How big is the chinese market compared to Gox?
It's about 10% of the MtGox USD market |
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1mBTC (0.159USD at ATH) has reached parity with these mainstream currencies:
1mBTC = 179.93KRW = 15.53JPY = 8.69INR = 5.02RUB = 4.65THB = 1.23HKD = 1.02SEK
Coming soon:
CNY: 161.25
DKK: 174.55
NOK: 174.75
PLN: 313.37
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They are obviously playing a pump-and-dump game. Those bought at >3 USD were completely ripped off |
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Doing a trace route I can see that there's a routing loop... So maybe your server is up but unreachable...
No, that is a VPS panel |
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You really should reduce the BTC withdrawal fee. The fee just forces people to leave BTC on the exchange and increases the risks
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Imagine 0.1% of $32T is invested in bitcoin. It's 20x of the current market cap.  |
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This wave is cooling down. The rate will remain at 120-135 until next week.
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I love FUD like this. It keeps ignorant people away at this early stage. These people will only bring instability to this immature market. Eventually, they will jump in when 1BTC = 10000USD
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1mBTC (0.147USD at ATH) has reached parity with these mainstream currencies:
1mBTC = 164.06KRW = 13.65JPY = 8.00INR = 4.64RUB = 4.31THB = 1.14HKD
Coming soon:
SEK: 153.90
CNY: 161.23
DKK: 172.38
NOK: 172.50
PLN: 306.36
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On an investment PoV :
1 to 10 is the same as 10 to 100 and the same as 100 to 1000.
No, "100 to 1000" requires 10 times of USD than "10 to 100". Who is going to pay the extra USD? |
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thats bs
you can easliy have free bank accounts in europe.
transactions are free over here if you want
until they decide to hair cut your account |
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Wow, jumped from $125 to $128 and back in less than a second. The a few seconds later, jumped to $130 and back down to $125 in less then a second again.
A mBTC jumped from $0.125 to $0.128 and back in less than a second. The a few seconds later, jumped to $0.130 and back down to $0.125 in less then a second again. Sounds less dramatic?  |
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So, 1.1 x 10^15 is not enough units to work with? if that was USD, that would by $1 Quadrillion.
Anyhow, the correct answer was that the Bitcoin market is too small for institutional traders to be bothered with it.
Too few is correct in this case, as it would require more bitcoins (not more decimal points) to bring the market to an acceptable size. Let them trade in microbitcoins then. There are 11 trillion microbitcoins, after all. (Bitcoin is just an arbitrary unit. Satoshi could have made the Bitcoin equal to 100 satoshis and set the upper limit to 21 trillion Bitcoins, and the effect would be the same.) Let me reword the statement. More bitcoins are needed to bring the value of the market to an acceptable size. Trading in microbitcoins does not solve this problem. The article is correct in saying that there are currently "too few" bitcoins. It neglects to mention that there will always be "too few" at current prices, but regardless there is no error in the text. There are too few flowing bitcoins because it is still excessively undervalued. |
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Mr. Loaded is online |
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true, and their volumes are also ridiculously low, in all currencies ...
 what ? by volume are the second atm third in $ volume in your screen-shot it looks to me ... I am surprised, didn't expect that after seeing their order-book especially in euros, whom to sell to/buy from? edit: just saw their "reserves": "Reserves: BitInstant: 443 USD AurumXchange: 7069 USD" hm, I would rather not publish that numbers ... That just mean BitInstant and AurumXchange are running out of USD on BTC-E. |
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2013-04-02 01:07 (INFO) -- ArmoryQt.py:1104 - Setting up networking...
2013-04-02 01:07 (INFO) -- ArmoryQt.py:1149 - Internet connection is Available: True
2013-04-02 01:07 (INFO) -- ArmoryQt.py:1150 - Bitcoin-Qt/bitcoind is Available: 0 That 0 is returned when it can't communicate with Bitcoin-Qt/bitcoind (it normally returns the port number on which it was found, though by default it only searches one port). Is it possible that you are using different command line arguments for it? Bitcoin.conf file? I'm really at a loss for this one... No command line qrguments for bitcoinqt. bitcoin.conf is rpcuser=generated_by_armory
rpcpassword=hidden |
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The automatic mode calls bitcoind successfully, but stopped at inititalizing bitcoin engine. Nothing interesting in log.
Strange question: is your clock UTC or local? I ran into an infinite-initializing problem when my clock was set wrong. Now that I bring it up myself, I guess I should actually make it clock-independent. I've conceded that some OS will just have to do manual mode (OSX, probably XP). But I'm not sure why that broke for you. Can you check the log after trying it in manual mode? Local. Nothing interesting in log: 2013-04-02 01:07 (INFO) -- ArmoryQt.py:1104 - Setting up networking...
2013-04-02 01:07 (INFO) -- ArmoryQt.py:1149 - Internet connection is Available: True
2013-04-02 01:07 (INFO) -- ArmoryQt.py:1150 - Bitcoin-Qt/bitcoind is Available: 0
2013-04-02 01:07 (INFO) -- ArmoryQt.py:1207 - loadBlockchainIfNecessary
2013-04-02 01:07 (INFO) -- ArmoryQt.py:1253 - Setting netmode: 0
2013-04-02 01:07 (INFO) -- ArmoryQt.py:3505 - Switching Armory state text to Mgmt:User, State:OfflineNoSatoshi
2013-04-02 01:07 (INFO) -- ArmoryQt.py:3447 - Switching Armory functional mode to "Offline"
2013-04-02 01:07 (INFO) -- ArmoryQt.py:530 - Usermode: Expert
2013-04-02 01:07 (INFO) -- ArmoryQt.py:951 - Changing usermode:
2013-04-02 01:07 (INFO) -- ArmoryQt.py:952 - From: Expert
2013-04-02 01:07 (INFO) -- ArmoryQt.py:960 - To: Expert
2013-04-02 01:07 (INFO) -- armoryengine.pyc:10196 - Signature on signed data block is GOOD!
2013-04-02 01:07 (INFO) -- ArmoryQt.py:1087 - You are running the latest version!
2013-04-02 01:07 (INFO) -- armoryengine.pyc:10539 - Called stopBitcoind
2013-04-02 01:07 (INFO) -- armoryengine.pyc:10541 - ...but bitcoind is not running, to be able to stop
2013-04-02 01:07 (INFO) -- ArmoryQt.py:4586 - Attempting to close the main window!
2013-04-02 01:07 (INFO) -- ArmoryQt.py:4690 - Resetting BlockDataMgr, freeing memory
2013-04-02 01:07 (INFO) -- armoryengine.pyc:711 -
2013-04-02 01:07 (INFO) -- armoryengine.pyc:712 - Just moved back to 0.87.2 and everything is fine |
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The automatic mode calls bitcoind successfully, but stopped at inititalizing bitcoin engine. Nothing interesting in log.
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