Is this the book "learn how the bitcoin market works"? =D Yep, this is the one!
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Oh, there are a lot of funny people here. Have you kids never seen a weekend-dip before?
Hint: Log charts.
^^ This
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It retreats. This is normal. Well "bitcoin-Normal", which is; well... not normal at all...
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Yeah baby!!! VOLATILITY!!!
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I'll get some sleep. It's getting late in Europe. Nite people!
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It's calm before the storm people. Wait for Monday; by the end of the next week $400 will be considered "a nice buy". BTW: The above chart is definitely BS. First of, Econometrics is science and require a lot of study before pointing out the obvious (the way YOU see it). Second; certainly it's not random lines over a chart. That's why people who can do it properly get paid quite well... @Newliberty: LOL!!!
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Market Last Volume (24h) Bid Ask High Low btcnCNY 2506.1000 92,470.89 2510.00 2518.00 2630.00 1982.02 mtgoxUSD 390.2000 51,499.85 390.10 392.35 392.57 336.28 bitstampUSD 357.7700 47,938.32 352.12 355.88 360.00 298.95 China almost double than Gox...
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Let's not forget that back in April there was only ONE significant exchange out there... Now many exchanges are moving similar or greater amounts of BTC/fiat and that's why one cannot "manipulate" the market anymore. As posted by gandhibt, there are not so many players with 100K of BTC handy nowadays. Now even a user with 3K is considered *significant* player... And this is gonna look much worse in the near future as more people getting involved...
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Well; can't wait for the $400 mark...
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The total ask orders is still around 10000B on Mt.Gox, but it increases from 2000 to 5500 on BTCChina. I'm not sure what it means, but could be a sign that BTCChina is going to slow down.
In theory, the coins to trade *should* be less day by day. Big players should have got their $ by now and smaller players are now holding their part of BTC. From what I understand; the idea is for the coins to spread...
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USD LOL!
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Maybe the authorities ARE aware...
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Total BTC 11,966,225 BTC Market Cap based on latest prices 4,487,334,495 USD or 2,787,891,101 EUR or 13,734,201,717 PLN or 2,752,231,750 GBP
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Everyday integration should be massive from now on...
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Up for $400...
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Total BTC 11,964,950 BTC Market Cap based on latest prices 3,709,158,430 USD or 2,835,693,150 EUR or 11,833,335,550 PLN or 2,548,534,470 GBP This should be irrelevant, but I thought it might matter: http://www.wikinvest.com/stock/EBay_(EBAY)/Data/Market_CapitalizationGoodnight everybody...
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It seems the States have been awake...
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