Bitcoin Forum

Red: Selling rate   Green: Buying rate

Linear-scale

http://farm7.static.flickr.com/6048/6280911760_7f3741fd6f_o.png

Log-scale

http://farm7.static.flickr.com/6040/6280393589_b478d74212_o.png

Super-long

http://farm7.static.flickr.com/6104/6280393225_0bc040e5cd_o.png

make the charts a little smaller and link to the full size image. they are obnoxiously huge.

What are we supposed to gather from these charts?

How bitcoinica forces prices down.

Next up: Price of oil since my last bowl movement

I'm willing to bet Bitcoinica had at least a small effect on the price decrease.

wait..what does this mean?

I'm going out on a limb to guess that it means that the the prices that people are willing to buy something for in a market is closely related to the prices other people are willing sell it for? go figure.

However, I think the intention was to imply that the shorting bitconia provides isnt the cause of downward price pressure. I dont think it convinced me. Elaborate, pls.

Also, what's up with that name? Bitcoinia? Sounds like a lady vampire name to me. Like maybe Elvira's fatter, uglier sister or something?

Zhoutong, I thought the graphs were excellent. Thank you. However, of all of the combinations, the missing one would have been most valuable. Would you mind linking to a super-long log chart? Cheers!

Secondary click -> Open Image in New Tab, or simply save it.

The super-long chart is in log-scale.

Did you see it wrongly or are you asking for super-long linear?

my interpretation was how bitcoinica forced volatility down.

This is what I saw too! Though it's still going down, it's a fairly smooth line until you get to the last few days.

So it is! Thanks.

lol.... that is all.....

I don't doubt it, but a chart of the price since bitcoinica opened isn't evidence of that any more than this morning's oil price is evidence of the power of a turd.