Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32682. (Read 26709945 times)
August 31, 2013, 03:02:02 PM
August 31, 2013, 02:56:39 PM
This is Bitstamps price- volume for the last year. ratio is only 100:1
August 31, 2013, 02:50:40 PM
I don't see the connection with $250.
Quote
For example 65 million difficulty gaining 75% per month for a year results in 50 billion difficulty. The electrical cost even at 1W/GH and $0.10 per kWh would >$250 per BTC.
This is actually pretty funny. The basis of a currency is how many resources must be wasted to make it. I like.
August 31, 2013, 02:48:47 PM
I don't see the connection with $250.
Quote
For example 65 million difficulty gaining 75% per month for a year results in 50 billion difficulty. The electrical cost even at 1W/GH and $0.10 per kWh would >$250 per BTC.
August 31, 2013, 02:32:41 PM
I don't see the connection with $250.
August 31, 2013, 02:29:27 PM
Bitcoin price and Volume for the last year at a 1000 to 1 ratio and the volume is smoothed with 10 day average price.
On average the last 40 days fewer bitcoins changed hands than before the spike. Not sure if this is a good development.
Do you mean "MtGox" volume and price?
The other exchanges are irrelevant. They have laughable depth and are used primarily to cash out, which itself is problematic for the big whales because cashing out on these joke exchanges would cause massive slippage. So the whales are stuck with bitcoin. While the bitcoiner fanatics reason we are going through a period where people are buying for "investment" purposes. This is so hilarious. So much delusions.
Meanwhile, ask depth continues to vanish on gox... Massively profitable arb opportunity has been around for over a month, but so few are taking advantage of it so therefore spread won't close.... Gee i wonder why they don't want fiat on gox.
lol, this crash gonna be so hilarious.
August 31, 2013, 02:28:14 PM
Up to $250 per BTC
https://bitcointalk.org/index.php?topic=283820.0;all
https://bitcointalk.org/index.php?topic=283820.0;all
August 31, 2013, 02:23:15 PM
Quote
Do you mean "MtGox" volume and price?
yes August 31, 2013, 02:22:54 PM
this is going to get fugly
August 31, 2013, 02:16:32 PM
Bitcoin price and Volume for the last year at a 1000 to 1 ratio and the volume is smoothed with 10 day average price.
On average the last 40 days fewer bitcoins changed hands than before the spike, price pointing the other way. Not sure if this is a good development.
On average the last 40 days fewer bitcoins changed hands than before the spike, price pointing the other way. Not sure if this is a good development.
August 31, 2013, 02:01:52 PM
August 31, 2013, 01:50:14 PM
Sitarow,
that is info-overload and hurts my eyes. Terrible charting, just terrible
that is info-overload and hurts my eyes. Terrible charting, just terrible
oh you get used to it
It's all in the details. And that is just 1 screen.
August 31, 2013, 01:47:15 PM
Interesting isn't the word... Who'd have thunk numbers could be so exciting!
August 31, 2013, 01:33:07 PM
$6000 arb between gox and virtex.........
this is because i am currently locked out of my account at virtex... my cat killed the wire to charge my tablet and i have 2 factor Auth...
stupid cat, costing me such a good opportunity...
What kind of cable? You cannot go out and buy a replacement?
I ordered one, Its on its way here.
August 31, 2013, 01:29:54 PM
$6000 arb between gox and virtex.........
this is because i am currently locked out of my account at virtex... my cat killed the wire to charge my tablet and i have 2 factor Auth...
stupid cat, costing me such a good opportunity...
What kind of cable? You cannot go out and buy a replacement?
August 31, 2013, 01:29:14 PM
Only 8 days in the history of bitcoin has it been possible to buy at a higher price then now.
No, its always been possible to buy at a higher price. Though not very smart.
Only 8 days in the history of bitcoin has it been possible to sell at a higher price than now.
August 31, 2013, 01:26:46 PM
Only 8 days in the history of bitcoin has it been possible to buy at a higher price then now.
Yeah, this is really striking info. I hope it will end better than the last time.
August 31, 2013, 01:24:32 PM
$6000 arb between gox and virtex.........
this is because i am currently locked out of my account at virtex... my cat killed the wire to charge my tablet and i have 2 factor Auth...
stupid cat, costing me such a good opportunity...
August 31, 2013, 01:20:49 PM
August 31, 2013, 01:19:32 PM
Only 8 days in the history of bitcoin has it been possible to buy at a higher price then now.
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