Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28771. (Read 26619957 times)

0% fees are good in flat markets, I don't particularly care about fees when big swings are imminent. If I'm making 15-20% on a trade, I don't really care about 0.5% fees.

Yeah the difference in buy and sell orders would go way down with 0 fees.

yeah, I guess you kinda summed it up. When I consider the kind of swings I need on Virtex with 1.5% fees, I mean, 0% fees is a freakin' playground. I don't think you can take anything serious there.

Can you add lakeBTC as well?

m80's can blow fingers off but they are still kinda popular especially in more rural areas. It's one of the reasons we have laws on the limits for the more common fireworks because m80s used to be more popular and kids were blowing fingers off. This was probably 20-40 years ago. But again, in rural areas, people use them for killing varmints and illegal fishing, farm kind of stuff.

Dont tell others to trade for your own benefits you little piece of shit.

Trolling and spread FUD is one thing, but blatantly tell ppl "should" buy/sell is dirtiest trick of the book. Dipshit

Yep. <$50 by end of April obviously. No brainer.

 

HODL

This is it guys, better sell while you still can. Don't see it going up from here for a while, especially since goxcoins will be hitting the market soon.

I am pretty sure that my trading inclination is much affected upon the size of the fee(s)... and zero fees would turn me into a trading hawk... rather than a trading dove. 

I get scared by BTC-e's measly .2% fee.... .b/c I figure that I gotta make .4% just to break even... and stamp is like .5% for the little rollers, like me,  and coinbase charges me 1% (even though that is NOT technically trading)..   These fees all add up to disincentives, at least for me.

Maybe any measurement of exchange volume should be adjusted based on the size of the fee..... especially if comparing one exchange to another.

I didn't state any value, those are the numbers and I believe they are mostly real trades between competing traders.

However, I wrote earlier why I think that those numbers do matter: https://bitcointalksearch.org/topic/m.5801780

Zero fees explain the larger volume, but do not make it irrelevant.  If McDonalds had 10 times the sales than Burger King by offering free drinks, this reason  would not make their sales less significant.
 

Today I learned that Roger Ver (aka Bitcoin Jesus, aka The Man Who Assured Us That MtGOX Was Solvent)  served 10 months in jail in 2002 for storing, selling, and mailing explosives without licence.

Yes, I read his version of the story, and several articles defending him, making him a martyr of free spech and such.  Please don't bother to repeat that.

I am posting only to ask if anyone knows exaclty what were the "Pest Control 2000" things that he was selling.  I understand that they were sort of firecrackers that farmers would use to scare birds, but how exactly were they launched?  (I found only a couple posts in one blog that mentioned them, and from the context it seems that they could be launched with a shotgun.) 

Also, how much explosive did those things contain? (According to the ATF charges, Roger described them as "M80"s in the eBay ads, which according to Wikipedia are hefty "firecrackers" containing ~3g of gunpowder.  But that same document seems to say that they are not M80s.  Elsewhere I read that consumer-level fireworks cannot contain more than 0.05g of explosive, except for those with a launching stick.)

Finally, Roger Ver wrote in his version of the story that the company that made those things was only asked to stop making them.  However, those blogposts above seem to say that the comany was closed because of them.  Can anyone confirm that?  Thanks...

coins start to get seriously cheap about 532.

Hi JorgeStolfi

how much value can you give to volume if there are no fees?

thanks

Thanks

The total trade volume today (Fri Mar/21 00:00-23:59 UTC), on the exchanges that I monitor, was ~408 kBTC.  That is almost three times yesterday's volume (139 kBTC) and a little more than twice last Friday's (198).

Volume outside China grew 85% relative to yesterday (from 29 to 54 kBTC) and 186% relative to last Friday's (19 kBTC).  Bitstamp (22 kBTC) and Bitfinex (19) remained at the top, and BTC-e (10) fell further behind them.  CampBX returned to its usual range with 0.07 kBTC, from the freak 0.72 kBTC of yesterday.

Volume in the Chinese exchanges that I monitor increased 223% since yesterday (from 110 to 354 kBTC) and 198% relative to last Friday (179).  OKCoin retained its lead over Huobi (with 54% and 43% of my Chinese total, respectively). 

China's slice of my total volume increased again from 80% to 87%.  Note however that my numbers may be only 2/3 or less than the actual total, with most of the omitted traffic in China.

Thanks again, a nice site, but I think the main benefit to that site is the fact that they take note of the providers, which is nice to get a review of each provider and how stable they are.

Unfortunately, I do not see bitcointalk listed in the companies they track, and if I'm having problems with my provider, then I probably can't get to that site either. When the problem is on my end, it get's very cold, very quick. I don't need a website to verify there is a problem.

I like the isitdownrightnow one tho,

Daily volumes of BTC trade to/from USD and other national currencies (in kBTC):

             !    Fri !    Sat !   Sun !    Mon !    Tue !    Wed !    Thu !    Fri !
  EXCHANGE   !  03/14 !  03/15 ! 03/16 !  03/17 !  03/18 !  03/19 !  03/20 !  03/21 ! Currencies considered

  Bitstamp   |   8.68 |   2.20 |  3.30 |   9.17 |  14.90 |   7.08 |  10.90 |  22.40 | USD
  BitFinEx   |   5.53 |   1.74 |  1.90 |   3.76 |   7.74 |   3.44 |   8.10 |  19.20 | USD
  BTC-e      |   3.76 |   2.55 |  2.62 |   3.90 |   7.91 |   5.48 |   7.85 |  10.43 | USD,EUR,RUR
  Kraken     |   0.48 |   0.34 |  0.15 |   0.48 |   0.85 |   0.57 |   0.74 |   1.10 | EUR
  Bitcoin.DE |   0.20 |   0.12 |  0.12 |   0.40 |   0.42 |   0.35 |   0.38 |   0.43 | EUR
  CaVirtEx   |   0.11 |   0.06 |  0.06 |   0.10 |   0.10 |   0.13 |   0.40 |   0.14 | CAD
  CampBX     |   0.06 |   0.03 |  0.02 |   0.07 |   0.32 |   0.06 |   0.72 |   0.07 | USD

  SUBTOTAL   |  18.82 |   7.04 |  8.17 |  17.88 |  32.24 |  17.11 |  29.09 |  53.77 |

  OKCoin     |  97.80 |  55.40 | 40.00 |  59.00 |  82.70 |  95.00 |  58.30 | 190.00 | CNY
  Huobi      |  78.40 |  36.50 | 27.00 |  63.80 |  84.10 |  62.40 |  48.10 | 154.00 | CNY
  BTC-China  |   2.97 |   1.13 |  1.51 |   2.74 |   3.70 |   3.79 |   2.85 |   9.79 | CNY
  Bter       |   0.19 |   0.35 |  0.28 |   0.34 |   0.27 |   0.35 |   0.36 |   0.66 | CNY

  SUBTOTAL   | 179.36 |  93.38 | 68.79 | 125.88 | 170.77 | 161.54 | 109.61 | 354.45 |

  TOTAL      | 198.18 | 100.42 | 76.96 | 143.76 | 203.01 | 178.65 | 138.70 | 408.22 |

All numbers were collected by hand from the site http://bitcoinwisdom.com. Beware of possible errors.

For each exchange, the numbers include only the trade volume to/from the currencies listed in the rightmost column. Trade between BTC and other cryptocoins, such as LiteCoin, is NOT included.

Dates on the header line are UTC. Specifically, "01/15" means "from 01/15 00:00:00 UTC to 01/15 23:59:59 UTC". (Beware that the same period may span part of day 01/14 or part of day 01/16 in your local time zone.)

NOTE: There are at least five additional large exchanges in China that are not on this table because they are not covered by Bitcoinwisdom: FxBTC, ChBTC, BTCTrade, BTC100, and BTC38.  Together they may have as much volume as Huobi or OKCoin.

I believe this http://www.businessinsider.com/false-china-report-bitcoin-price-drop-2014-3