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Author Topic: $80 and it is not mtgox  (Read 3083 times)
genuise (OP)
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March 26, 2013, 09:52:46 AM
Last edit: March 26, 2013, 12:33:20 PM by genuise
 #1

bitstamp see bitcoin-anaytics.com

it is rarely when non gox exchange leads the way

kakobrekla
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March 26, 2013, 10:14:50 AM
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Matthew N. Wright
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March 26, 2013, 10:15:24 AM
 #3

bitstamp see

it is rarely when non gox exchange leads the way

I only ever use BitStamp. I'd prefer they led the way.

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March 26, 2013, 10:22:25 AM
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bitstamp is rather "empty" … hence those spikes to the upside, probably done by not so careful new traders, who just buy without knowing the market depth. 800 coins to $100, btw.
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March 26, 2013, 10:25:01 AM
 #5

...

From where did you get that fine looking graph ? Is there a site producing it, or did you make it ?
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March 26, 2013, 10:26:44 AM
 #6

I found BitStamp often rises higher than Gox. BTC-China too is usually higher.

So the Gox walls don't mean all that much.

kakobrekla
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March 26, 2013, 10:31:46 AM
 #7

...

From where did you get that fine looking graph ? Is there a site producing it, or did you make it ?

One of many charts I do.

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March 26, 2013, 10:45:17 AM
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From where did you get that fine looking graph ? Is there a site producing it, or did you make it ?
One of many charts I do.

That's nice. Graphite for sure. Statsd as the collecting backend?
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March 26, 2013, 11:53:11 AM
 #9

According to bitcoincharts, bitstamp's high just went to $100! That's got to be a fat finger mistake.

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March 26, 2013, 11:55:54 AM
 #10

That 80 usd buy was me. Market there is fairly thin but I'm quite certain that we're going to see higher numbers later today so I might as well buy now.
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March 26, 2013, 01:07:08 PM
 #11

That 80 usd buy was me. Market there is fairly thin but I'm quite certain that we're going to see higher numbers later today so I might as well buy now.
You overdone my plan by 2 days Smiley

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March 26, 2013, 01:09:41 PM
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bitstamp is rather "empty" … hence those spikes to the upside, probably done by not so careful new traders, who just buy without knowing the market depth. 800 coins to $100, btw.

Or it could be the Europeans entering the Bitcoin economy, since bitstamp caters to Europe with its Sepa deposits. 

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genuise (OP)
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March 26, 2013, 01:14:08 PM
 #13

bitstamp is rather "empty" … hence those spikes to the upside, probably done by not so careful new traders, who just buy without knowing the market depth. 800 coins to $100, btw.

Or it could be the Europeans entering the Bitcoin economy, since bitstamp caters to Europe with its Sepa deposits. 

Europeans prefere btc24 - currently trades are at 65 EUR/BTC comparing with mtgox 60-61 EUR/BTC

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March 26, 2013, 01:17:38 PM
 #14

bitstamp is rather "empty" … hence those spikes to the upside, probably done by not so careful new traders, who just buy without knowing the market depth. 800 coins to $100, btw.

Or it could be the Europeans entering the Bitcoin economy, since bitstamp caters to Europe with its Sepa deposits. 

Europeans prefere btc24 - currently trades are at 65 EUR/BTC comparing with mtgox 60-61 EUR/BTC

Perhaps those that do business in Euros, but many of those Europeans who use USD may prefer bitstamp.  I don't have a preference (although I'm impressed with bitstamp's design), just floating a hypothesis.

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March 26, 2013, 01:33:55 PM
Last edit: March 26, 2013, 07:54:50 PM by Otoh
 #15

This morning I received an invite to a private view, it has a minotaur on it about to ravish an unsuspecting naked sleeping lady who I guessed must synchronicitly represent either the $80 or $100 bitcoin price, quite appropriate - part man and part bull which used to hang out in the southern Mediterranean island of Crete, near enough to Cyprus. If anyone in Barcelona wishes to go it's next Tuesday Thursday evening the 4th of April btw, just let me know.


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March 26, 2013, 01:39:42 PM
 #16

Bitfloor is usually a dollar or so always above MtGox. And BitStamp says it's at 82.00 right now. Smiley

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March 26, 2013, 02:35:21 PM
 #17

This morning I received an invite to a private view, it has a minotaur on it about to ravish an unsuspecting naked sleeping lady who I guessed must synchronicitly represent either the $80 or $100 bitcoin price, quite appropriate - part man and part bull which used to hang out in the southern Mediterranean island of Crete, near enough to Cyprus. If anyone in Barcelona wishes to go it's next Tuesday evening btw, just let me know.



Not to be pedantic, but that's not a minotaur. That's a satyr: a creature that is half man and half goat. And, yes, satyrs are well known for their libidinous appetites.
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March 26, 2013, 02:51:49 PM
 #18

bitstamp is rather "empty" … hence those spikes to the upside, probably done by not so careful new traders, who just buy without knowing the market depth. 800 coins to $100, btw.

It was me. I started buying yesterday with $130k war chest that cleared 15:52 GMT. The chart ends with my buying of the wall at $80 this morning.

I am not an experienced trader, meaning that I have 15 years of experience but I don't daytrade and generally seldom sell. Never sold a bitcoin. Despite the fact that the market went from a 2-dollar discount to 2-dollar premium compared to Mt.Gox during the spree, I think I did reasonably well. After all, if my math is right, I was a counterparty in 37% of all the trades during the period.

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kakobrekla
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March 26, 2013, 03:08:47 PM
 #19

Didn't take long.

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March 26, 2013, 03:24:21 PM
 #20

bitstamp is rather "empty" … hence those spikes to the upside, probably done by not so careful new traders, who just buy without knowing the market depth. 800 coins to $100, btw.

It was me. I started buying yesterday with $130k war chest that cleared 15:52 GMT. The chart ends with my buying of the wall at $80 this morning.

I am not an experienced trader, meaning that I have 15 years of experience but I don't daytrade and generally seldom sell. Never sold a bitcoin. Despite the fact that the market went from a 2-dollar discount to 2-dollar premium compared to Mt.Gox during the spree, I think I did reasonably well. After all, if my math is right, I was a counterparty in 37% of all the trades during the period.

don't make yourself a target. there's skilled hackers around here.
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