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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29891. (Read 26709775 times)

hero member
Activity: 910
Merit: 1003

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


               !   Wed !   Thu !   Fri !   Sat !   Sun !   Mon !   Tue !   Wed !    Thu !    Fri !    Sat !                     
  EXCHANGE     ! 01/29 ! 01/30 ! 01/31 ! 02/01 ! 02/02 ! 02/03 ! 02/04 ! 02/05 !  02/06 !  02/07 !  02/08 ! Currencies considered

  MtGOX        |  7.21 |  6.60 |  4.45 |  5.13 |  2.28 |  3.37 |  5.40 |  8.20 |  21.54 |  58.89 |  26.82 | USD,EUR,GBP,AUD,JPY 
  Bitstamp     |  7.04 | 13.13 |  7.73 |  8.30 |  4.07 |  4.93 |  7.59 |  8.48 |  20.65 |  42.79 |  13.50 | USD                 
  BTC-e        |  6.53 | 12.54 |  4.65 |  6.30 |  4.74 |  5.75 |  4.51 |  6.55 |   9.72 |  31.84 |  11.67 | USD,EUR,RUR         
  BitFinEx     |  3.87 |  8.18 |  3.91 |  4.54 |  3.15 |  3.45 |  3.36 |  5.22 |  21.11 |  66.36 |  11.12 | USD                 
  CaVirtEx     |  0.21 |  0.25 |  0.24 |  0.24 |  0.20 |  0.08 |  0.17 |  0.18 |   0.39 |   1.07 |   0.57 | CAD                 
  Bitcoin.DE   |  0.33 |  0.47 |  0.35 |  0.33 |  0.35 |  0.51 |  0.27 |  0.31 |   0.61 |   1.30 |   0.37 | EUR                 
  Kraken       |  0.24 |  0.37 |  0.20 |  0.23 |  0.15 |  0.21 |  0.29 |  0.23 |   0.59 |   1.45 |   0.37 | EUR                 
  CampBX       |  0.07 |  0.06 |  0.05 |  0.23 |  0.16 |  0.10 |  0.12 |  0.16 |   0.21 |   0.82 |   0.27 | USD                 
  Crypto-Trade |   .   |  0.01 |   .   |  0.01 |  0.01 |   .   |  0.01 |  0.01 |   0.04 |   0.05 |   0.01 | USD                 

  SUBTOTAL     | 25.50 | 41.61 | 21.58 | 25.31 | 15.11 | 18.40 | 21.72 | 29.34 |  74.86 | 204.57 |  64.70 |                     

  Huobi        | 32.14 | 29.27 | 15.26 | 28.86 | 26.27 | 24.77 | 18.65 | 19.55 |  39.97 | 131.91 |  77.00 | CNY                 
  OKCoin       | 29.11 | 18.56 | 17.11 | 20.38 | 20.00 | 18.09 | 12.77 | 12.33 |  26.07 |  74.37 |  37.63 | CNY                 
  BTC-China    |  1.94 |  1.99 |  1.17 |  2.31 |  2.21 |  1.70 |  1.33 |  1.54 |   4.09 |  17.66 |   6.86 | CNY (NOTE 1)         

  SUBTOTAL     | 63.19 | 49.82 | 33.54 | 51.55 | 48.48 | 44.56 | 32.75 | 33.42 |  70.13 | 223.94 | 121.49 |                     

  TOTAL        | 88.69 | 91.43 | 55.12 | 76.86 | 63.59 | 62.96 | 54.47 | 62.76 | 144.99 | 428.51 | 186.19 |                     



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.

Coinbase is said to use Bitstamp for currency conversion.

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 1) On 2014-01-30, BTC-China had a burst of extremely fast, regular and atypical transactions, all with similar amounts (a few tens of BTC) and prices (~4836 CNY), adding up to about 41,050 BTC.  The burst started suddenly around 17:00 UTC and and stopped suddenly around 19:30 UTC. Presumably those transactions were made by a faulty robot trading against itself or some other robot, and did not represent actual exchange of money and bitcoins between distinct individuals. Therefore those anomalous transactions were subtracted from the BTC-China volume for Jan/30.
member
Activity: 104
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Pecunia non olet
My humble opinion:

Sideways - bounce up. Back down before gox news.

It seems as the other exchanges are just watching what MtGox does but are not following it directly.
750 on stamp/btce seems very unlikey. But well see. I'm out till next 4h close

hero member
Activity: 910
Merit: 1003
We are so far below the super-exponential trendline... Obvious buying opportunity! $100 000/BTC before autumn!
Have you heard of Ackerman's Function?  It may be a better fit to the charts than super-exponential.



 Wink
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
when it rains it pours!
the bottom is falling out!
ahhhhhhhhhhhhh!

was looking at mtgox chart

wtf Goxers have gone insane
*
still in denial bull ? bitcoin has no value.

omg your right!
realizing the truth makes me so sad
 Cry

And Adam? Will you hold your recent bought coins or risk speculating for more sell-off?

i'm buying daily at this point
legendary
Activity: 2338
Merit: 1035
CCMF = CHOO CHOO MOTHERSFUCKERS and CHEAP COINS MOTHERFUCKERS??  Cool

this will be confusing  Grin
legendary
Activity: 1414
Merit: 1000
full member
Activity: 140
Merit: 100
when it rains it pours!
the bottom is falling out!
ahhhhhhhhhhhhh!

was looking at mtgox chart

wtf Goxers have gone insane
*
still in denial bull ? bitcoin has no value.

omg your right!
realizing the truth makes me so sad
 Cry

And Adam? Will you hold your recently bought coins or risk speculating for more sell-off?
hero member
Activity: 602
Merit: 500
We are so far below the super-exponential trendline... Obvious buying opportunity! $100 000/BTC before autumn!
graph please
hero member
Activity: 602
Merit: 500

Hopefully the executives there haven't been spending the money, and then crediting btc that they don't even have
are you sure they did`nt  spent the Money?
Or an internal/external hacker of the cash deposit ?

Cash-leak ?
hero member
Activity: 496
Merit: 500
Spanish Bitcoin trader
We are so far below the super-exponential trendline... Obvious buying opportunity! $100 000/BTC before autumn!
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
Quote
If USD withdrawals have not been fixed for almost 8 months, what makes you think they will fix BTC withdrawals in less than a month?
Two unrelated processes.
Cash holdup is possibly frozen assets during an investigation, or limited access to fiat due to banks' intransigency/fear.
BTC holdup is likely a bug in Gox's wallet software, as explained in the Gmaxwell reddit post linked upthread.
Cash Flows
Quote
One key insight Mark provided was the cash inflows vs outflows. He estimated $5-20 million cash going in every day, and $0.3-1 million going out
http://thegenesisblock.com/an-analysis-of-the-interview-with-mark-karpeles-ceo-of-mt-gox/
what are they doing with the net amount of 4-19 million $ per day !!!!!! ?? Should be easy to process withdrawals

Hopefully the executives there haven't been spending the money, and then crediting btc that they don't even have
hero member
Activity: 910
Merit: 1003

And they use the market share charts from bitcoincharts.com, which simply omit Huobi and OKCoin.

It is like the Wall Street Journal posting a piechart of the stock markets of the world that omits NYSE and London...
legendary
Activity: 875
Merit: 1362
Throughout 2014 I think we can expect to see new and far more professional exchanges opening which will be fully registered and statutorily compliant within their jurisdictions of operation.1 Also, existing major currency exchanges will begin to offer bitcoin/fiat exchange.  This will be the catalyst for future growth in both bitcoin adoption and value.

Franky, bitcoin has massively outgrown the likes of Gox.  Such amateur inexperienced operators will of course fall by the wayside, whether or not they were once the most recognised and trusted.  Good riddance, I say.  Move over.

1 not an invite for someone to start a rant on whether bitcoin exchanges should be regulated  Cheesy



hero member
Activity: 504
Merit: 500
Moderator


Gox also have problem with US agencies and banks. They are probably under constant investigation regarding money laundering and all that same shit that got Shrem behind bars. Hence the cash is frozen as well.

"Recently published media accounts are inferring a link between MtGox and the former online Silk Road marketplace and other illegal services and activities. MtGox denies that it has ever knowingly assisted, agreed to assist, or willingly cooperated with anyone to use Bitcoin to engage in illegal or illicit transactions."
full member
Activity: 140
Merit: 100
Told you a few days ago:

CCMF

cheap coins mofos!

Hope you all sold and not bought last bulltrap.
But some permabulls never learn.

Thanks for 30% more coins! Sell when the people shout "bye bye tripple digits". That suckers got burnt heavily and they probably sold at the bottom.

Buy when all panic sell. Works allways with bitcoin, just need patience and fiat ready @ major exchanges.

Yeah. I made a lot of new coins by these panic dumps, too. And all without investing no more fiat.

Permabulls are batshit insane just as permabears.
legendary
Activity: 1260
Merit: 1002
Quote
If USD withdrawals have not been fixed for almost 8 months, what makes you think they will fix BTC withdrawals in less than a month?
Two unrelated processes.
Cash holdup is possibly frozen assets during an investigation, or limited access to fiat due to banks' intransigency/fear.
BTC holdup is likely a bug in Gox's wallet software, as explained in the Gmaxwell reddit post linked upthread.
Cash Flows
Quote
One key insight Mark provided was the cash inflows vs outflows. He estimated $5-20 million cash going in every day, and $0.3-1 million going out
http://thegenesisblock.com/an-analysis-of-the-interview-with-mark-karpeles-ceo-of-mt-gox/
what are they doing with the net amount of 4-19 million $ per day !!!!!! ?? Should be easy to process withdrawals

Gox also have problem with US agencies and banks. They are probably under constant investigation regarding money laundering and all that same shit that got Shrem behind bars. Hence the cash is frozen as well.

edit: On the other hand, the good point is that Mark isnt in jail yet since he seems to fully cooperate.
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Crash going to accelerate on monday when gox releases an official "we're still working on it but don't worry, will be fixed in no time."

What will Gox implement first - the LTC or the btc withdrawals ? Cheesy

edit: stop fucking quoting obvious trolls like fonzie or mah87. This is as retarded as replying to the niggerian prince emails from the "spam" folder, wake the fuck up. Already ignored 2 people who constanly quote them.

Unfortunate typo there.
legendary
Activity: 1260
Merit: 1002
Told you a few days ago:

CCMF

cheap coins mofos!

Hope you all sold and not bought last bulltrap.
But some permabulls never learn.

Thanks for 30% more coins! Sell when the people shout "bye bye tripple digits". That suckers got burnt heavily and they probably sold at the bottom.

Buy when all panic sell. Works allways with bitcoin, just need patience and fiat ready @ major exchanges.

CCMF...

CHEAP COINS MOTHER FUCKERS



totally works for me Grin Grin Grin
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Crash going to accelerate on monday when gox releases an official "we're still working on it but don't worry, will be fixed in no time."

It's pining for the fjords...




Ah, that's what that bird was.
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