on finex under performance summary, thats true i can see it on my account. The fact its probably just a pump still remains.

Nothing shows on my account. Seems it was a marketing gag to get some action happening on Bitfinex. It worked

LOL! they removed DRK coin? I saw it there a few days ago when the DRK guys are dumping Grin

Hunyadi

legendary

Activity: 1281

Merit: 1000

☑ ♟ ☐ ♚

Quote from: manfred on May 30, 2014, 05:02:55 AM

Quote from: dreamspark on May 30, 2014, 04:10:26 AM

Quote from: manfred on May 30, 2014, 03:49:49 AM

Its just a pump nothing else. Anyone checking the source of this rumour can see it. Well Jesus coin (XC) did have a nice pump to the other day Market cap of over 13 mil now 5

What do you mean checking the source? The source is its listed on finex under performance summary, thats true i can see it on my account. The fact its probably just a pump still remains.

Nothing shows on my account. Seems it was a marketing gag to get some action happening on Bitfinex. It worked

DRK fees were listed earlier but now they are gone...

amitrwt

full member

Activity: 140

Merit: 100

Sometimes looking into market charts is more entertaining than watching a scifi action movie ..!

freebit13

hero member

Activity: 616

Merit: 500

I got Satoshi's avatar!

Loving the pumps!!!!1 That red candle wasn't looking very nice on the 3d chart, glad that's sorted.

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: dreamspark on May 30, 2014, 05:04:57 AM

Quote from: ShroomsKit on May 30, 2014, 04:59:12 AM

Ok back to 590. Another failed attempted. People go omg almost 600 must sell because otherwise it will go over 600 and i will make more money.

Patience

Its happening today.

Yes, in minutes Wink

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: manfred on May 30, 2014, 05:02:55 AM

Quote from: dreamspark on May 30, 2014, 04:10:26 AM

Quote from: manfred on May 30, 2014, 03:49:49 AM

Its just a pump nothing else. Anyone checking the source of this rumour can see it. Well Jesus coin (XC) did have a nice pump to the other day Market cap of over 13 mil now 5

What do you mean checking the source? The source is its listed on finex under performance summary, thats true i can see it on my account. The fact its probably just a pump still remains.

Nothing shows on my account. Seems it was a marketing gag to get some action happening on Bitfinex. It worked

Its gone, it was there a few hours ago on my account. Ultimate pump from an employee?

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27499. (Read 26710352 times)