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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29389. (Read 26609871 times)

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
hero member
Activity: 910
Merit: 1003
Today (Saturday, Feb 22 UTC) volume was lower than yesterday in all exchanges.

Outside China and MtGOX, volume fell from ~84  to ~54 kBTC, which is a little below the daily average for last week.

In China, volume fell too, but not as much: from ~344 to ~252 kBTC, which is well above last week's average.

As a result, China's fraction of the total volume (excluding MtGOX) increased a little, from ~80% to ~83%.
legendary
Activity: 1106
Merit: 1007
Hide your women
If this gox rally continues, there may be a possible extension of the bull trap to ~660, like so:



This is exactly what I was talking about last night which I was worried about not being there. With it being there, it would be complete with the patterns of previous years.

Don't you get tired of being wrong all the time? At least I can't accuse you of just telling people what they want to hear.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
Gotta give Tera credit for calling the spike at $619.88 within 12 cents.

Yes I agree nice call.

If i predict random numbers every day i will be right once in a while as well. If he could do any better than just guessing he wouldn't be here. He would be on his yacht enjoying his millions.

You're missing the point.
Ever heard the mathematician's joke about financial advisory?
hero member
Activity: 672
Merit: 500
Gotta give Tera credit for calling the spike at $619.88 within 12 cents.

Yes I agree nice call.

If i predict random numbers every day i will be right once in a while as well. If he could do any better than just guessing he wouldn't be here. He would be on his yacht enjoying his millions.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
My prediction that BSP would be back under 600 by 2pm is not going so well.  That's ok I am patient I still think there is nothing behind this rally.  
hero member
Activity: 728
Merit: 500
If this gox rally continues, there may be a possible extension of the bull trap to ~660, like so:



This is exactly what I was talking about last night which I was worried about not being there. With it being there, it would be complete with the patterns of previous years.
legendary
Activity: 1106
Merit: 1007
Hide your women
Weird. Good-sized buy on Stamp had nothing to do with Gox. China, maybe? 15 minute chart uptrend still intact! 
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
What's up with gox? orderbook very thin, volume flat, cage-fighters exhausted...
hero member
Activity: 910
Merit: 1003

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


             !    Fri !    Sat !    Sun !    Mon !    Tue !   Wed !    Thu !    Fri !    Sat !
  EXCHANGE   !  02/14 !  02/15 !  02/16 !  02/17 !  02/18 ! 02/19 !  02/20 !  02/21 !  02/22 ! Currencies considered

  BTC-e      |  52.18 |   9.16 |  21.75 |  15.07 |   8.08 |  5.84 |  23.37 |  23.64 |  18.68 | USD,EUR,RUR
  Bitstamp   |  63.38 |  20.76 |  26.40 |  19.90 |  14.83 | 20.76 |  34.97 |  29.61 |  18.08 | USD
  BitFinEx   |  53.68 |  10.83 |  16.75 |  15.69 |   8.47 |  4.71 |  25.27 |  28.46 |  14.73 | USD
  Kraken     |   1.79 |   0.41 |   0.91 |   0.89 |   0.51 |  0.38 |   1.60 |   1.15 |   1.08 | EUR
  Bitcoin.DE |   1.63 |   0.22 |   0.57 |   0.57 |   0.38 |  0.54 |   0.70 |   0.76 |   0.61 | EUR
  CaVirtEx   |   1.16 |   0.15 |   0.15 |   0.15 |   0.21 |  0.11 |   0.75 |   0.60 |   0.20 | CAD
  CampBX     |   0.41 |   0.05 |   0.07 |   0.28 |   0.10 |  0.14 |   0.73 |   0.24 |   0.26 | USD

  SUBTOTAL   | 174.23 |  41.58 |  66.60 |  52.55 |  32.58 | 32.48 |  87.39 |  84.46 |  53.64 |

  Huobi      | 236.27 | 122.80 | 110.57 | 130.41 |  74.04 | 34.12 | 131.14 | 187.12 | 154.12 | CNY
  OKCoin     | 147.26 |  51.45 |  63.63 |  63.05 |  51.46 | 26.29 |  53.49 | 140.75 |  87.71 | CNY
  BTC-China  |  24.87 |   7.55 |   9.08 |   7.86 |   3.86 |  2.04 |  10.97 |  15.23 |   9.29 | CNY
  Bter       |   1.54 |   0.74 |   0.56 |   0.48 |   0.35 |  0.37 |   0.77 |   0.63 |   0.48 | CNY

  SUBTOTAL   | 409.94 | 182.54 | 183.84 | 201.80 | 129.71 | 62.82 | 196.37 | 343.73 | 251.60 |

  TOTAL      | 584.17 | 224.12 | 250.44 | 254.35 | 162.29 | 95.30 | 283.76 | 428.19 | 305.24 |

  MtGOX      |  79.56 |  60.15 | 104.46 |  65.69 |  63.50 | 40.75 | 127.48 | 103.06 |  89.24 | USD,EUR,GBP,AUD,JPY



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 Bitcoinwisdom uses your local time, so the date may appear to be off by 1 day.  For example, if you are 2 hours west of Greenwich, it may show "01/14 22:00" when the UTC time is "01/15 00:00".)

NOTE: MtGOX has suspended withdrawals of Bitcoins and national currencies.  Therefore it is essentially isolated from other markets, and its price is completely out of the norm.  The exceptional trade volumes above may be meaningless.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
Jorge

go buy a bitcoin.

"It might make sense just to get some in case it catches on" - Satoshi Nakamoto 01/17/2009
legendary
Activity: 2156
Merit: 1070
so the way i see it is we had pretty much some support testing at around 530$ (on stamp) with lower resistances upward.





this trend is very likely to break downwards.

I agree. We are not out of the woods yet. Gox could resolve us in the next day or so, but more likely this continues to drag out for a week or two more and there is no way we are going to break upper resistance under those circumstances, imo.
legendary
Activity: 2156
Merit: 1070
I have my buy orders set at 117 and I'm not looking at Magic: The Gathering Online Exchange until my orders fill.
My resolution lasted 5 minutes...

Lol. Better than 30 seconds.
legendary
Activity: 2380
Merit: 1823
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legendary
Activity: 1106
Merit: 1007
Hide your women
Scammers can only take your money if you let them. Governments take your money by threat of force. Taxes are theft even if the money is ostensibly spent for our benefit because it's involuntary. I prefer dealing with scammers.

Thanks for the reply.  Well, I am surprised. 

I would never deal with someone if I know that he has scammed someone else,  I would not think that I am smart enough to outsmart him.  I guess it is a matter of temperament, like aversion to risk.



It's simple to deal with scammers. You just make sure they have more to lose than you do if they don't pull through and you make sure they know that. If you are not in a position to use that kind of leverage, don't do business with them. You have to manage your own reputation more so than theirs because the threat of imposing opportunity costs must be credible. You miss too many opportunities with excessive risk aversion.
hero member
Activity: 798
Merit: 1000
We got any predictions then or is everyone holding back until the goxing is over (if ever)
sr. member
Activity: 560
Merit: 250
"Trading Platform of The Future!"
I have my buy orders set at 117 and I'm not looking at Magic: The Gathering Online Exchange until my orders fill.
My resolution lasted 5 minutes...
legendary
Activity: 1106
Merit: 1007
Hide your women
so the way i see it is we had pretty much some support testing at around 530$ (on stamp) with lower resistances upward.





this trend is very likely to break downwards.

Looks like we're closer to breaking higher, Hoss.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Jorge

go buy a bitcoin.
sr. member
Activity: 560
Merit: 250
"Trading Platform of The Future!"
I have my buy orders set at 117 and I'm not looking at Magic: The Gathering Online Exchange until my orders fill.

good luck with that
I have my buy orders set at 117 and I'm not looking at Magic: The Gathering Online Exchange until my orders fill.

good luck with that
stop spreading FUD, but thanks for the luck
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