Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28362. (Read 26609460 times)
April 09, 2014, 03:00:29 AM
April 09, 2014, 02:43:40 AM
What happened to the ask volume? Or is this a bug?
11,997,743.39 USD
120,158.87 BTC
Whole bid volume
1 : 1.35
1 : 0.16 as BTC
Ratio
16,171,751.91 USD
19,586.08 BTC
Whole ask volume
http://www.cryptocoincharts.info/orderbook.php?pair=btc-usd&market=bitstamp
11,997,743.39 USD
120,158.87 BTC
Whole bid volume
1 : 1.35
1 : 0.16 as BTC
Ratio
16,171,751.91 USD
19,586.08 BTC
Whole ask volume
http://www.cryptocoincharts.info/orderbook.php?pair=btc-usd&market=bitstamp
April 09, 2014, 02:34:46 AM
who said bitcoin is not a stable currency 
Im gonna sleep well tonight.
Im gonna sleep well tonight. April 09, 2014, 02:00:29 AM
April 09, 2014, 01:40:14 AM
Huobi trying to break through resistance again
April 09, 2014, 01:00:29 AM
April 09, 2014, 12:01:08 AM
I tried to find recent news from China by Googling "04月09日" "比特币" and using Google Translate. I cannot tell for sure, but it seems that they are still uncertain about the bank account closure on April 15; no denial, no cofirmation from the PBoC.
However MtGOX is still regularly mentioned in the Chinese bitcoin news. It seems that the Central Bank of Japan too declared that bitcoin is not a currency. (But please check, I may have misunderstood, or the news may be old.)
However MtGOX is still regularly mentioned in the Chinese bitcoin news. It seems that the Central Bank of Japan too declared that bitcoin is not a currency. (But please check, I may have misunderstood, or the news may be old.)
April 09, 2014, 12:00:30 AM
April 08, 2014, 11:53:05 PM
I find it hard to believe that malware developers mining on a phone unless they started in 2011 earn hundreds of bitcoins lol
I don't know how many bitcoins they coud mine, but there are several hundred million Android smartphones out there.Well the article actually said thousands and difficulty would just be way to damn high
That said if an app on large scales could do that we have a new way to speculate the Bitcoin Price
How many cellphone miners are mining bitcoins and selling them at exchanges XD
April 08, 2014, 11:52:20 PM
it's funny i don't even have to look at the charts anymore. i can just look at this thread. i know that if it breaks 460, everyone will be freaking out about it
April 08, 2014, 11:47:44 PM
I find it hard to believe that malware developers mining on a phone unless they started in 2011 earn hundreds of bitcoins lol
I don't know how many bitcoins they coud mine, but there are several hundred million Android smartphones out there. 
April 08, 2014, 11:38:19 PM
This news is ~10 days old, but may interest someone:
Bitcoin Mining Malware Infecting Android Smartphones
http://www.cellular-news.com/story/Handsets/65154.php
Bitcoin Mining Malware Infecting Android Smartphones
http://www.cellular-news.com/story/Handsets/65154.php
Well heartbleed has my attention lately but I find it hard to believe that malware developers mining on a phone unless they started in 2011 earn hundreds of bitcoins lol
Scrypt mining perhaps.
April 08, 2014, 11:30:51 PM
This news is ~10 days old, but may interest someone:
Bitcoin Mining Malware Infecting Android Smartphones
http://www.cellular-news.com/story/Handsets/65154.php
Bitcoin Mining Malware Infecting Android Smartphones
http://www.cellular-news.com/story/Handsets/65154.php
Well heartbleed has my attention lately but I find it hard to believe that malware developers mining on a phone unless they started in 2011 earn hundreds of bitcoins lol
April 08, 2014, 11:29:01 PM
So we are surrounded by embezzlers.
April 08, 2014, 11:27:54 PM
Isn't it so that the more times we test resistance, the better chance to break through?
hmm dont know so much. only one thing is true, the longer consolidation goes on for, the sooner it has to stop
that is true in bitcoin. One could argue that the more times resistance rejects the price, the stronger it is. same is true for support.
So it's exactly the opposite of what I have heard then?
They are not contradictory. Rejection count correlates with resistance/support strength. Each successive assault consumes some of that strength.
April 08, 2014, 11:26:36 PM
Also, a price supported by entirely by holding and not by buyers is very weak - it is unusable by merchants due to the lack of liquidity. It is in effect a ponzi scheme.
You should be ashamed of yourself for being involved. What would your mother think? Go away.
Wow, I was in that as well, what a coincidence. I was in a few others as well that were running at the same time. Ended up a decent chunk of change.
April 08, 2014, 11:22:21 PM
This news is ~10 days old, but may interest someone:
Bitcoin Mining Malware Infecting Android Smartphones
http://www.cellular-news.com/story/Handsets/65154.php
Bitcoin Mining Malware Infecting Android Smartphones
http://www.cellular-news.com/story/Handsets/65154.php
April 08, 2014, 11:03:24 PM
So it's exactly the opposite of what I have heard then?
I dont think there is a rule. price moving into resistance equally reveals a buyer and a seller. in theory, the one that makes the market order is the weakest, but thats not a reason why the wall should move.
April 08, 2014, 11:02:25 PM
Isn't it so that the more times we test resistance, the better chance to break through?
hmm dont know so much. only one thing is true, the longer consolidation goes on for, the sooner it has to stop
that is true in bitcoin. One could argue that the more times resistance rejects the price, the stronger it is. same is true for support.
So it's exactly the opposite of what I have heard then?
I would imagine it depends on which way proves the point and suits the agenda of the person you're speaking to in the moment.
April 08, 2014, 11:00:30 PM
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