So you say that they have problem with moving money out of China. Then you speculate that they would be able to trade on Gemini - because it is regulated? How exactly this would help in the problem with moving money out of China? Do you realize that Gemini is in the USA and that USA means outside of China?

Indeed:

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Why only asks? Was it not possible to transfer money into the accounts earlier?

OKCoin volume data is unreliable and the Bitstamp volume increase comes from Bitfinex volume decrease. Bitfinex matching engine problems scared some people who moved their trading to Bitstamp.

A week ago he started a thread about going down. Did not work. Maybe pumping up will work? I think he overestimates the influence of this forum - the real Fontas pump and dumps were in much smaller markets.

The money being pumped into the bitcoin ecosystem was giving me much hope - but I think that most of the companies being funded are closer to MtGox than to Google and now after the BitPay announcement this might get visible to the VCs as well.

Yeah - because burning electricity just to sort transactions into a linear order is so good for the environment.

That would be a bullish sign - this would mean that the price is sustained by money inflows and not just by the same money trading in circle.

What if you are wrong?

I agree - now it should bounce back on the relief.

Yeah - it is just Bitstamp that has high volumes - but why should people go to stamp from finex?

I don't see why I should care - this is quite different from the MtGox situation.

I smell a bubble

What is Amagi Metals?

Now it is 21078 with total size of  55418 (KB) - so it looks like it grows and if that goes on for some time this can become a problem.

It was kind of obvious that the backlog will build up and that this will start not at once - but after people figure out how to use the published keys and generate those huge transactions. The only question is how miners will react - if they quickly adjust and just ignore these transactions then this should settle down nicely. And if people start paying any fees - it it would be in the interest of the miners to ignore the huge transactions - because they lose fees from other transactions if they include them. Theoretically it is all very well balanced - but it depends on the miners now and some people can still panic seeing the backlog.

Apparently the coinwallet stress test have been going on since yesterday: https://bitcointalk.org/index.php?topic=1175321.0 They give out private keys for accounts with huge numbers of inputs counting that someone reading it will generate the huge transactions. Have any of these huge transactions been generated? How is the network coping with them?

This could push the price down in a big way - but it looks quiet so far - so maybe the effect will be the opposite - as the network proves robust.

Personally I think that the network will survive and the average fees will increase. The gigantic transactions will possibly stay in the backlog for some time, because miners will not have much incentives to put them into the blockchain (and lose fees from other transactions) - but everything else will not be delayed much because miners will not have any problem with other transactions. So yeah - there might be an initial flashcrash because of the uncertainty and doubt - but it should bounce hard once that clears.

Maybe it is he who is accumulating with the buy walls at finex?

And he probably counts on that stress test: https://bitcointalk.org/index.php?topic=1175321.0 to push the price down.

Looks like falling daily upper bb was hit.

Is this invalidated now?

In the wrong direction.

Now it starts to look like a bullish pennant.