Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30018.

dgarcia

full member

Activity: 140

Merit: 100

Quote from: JorgeStolfi on February 01, 2014, 06:58:25 AM

From BTC-China's English-language page: "With the most buyers and sellers, BTC China has the highest trading volumes in China, and offers the most liquidity of all exchanges." Really?

From the Mt. Gox English-language page: "Trade with confidence on the world's largest Bitcoin exchange!", Really?

JorgeStolfi

hero member

Activity: 910

Merit: 1003

From BTC-China's English-language page: "With the most buyers and sellers, BTC China has the highest trading volumes in China, and offers the most liquidity of all exchanges." Really?

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

Quote from: TERA on February 01, 2014, 06:20:57 AM

Exchanges are having record low volume and prices are just floating up with no resistance.

you say that like it's a bad thing.

magicmexican

hero member

Activity: 812

Merit: 1000

Well, at least ltc is moving

TERA

hero member

Activity: 728

Merit: 500

Exchanges are having record low volume and prices are just floating up with no resistance.

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Quote from: Nemo1024 on February 01, 2014, 05:08:30 AM

I am tired of this range.

It looks like Huobi and OKCoin will see even less volume today than they did yesterday (well under 10 kBTC), so the price will probably stay where it is.

This could be a chance for the non-Chinese exchanges to retake control of the market. But their volume too is very low, probably still lower than the Chinese. MtGOX has some volume but most of of it may be fake, since it is fairly regular, does not sleep at night, and started suddenly around 13:00 UTC yesterday (Jan/31); it could be an improved version of the ping-pong robot.

Which makes me ask again the question: volume and price changes, which is the cause and which is the effect? Or are they like chicken and egg?

Davyd05

hero member

Activity: 574

Merit: 500

Quote from: TERA on February 01, 2014, 05:48:09 AM

Quote from: Nemo1024 on February 01, 2014, 05:45:32 AM

Quote from: ShroomsKit on February 01, 2014, 05:17:51 AM

No sane person is gonna throw some money in now because they know this.

Meet one such insane person. Tongue

Just bought a 2-digit amount of bitcoins and removed them from the order book.

I wonder, if everyone reading this thread bought something between 0.5 and 1 BTC and moved it out of the exchange, would that give the price a nudge in the upward direction?

I think most people who chat here buy a 3 digit amount of btc,

tis but a dream of mine now Cheesy

, but at least im in rp's top 70k lol

edit thought I had more time in the 140-320 range lol, was too slow then Sad

TERA

hero member

Activity: 728

Merit: 500

Quote from: Nemo1024 on February 01, 2014, 05:45:32 AM

Quote from: ShroomsKit on February 01, 2014, 05:17:51 AM

No sane person is gonna throw some money in now because they know this.

Meet one such insane person. Tongue

Just bought a 2-digit amount of bitcoins and removed them from the order book.

I wonder, if everyone reading this thread bought something between 0.5 and 1 BTC and moved it out of the exchange, would that give the price a nudge in the upward direction?

I think most people who chat here buy a 3 digit amount of btc,

Nemo1024

legendary

Activity: 1680

Merit: 1014

Quote from: ShroomsKit on February 01, 2014, 05:17:51 AM

No sane person is gonna throw some money in now because they know this.

Meet one such insane person. Tongue

Just bought a 2-digit amount of bitcoins and removed them from the order book.

I wonder, if everyone reading this thread bought something between 0.5 and 1 BTC and moved it out of the exchange, would that give the price a nudge in the upward direction?

Denton

full member

Activity: 798

Merit: 100

Give it a few more days for the China situation to stabilize.

TERA

hero member

Activity: 728

Merit: 500

Quote from: ShroomsKit on February 01, 2014, 05:17:51 AM

Quote from: TERA on February 01, 2014, 05:06:45 AM

How insulting for bitcoin.

Overstock adopts bitcoin... crash

Tiger direct adopts bitoin... crash

Porn.com, vegas casinos, and various other adoptions... crash

Positive hearings and conferences... crash

Btcchina enables direct deposits... oh... TO THE MOON!

Actually the positive China news does very little either.
People need to get some balls and get over this 920-950 thing (or similar ranges on other exchanges) instead of immediately selling if the price goes up 5 dollars. This mindset is the only thing that's holding it back. And because people are dump sheep everybody is afraid to be the first not to sell and let it go over 1000. And even if they do only 1 person has to dump 50 coins and the lemmings completely panic and all sell till we're back at 920.
No sane person is gonna throw some money in now because they know this.

No it looks different this time. The order book on Bitstamp and Bitfinex are going bananas.

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: TERA on February 01, 2014, 05:06:45 AM

How insulting for bitcoin.

Overstock adopts bitcoin... crash

Tiger direct adopts bitoin... crash

Porn.com, vegas casinos, and various other adoptions... crash

Positive hearings and conferences... crash

Btcchina enables direct deposits... oh... TO THE MOON!

Actually the positive China news does very little either.
People need to get some balls and get over this 920-950 thing (or similar ranges on other exchanges) instead of immediately selling if the price goes up 5 dollars. This mindset is the only thing that's holding it back. And because people are dump sheep everybody is afraid to be the first not to sell and let it go over 1000. And even if they do only 1 person has to dump 50 coins and the lemmings completely panic and all sell till we're back at 920.
No sane person is gonna throw some money in now because they know this.

Nemo1024

legendary

Activity: 1680

Merit: 1014

I am tired of this range. I'll just buy and hold, leaving only a very small portion in fiat in low bids to accomoda6te for an unexpected drop. The feeling I get now is the same I had during the long sideways in june-july-august...

TERA

hero member

Activity: 728

Merit: 500

How insulting for bitcoin.

Overstock adopts bitcoin... crash

Tiger direct adopts bitoin... crash

Porn.com, vegas casinos, and various other adoptions... crash

Positive hearings and conferences... crash

Btcchina enables direct deposits... oh... TO THE MOON!

F-bernanke

sr. member

Activity: 308

Merit: 250

~~Bear~~stamp slowly creeping over 810.

Davyd05

hero member

Activity: 574

Merit: 500

Quote from: fotosonics on February 01, 2014, 04:29:06 AM

Oh crap. A slow rally this time. Only to drop down suddenly, I predict, as people dump to cash out what little price climb has been so meticulously achieved over so long.

Sure, I hope I'm wrong, but that's all.

no way a drop happens now without the Chinese leading it, or the government muttering something confusing and negative.

fotosonics

full member

Activity: 280

Merit: 100

Oh crap. A slow rally this time. Only to drop down suddenly, I predict, as people dump to cash out what little price climb has been so meticulously achieved over so long.

Sure, I hope I'm wrong, but that's all.

ShroomsKit

hero member

Activity: 672

Merit: 500

Did MtGox just crap out after a 100 coins buy?
Also what a waste. Doesn't that guy know the panic sheep will sell right into it?

mah87

donator

Activity: 756

Merit: 500

-Bitcoin & Ripple-

Quote from: Davyd05 on February 01, 2014, 03:10:05 AM

lol so quiet, are the trolls licking wounds.

I'd expect with the holiday they'd push the crash till atleast a week from now Cheesy

...

however the 31st came and went as expect. Wonder when willy gets wacky again.

http://www.coindesk.com/bullion-exchange-brings-ripple-physical-world/

Davyd05

hero member

Activity: 574

Merit: 500

lol so quiet, are the trolls licking wounds.

I'd expect with the holiday they'd push the crash till atleast a week from now Cheesy

...

however the 31st came and went as expect. Wonder when willy gets wacky again.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30018. (Read 26709760 times)