Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33223.

crazy_rabbit

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RUM AND CARROTS: A PIRATE LIFE FOR ME

Quote from: gizmoh on May 25, 2013, 02:16:12 AM

Quote from: fitty on May 25, 2013, 01:17:31 AM

Quote from: solex on May 25, 2013, 01:15:01 AM

Quote from: fitty on May 25, 2013, 12:40:50 AM

Well, that sorta sucks. Looks like Liberty Reserve was shutdown today.

Costa Rican arrested in Spain for alleged financial crimes

Article seems a little iffy, but http://www.libertyreserve.com/ does appear to be down.

The obvious question now: what are LR users going to transact with instead?

And how many people had money sitting on LR. Seems like a fairly big deal. Without Dwolla, I'd imagine LR was a fairly big chunk of Gox deposits. Surprised no one is talking about this, they were down all day Friday. Maybe not that many people used LR.

Wow this is HUGE big shitz, LR is a gigantic washing machine with millions transiting, many exchange business that deals with LR also do bitcoin, like Aurumxchange. Expect big Losses due to this shutdown for whole digital currency community.

Well BTC is Monopoly now , heck i'm turning ubber bull, i'm holding btc for long, to hell with short term trading.

Well, the more these centralised money transfer things get shut down the better it is for Bitcoin. What we need long term is exchanges in every country that are properly licensed. I don't think it's a loss if we loose these quasi-money services like liberty reserve. Fiat->Bitcoin->Fiat->Bitcoin. Until there is only bitcoin left. :-)

ChartBuddy

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ChartBuddy

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gizmoh

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Quote from: fitty on May 25, 2013, 01:17:31 AM

Quote from: solex on May 25, 2013, 01:15:01 AM

Quote from: fitty on May 25, 2013, 12:40:50 AM

Well, that sorta sucks. Looks like Liberty Reserve was shutdown today.

Costa Rican arrested in Spain for alleged financial crimes

Article seems a little iffy, but http://www.libertyreserve.com/ does appear to be down.

The obvious question now: what are LR users going to transact with instead?

And how many people had money sitting on LR. Seems like a fairly big deal. Without Dwolla, I'd imagine LR was a fairly big chunk of Gox deposits. Surprised no one is talking about this, they were down all day Friday. Maybe not that many people used LR.

Wow this is HUGE big shitz, LR is a gigantic washing machine with millions transiting, many exchange business that deals with LR also do bitcoin, like Aurumxchange. Expect big Losses due to this shutdown for whole digital currency community.

Well BTC is Monopoly now , heck i'm turning ubber bull, i'm holding btc for long, to hell with short term trading.

dwdoc

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- - -Caveat Aleo- - -

Significant resistance at 133. Looks like we may be stuck here for awhile...

ChartBuddy

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420

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som bitch..........

I hope local bitcoins nodes are building up; this seems to be more the way bitcoins will be traded...

keewee

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Quote from: fitty on May 25, 2013, 12:40:50 AM

Well, that sorta sucks. Looks like Liberty Reserve was shutdown today.

Costa Rican arrested in Spain for alleged financial crimes

Article seems a little iffy, but http://www.libertyreserve.com/ does appear to be down.

So much for "liberty" Undecided

01BTC10

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Quote from: fitty on May 25, 2013, 12:40:50 AM

Well, that sorta sucks. Looks like Liberty Reserve was shutdown today.

Costa Rican arrested in Spain for alleged financial crimes

Article seems a little iffy, but http://www.libertyreserve.com/ does appear to be down.

Sick news. Good for BTC.

fitty

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CryptoTalk.Org - Get Paid for every Post!

Quote from: solex on May 25, 2013, 01:15:01 AM

Quote from: fitty on May 25, 2013, 12:40:50 AM

Well, that sorta sucks. Looks like Liberty Reserve was shutdown today.

Costa Rican arrested in Spain for alleged financial crimes

Article seems a little iffy, but http://www.libertyreserve.com/ does appear to be down.

The obvious question now: what are LR users going to transact with instead?

And how many people had money sitting on LR. Seems like a fairly big deal. Without Dwolla, I'd imagine LR was a fairly big chunk of Gox deposits. Surprised no one is talking about this, they were down all day Friday. Maybe not that many people used LR.

420

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Quote from: KillaMarci on May 24, 2013, 03:29:59 PM

As soon as there's a slight drop on Gox, Bitstamp absolutely shits itself. But when there's a big rise then Bitstamp just doesnt care.

Huh

always easier to get bitcoin on there than fiat

solex

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100 satoshis -> ISO code

Quote from: fitty on May 25, 2013, 12:40:50 AM

Well, that sorta sucks. Looks like Liberty Reserve was shutdown today.

Costa Rican arrested in Spain for alleged financial crimes

Article seems a little iffy, but http://www.libertyreserve.com/ does appear to be down.

The obvious question now: what are LR users going to transact with instead?

ChartBuddy

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fitty

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Well, that sorta sucks. Looks like Liberty Reserve was shutdown today.

Costa Rican arrested in Spain for alleged financial crimes

Article seems a little iffy, but http://www.libertyreserve.com/ does appear to be down.

ChartBuddy

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bito

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Quote from: kiko on May 24, 2013, 06:49:19 AM

Quote from: bito on May 23, 2013, 08:57:33 PM

Quote from: kiko on May 23, 2013, 12:06:32 PM

Quote from: moocowpong1 on May 23, 2013, 10:13:55 AM

Quote from: kiko on May 23, 2013, 09:32:48 AM

Agreed, moonshot bids for $20 coins don't really count. I keep meaning to create an index that divides each bid/ask by the % distance from the current MMR. I think it would be much more insightful. I just can't square the maths to adjust for the fact that bids only differ by 100% but asks can be many 1000% higher. Anyone know how to properly adjust for that?

Simple, just base it on the logarithm of the price.

Thanks, but I think I've got it now. It's simpler than that.

One re-bases the order book so MMR is 1. lets call it $125. A $100 dollar bid at $10 dollars gets weighted by 0.08. An equally weighted ask of $100 would be priced at $1562 (the price at which current MMR represents only 8%.)

So who do I need to beg for historical daily snapshots of the full depth API?

https://bitcointalksearch.org/topic/mtgox-usd-depth-historic-data-for-your-pleasure-88054

I'll pitch in half the 200btm if you share it with me.

Bingo. Thanks. I almost missed that reply. I'll get in touch with the dude after some tests on the old data.

As an aside; I can't help but feel I'm re-inventing the wheel here though. Brokers have had Level 2 data for years, why don't we have common TA indicators for depth like we do for Volume and Price. Am I missing something? Is this kind of thing common in CFA textbooks?

I suspect that brokers have exclusive access to certain information(s) in traditional markets, such as live changes to the order book. So my guess is that there is quite a lot of reinventing of the wheel by competing brokers, because this elitist group are all in competition with each other and there's no incentive to share.

Quote from: BitcoinAshley on May 24, 2013, 03:39:59 PM

NIKKEI wall observer thread Grin

edit: I agree with Miz4r. NIKKEI 225 is not bitcoin, niothor. 7% swings are not routine; in fact, they are quite alarming in the current market environment. Bitcoin behaves like a penny stock so it's OK to pass off huge swings by saying "Oh it's still higher than it was a month ago." The NIKKEI is what we call a "real world market" with "big boys" and "real companies" and "real exchanges that don't suck" Wink

Not as simple as just ignoring a 7% dump like we can do with bitcoin.

I've often thought about how much brokers in traditional markets are applying their TA to BTC. Probably not too much ATM. I can't say I dislike BitcoinAshley's description of BTC as a penny stock! We're very much in the infancy of BTC.

ChartBuddy

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ChartBuddy

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Miz4r

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Quote from: Frozenlock on May 24, 2013, 09:19:51 PM

Quote from: Miz4r on May 24, 2013, 09:18:20 PM

Although I'm a huge bull and all in, I don't think the value of bitcoin should be rising that fast. The infrastructure just isn't ready for it and new hyperbolic growth will only attract the wrong crowd of people who think they can get rich fast and don't really care about bitcoin itself. Slow and steady growth would be best for long term holders and for bitcoin.

I agree. We should go back to $20 then. Grin

No I'd rather not see trolls like Jaroslaw get their filthy hands on cheap coins. Tongue

Frozenlock

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Quote from: Miz4r on May 24, 2013, 09:18:20 PM

Although I'm a huge bull and all in, I don't think the value of bitcoin should be rising that fast. The infrastructure just isn't ready for it and new hyperbolic growth will only attract the wrong crowd of people who think they can get rich fast and don't really care about bitcoin itself. Slow and steady growth would be best for long term holders and for bitcoin.

I agree. We should go back to $20 then. Grin

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33223. (Read 26464098 times)