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81  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 19, 2013, 04:21:33 AM
While we are at it. What happens in India with regard to exchanges'?
82  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 19, 2013, 04:07:13 AM
A couple days ago, when the Gox guys fell asleep and trading was down for like 7-8 hours I noticed that during most of that time volume in BTCChina completely mimicked that of Gox and went to almost 0.

It is true that everyone kind of put everything on hold till Gox restarted, but the same thing did not happen on Bitstamp nor BTC-e.

I remember having all 4 bitcoinity screens open and noticing this. I will try to go back and see if I can find that moment.

EDIT: My conclusion at the time was that the same big money players are heavily arbitraging everywhere.

Yes, I saw that happening too. BTC-e and Bitstamp had some normal organic trades, while BTCChina ground to a halttogether with MtGox. Good that you bring it up. It fits my hypothesis (which is only a hypothesis at best)

As a reply to the guy asking what they would benefit: it's evident this rally is based upon "CHINA IS GOING CRAZY BUY BUY BUY". Knowing that, and having the power, and having money at the other exchanges, you can influence the movements and make a killing.
Even the BTC market is small, the attempt to manipulate the whole world with one exchange is too ambitious IMHO.
That's why manipulators act over multiple exchanges at the same time.
83  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 19, 2013, 03:04:31 AM
So with the price rise, I remember I got my Casascius coin out to show a buddy a couple of weeks back and I left it out. Ask my wife if she saw it.

It got "put away"

Without a trace.

Don't trust your bitcoins around your SO Sad
SO?
84  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 19, 2013, 02:30:43 AM
question: why don't we open account on btcchina and make some arbitrage with bitstamp? 30% guaranteed..
am i missing some point?

The fact that Yuan -> USD isn't a thing.
Account creation or accessing the site has not been working for me for 4 days.
85  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 19, 2013, 02:21:19 AM
Coins are running dry on GOX, what do noobs do with GoxBux now? .... Undecided
Has goxbux already been added to the cultural heritage over at urbandictionary ^^?
86  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 19, 2013, 02:14:38 AM

Thank you all for the update.
87  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 19, 2013, 02:04:06 AM
I just got an SMS alarm and saw red all over the screen. Might I ask please what happened after the
hearing ended, please.
88  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 18, 2013, 10:33:42 PM
My thanks goes to all speakers!
89  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 18, 2013, 10:10:55 PM
omg seriously this hearing is super bullish. 1000 here we come
It is indeed!
Meanwhile in China: 846.873 USD
90  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 18, 2013, 10:06:04 PM
YES! Patrick you rock! Thank you for bringing up the banking issue! Murck and Allaire have both mentioned this now and it is so important!
!!!
91  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 18, 2013, 09:46:53 PM
Murck is boooooooring!
Unfortunately it is clear the others have more public speaking confidence and experience. He is doing a good enough job though for someone that is doing hearings ever couple days.
He ultimately drives the points home!
92  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 18, 2013, 08:47:24 PM
Would you 'hit' these 2 chicks? I'd hit' em... Roll Eyes

Oversharing?
93  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 18, 2013, 06:56:04 PM
Bears want this rally to be like April. What they forget is that if this is like that rally, we are headed for well over $1k.
Not even real bears:

94  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 18, 2013, 06:53:22 PM
hm... bitstamp is around 200$ lower than btcchina... anyone has infos about how to set up a btcchina-account?

delta is used as difference, no need to place it infront of the current exchange rate

sign up at the btcchina web site. Very easy. Extracting CNY to anywhere other than China, not so easy
btcchina has not been reachable for 4 days straight from my location. It was not possible to set up an account.
95  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 18, 2013, 06:23:52 PM
And this is why I use a trading bot..  I dont have to worry about all of this..

Buy Low Sell High baby..   I sleep well at night  Grin

This surge took me by surprise, I was planning on starting my bot up at $500 but I need to update the libraries and fix a bug.

Oh well, who knows, it still might correct down below $500 soon.
Which bot do you use, if I might ask please?
96  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 18, 2013, 05:51:51 PM
http://finance.yahoo.com/news/bernanke-bitcoin-may-hold-long-172034587.html
97  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 18, 2013, 05:03:51 PM
Edit: Someone dumped 350 XBT at stamp, leading only to a downwards move of 1-2 $...
(excuse me, please)
98  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 18, 2013, 04:39:57 PM
My productivity these last few days has been 0... All free time is spent staring at charts.
+1 me 2
99  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 18, 2013, 03:09:50 PM
NASA could install Bitcoin on Mars rover if they wanted and send few Bitcoins ther so it becomes first interplanetary "currency"
You might be interested in gmaxwell's text on autonomous agents here on BT.
100  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 18, 2013, 02:50:16 PM
For once I'll say thank god there is gox to support the price otherwise bitstamp looks like it would go down the rabbit hole. What is going on over there and what happened to the order book? The bid at btcchina doesn't look impressive either.
Total bids: 6747666.1314018351  | Total asks: 3223422.1035258354

https://www.bitstamp.net/market/order_book/

There is like 1000btc in front of $400.
LB: 400.7639999999999994295674100 UP: 626.8360000000000005704325902
Total bids: 1269092.4181137212  | Total asks: 1975921.9734585165
Ratio bids/asks: 0.6422786097633147074813460318

LB = 22% down from current price
UP = ...
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