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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32191. (Read 26473315 times)

adamstgBit
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
October 14, 2013, 11:44:44 PM
#32433
Quote from: theonewhowaskazu on October 14, 2013, 10:44:42 PM
Quote from: wachtwoord on October 14, 2013, 10:34:52 PM
Quote from: theonewhowaskazu on October 14, 2013, 10:31:29 PM
Quote from: adamstgBit on October 14, 2013, 10:22:46 PM
Quote from: theonewhowaskazu on October 14, 2013, 10:15:51 PM
Quote from: adamstgBit on October 14, 2013, 10:10:49 PM
i'm buying feathercoins  Grin

Lol. I hope you're trolling (for your sake).
lol no

i'm buying feathercoins  

while i was buying, i wasn't watching bitcoin price

wow 150! lol bitcoin

Why would you possibly buy feathercoins. Seriously. I thought you were adam, the bitcoiner, not one of those weirdos that buys every random cryptocoin he can get his hands on  Tongue

He made a joke. Feathers are light and go up in the wind Wink

Oh.

I'm bad at that type of thing. Believe it or not, I still don't get it.  Undecided

damn

no one likes my feather coins?

its low and bitcoin is high buy buy buy  Cheesy
NewLiberty
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
October 14, 2013, 11:34:42 PM
#32432
Quote from: derpinheimer on October 14, 2013, 10:12:33 PM
Quote from: adamstgBit on October 14, 2013, 10:10:49 PM
i'm buying feathercoins  Grin

That reminds me, what happened to that exchange with PPCoin and Worldcoin and a bunch of other random ones? 

CoinMKT.com?
ChartBuddy
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
October 14, 2013, 11:02:20 PM
#32431
theonewhowaskazu
sr. member
Activity: 448
Merit: 250
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
October 14, 2013, 10:44:42 PM
#32430
Quote from: wachtwoord on October 14, 2013, 10:34:52 PM
Quote from: theonewhowaskazu on October 14, 2013, 10:31:29 PM
Quote from: adamstgBit on October 14, 2013, 10:22:46 PM
Quote from: theonewhowaskazu on October 14, 2013, 10:15:51 PM
Quote from: adamstgBit on October 14, 2013, 10:10:49 PM
i'm buying feathercoins  Grin

Lol. I hope you're trolling (for your sake).
lol no

i'm buying feathercoins  

while i was buying, i wasn't watching bitcoin price

wow 150! lol bitcoin

Why would you possibly buy feathercoins. Seriously. I thought you were adam, the bitcoiner, not one of those weirdos that buys every random cryptocoin he can get his hands on  Tongue

He made a joke. Feathers are light and go up in the wind Wink

Oh.

I'm bad at that type of thing. Believe it or not, I still don't get it.  Undecided
wachtwoord
legendary
Activity: 2324
Merit: 1125
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
October 14, 2013, 10:34:52 PM
#32429
Quote from: theonewhowaskazu on October 14, 2013, 10:31:29 PM
Quote from: adamstgBit on October 14, 2013, 10:22:46 PM
Quote from: theonewhowaskazu on October 14, 2013, 10:15:51 PM
Quote from: adamstgBit on October 14, 2013, 10:10:49 PM
i'm buying feathercoins  Grin

Lol. I hope you're trolling (for your sake).
lol no

i'm buying feathercoins  

while i was buying, i wasn't watching bitcoin price

wow 150! lol bitcoin

Why would you possibly buy feathercoins. Seriously. I thought you were adam, the bitcoiner, not one of those weirdos that buys every random cryptocoin he can get his hands on  Tongue

He made a joke. Feathers are light and go up in the wind Wink
theonewhowaskazu
sr. member
Activity: 448
Merit: 250
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
October 14, 2013, 10:31:29 PM
#32428
Quote from: adamstgBit on October 14, 2013, 10:22:46 PM
Quote from: theonewhowaskazu on October 14, 2013, 10:15:51 PM
Quote from: adamstgBit on October 14, 2013, 10:10:49 PM
i'm buying feathercoins  Grin

Lol. I hope you're trolling (for your sake).
lol no

i'm buying feathercoins  

while i was buying, i wasn't watching bitcoin price

wow 150! lol bitcoin

Why would you possibly buy feathercoins. Seriously. I thought you were adam, the bitcoiner, not one of those weirdos that buys every random cryptocoin he can get his hands on  Tongue
adamstgBit
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
October 14, 2013, 10:22:46 PM
#32427
Quote from: theonewhowaskazu on October 14, 2013, 10:15:51 PM
Quote from: adamstgBit on October 14, 2013, 10:10:49 PM
i'm buying feathercoins  Grin

Lol. I hope you're trolling (for your sake).
lol no

i'm buying feathercoins  

while i was buying, i wasn't watching bitcoin price

wow 150! lol bitcoin
theonewhowaskazu
sr. member
Activity: 448
Merit: 250
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
October 14, 2013, 10:15:51 PM
#32426
Quote from: adamstgBit on October 14, 2013, 10:10:49 PM
i'm buying feathercoins  Grin

Lol. I hope you're trolling (for your sake).
derpinheimer
legendary
Activity: 896
Merit: 1000
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
October 14, 2013, 10:12:33 PM
#32425
Quote from: adamstgBit on October 14, 2013, 10:10:49 PM
i'm buying feathercoins  Grin

That reminds me, what happened to that exchange with PPCoin and Worldcoin and a bunch of other random ones? 
adamstgBit
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
October 14, 2013, 10:10:49 PM
#32424
i'm buying feathercoins  Grin
ChartBuddy
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
October 14, 2013, 10:02:16 PM
#32423
theonewhowaskazu
sr. member
Activity: 448
Merit: 250
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
October 14, 2013, 09:50:27 PM
#32422
My chances of being able to purchase another 100 BTC now == 0. Sad

I guess I'm back to earning my BTC the 'hard way': Actually doing work, not just draining my checking account each day with Coinbase.
JimboToronto
legendary
Activity: 4158
Merit: 4811
You're never too old to think young.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
October 14, 2013, 09:19:17 PM
#32421
Quote from: DougTanner on October 14, 2013, 08:52:16 PM
I go away for the weekend (Canadian Thanksgiving) and this is what happens?? 
Happy Thanksgiving.

No internet? Pity. Last night was fun. Seemed to take forever to hit 150, but when it finally did it went with a bang.

Cheers.
ChartBuddy
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
October 14, 2013, 09:02:23 PM
#32420
DougTanner
sr. member
Activity: 280
Merit: 250
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
October 14, 2013, 08:52:16 PM
#32419
I go away for the weekend (Canadian Thanksgiving) and this is what happens??  Shocked

hlynur
hero member
Activity: 770
Merit: 501
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
October 14, 2013, 08:20:26 PM
#32418
don't want to interrupt the discussion...
but ohlala, btcchina with personal second largest daily volume of all times.
this looks promising, chartbuddy could need an asian companion at some point in the future


china finally fed up with chewing dollars over and over?  Cheesy

derpinheimer
legendary
Activity: 896
Merit: 1000
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
October 14, 2013, 08:12:40 PM
#32417
Quote from: Sword Smith on October 14, 2013, 06:51:10 PM
Quote from: derpinheimer on October 14, 2013, 06:46:21 PM
Quote from: Sword Smith on October 14, 2013, 06:29:20 PM
Quote from: derpinheimer on October 14, 2013, 06:24:03 PM
Quote from: Sword Smith on October 14, 2013, 05:46:58 PM
Quote from: derpinheimer on October 14, 2013, 05:42:34 PM
Quote from: Sword Smith on October 14, 2013, 05:40:35 PM
Quote from: derpinheimer on October 14, 2013, 05:38:05 PM
Quote from: Sword Smith on October 14, 2013, 05:34:43 PM
Quote from: byronbb on October 14, 2013, 05:31:03 PM
The SR sell-off was pretty insane imo. The market showed its hand there and the bull is on the loose.
Indeed. The rebound is a very strong signal both fundamentally and technically imo. Fundamentally because it shows that the value of bitcoins is not dependent on one single merchant or website. Technically because it mimics the behavior of the price in the march/april price rise.

I disagree. Its a mix of Gox and Bitstamp trying to be market leaders, but Gox just has a bit more pull. The fact that you cant withdraw -> price decreases can only be short term -> bitstamp follows, interprets as healthy market.

Think about it. How can Gox price possibly go down? The only way is to sell to buy back for less. The fact it went thru $110 is pretty incredible. Why has the price gone up, now? Because idle money entered the market [low placed bids] while those who sold are now taking losses and buying back in.
If you want to withdraw go to localbitcoins.com and sell your bitcoins there via bank transfers or cash sells. If you live in Europe, you can also do it here:
siriusmoney.com


...Did you even read what you wrote? That involves BUYING. Since gox is leader, that is going to be bullish. Plus, good luck selling >100 coins at a reasonable loss on LBC.
Previously you could see the buying and selling prices of localbitcoins.com on bitcoinity.org - can't find it now, though. That graph should answer your hypothesis, though, since the market would reflect it, if mtgox' price was unrealistically high. I do, actually, often sell bitcoins below the mtgox price. So my conclusion is that mtgox' price might be a bit high and that Bitstamp sets the price here in Europe but if mtgox was way off the rest of the market, this would show up on localbitcoins.com.

Localbitcoin prices are completely random and vary +/-50% from current market prices. Volume is very low.
I found the information I was looking for. The Local Bitcoin weighted average price is not random at all even though it has a large variation. And you cannot buy bitcoins for anything cheaper than 96 euros anywhere in the world and that is only 3 % below the Bitstamp price. If you were correct in that the mtgox and Bitstamp price were unrealistically high, the Local Bitcoin price would be significantly lower:
http://bitcoinity.org/markets/localbitcoins/EUR

7d low: 73
7d hi: 125

USD:

7d low: 88
7d hi: 224

lolk. Why would you expect an OTC site to be anything more than a mirror of the main exchanges? The volume is awful. People dont panic buy or sell there. And if you want to get nitpicky, the prices there have barely increased despite the rally of the past hours.
Do you understand the concept of variance or averages? In my opinion, the concept of equilibrium and arbitrage disproves your theory about price manipulation. And the volume that it shows is only for euro denominated trades and does not include USD denominated trades etc.

One of these exchanges is relevant; one is not:



One happens to be LBTC, one happens to be MtGox. Take a guess. Not sure where you find the average price there, but still, its volume is awful, It should be expected to have a slight premium over other exchanges.
ChartBuddy
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
October 14, 2013, 08:02:18 PM
#32416
Sword Smith
sr. member
Activity: 406
Merit: 286
Neptune, Scalable Privacy
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
October 14, 2013, 06:51:10 PM
#32415
Quote from: derpinheimer on October 14, 2013, 06:46:21 PM
Quote from: Sword Smith on October 14, 2013, 06:29:20 PM
Quote from: derpinheimer on October 14, 2013, 06:24:03 PM
Quote from: Sword Smith on October 14, 2013, 05:46:58 PM
Quote from: derpinheimer on October 14, 2013, 05:42:34 PM
Quote from: Sword Smith on October 14, 2013, 05:40:35 PM
Quote from: derpinheimer on October 14, 2013, 05:38:05 PM
Quote from: Sword Smith on October 14, 2013, 05:34:43 PM
Quote from: byronbb on October 14, 2013, 05:31:03 PM
The SR sell-off was pretty insane imo. The market showed its hand there and the bull is on the loose.
Indeed. The rebound is a very strong signal both fundamentally and technically imo. Fundamentally because it shows that the value of bitcoins is not dependent on one single merchant or website. Technically because it mimics the behavior of the price in the march/april price rise.

I disagree. Its a mix of Gox and Bitstamp trying to be market leaders, but Gox just has a bit more pull. The fact that you cant withdraw -> price decreases can only be short term -> bitstamp follows, interprets as healthy market.

Think about it. How can Gox price possibly go down? The only way is to sell to buy back for less. The fact it went thru $110 is pretty incredible. Why has the price gone up, now? Because idle money entered the market [low placed bids] while those who sold are now taking losses and buying back in.
If you want to withdraw go to localbitcoins.com and sell your bitcoins there via bank transfers or cash sells. If you live in Europe, you can also do it here:
siriusmoney.com


...Did you even read what you wrote? That involves BUYING. Since gox is leader, that is going to be bullish. Plus, good luck selling >100 coins at a reasonable loss on LBC.
Previously you could see the buying and selling prices of localbitcoins.com on bitcoinity.org - can't find it now, though. That graph should answer your hypothesis, though, since the market would reflect it, if mtgox' price was unrealistically high. I do, actually, often sell bitcoins below the mtgox price. So my conclusion is that mtgox' price might be a bit high and that Bitstamp sets the price here in Europe but if mtgox was way off the rest of the market, this would show up on localbitcoins.com.

Localbitcoin prices are completely random and vary +/-50% from current market prices. Volume is very low.
I found the information I was looking for. The Local Bitcoin weighted average price is not random at all even though it has a large variation. And you cannot buy bitcoins for anything cheaper than 96 euros anywhere in the world and that is only 3 % below the Bitstamp price. If you were correct in that the mtgox and Bitstamp price were unrealistically high, the Local Bitcoin price would be significantly lower:
http://bitcoinity.org/markets/localbitcoins/EUR

7d low: 73
7d hi: 125

USD:

7d low: 88
7d hi: 224

lolk. Why would you expect an OTC site to be anything more than a mirror of the main exchanges? The volume is awful. People dont panic buy or sell there. And if you want to get nitpicky, the prices there have barely increased despite the rally of the past hours.
Do you understand the concept of variance or averages? In my opinion, the concept of equilibrium and arbitrage disproves your theory about price manipulation. And the volume that it shows is only for euro denominated trades and does not include USD denominated trades etc.
derpinheimer
legendary
Activity: 896
Merit: 1000
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
October 14, 2013, 06:46:21 PM
#32414
Quote from: Sword Smith on October 14, 2013, 06:29:20 PM
Quote from: derpinheimer on October 14, 2013, 06:24:03 PM
Quote from: Sword Smith on October 14, 2013, 05:46:58 PM
Quote from: derpinheimer on October 14, 2013, 05:42:34 PM
Quote from: Sword Smith on October 14, 2013, 05:40:35 PM
Quote from: derpinheimer on October 14, 2013, 05:38:05 PM
Quote from: Sword Smith on October 14, 2013, 05:34:43 PM
Quote from: byronbb on October 14, 2013, 05:31:03 PM
The SR sell-off was pretty insane imo. The market showed its hand there and the bull is on the loose.
Indeed. The rebound is a very strong signal both fundamentally and technically imo. Fundamentally because it shows that the value of bitcoins is not dependent on one single merchant or website. Technically because it mimics the behavior of the price in the march/april price rise.

I disagree. Its a mix of Gox and Bitstamp trying to be market leaders, but Gox just has a bit more pull. The fact that you cant withdraw -> price decreases can only be short term -> bitstamp follows, interprets as healthy market.

Think about it. How can Gox price possibly go down? The only way is to sell to buy back for less. The fact it went thru $110 is pretty incredible. Why has the price gone up, now? Because idle money entered the market [low placed bids] while those who sold are now taking losses and buying back in.
If you want to withdraw go to localbitcoins.com and sell your bitcoins there via bank transfers or cash sells. If you live in Europe, you can also do it here:
siriusmoney.com


...Did you even read what you wrote? That involves BUYING. Since gox is leader, that is going to be bullish. Plus, good luck selling >100 coins at a reasonable loss on LBC.
Previously you could see the buying and selling prices of localbitcoins.com on bitcoinity.org - can't find it now, though. That graph should answer your hypothesis, though, since the market would reflect it, if mtgox' price was unrealistically high. I do, actually, often sell bitcoins below the mtgox price. So my conclusion is that mtgox' price might be a bit high and that Bitstamp sets the price here in Europe but if mtgox was way off the rest of the market, this would show up on localbitcoins.com.

Localbitcoin prices are completely random and vary +/-50% from current market prices. Volume is very low.
I found the information I was looking for. The Local Bitcoin weighted average price is not random at all even though it has a large variation. And you cannot buy bitcoins for anything cheaper than 96 euros anywhere in the world and that is only 3 % below the Bitstamp price. If you were correct in that the mtgox and Bitstamp price were unrealistically high, the Local Bitcoin price would be significantly lower:
http://bitcoinity.org/markets/localbitcoins/EUR

7d low: 73
7d hi: 125

USD:

7d low: 88
7d hi: 224

lolk. Why would you expect an OTC site to be anything more than a mirror of the main exchanges? The volume is awful. People dont panic buy or sell there. And if you want to get nitpicky, the prices there have barely increased despite the rally of the past hours.
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