Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32209. (Read 26712938 times)

Gox + Stamps + BTC-china  = about 13k coins...

your comparing volume from a crazy crash when gox was 90% of the market, to today.

no.

I see it as a singularity actually -- perhaps not in the physics sense but as a singular event.  Ignoring the momentary drops into the 50s and 60s, an investment when it was priced USD 5-10  (or .05 to 1 for the even earlier adopters) is worth 25 - 50x the investment after.  For anyone who made a non-trivial investment, it will be the largest share of their holdings no matter how much fiat is put in now.

Same thing now.  For anyone who bought in the flat around $100 or buys up to about 500 -- that's going to be their main holdings when we hit 1000, 5 or 10k.


WRT moving up so fast, it really IS different this time.  The engine is firing on more cylinders -- USA, Europe, Asia.  I feel that the last "bubble" was mostly driven by USA.  Of course Europe was a major player but rallies occurred during USA day time (mostly).  In contrast this 65+ rally seemed to be USA, 130+ rally was pulled by Asia, but now the Second Market fund, Canada ATM news, etc is also driving the exchanges up 24 hrs a day.  Note how major psychological barriers are just blown through -- for every barrier 1500, 2000 CNY, 200,250,300USD, 200EU, there are 2 other currencies where that level is irrelevant.

Africa, India, and much of South America are still missing.  They will be instrumental for the next one...

The question is, "will this difference translate into a sustainable rally at these rates?"  I think the answer is that it will be sustainable at higher rates, but of course in the end there will be a blow-off.  There always is.  Personally, I'm hoping for a daily-pullback today, I think we need one...

But think on this: Has there EVER been something that hit its exponential adoption curve simultaneously worldwide before?



 

Mtgox and BtcChina neck to neck who can fly higher

Haha who? You can't withdraw money

MtGox pulled bitcoin a brilliant act by cutting down withdrawal ability, basicly forcing only money IN and NO money OUT

Thank MtGox for making us filthy rich

I've got a feel someone is about to take a sledgehammer to asks on Gox.

This is really interesting

They were looking at the wrong graphs.

The combination of more markets than just Gox combined with the fact that coins are more expensive = fewer total number of coins being traded on Gox. It's really that obvious.

All three exchanges at new ATH.

Let's look at Bitstamp instead and you get a different picture.

Keep a look at China... Almost 2100...

Yeah right.

Should be compensated by the "huge" inflow of fresh fiat, innit? It's still larger than Bitstamp.

Well this thread is certainly alive again...

If you have a margin position, there are times you need to sell otherwise you will be liquidated.

and also this.

 

cuz thats gox losing market share.

go look at BTC china or any other exchange