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The data which keeps getting repeated appears to be from the following time according to the timestamp in the data:
Sat Nov 15 00:13:22 CST 2014
Note that the process that ChartBuddy follows is to request the current book from Bitstamp. That data is then saved directly as a file with the filename based on the current day, the current hour and the current minute. This ensures that there is no way that ChartBuddy is using his own incorrect data. There is always the off-chance that my ISP is doing some caching of its own, of course but that seems unlikely.
Edit: More than unlikely since the connection is https.
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I don't think I buy that. The high value plots are too similar. I think Bitstamp is sending out old data.
Confirmed. Those plots have the same, identical, *old* timestamp. |
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Go home Chartbuddy, you're drunk. Not sure if people are joking... The plots may seem broken at first sight, but they are a consequence of large changes in the order book, at some distance from the spread. Months ago, the changes were usually small and usually close to the spread, so the plot usually looked like a fairly smooth valley. I don't think I buy that. The high value plots are too similar. I think Bitstamp is sending out old data. |
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You must be on something. Wrong price charts all day. Yeah, something is up. That info comes directly from Bitstamp. I think something similar has happened before but Bitstamp cleaned its act up before I got around to working around it. |
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I think you should lie down buddy. You are clerly stressed out. It's weird. This is apparently what Stamp is giving out. |
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I do agree there are a lot of stocks that rely on the greater fool and investing in them often times ends badly, but I think that's a bit of a simplistic view. Although it can be nice as a shareholder to get paid a dividend (there can also be tax drawbacks), a company should really only use it's profits to pay one as a last resort after considering whether the money could be more wisely spent re-investing back into the business, making acquisitions or buying back their own stock if they consider it undervalued. The growing tangible value of a company is just as relevant to a stocks price as whether or not a dividend is paid as are a company earnings.
True enough that a company should make careful consideration of what to do with its profits and direct them most appropriately for the situation. However, government taxes and regulations mean that for most, this means reinvestment instead of dividends even when dividends would be a better option. This suits the government, of course, as its currently printing huge amounts of money and needs somewhere for it to go. Investments which don't have to prove their worth are ideal for that. The issue with lack of dividends is that they are an extremely important market signal. The problem where dividends are not paid is that you have a kind-of singularity, a box where you can look in and see (some of) what's going inside but nothing goes in and nothing comes out. All companies will have a lifetime (granted for some, it will be extremely long), creation, existence and termination. If no dividends are ever paid, what value is provided to the investor over that time? Also, if dividends are not paid, it is possible to pay financial games and mislead investors over the value of the company (think Enron or Worldcom). In any case, who is to say that the companies are making smart use of their reinvestments? Maybe they will choose the wrong fields to enter, maybe they are a company that has a limited lifespan due to changing conditions (AOL anyone?). Reinvestment often means a company will grow and bubble beyond the size it should actually be and is partly responsible for some of the huge out-of-control corporations we have at the moment. Dividends allows an investor to use his own wisdom to determine where to place the profits from his investments. Again, dividends are not the be-all and end-all of investment but I do feel that we have moved too far from them at the moment and a return to a sane market will see an increase in the number of companies paying decent dividends. |
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close you could fairly say I'm describing a lot of penny stocks, however a typical stocks value isn't an arbitrary figure as a profitable company adds value to the stock in terms of re-investing in the underlying business and to share holders in the form of dividends.
When there *are* dividends, it is possible to fairly value a stock but when there are not and the price is based on reinvestment, you may be using some similar indicators to value a company but you are still basically relying on "greater fool". |
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^That's an old chart, by the way. Looks like something got gummed up. |
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OK, that is just weird. 34 minute delay? Oh, fake. Nevermind. Not sure what's up with ChartBuddy. |
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Of course, every theory is -well- unfalsifiable, until it's proven otherwise
Not at all. "falsifiable" has specific meaning in science and is a requirement if you're not just babbling. http://en.wikipedia.org/wiki/Falsifiability |
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I rewarded myself today with a nice premium porn account payed in bitcoin of course.
 Pretty prudish for a brony, aren't you? Whatever happened to that famous brony tolerance and friendship? Pretty deft observation for an old Socialist there, grampa. *I also use Chinese graphics, ∴ I must be a Chinaman. So, a Blony? |
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Just got back from two weeks of vacation last night. Have mostly been ignoring Bitcoin. Nice work, guys.
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I will leave this place soon. Bitcoin is dead, it's only down from here and i sold everything i got quite a while ago so there is nothing for me here anymore.
I tried to help the few delusional bulls who just won't give up but they don't appreciate my warnings very much. Ah well, your money. I don't care really.
I'll come back every 50 dollar drop for some entertainment. So long and thanks for buying my coins at 400. Poor schmucks.
Good luck with your pump and dump coin.
And who said there's been no good news recently? |
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Been away for a while, so what was the cause of all this dumping from 380? Sidechain stuff?
Random movement in the face of little new information. |
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Well it still exist everywhere, when most have less chances for educations than the elites which result them to work for the rich 1% elites at a minimum wage job to barely survive. what do you call that ? I call it modern slavery.
OK, not quite sure where you are referring to here. This is true in many places, largely due to the types of government but there's not a huge excuse to not have at least a reasonable level of education in a first world country, regardless of what is provided. The closest thing to slavery here is property taxes which require one to have an income to keep the land one supposedly owns. The second closest is debt which is usually a self generated problem (typically encouraged by government policy). and don't tell me it is not possible to have a better system, yes someone has to do that Job, I agree on that, but that one has to be fairly paid, take Switzerland as an example, I love their payment scheme.
Fair is both sides sticking to what is agreed. If it's a necessary job, the payment is there. If you find yourself in a huge pool of unskilled workers such that the offered for a particular job is low, with rare exception, that's on you. |
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This has happened before - slavery was a near-universal human institution right up until it was rejected for moral reasons. Then we learned how to live without it.
Arguably, conventional slavery was on its way out anyway, morality or no. Though it still does exist in some places. |
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you start with that and you end up with what we have today, because then you keep adding, for example education, health care.... the systems that we have today didnt just appear in one night, they are the outcome of development of centuries.
Yes, there was no education or healthcare before governments took it upon themselves to provide it.  |
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Minimal state would do for example. http://en.wikipedia.org/wiki/Minarchismtheir only legitimate function is the protection of individuals from aggression, theft, breach of contract, and fraud, and that the only legitimate governmental institutions are the military, police, and courts. In the broadest sense, it also includes fire departments, prisons, the executive, and legislatures as legitimate government functions. Such states are generally called night-watchman states.USA used to be a minimal state. Quite frankly, I'd be happy if we could just *start* turning things back in the opposite direction. We can discuss what exactly are the appropriate levels of taxation and control but that is by-the-by. The issue is that such discussion is irrelevant. They have been increasing and there is no end in sight. Those driving this just keep acquiring more and more power. |
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You think you're kidding but it's true. At that time, being a kind give no power at all. There are no state and no frontiers.Allegiance to the King is only temporarily. Power is extremely decentralized between many European Noble families. Each family divide land between members. Anyone can claim a land at any time.  Sorry, I consider myself pretty hardcore libertarian. Feudalism does not really connote freedom. Sure, if you were a lord or king or whatnot, it was probably a pretty fun time (until your rival ran a sword through your gizzards) but the common man had it pretty rough. It wasn't really until firearms came along and started to level the playing field that that was redressed. However, there were regions and times where freedom was more prevalent and we can see its positive effects within the societies that exist currently. Control? Soviet Russia, North Korea, Communist China. More freedom? South Korea, current hybrid China. Even more freedom? 20th century US and UK. Bit less freedom? Declining 21st century US and UK. |
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