Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32488. (Read 26609764 times)

hero member
Activity: 686
Merit: 500
Ultranode
Price will increase until we hit 40k ask sum on Gox (currently around 50k). Then we stagnate for a bit, probably followed by slow decline. Small possibility of a mini rocket to 180-200ish if we go under 40k. Turbo crash if we touch 20k.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
Wondering if we are really about to launch again.  I would prefer a crash prior to another huge launch to be honest.

Crash is so last week.

Looks that way.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
Wondering if we are really about to launch again.  I would prefer a crash prior to another huge launch to be honest (I want more cheap coins first  Wink ).
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2478
Merit: 1362
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1834
Merit: 1019
^Especially those incorporated in HK
legendary
Activity: 1792
Merit: 1111
I had my doubts about btcchina with their trade volume and this only adds more

http://mm.btc123.com/btcchina.php , zoom to 100%

What's wrong with it?


Do you see the amounts?  with a total of 4000 bitcoins for sale and bids for 10 000 (and this includes the ask and bids at 4x or 0.25 the value) , how can it even dream of a volume of 15k/day?

Hm.
The Chinese banking system is pretty fast. You don't need to have your money sitting around on the exchange waiting.
Bitcoin is any ways.

Btcchina seams pretty legit to me, sold there myself already. Can't say that for the other Chinese exchanges.  

I know it's legit , I know somebody who used them but that doesn't mean the numbers on their trading volume is real.
Of course there can be bots doing this volume with the 0 fees but still , the market depth is not convincing.

You can't compare apple (Western exchanges) with orange (Chinese exchanges) Just C&P from another thread:

Another point most of you do not aware is that Chinese BTC exchanges have the best integration with fiat transfer system. Transferring fiat in and out is the biggest headache for many bitcoin exchanges (see MtGox). In China, however, it is completely painless. Taking btcchina, the biggest exchange as example. Users can transfer fiat from any major Chinese bank to the exchange instantly with zero fee. Therefore, depositing BTC is literally faster than depositing bitcoin.

To withdraw, only 0.5% is deducted and in most cases it will arrive in 24 hours. No daily limit. No AML or KYC. All you need are accounts of any major Chinese bank and Tenpay (the Chinese version of Paypal).

(However, this is China, which means the government policy could change overnight)

hero member
Activity: 826
Merit: 501
in defi we trust
I had my doubts about btcchina with their trade volume and this only adds more

http://mm.btc123.com/btcchina.php , zoom to 100%

What's wrong with it?


Do you see the amounts?  with a total of 4000 bitcoins for sale and bids for 10 000 (and this includes the ask and bids at 4x or 0.25 the value) , how can it even dream of a volume of 15k/day?

Hm.
The Chinese banking system is pretty fast. You don't need to have your money sitting around on the exchange waiting.
Bitcoin is any ways.

Btcchina seams pretty legit to me, sold there myself already. Can't say that for the other Chinese exchanges.  

I know it's legit , I know somebody who used them but that doesn't mean the numbers on their trading volume is real.
Of course there can be bots doing this volume with the 0 fees but still , the market depth is not convincing.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1600
Merit: 1014
I had my doubts about btcchina with their trade volume and this only adds more

http://mm.btc123.com/btcchina.php , zoom to 100%

What's wrong with it?


Do you see the amounts?  with a total of 4000 bitcoins for sale and bids for 10 000 (and this includes the ask and bids at 4x or 0.25 the value) , how can it even dream of a volume of 15k/day?

Hm.
The Chinese banking system is pretty fast. You don't need to have your money sitting around on the exchange waiting.
Bitcoin is any ways.

Btcchina seams pretty legit to me, sold there myself already. Can't say that for the other Chinese exchanges. 
hero member
Activity: 826
Merit: 501
in defi we trust
I had my doubts about btcchina with their trade volume and this only adds more

http://mm.btc123.com/btcchina.php , zoom to 100%

What's wrong with it?


Do you see the amounts?  with a total of 4000 bitcoins for sale and bids for 10 000 (and this includes the ask and bids at 4x or 0.25 the value) , how can it even dream of a volume of 15k/day?
legendary
Activity: 1600
Merit: 1014
I had my doubts about btcchina with their trade volume and this only adds more

http://mm.btc123.com/btcchina.php , zoom to 100%

What's wrong with it?
legendary
Activity: 1246
Merit: 1000
I had my doubts about btcchina with their trade volume and this only adds more

http://mm.btc123.com/btcchina.php , zoom to 100%

Looks legit to me. Market depth looks similar to Bitstamp only with less coins on the ask side. Bid side shows around $1.5M USD total which is very similar to bitstamp.
hero member
Activity: 826
Merit: 501
in defi we trust
I had my doubts about btcchina with their trade volume and this only adds more

http://mm.btc123.com/btcchina.php , zoom to 100%
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
Jump to: