Where does one get the images of current bids vs. amount btc for sale? I have forgotten.
blockchained.com |
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mtgox was fine during all this, till the price took a downturn. now its unuseable
I think evolve noted this before. Quite suspect. In a spike down people usually create orders at a faster rate than in a spike up, not to say that people were putting up buy orders and sell orders simultaneously during the dump. FTFY |
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mtgox was fine during all this, till the price took a downturn. now its unuseable
I think evolve noted this before. Quite suspect. |
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hmm.... One miner with 100K coins could put this guy in a hurtlocker right now. I hope he has a very good long term plan.
Because dumping 5 million $ worth at once is a good idea? |
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What an asshole, sacrificing the little guy to get away safely himself.... tssss. I guess it's like the joke, you don't need to outrun the bear (or wolves in this case), you need to outrun the guy next to you... |
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Given the "trust no one, everything is a scam" attitude on this forum, it's surprising that post was given any credence at all.
People cared only because there was nothin' else interesting happening since the fork incident. He might just have ignited something that was going to blow up anyway. |
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Guess we know what to do next time we want to unload some coins  . |
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Uh, is that image claiming that the ECB bashed bitcoin and called it a ponzi? Because the report I recall specifically said it wasn't a ponzi.
You think too much. Bitcoin good, ECB bad, so ECB say bitcoin bad. No read text you stupid. Uga Uga Uga. |
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Would be a pretty fucking stupid way of buying just to get some attention. If it is true, it is probably Max Keiser  . |
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shucks, they should've mentioned Cyprus.
they referenced it indirectly with 'haircut-proof' |
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I think the EU people wanted the bitcoin bullrun to continue, so they decided to start taxing bank deposits.... (see Cyprus news).
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I know the end result is true, but you make it sound as if bitcoin people are plundering cypriots' bank account. |
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The funny thing is that I got transfered to a Western Union add when accessing this meme pic . No thanks WU, I have got better options  . |
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The numbers here still have a certain fantastical property to them. If someone wants to put 100000 BTC on mtgox and sell them for $1 trillion each, that'll show up in that chart as 100000 BTC "for sale".
true, maybe only those within double current price or something like that should be considered? |
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I'ld really wish this guy would put his charts with ask in USDs too (# of BTCs * price/BTC) This doesn't make sense. On the ask side they are selling BTC, on the bid side they are selling USD. Its perfectly natural and intuitive to denominate the amount of BTC that are up for sale in BTC and the amount of USD that are up for sale in USD. Besides one could sell 1 BTC for 100.000.000 and completely invalidate the whole graph if it was USD on both sides. That is why I would multiply by the actual BTC price as I did in my previous post.... For me, it would be much more informative to see 'the value' that is being offered to bid and 'the value' that is being offered to sell. Given that the USD is still a lot less volatile than BTC, I would denominate this value in USD. |
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I'ld really wish this guy would put his charts with ask in USDs too (# of BTCs * price/BTC) Yes, I second this. At the moment it is 8.3 M bid and 5.1 M ask, but of course I don't have the historic data |
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I'ld really wish this guy would put his charts with ask in USDs too (# of BTCs * price/BTC) |
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