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Topic: Wall Observer - MtGoxUSD wall movement tracker - page 128. (Read 1811603 times)

hero member
Activity: 574
Merit: 500
What the hell is suddenly causing all the exchanges to rise?!

I'm guessing some fiat money is clearing from people who wanted to buy cheap coins but didn't have fiat on the exchanges.
sr. member
Activity: 280
Merit: 250
What the hell is suddenly causing all the exchanges to rise?!

I totally missed it because btccharts was down for like 30 minutes before I noticed.
420
hero member
Activity: 756
Merit: 500
Why is the Chinese price higher than the others?

Cool Chinese investors have cooler heads/stronger hands and aren't panicking?
Embarrassed Chinese don't have so many BTC in Gox to pump to other exchanges and sell?
Shocked A huge buy wall is catching all the asks?
Grin Chinese are just more bullish on the price?
Kiss Chinese need BTC for spurious purposes that will work whatever it's current price is?
Huh Something else?

 Tongue It is just now 7AM in Beijing so my guess is they were asleep.  Should start seeing some action start now.

badabing, bada-$90 bitcoin again
newbie
Activity: 56
Merit: 0
Why is the Chinese price higher than the others?

Cool Chinese investors have cooler heads/stronger hands and aren't panicking?
Embarrassed Chinese don't have so many BTC in Gox to pump to other exchanges and sell?
Shocked A huge buy wall is catching all the asks?
Grin Chinese are just more bullish on the price?
Kiss Chinese need BTC for spurious purposes that will work whatever it's current price is?
Huh Something else?

 Tongue It is just now 7AM in Beijing so my guess is they were asleep.  Should start seeing some action start now.
420
hero member
Activity: 756
Merit: 500
Prices have stabilized around $60-$70, even Virtex is coming down.


Prices have stabilized?  lol, they had just stabilized around $80 like 5 hours ago.  A few hours from now they'll have stabilized further, I'm sure.

With Bitcoin stability is relative :p

I'm compelled to believe that stability is practically unachievable and that as that fact becomes more apparent and adopted it will be clear that bitcoin simply isn't a workable economic system.  Its really, really innovative, and is technologically brilliant, but mass psychology will probably prevent it from succeeding, ultimately.

it wont matter this instability so long as people are trying to exchange fiat for bitcoins to buy things ASAP

the more people keep their value in bitcoins the more stable it should be
jr. member
Activity: 42
Merit: 11
How are transactions processed without mining?
Well, majority of trusted nodes vote "right" transactions. Quite clever, isn't it? Well, not.
What is clever - Ripples (coins of Ripple system) are issued in genesis ledger, and guess who controls them? Yes, makers of the system.
legendary
Activity: 2324
Merit: 1125
Prices have stabilized around $60-$70, even Virtex is coming down.


Prices have stabilized?  lol, they had just stabilized around $80 like 5 hours ago.  A few hours from now they'll have stabilized further, I'm sure.

With Bitcoin stability is relative :p

I'm compelled to believe that stability is practically unachievable and that as that fact becomes more apparent and adopted it will be clear that bitcoin simply isn't a workable economic system.  Its really, really innovative, and is technologically brilliant, but mass psychology will probably prevent it from succeeding, ultimately.

You might be right, I really hope not though.

Stability in fiat currency is irrelevant. Relative stability in purchasing power is relevant. Because of the limited applicability of Bitcoin at the moment the connection between the two is still quite strong. Long term it won't really mater as no-one will exchange their Bitcoins for a piece of paper with some numbers and the face of some political leader on it anyway.
sr. member
Activity: 280
Merit: 250
Prices have stabilized around $60-$70, even Virtex is coming down.


Prices have stabilized?  lol, they had just stabilized around $80 like 5 hours ago.  A few hours from now they'll have stabilized further, I'm sure.

With Bitcoin stability is relative :p

I'm compelled to believe that stability is practically unachievable and that as that fact becomes more apparent and adopted it will be clear that bitcoin simply isn't a workable economic system.  Its really, really innovative, and is technologically brilliant, but mass psychology will probably prevent it from succeeding, ultimately.

You might be right, I really hope not though.
legendary
Activity: 1512
Merit: 1001
Bitcoin - Resistance is futile
Why is the Chinese price higher than the others?

Cool Chinese investors have cooler heads/stronger hands and aren't panicking?
Embarrassed Chinese don't have so many BTC in Gox to pump to other exchanges and sell?
Shocked A huge buy wall is catching all the asks?
Grin Chinese are just more bullish on the price?
Kiss Chinese need BTC for spurious purposes that will work whatever it's current price is?
Huh Something else?

Yes, there are many chinese people, and they new there are just 21 Million BTC.
full member
Activity: 184
Merit: 100
Service is down for emergency maintenance for one hour, until 2013-04-11 23:30:00 UTC. Please retry at that time

They are coming back earlier. My God, what will happen then, lol
MtGox has been up for those who want to change book orders or do account-related stuff. Only trading was halted. I assume it will be returned to this state until trading restarts in three hours.
not anymore, down for service
hero member
Activity: 574
Merit: 500
Why is the Chinese price higher than the others?

Cool Chinese investors have cooler heads/stronger hands and aren't panicking?
Embarrassed Chinese don't have so many BTC in Gox to pump to other exchanges and sell?
Shocked A huge buy wall is catching all the asks?
Grin Chinese are just more bullish on the price?
Kiss Chinese need BTC for spurious purposes that will work whatever it's current price is?
Huh Something else?
legendary
Activity: 1512
Merit: 1036
Service is down for emergency maintenance for one hour, until 2013-04-11 23:30:00 UTC. Please retry at that time

They are coming back earlier. My God, what will happen then, lol
MtGox has been up for those who want to change book orders or do account-related stuff. Only trading was halted. I assume it will be returned to this state until trading restarts in three hours.
legendary
Activity: 2198
Merit: 1311
Prices have stabilized around $60-$70, even Virtex is coming down.


Prices have stabilized?  lol, they had just stabilized around $80 like 5 hours ago.  A few hours from now they'll have stabilized further, I'm sure.

With Bitcoin stability is relative :p

I'm compelled to believe that stability is practically unachievable and that as that fact becomes more apparent and adopted it will be clear that bitcoin simply isn't a workable economic system.  Its really, really innovative, and is technologically brilliant, but mass psychology will probably prevent it from succeeding, ultimately.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Service is down for emergency maintenance for one hour, until 2013-04-11 23:30:00 UTC. Please retry at that time

They are coming back earlier. My God, what will happen then, lol
sr. member
Activity: 280
Merit: 250
Prices have stabilized around $60-$70, even Virtex is coming down.


Prices have stabilized?  lol, they had just stabilized around $80 like 5 hours ago.  A few hours from now they'll have stabilized further, I'm sure.

With Bitcoin stability is relative :p
legendary
Activity: 1778
Merit: 1008
man, my head hurts... i blame ...uh... you guys. Cheesy
legendary
Activity: 2198
Merit: 1311
Prices have stabilized around $60-$70, even Virtex is coming down.

How long until Gox re-opens? What time EST?



Prices have stabilized?  lol, they had just stabilized around $80 like 5 hours ago.  A few hours from now they'll have stabilized further, I'm sure.
sr. member
Activity: 280
Merit: 250
Prices have stabilized around $60-$70, even Virtex is coming down.

How long until Gox re-opens? What time EST?

sr. member
Activity: 358
Merit: 250
make that $142 now

lol so if you were setup properly you could buy for $64 and sell to btc china and more than double your money
full member
Activity: 174
Merit: 101

How are transactions processed without mining?
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