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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32788. (Read 26634299 times)

full member
Activity: 168
Merit: 100
I still don't really have full faith in this rally - demand from SD buyout probably brought us back to 90-95, but I'm suspicious of the run up from 95 - 105.  Instead of the wild run up to 115 on mtgox after they suspend withdraw and people trying to get their money out mad by buying coins,  it's just a carefully orchestrated attempt slowly release trapped funds from mtgox.  The ask sum has been declining, volume on bitstamp up.

With labcoin, btcgarden, 796 and all these IPO's completed recently, there's probably selling pressure coming soon on bitstamp.

If these companies are actually worth what they IPO'd for, that means that they must accept payments of presumably more than what they IPO'd for, hopefully (at least, in theory) compensating for the increased supply of the IPO with increased demand.

So technically its still OK.
hero member
Activity: 756
Merit: 500
I still don't really have full faith in this rally - demand from SD buyout probably brought us back to 90-95, but I'm suspicious of the run up from 95 - 105.  Instead of the wild run up to 115 on mtgox after they suspend withdraw and people trying to get their money out mad by buying coins,  it's just a carefully orchestrated attempt slowly release trapped funds from mtgox.  The ask sum has been declining, volume on bitstamp up.

With labcoin, btcgarden, 796 and all these IPO's completed recently, there's probably selling pressure coming soon on bitstamp.
vip
Activity: 756
Merit: 503
I think one of the wall at 105 is pulled.
Half of it  Sad
hero member
Activity: 756
Merit: 500
I think one of the wall at 105 is pulled.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
newbie
Activity: 26
Merit: 0
Does avatrade offer BTC-denominated accounts like Broker1, or is all of it USD, and you can just buy BTC/USD cfds?

I think the latter.

Crap.

Why?

Because its crappy as hell. Like look at this and tell me, Wtf is this:

https://i.imgur.com/7CXKgBC.png

that's not a avatrade chart. I have been using them since they offered bitcoin trading, and I'm doing pretty well.
full member
Activity: 168
Merit: 100

Was looking fun there for a while but it has quickly reverted to pre-fun levels.

looks like someone is going to pull his trigger soon Smiley

anyway, i'm not sure what to make of the gap in the bid wave.
since the z axis is time, this would mean all bid orders below 105 disappeared for 5 minutes!?
can someone explain this to me?

Ithink the deal was they were higher, then they dropped, so it looks like a gap.
member
Activity: 112
Merit: 10

Was looking fun there for a while but it has quickly reverted to pre-fun levels.

looks like someone is going to pull his trigger soon Smiley

anyway, i'm not sure what to make of the gap in the bid wave.
since the z axis is time, this would mean all bid orders below 105 disappeared for 5 minutes!?
can someone explain this to me?
full member
Activity: 168
Merit: 100

Was looking fun there for a while but it has quickly reverted to pre-fun levels.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 378
Merit: 250
Born to chew bubble gum and kick ass
The indicators dont even work because their datapoints are crappy and it wont let me trade it with paper money. And it looks like they're polling gox every 2 minutes or something. Seriously you think they could do a little better than this. Oh yea and they have like 1.2% spreads, and charge 6% interest on margin for each DAY.

Here I am excited that ill be able to use the mt4 im so used to trading with for Bitcoin, and the chart turns out entirely butchered to the point of indicators not even being reliable, and these gigantic interest rates that essentially say "If you hold this overnight, you're entirely screwed."

Now you made some valid points (if they are true). Let's see if Avatrade addresses them. If I understand it correctly Ava started Bitcoin CFD yesterday. I would give them a month or two to fix their issues.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 168
Merit: 100
The indicators dont even work because their datapoints are crappy and it wont let me trade it with paper money. And it looks like they're polling gox every 2 minutes or something. Seriously you think they could do a little better than this. Oh yea and they have like 1.2% spreads, and charge 6% interest on margin for each DAY.

Here I am excited that ill be able to use the mt4 im so used to trading with for Bitcoin, and the chart turns out entirely butchered to the point of indicators not even being reliable, and these gigantic interest rates that essentially say "If you hold this overnight, you're entirely screwed."
sr. member
Activity: 378
Merit: 250
Born to chew bubble gum and kick ass
Because its crappy as hell.

It is crap because it is crappy? That sounds circular to me (proving thesis with thesis itself).

Like look at this and tell me, Wtf is this:

I don't know what it is.
full member
Activity: 168
Merit: 100
Does avatrade offer BTC-denominated accounts like Broker1, or is all of it USD, and you can just buy BTC/USD cfds?

I think the latter.

Crap.

Why?

Because its crappy as hell. Like look at this and tell me, Wtf is this:

sr. member
Activity: 378
Merit: 250
Born to chew bubble gum and kick ass
Does avatrade offer BTC-denominated accounts like Broker1, or is all of it USD, and you can just buy BTC/USD cfds?

I think the latter.

Crap.

Why?
full member
Activity: 168
Merit: 100
Does avatrade offer BTC-denominated accounts like Broker1, or is all of it USD, and you can just buy BTC/USD cfds?

I think the latter.

Crap.
sr. member
Activity: 378
Merit: 250
Born to chew bubble gum and kick ass
Does avatrade offer BTC-denominated accounts like Broker1, or is all of it USD, and you can just buy BTC/USD cfds?

I think the latter.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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