Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29252.

JorgeStolfi

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Quote from: MatTheCat on March 02, 2014, 03:00:45 AM

I do suspect that Huobi might be used as a means of manipulating USD exchange price

Its trade volume is usually 8x to 10x that of Bitstamp. If that translates into liquidity too, then Huobi will have a much larger effect on Bitstamp than the other way around.

Namely, when an arbitrager buys an amount of BTC on Huobi and sells the same amount on Bitstamp, the drop at the Bitstamp is usually much bigger than the rise at Huobi. So the effect of arbitrage is to pull Bitstamp closer to Huobi, rather than the other way around.

Erdogan

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Quote from: KeyserSoze on March 01, 2014, 05:34:17 PM

Quote from: yrtrnc on March 01, 2014, 12:11:34 PM

We should get together and buy an island with bitcoins, call it Satoshi Island and have the currency as BTC of course, use the bitcoin protocol to vote trade etc.. and live happily ever after.

It would be nothing but endless Goxings. And as with any utopia, who would clean the toilets?

Even a bitcoin new rich would consider cleaning your toilet, if the compensation is high enough. But it would probably be cheaper to hire the NSA guys living in the tent outside your house.

TERA

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Quote from: Cryptobro on March 02, 2014, 07:15:12 AM

Quote from: fonzie on March 02, 2014, 06:30:17 AM

Bitcoin phrase of 2014 : "PRICED IN"

lol, agreed

It shits me how everything is always 'priced in'

China laws? ... no worries, priced in!
Russia ban? ... are you kidding, priced in!
Russian unban?!! ... told ya mate, priced in!
Mt Gox crash? ... too easy! priced in!
Mark K detailed at airport with 750K coins in paper wallets ... you guessed it!

Im exaggerating obviously but you get the point.

You are mixing up unpredictable events with an event that had been predicted a year in advance.

Cryptobro

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Quote from: fonzie on March 02, 2014, 06:30:17 AM

Bitcoin phrase of 2014 : "PRICED IN"

lol, agreed

It shits me how everything is always 'priced in'

China laws? ... no worries, priced in!
Russia ban? ... are you kidding, priced in!
Russian unban?!! ... told ya mate, priced in!
Mt Gox crash? ... too easy! priced in!
Mark K detailed at airport with 750K coins in paper wallets ... you guessed it!

Im exaggerating obviously but you get the point.

elasticband

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Activity: 1036

Merit: 1000

Nighty Night Don't Let The Trolls Bite Nom Nom Nom

calm before the storm Grin

porcupine87

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Activity: 546

Merit: 500

hm

Quote from: mmitech on March 02, 2014, 06:37:43 AM

Quote from: Searing on March 02, 2014, 06:34:45 AM

Quote from: mmitech on March 02, 2014, 06:30:59 AM

BTW volume is horribly low, you would expect people fighting over these "cheap prices" and rallying to buy while it is still "cheap"...

type in bitcoin china in google search I guess they are buying in at this price there

(hey just what I saw on a google search)

go figure

my 2c worth

Searing

I don't see any buying on exchanges.... I am watching charts like zombie but nope... look at the pic down 5 trades in the last 7 minutes !!! and they bearly make 1 BTC all together

you would see crazy rally of people buying if the price was right....

volume is really low. I saw 15min periods with less than 1btc in trading. Many of them are below 15btc...

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

johnny211

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There is supposedly some retail "HFT" bot that has gotten popular in China with the zero fee trading. Is there some info around on it and its algos?

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Quote from: mmitech on March 02, 2014, 06:37:43 AM

Quote from: Searing on March 02, 2014, 06:34:45 AM

Quote from: mmitech on March 02, 2014, 06:30:59 AM

BTW volume is horribly low, you would expect people fighting over these "cheap prices" and rallying to buy while it is still "cheap"...

type in bitcoin china in google search I guess they are buying in at this price there

(hey just what I saw on a google search)

go figure

my 2c worth

Searing

I don't see any buying on exchanges.... I am watching charts like zombie but nope... look at the pic down 5 trades in the last 7 minutes !!! and they bearly make 1 BTC all together

you would see crazy rally of people buying if the price was right....

well this is what comes up for "bitcoin china" on google search (I guess the reporter has to make something up to eat pay the bills)

http://blogs.marketwatch.com/thetell/2014/02/28/mt-gox-falls-but-china-is-seeing-a-bitcoin-gold-rush/

Searing

GreekGeek

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Jesus was a (Goddamn) hippy socialist

Quote from: JorgeStolfi on March 01, 2014, 11:41:04 PM

A wise man does not post to forums when drunk.

(But no one is wise when drunk, of course.)

last night I was drunk but I was too busy throwing up Grin

elasticband

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Activity: 1036

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Nighty Night Don't Let The Trolls Bite Nom Nom Nom

nothing biting on btc-e today... yesterday was much more fun.

mmitech

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Activity: 1148

Merit: 1001

things you own end up owning you

Quote from: Searing on March 02, 2014, 06:34:45 AM

Quote from: mmitech on March 02, 2014, 06:30:59 AM

BTW volume is horribly low, you would expect people fighting over these "cheap prices" and rallying to buy while it is still "cheap"...

type in bitcoin china in google search I guess they are buying in at this price there

(hey just what I saw on a google search)

go figure

my 2c worth

Searing

I don't see any buying on exchanges.... I am watching charts like zombie but nope... look at the pic down 5 trades in the last 7 minutes !!! and they bearly make 1 BTC all together

you would see crazy rally of people buying if the price was right....

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Quote from: mmitech on March 02, 2014, 06:30:59 AM

BTW volume is horribly low, you would expect people fighting over these "cheap prices" and rallying to buy while it is still "cheap"...

type in bitcoin china in google search I guess they are buying in at this price there

(hey just what I saw on a google search)

go figure

my 2c worth

Searing

mmitech

legendary

Activity: 1148

Merit: 1001

things you own end up owning you

BTW volume is horribly low, you would expect people fighting over these "cheap prices" and rallying to buy while it is still "cheap"...

fonzie

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Moderator

Bitcoin phrase of 2014 : "PRICED IN"

yrtrnc

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Quote from: johnny211 on March 02, 2014, 05:59:43 AM

Quote from: isov on March 02, 2014, 05:07:02 AM

Ok, decision made. When I get back home in a month and get to my good computer with decent internet, I'm going to start to do some trading also. Until now I have just bought and hold and tried to do my learning and now I feel I should be able to do it. Made some imaginary calls "now I sell" "now I buy" for awhile now and it seems more likely that I can make more btc than lose some in the long run. Let's see how it goes.

Start with tiny money and work yourself up, pretty much everyone is simply trading money for experience for quite some time.

Go all in

mmitech

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Activity: 1148

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things you own end up owning you

Bitcoin you are boring me, please do something Cheesy

HairyMaclairy

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Degenerate bull hatter & Bitcoin monotheist

Any exchange that is exposed to margin trading is probably more dangerous so BFX and BTCE are higher risk than Bitstamp. And don't tell me BFX is safe because it's only peer to peer lending because the temptation for them to make up lender losses just to keep the lenders onside is just too high.

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

johnny211

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Quote from: isov on March 02, 2014, 05:07:02 AM

Ok, decision made. When I get back home in a month and get to my good computer with decent internet, I'm going to start to do some trading also. Until now I have just bought and hold and tried to do my learning and now I feel I should be able to do it. Made some imaginary calls "now I sell" "now I buy" for awhile now and it seems more likely that I can make more btc than lose some in the long run. Let's see how it goes.

Start with tiny money and work yourself up, pretty much everyone is simply trading money for experience for quite some time.

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