Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30838. (Read 26712934 times)
December 19, 2013, 11:24:37 PM
You've gotta know when to hodl them and when to fodl thme.
December 19, 2013, 11:22:02 PM
..... I sodl when i shoulda hodl!
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good night!
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good night!
December 19, 2013, 11:13:58 PM
Gonna keep an eye on Bitfinex, they are run out of Hong Kong which enjoys a certain level of freedom from that of mainland China.
December 19, 2013, 11:10:11 PM
What if the Chinese actually want bitcoins? Maybe they just did the same thing everyone else does and used the opportunity to sell high and buy low. Maybe with the prospects of the exchange closing, they realize that their bitcoins will become much more valuable and sought after . . . 
That actually makes a good deal of sense. There were some excited posts the other day about the huge volume of XBT transferring in the blockchain. Many speculated that it was arbi, but transfer to Chinese wallets seems to be more realistic.
December 19, 2013, 11:08:50 PM
someone sold at the top and is now DDOSing the fourm, HODL!!!!!!!!!
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December 19, 2013, 11:01:46 PM
December 19, 2013, 11:01:03 PM
What if the Chinese actually want bitcoins? Maybe they just did the same thing everyone else does and used the opportunity to sell high and buy low. Maybe with the prospects of the exchange closing, they realize that their bitcoins will become much more valuable and sought after . . .
December 19, 2013, 10:59:13 PM
so where do you want to go my wicked friend
enlighten me about your next ferocious trend
what are you saying?enlighten me about your next ferocious trend
gata count faster, gata go to bed, bitcoin is high, buy now sell later bla bla bla
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December 19, 2013, 10:51:39 PM
holy crap china is STILL buying
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December 19, 2013, 10:49:20 PM
No the reason it matters to close BT China is because the other exchanges are still wired to follow it move for move. We need that behavior gone.
Totally agree. BTCChina closing would be very bullish, medium term.
December 19, 2013, 10:48:06 PM
BTChina up 95% from the low 30 hours ago. Seems legit.
seems like bitcoin
Bitcoin scores high on the hot-crazy scale.
December 19, 2013, 10:44:17 PM
Two things:
1. I surprised at the 24 hour volume on BTC-e. Nice.
2. I'm pleased that gox didn't level off in the 650-675 range.
Go team.
1. I surprised at the 24 hour volume on BTC-e. Nice.
2. I'm pleased that gox didn't level off in the 650-675 range.
Go team.
December 19, 2013, 10:43:44 PM
Lets see if my count down works for the bear maret
Nice Correction in
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Nice Correction in
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I am astonished by the accuracy of your predictions! Sign me up for BitMovements.. Can I get back issues too?
sure but i ask for a small donation of any amount
19Rw7tUqTEMfgzxNRP4s2twAECpF3rVyZM
December 19, 2013, 10:39:57 PM
Lets see if my count down works for the bear maret
Nice Correction in
5
Nice Correction in
5
I am astonished by the accuracy of your predictions! Sign me up for BitMovements.. Can I get back issues too?
December 19, 2013, 10:39:19 PM
BTChina up 95% from the low 30 hours ago. Seems legit.
it is legit! 10,000 noobs are about to realize this tho....
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December 19, 2013, 10:39:06 PM
First off, if BTCChina closes(seems likely), that won't mean much at all. The possibility of that is already priced in, not that the manipulators won't take advantage, it will just be a buying opportunity. So trading is suspended there, oh well, that would only serve to throw off the old anchor.
And this volume that you keep bringing up. First, add all of the volume from the three major exchanges(leaving off China), there was really only Gox in April. Can't discount BTC-e because it is not a USD exchange, many people who traded at Gox in April trade there now. Second, convert to dollar value! Bitcoins were worth almost 10 times what they were at the April floor.
So, 109k on Gox, 137k on stamp, 148k on BTC-e. Total, 394k BTC traded in one day.
April, 572k on Gox, 35k on Stamp. 607k total.
Dollar adjusted 3,940k BTC were traded this month at the low vs 635k in April.
I am not saying we won't drop again, I am just saying we had a TON of volume. Before you say that dollar value is irrelevant, check trade volumes of Berkshire Hathaway. The more valuable something is, the less volume is traded, not the other way around.
And this volume that you keep bringing up. First, add all of the volume from the three major exchanges(leaving off China), there was really only Gox in April. Can't discount BTC-e because it is not a USD exchange, many people who traded at Gox in April trade there now. Second, convert to dollar value! Bitcoins were worth almost 10 times what they were at the April floor.
So, 109k on Gox, 137k on stamp, 148k on BTC-e. Total, 394k BTC traded in one day.
April, 572k on Gox, 35k on Stamp. 607k total.
Dollar adjusted 3,940k BTC were traded this month at the low vs 635k in April.
I am not saying we won't drop again, I am just saying we had a TON of volume. Before you say that dollar value is irrelevant, check trade volumes of Berkshire Hathaway. The more valuable something is, the less volume is traded, not the other way around.
Now that's the sort of analysis that I pay my subscription for.
Well done.
December 19, 2013, 10:34:58 PM
No the reason it matters to close BT China is because the other exchanges are still wired to follow it move for move. We need that behavior gone.
December 19, 2013, 10:34:00 PM
chart
December 19, 2013, 10:32:45 PM
Just wait till the next wave of negative china news. BT China closes would be best. Then it bottoms out with super high volume on USD exchanges like in April and the real floor is found.
First off, if BTCChina closes(seems likely), that won't mean much at all. The possibility of that is already priced in, not that the manipulators won't take advantage, it will just be a buying opportunity. So trading is suspended there, oh well, that would only serve to throw off the old anchor.
And this volume that you keep bringing up. First, add all of the volume from the three major exchanges(leaving off China), there was really only Gox in April. Can't discount BTC-e because it is not a USD exchange, many people who traded at Gox in April trade there now. Second, convert to dollar value! Bitcoins were worth almost 10 times what they were at the April floor.
So, 109k on Gox, 137k on stamp, 148k on BTC-e. Total, 394k BTC traded in one day.
April, 572k on Gox, 35k on Stamp. 607k total.
Dollar adjusted 3,940k BTC were traded this month at the low vs 635k in April.
I am not saying we won't drop again, I am just saying we had a TON of volume. Before you say that dollar value is irrelevant, check trade volumes of Berkshire Hathaway. The more valuable something is, the less volume is traded, not the other way around.
December 19, 2013, 10:31:40 PM
BTChina up 95% from the low 30 hours ago. Seems legit.
seems like bitcoin
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