Bitcoin Forum
May 26, 2024, 09:58:04 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 [34] 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 ... 105 »
661  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 10, 2020, 05:45:34 AM
662  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 09, 2020, 01:27:19 PM
SMA-24-hours

stays over 10000




663  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 09, 2020, 08:40:46 AM

I admit my first reaction was to check if it's some parody twitter account.

Turns out it's real.

 Grin
664  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2020, 10:54:49 AM
Screenshoting 4 digits for posterity.



Hi there, future historians!
665  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2020, 06:32:03 AM
Landed right on that '2x per year' trendline...

666  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 02, 2020, 01:34:31 PM
NASDAQ over 12,000
667  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 01, 2020, 06:32:23 PM
668  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 01, 2020, 05:40:00 PM
So, are the averages that you had listed in your above chart meant to be for the whole month? taking an average what the price would have been for each of the days of the month?  Or is it calculated in a different way?  I see that the CSV download (the one that I did) had given the BTC price each hour for the past 30 days (something like that or maybe it was 31 days?).. I suppose that you could average all of those prices that are in that hourly chart and then arrive at an approximation of monthly average that is close, but does not quite account for the trade volume variance.

I don't take volume into account at all. I understand how it might seem to be "less accurate" at first glance. But it's fine, really.
Using volume as weight will not change the end result all that much, obviously. It just makes calculations more complex, for very little benefit.

On that bitcoinity site you can switch from hourly to daily. I tested, and it's just a sum of their hourly data divided by 24.
So they are doing the same thing.


P.S.
669  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 01, 2020, 04:11:26 PM
4 best months so far:

12/2017   average price=$14835
 1/2018   average price=$12891
 7/2019   average price=$10665
 8/2019   average price=$10612


5 best months so far:

12/2017    average price=$14835
 1/2018    average price=$12891
 8/2020    average price=$11634 <- NEW
 7/2019    average price=$10665
 8/2019    average price=$10612



From where are you getting the monthly traded volume data?  How is it calculated?

I know that you can get daily traded volume BTC price on Bitstamp from:

https://bitcoincharts.com/charts/bitstampUSD#rg60ztgSzm1g10zm2g25zv  (click on "load raw data" at the bottom of the chart, and it will show daily traded volume for the past couple of months (maybe 60 days?)

From time to time I download hourly data from here:
http://data.bitcoinity.org/markets/price_volume/30d/USD/bitstamp?r=hour&t=lb&vu=curr
There is a CSV link at the bottom right corner.

It's average price for that hour, and volume. I don't care much about volume tho. Just playing with hourly price data.
670  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 01, 2020, 03:52:44 PM
LET THE 12xxx OBSERVING BEGIN!
671  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 01, 2020, 06:32:59 AM
4 best months so far:

12/2017   average price=$14835
 1/2018   average price=$12891
 7/2019   average price=$10665
 8/2019   average price=$10612


5 best months so far:

12/2017    average price=$14835
 1/2018    average price=$12891
 8/2020    average price=$11634 <- NEW
 7/2019    average price=$10665
 8/2019    average price=$10612

672  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 31, 2020, 11:42:56 AM

#metoo 2
673  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 29, 2020, 08:29:54 AM

674  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 27, 2020, 06:51:23 PM
Who knew 11xxx would be so boring!
675  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2020, 07:13:04 PM
Sideways 11xxx seems like a brand new thing.

In the past we only visited that range during up-and-down rollercoaster rides.

Now we have time to observe the scenery...



https://www.youtube.com/watch?v=5ecE91ZBusI
676  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 25, 2020, 07:16:05 PM
Portnoy went full cryptonian with twitter trolling... "I will save #bitcoin and #Crypto if they ask me nicely."
What a moron.
677  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 24, 2020, 05:30:09 PM
I mean, they deceive their own population, not just the the enemy.
678  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 24, 2020, 04:26:54 PM
Not just enemy.
679  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 24, 2020, 12:43:37 PM
My problem is I have a scientific background and appreciate little details like evidence and logic before jumping to conclusions that serve to reconfirm my world view.

Scientific method is fine for the natural world.

The world of humans is much more complex and messy. Lots of things happen underground, hidden from public scrutiny. Intentionally hidden.

It would be foolish to assume CIA or MI6 or Putin are not cooking some crazy projects right now, just because we have no precise scientific evidence of their shenanigans.

The public knows maybe 25% of important events/decisions, at best.
680  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 23, 2020, 03:52:39 PM
[...] Nobody in charge there gives a single solitary fuck about bitcoin.


Not sure about that, would be enormously shortsighted considering the growth potential Bitcoin has. On the other hand, the western world initially didn’t care much about a few hundred corona infections somewhere in China either.
Exponential growth is hard to grasp but we can’t be naive either. Bitcoin is a big threat for those with fiat powers.

They ARE shortsighted.

Already posted here, but worth a repost:
https://www.citadel21.com/why-the-yuppie-elite-dismiss-bitcoin
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 [34] 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 ... 105 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!