Yeah Bitfinex might be a better choice than BTC-E, a very legit operation.
But for the time being I think anything is better than stamp.
The bitstamp/bitfinex spread is getting huge. Very strange. FFS!! I'll try to answer here: we used to include Bitstamp orderbook into our own orderbook for liquidity purpose. In other words, we were arbitraging between our own platform and Bitstamp. However as we continue to grow we decided to slowly (and I insist on "slowly"  withdraw this arbitraging program to let people do the arbitraging themselves. This is why you started to see a difference between the price on our platform and Bitstamp, as arbitraging for third parties is interesting only after a certain threshold (around 1% like now is not a very good opportunities). http://www.reddit.com/r/BitcoinMarkets/comments/27vq6b/why_the_large_difference_between_bitstamp_and/ci533wgAh, so this is the end of the mixed orderbooks with BFX/Stamp. Still doesnt explain why Stamp is crashing and the other exchanges are just following out of confusion. |
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That didnt answer the question. I know what Expedia is.
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Expedia is not the announcement.There is another big one coming. If you read what i wrote in the 3-4 messages i wrote on this, you would have seen that it was a BitPay conference call. Expedia is with Coinbase. Expedia is huge. And notice - the price hasn't budged. -------------- I just met with Jeff in person, five minutes ago at the Clevelander Hotel to give him a batch of yBitcoin magazines to put in the lobby of the hotel. The information was given to me in confidence, but I can confirm that its legit. As for "how big" - i can finally give you an intelligent analogy. Expedia announcement is huge. And in light of that announcement, this company may make you scratch your head as to why they're better for Bitcoin. But the key is, they're a big company.
Expedia's value is 8.8 Billion. This company's value is more than 11 Billion.Its just a *completely* different demographic. And I think they have their hands dipped into several commercial interests. Either way - these two companies in one week will likely be Bitcoins biggest "Merchant Adoption Week". -B- I dont see why Expedia is a big deal. So this one is 1.3x the market cap.. ok. Is it Amazon? No. Target? Walmart? Ofc. not. Why would this do anything for Bitcoin? |
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Im commenting on that something seems off at Bitstamp...
3d Bitstamp ->2%, Bfx -<1%, Huobi -<0.5%
Every time the other exchanges rally, there is nothing going on at Bitstamp.. which results in this.
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And down Huobi goes :/
Something is very... wrong.
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BTC-E is higher than stamp!
Good time to buy if you're using stamp.... More like panic... |
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Da fuq is up with stamp lately? Its crazy bearish while the other exchanges are fairly neutral.. I cant believe Huobi hasnt tanked yet.
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So depending on the chart the TA-traders are using, we should see some major action from 24hrs-72hrs from now?
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cex.io now has 40% of the network.... pretty impressive, a ways away from the 51% but? lol
Wow, it was at 48%! Thats scary. |
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Small rally incoming, me thinks.
Why hunnypon ?  Just a quick analysis. I only post it to see if I was right later. (and why not share it?! HUH?!) |
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Small rally incoming, me thinks.
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I can't wait till someone buys that 655 1k wall
munch munch haha! I hope this guy had no intent to sell and wakes up crying at his loss of 1.1k bitcoin (Well, ~350ATM) |
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The fight is on with low-medium volume!!!  |
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 We stagnated in the 570-580 range for 5 long days. Soon we'll break 700.  Crash to $300  |
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So does a steeper incline mean more bids/asks?
Is this image bullish because it shows huge support or bearish because it shows huge resistance? I am used to level 2 bid/ask with stock trading just never seen a bid depth like the one posted...
You have to take the image in context. It's a bit steep on the asks at the moment. If the price has just moved, that can mean different things. At the moment, it just means there's some resistance. But many bids get moved so it doesn't necessarily mean much overall. It's fairly boring when things are static but when things start moving, you get to see a bit of the battle that's being played out. Bidwalls being eaten for breakfast, struggles, dumps, upsets, blood, sweat, tears, urine... When both sides deepen as they have recently, it usually means there's a fight brewing. Yes, when on the move, the side with the steeper wall tends to be the direction of movement. Other way around. Even moving, it is generally towards the side with a steeper incline. (More asks/bids) Edit: looks like that was what you said..maybe? Disregard then Yes, thank you for restating it. Price tends to move toward the steeper wall as it takes time for the orders to fill in behind the movement. Right, sorry - misread your post initially. |
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So does a steeper incline mean more bids/asks?
Is this image bullish because it shows huge support or bearish because it shows huge resistance? I am used to level 2 bid/ask with stock trading just never seen a bid depth like the one posted...
You have to take the image in context. It's a bit steep on the asks at the moment. If the price has just moved, that can mean different things. At the moment, it just means there's some resistance. But many bids get moved so it doesn't necessarily mean much overall. It's fairly boring when things are static but when things start moving, you get to see a bit of the battle that's being played out. Bidwalls being eaten for breakfast, struggles, dumps, upsets, blood, sweat, tears, urine... When both sides deepen as they have recently, it usually means there's a fight brewing. Yes, when on the move, the side with the steeper wall tends to be the direction of movement. Other way around. Even moving, it is generally towards the side with a steeper incline. (More asks/bids) Edit: looks like that was what you said..maybe? Disregard then |
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Someone just removed a huge sell wall at 665$, let's see if this will take the price to 670$ (1650 btc to break through it)
This wall has moved from $670, to split between $670 and $675, to all on $660, to $665, and is currently gone. |
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Fake wall is back...
Srs guy, if you had just left it at $670 people might have had some "fear" that it was real, but when you follow market price +5 but less than +10 to the nearest 5, ITS OBVIOUSLY FAKE.
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This manipulator is getting on my nerves. His walls aren't even real.
Yup. But you have to wonder, when fake walls are used to suppress the price, might it be a good sign? Tiny wall @ 655 eaten. Thats BTC100 out of the BTC2500 |
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I have no faith in this rally but I sure hope that wall at $660 gets eaten so that manipulator can go cry  |
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