Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32270. (Read 26474124 times)
September 24, 2013, 05:54:55 PM
September 24, 2013, 05:43:39 PM
Bitcoin is dead.
-Walsietzsche
-Walsietzsche
No, it is frozen until gox either goes insolvent or pays withdrawals.
No withdrawal --> no big sells incoming.
also no deposits --> no big buys.
bitstamp is not big enough to make action.
September 24, 2013, 05:38:42 PM
awww, aggro kitty is totes adorbs!!!
September 24, 2013, 05:35:04 PM
Back above the monthly average - at last. Walls? No walls.
September 24, 2013, 05:33:49 PM
September 24, 2013, 04:19:12 PM
I'm looking at weekly volume on mtGox (in BTC)
Last week it has been the week with the lowest volume since the week of Jun 20 2011. And that was the week with the hack and mtGox being offline for 4.5 days. LOL.
Last week it has been the week with the lowest volume since the week of Jun 20 2011. And that was the week with the hack and mtGox being offline for 4.5 days. LOL.
Low volume is a good set up for a breakout, no?
In bitcoin (and virtually every speculative market) low volume with stagnant or slowly rising price almost always means heavy manipulation. Breakout? Depends on what the whales are plotting.
The whales won't plot to sell on a dysfunctional brokerage firm, big holders unwilling to sell on Gox, diminishing coins available on orderbook equals higher prices, manipulation on a flawed market is not really manipulation..
Low volume means low fees and less income for Gox.
September 24, 2013, 03:24:45 PM
I'm looking at weekly volume on mtGox (in BTC)
Last week it has been the week with the lowest volume since the week of Jun 20 2011. And that was the week with the hack and mtGox being offline for 4.5 days. LOL.
Last week it has been the week with the lowest volume since the week of Jun 20 2011. And that was the week with the hack and mtGox being offline for 4.5 days. LOL.
Low volume is a good set up for a breakout, no?
In bitcoin (and virtually every speculative market) low volume with stagnant or slowly rising price almost always means heavy manipulation. Breakout? Depends on what the whales are plotting.
September 24, 2013, 03:19:37 PM
Bitcoin is dead.
-Walsietzsche
-Walsietzsche
September 24, 2013, 03:16:23 PM
Well it is essentially dysfunctional. If it's down or works as a bucket shop doesn't really matter apparantly.
September 24, 2013, 03:12:20 PM
I'm looking at weekly volume on mtGox (in BTC)
Last week it has been the week with the lowest volume since the week of Jun 20 2011. And that was the week with the hack and mtGox being offline for 4.5 days. LOL.
Last week it has been the week with the lowest volume since the week of Jun 20 2011. And that was the week with the hack and mtGox being offline for 4.5 days. LOL.
Low volume is a good set up for a breakout, no?
September 24, 2013, 03:04:12 PM
I'm looking at weekly volume on mtGox (in BTC)
Last week it has been the week with the lowest volume since the week of Jun 20 2011. And that was the week with the hack and mtGox being offline for 4.5 days. LOL.
Last week it has been the week with the lowest volume since the week of Jun 20 2011. And that was the week with the hack and mtGox being offline for 4.5 days. LOL.
September 24, 2013, 02:56:09 PM
wtf girls and guys, is 123 the new 5?
I was thinking about the same today.
Furthermore, from 5 it went only higher.
September 24, 2013, 02:54:44 PM
I just bought into an RESP, for my younger son. and the 45-50 year old lady selling me the RESP, had heard of bitcoin. We fill out some forums and talk about bitcoin a bit here and there. I tell her bitcoin is the future and she looks at me like 
, and says i believe it!, turns out her husband is into investing and that how she heard about bitcoin, but still hasn't bought any, mostly because they are not sure how, lol. I gave her one of my general purpose biz card with cavirtex.com on the back and told her to buy buy buy! 
just thought i'd share that
, and says i believe it!, turns out her husband is into investing and that how she heard about bitcoin, but still hasn't bought any, mostly because they are not sure how, lol. I gave her one of my general purpose biz card with cavirtex.com on the back and told her to buy buy buy! just thought i'd share that
September 24, 2013, 02:53:08 PM
wtf girls and guys, is 123 the new 5?
I don't know. What I do know is that this thread has completely degenerated off topic.
I've always seen this thread as kind of a lounge. Doesn't fulfill that purpose any more, either.
September 24, 2013, 02:44:18 PM
wtf girls and guys, is 123 the new 5?
I don't know. What I do know is that this thread has completely degenerated off topic.
September 24, 2013, 02:33:02 PM
wtf girls and guys, is 123 the new 5?
September 24, 2013, 10:10:25 AM
Volume is awful low 
Learned in this thread that it is actually not on the other side of the world https://bitcointalksearch.org/topic/m.3213814 .
Check out this stie http://btckan.com/price .
It's a pity that neither bitcoincharts nor any other popular western site has those exchanges listed.
September 24, 2013, 10:02:26 AM
Volume is awful low
September 24, 2013, 08:05:09 AM
For one thing, it's teaching righties about the efficacy of syndicalist systems.
You mean, after reading an article about bitcoin republicans are joining trade-unions?I thought most true Republicans were for small, limited govt which would imply support for the use of private associations, or syndicates or cartels, for the governance of trade and commerce.
But then again the party has been infiltrated by corporatists who love helping big industry suck from the govt tit. Our grandfathers are rolling over in their graves.
September 24, 2013, 07:48:59 AM
on a side note totally unrelated to the talks in this thread about infiltrating the Austrian school...
does btc-tc closing have an impact price and btc speculative supply? or is this a non event?
does btc-tc closing have an impact price and btc speculative supply? or is this a non event?
Most people who invest in btc securities are probably investing bitcoins they're already hoarding. And most of them are keeping their shares instead of panic selling.
Most investors probably aren't looking to get out of bitcoin just because a securities exchange is winding down. There are alternatives, and most issuers have already assured their investors that a transition will be made.
Overall I don't think it will have any impact. I don't think Btc-tc was a huge part of the bitcoin economy, and like I said, most people are holding. I don't actually have any numbers, though, so I'm kinda just talking out my ass. If anyone else has some insight I'd love to hear it.
I think you are correct. Investing was seen as a means of "cold storage with benefits" more than anything.
None of those people are thinking about cashing out, except back into cold wallets, definitely not USD.
That is pretty much as I thought, glad people seem to agree on this.
I think a few panic sold, but that was just the typical knee jerk reaction coming from the day trading set. But I have not looked at the price charts again, so it will be good to at least track this over the next week to see what the leakage is.
I wonder if this is creating new arbitrage opportunities between stock exchange markets and how efficient the markets are to find a balance.
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