Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33296.

Voodah

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Quote from: ft73 on June 20, 2013, 02:13:58 PM

Quote from: ShroomsKit on June 20, 2013, 02:09:29 PM

Quote from: Abandon on June 20, 2013, 02:08:02 PM

Quote from: ShroomsKit on June 20, 2013, 02:06:34 PM

Quote from: ft73 on June 20, 2013, 02:01:14 PM

-off-topic mode on-

Hint: https://btct.co/security/BASIC-MINING
today figures: https://bitcointalksearch.org/topic/m.2532580

Price already rose much today, but math is hinting up-to 2% dividend per share/week at current price.
You guess what would happen?

Ah ... tips here: 11NVfnzD1PRm7FzJwbBT3vP6KH2PwRTjU

-off-topic mode off-

Yeah, was about to buy some earlier today, figured the price already peaked and would go down again. Ofcourse i was wrong.
I can buy now but i can guarantee you the price will drop 1 minute after my buy.

I would have bought myself, but the shares are too expensive for me. Instead I went with DMS.

Too expensive based on what? Serious question as i'm considering buying.

Let's do a little math.
Daily dividend was 0.00013, weekly is 0.00093.
Hashrate is going to multiply roughly by 30x.
Current price is around 1.20.

30 x 0.00093 / 1.20 = 0,02325

theorically meaning 2,3% weekly dividend, paid daily.
Percentually it's about 3x / 4x latest AsicMiner dividend (i'm a shareholder too).
Still doubts?

Wait a sec now.. so you're saying they gonna pay over 100% annually?

Are these numbers correct?

Its About Sharing

legendary

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Antifragile

Quote from: crazy_rabbit on June 20, 2013, 03:53:22 PM

Quote from: Its About Sharing on June 20, 2013, 03:45:35 PM

Biggest disparity I have yet seen.

Bitstamp - $105.75
MtGox - $112.20

$6.45 difference, quite telling considering todays news.

I'm a former gox user and now a bitstamp user. To be honest- I trade on Bitstamp because I'm not interested in the drama at Gox and I'm not interested in squeezing every last satoshi of profit out of every price swing. I have a feeling a large number of Bitstamp users feel the same. We will buy and sell when the price suits our interests, but the low volume is just fine. While Gox is $6 above stamp, it feels ephemeral- I'm more convinced it's someone manipulating the market into people raising their buy orders, just to dump on them big time. It's like a cycle. I'm more then happy to sit at $6 below in exchange for a calmer market.

I was really addressing the "manipulation" of Gox (e.g. - Todays wire news) and nothing against Bitstamp. I use them. Wink

What do you feel about Bitstamp using a Slovenian Bank and the recent problems there? I think they got cash from a sale and we are ok for a few months at least, if not longer.

ChartBuddy

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crazy_rabbit

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RUM AND CARROTS: A PIRATE LIFE FOR ME

Quote from: Its About Sharing on June 20, 2013, 03:45:35 PM

Biggest disparity I have yet seen.

Bitstamp - $105.75
MtGox - $112.20

$6.45 difference, quite telling considering todays news.

I'm a former gox user and now a bitstamp user. To be honest- I trade on Bitstamp because I'm not interested in the drama at Gox and I'm not interested in squeezing every last satoshi of profit out of every price swing. I have a feeling a large number of Bitstamp users feel the same. We will buy and sell when the price suits our interests, but the low volume is just fine. While Gox is $6 above stamp, it feels ephemeral- I'm more convinced it's someone manipulating the market into people raising their buy orders, just to dump on them big time. It's like a cycle. I'm more then happy to sit at $6 below in exchange for a calmer market.

Miz4r

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Quote from: Its About Sharing on June 20, 2013, 03:45:35 PM

Biggest disparity I have yet seen.

Bitstamp - $105.75
MtGox - $112.20

$6.45 difference, quite telling considering todays news.

I've seen similar or larger differences after the dwolla issue.

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Quote from: Richy_T on June 20, 2013, 03:42:51 PM

Quote from: adamstgBit on June 20, 2013, 03:33:49 PM

their no question walls are used to manipulate people into buying or selling.
depending the the markets mood, a wall can push or pull the price toward or away from it.

Definitely. I think the way it's changing is more indicative than how it actually is. Shallow depth can mean to take less notice of price changes too. I think it might be possible to factor out some of the orders which are likely to be fake but that's more work than I can devote right now.

But, low volume on the wall is pretty true imo. Easy to pull orders of course, but not to lie about no interest.
I know it is "only" Bitstamp, but it won't take many sells to drop the price. I really wonder if that happened on Bitstamp how Gox would react.

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Biggest disparity I have yet seen.

Bitstamp - $105.75
MtGox - $112.20

$6.45 difference, quite telling considering todays news.

Richy_T

legendary

Activity: 2674

Merit: 2373

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: adamstgBit on June 20, 2013, 03:33:49 PM

their no question walls are used to manipulate people into buying or selling.
depending the the markets mood, a wall can push or pull the price toward or away from it.

Definitely. I think the way it's changing is more indicative than how it actually is. Shallow depth can mean to take less notice of price changes too. I think it might be possible to factor out some of the orders which are likely to be fake but that's more work than I can devote right now.

ft73

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Quote from: ShroomsKit on June 20, 2013, 03:06:53 PM

That's why i usually never buy based on someone else's "hints"

But it's ok, i wanted to buy anyway in this case.

I was genuinely willing to help.
However, you have a msg.

adamstgBit

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Trusted Bitcoiner

Quote from: Its About Sharing on June 20, 2013, 03:18:07 PM

Back to "The Wall" - I'm curious what some of you more experienced traders think about the value of market depth. For example, say what chart buddy is posting.

Those of you that rely on market depth, how much do you use it, relative to TA? I ask because Market Depth can be and clearly is at times, very manipulated. Yes, we are in the wall
thread, but I am really starting to wonder how much attention to give what chart buddy is posting relative to just looking at the charts. Perhaps I just need to weigh one relative to the
other a bit better. Even with TA, BTC is a different animal...

IAS

their no question walls are used to manipulate people into buying or selling.
depending the the markets mood, a wall can push or pull the price toward or away from it.

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Back to "The Wall" - I'm curious what some of you more experienced traders think about the value of market depth. For example, say what chart buddy is posting.

Those of you that rely on market depth, how much do you use it, relative to TA? I ask because Market Depth can be and clearly is at times, very manipulated. Yes, we are in the wall
thread, but I am really starting to wonder how much attention to give what chart buddy is posting relative to just looking at the charts. Perhaps I just need to weigh one relative to the
other a bit better. Even with TA, BTC is a different animal...

IAS

byronbb

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HODL OR DIE

Quote from: dexX7 on June 20, 2013, 02:56:11 PM

ASICMINER thought me one thing: if it reaches a new level, it seems to stay there. 0.80, 1.25, 2.50 and now 2.85.

I'm very sad I didn't buy bASIC after reading the "news" or on the rise, but you'll never know where the top is, before you reach it. It yet has to show it's "no bubble" like AM. Fundamentals looking good though. But it's very nice to see more volume altogether. Share trading is fun, it's like getting double gain due to BTC/USD + BTC/share on top. Wink

Where do you trade these? And is this graph from there?

ShroomsKit

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Quote from: ft73 on June 20, 2013, 03:03:57 PM

Quote from: dexX7 on June 20, 2013, 02:56:11 PM

ASICMINER thought me one thing: if it reaches a new level, it seems to stay there. 0.80, 1.25, 2.50 and now 2.85.

I'm very sad I didn't buy bASIC after reading the "news" or on the rise, but you'll never know where the top is, before you reach it. It yet has to show it's "no bubble" like AM. Fundamentals looking good though. But it's very nice to see more volume altogether. Share trading is fun, it's like getting double gain due to BTC/USD + BTC/share on top. Wink

EDIT: just a correction about bAsic, i've seen some explanations here: https://bitcointalksearch.org/topic/m.2533488
a big part of past dividends was composed by ASICMiner shares dividends, so in short the step up won't be 30x.
I'm holding, i think it's still a good investment at current price.

That's why i usually never buy based on someone else's "hints"

But it's ok, i wanted to buy anyway in this case.

ft73

hero member

Activity: 564

Merit: 508

Quote from: dexX7 on June 20, 2013, 02:56:11 PM

ASICMINER thought me one thing: if it reaches a new level, it seems to stay there. 0.80, 1.25, 2.50 and now 2.85.

I'm very sad I didn't buy bASIC after reading the "news" or on the rise, but you'll never know where the top is, before you reach it. It yet has to show it's "no bubble" like AM. Fundamentals looking good though. But it's very nice to see more volume altogether. Share trading is fun, it's like getting double gain due to BTC/USD + BTC/share on top. Wink

EDIT: just a correction about bAsic, i've seen some explanations here: https://bitcointalksearch.org/topic/m.2533488
a big part of past dividends was composed by ASICMiner shares dividends, so in short the step up won't be 30x.
I'm holding, i think it's still a good investment at current price.

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: ft73 on June 20, 2013, 02:52:22 PM

Quote from: ShroomsKit on June 20, 2013, 02:42:52 PM

The minute i bought the price dropped and my shares are now worth almost 1 bitcoin less.

There was no drop last 8 trades were all BUY, maybe you are referring to the ask / bid spread.

Yeah...

I'll wait and see what happens...no worries

ChartBuddy

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dexX7

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ASICMINER thought me one thing: if it reaches a new level, it seems to stay there. 0.80, 1.25, 2.50 and now 2.85.

I'm very sad I didn't buy bASIC after reading the "news" or on the rise, but you'll never know where the top is, before you reach it. It yet has to show it's "no bubble" like AM. Fundamentals looking good though. But it's very nice to see more volume altogether. Share trading is fun, it's like getting double gain due to BTC/USD + BTC/share on top. Wink

ft73

hero member

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