Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[MANofthePEOPLE]

Free fall incoming?

[1715407389]

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[chessnut]

Id say we will see 580 tonight. could see lower of coarse. there is no liquidity and the bears are out to play.

[billyjoeallen]

Ripple sounded like a great idea. Until I looked into it.

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  = N*(N+1)/2

+ One Dozen

+XIII

[PoolMinor]

Ripple sounded like a great idea. Until I looked into it.

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 = N*(N+1)/2

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+ fôrˈtēn

[coins101]

Ripple sounded like a great idea. Until I looked into it.

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  = N*(N+1)/2

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+∞

[mah87]

Ripple sounded like a great idea. Until I looked into it.

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THIS is the proof I'm right and that you are all like people mocking bitcoin in 2011. This is really funny =D

[surfer43]

So if Bitcoin fails, i.e. price crashes and doesn't come back up, then nothing will be able to replace it for some period of time. This would prove cryptocurrencies are not a good store of value and would severely hinder any adoption of altcoins...

[surfer43]

Ripple sounded like a great idea. Until I looked into it.

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+∞

https://yourlogicalfallacyis.com/bandwagon

[JayJuanGee]

Ripple sounded like a great idea. Until I looked into it.

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+ One Dozen

+XIII

+∞

THIS is the proof I'm right and that you are all like people mocking bitcoin in 2011. This is really funny =D

This is proof that you are on the right track to troll this thread...  b/c if anyone were taking your side, you would have to question your effectiveness in being an irritatitant, except your new kind of buddy, HDBUCK seems to be on your side.

[JayJuanGee]

So if Bitcoin fails, i.e. price crashes and doesn't come back up, then nothing will be able to replace it for some period of time. This would prove cryptocurrencies are not a good store of value and would severely hinder any adoption of altcoins...

Your prediction of demise is far too early...   And, you seem to be assuming facts that are NOT in evidence... ... b/c to have a loss of complete confidence, the level of failure would have to be pretty foundational....   B/c the invention is quite amazing, if you really begin to grasp the non-duplicating nature... ...

Also, I would hardly call $600 or even $300 a failure... Maybe if we were to start getting in the below $50 double digits, we may need to reconsider whether a crypto failure is in the mix of considerations.

[JayJuanGee]

Id say we will see 580 tonight. could see lower of coarse. there is no liquidity and the bears are out to play.

We do NOT really know for sure that there is going to be additional falling of the BTC price....b/c otherwise I would sell.. especially if it is really clear that there is a few percentage in there.. maybe 5 or 10%.. and maybe a lot of us would sell if it was really clear...  $580 would be getting to the 5% level... if there were confidence in such.... ... but maybe the confidence needs to be more or the level of adjustment larger - especially if we were to be getting to the 10% or more levels.. which would be around $550...

People are putting out these projections... but I wonder if anyone, besides whales, are really putting any money into their inclinations... many of us seem to be hovering and waiting for some action.. afraid to buy and afraid to sell.      

Probably, several of us have been burned in the past by our perceptions of these kinds of down trending situations b/c certainly it appears that the BTC price is going to fall more, but then it ends up to be at its bottom... b/c some whale  or bot jumps into the fray and butts are burning... 


My finger is hovering on the buy trigger...  (I buy through Coinbase which is NOT always exactly in line with Bitstamp)

I just do NOT know how soon before I should pull that trigger b/c, of course, I would prefer to make such purchase at the lowest possible price.... so as I type we are hovering between $605 and $608.... which also is approaching a more than two week low.. ... so the current BTC price seems relatively attractive to me... but then again I am thinking that as soon as I buy, the price will thereafter decide to decline further.. and then I will likely be kicking myself b/c I would have preferred to buy at $580 or at $560 rather than at $605... if we are pretty confident that the price is going to go to one of those lower levels..

[seleme]

Anyone going to order KNCMiner scrypt ASIC?

I think I might do one or two. 100 MH/s for 10k$ looks good.

[PoolMinor]

Anyone going to order KNCMiner scrypt ASIC?

I think I might do one or two. 100 MH/s for 10k$ looks good.

Depends on the time frame of the release. I figured roughly 120 days from today LTC difficulty might be ~20,000, this gives around 150 LTC per month; ROI=120-150 days.

[seleme]

Anyone going to order KNCMiner scrypt ASIC?

I think I might do one or two. 100 MH/s for 10k$ looks good.

Depends on the time frame of the release. I figured roughly 120 days from today LTC difficulty might be ~20,000, this gives around 150 LTC per month; ROI=120-150 days.

No exact time of delivery yet. Q2/Q3.

I doubt most of other scrypt ASICs will deliver on time, that rarely happens.

[chessnut]

only 30BTC left in the way of $599 on stamp..... I think we will ride smoothy to 580 if this is broken.


EDIT 597......

[surfer43]

Anyone going to order KNCMiner scrypt ASIC?

I think I might do one or two. 100 MH/s for 10k$ looks good.

How can you afford these things? Bought BTC when it was cheap, eh? 
I will let you know, I would buy it if I could afford it 

[JorgeStolfi]

[ many levels ... ]

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Is this the so-called "blockchain" that you folks talk so much about?  I didn't realize it was so huge...

[JorgeStolfi]

Daily volumes of BTC trade to/from USD and other national currencies (in kBTC):

             !    Wed !    Thu !    Fri !    Sat !   Sun !    Mon !    Tue !    Wed !                     
  EXCHANGE   !  03/12 !  03/13 !  03/14 !  03/15 ! 03/16 !  03/17 !  03/18 !  03/19 ! Currencies considered

  Bitstamp   |  12.70 |   6.73 |   8.68 |   2.20 |  3.30 |   9.17 |  14.90 |   7.08 | USD                 
  BTC-e      |   7.96 |   7.43 |   3.76 |   2.55 |  2.62 |   3.90 |   7.91 |   5.48 | USD,EUR,RUR         
  BitFinEx   |   7.29 |   3.31 |   5.53 |   1.74 |  1.90 |   3.76 |   7.74 |   3.44 | USD                 
  Kraken     |   0.56 |   0.40 |   0.48 |   0.34 |  0.15 |   0.48 |   0.85 |   0.57 | EUR                 
  Bitcoin.DE |   0.37 |   0.35 |   0.20 |   0.12 |  0.12 |   0.40 |   0.42 |   0.35 | EUR                 
  CaVirtEx   |   0.13 |   0.13 |   0.11 |   0.06 |  0.06 |   0.10 |   0.10 |   0.13 | CAD                 
  CampBX     |   0.04 |   0.03 |   0.06 |   0.03 |  0.02 |   0.07 |   0.32 |   0.06 | USD                 

  SUBTOTAL   |  29.05 |  18.38 |  18.82 |   7.04 |  8.17 |  17.88 |  32.24 |  17.11 |                     

  Huobi      |  77.90 |  65.40 |  78.40 |  36.50 | 27.00 |  63.80 |  84.10 |  62.40 | CNY                 
  OKCoin     |  90.60 |  60.70 |  97.80 |  55.40 | 40.00 |  59.00 |  82.70 |  95.00 | CNY                 
  BTC-China  |   3.16 |   2.89 |   2.97 |   1.13 |  1.51 |   2.74 |   3.70 |   3.79 | CNY                 
  Bter       |   0.49 |   0.26 |   0.19 |   0.35 |  0.28 |   0.34 |   0.27 |   0.35 | CNY                 

  SUBTOTAL   | 172.15 | 129.25 | 179.36 |  93.38 | 68.79 | 125.88 | 170.77 | 161.54 |                     

  TOTAL      | 201.20 | 147.63 | 198.18 | 100.42 | 76.96 | 143.76 | 203.01 | 178.65 |                     

All numbers were collected by hand from the site http://bitcoinwisdom.com. Beware of possible errors.

For each exchange, the numbers include only the trade volume to/from the currencies listed in the rightmost column. Trade between BTC and other cryptocoins, such as LiteCoin, is NOT included.

Dates on the header line are UTC. Specifically, "01/15" means "from 01/15 00:00:00 UTC to 01/15 23:59:59 UTC". (Beware that the same period may span part of day 01/14 or part of day 01/16 in your local time zone.)

NOTE: There are at least five additional large exchanges in China that are not on this table because they are not covered by Bitcoinwisdom: FxBTC, ChBTC, BTCTrade, BTC100, and BTC38.  Together they may have as much volume as Huobi or OKCoin.

[JorgeStolfi]

Total trade volume today (Wed Mar/19 00:00--23:59 UTC), on the exchanges that I monitor, was ~179 kBTC.  That is rather on the low side for the last few weeks; it is 12% less than yesterday's and 11% less than last Wednesday (Mar/12).

Volume outside China fell 47% from yesterday's  (32 to 17 kBTC). Bitstamp (7.08 kBTC), BTC-e (5.48) and Bitfinex (3.44) kept their ranks, but Bitfinex fell further behind BTC-e.  Yesterday CampBX had a sudden surge from 0.07 to 0.32 kBTC, but today it returned to its usual range with 0.06 kBTC.

Volume in the four Chinese exchanges that I monitor a dropped only 5.4% (from 171 to 162 kBTC). OKCoin again passed Huobi (with 59% of my Chinese total against 39%).

It should be noted that there are several large exchanges in China that I do not monitor because they are not listed by Bitcoinwisdom.  They may account for 1/3 or more of the volume in that country.  My volume table also omits many exchanges outside China, but I believe they have very small volume. In spite of that, China's slice of my total volume is 90%.

[Sitarow]

Anyone going to order KNCMiner scrypt ASIC?

I think I might do one or two. 100 MH/s for 10k$ looks good.

I along with 3 others have made orders. But remember buying the coin may net you more in the end

PS. if you don't have one consider using the link below
https://www.kncminer.com/products/titan?resellerid=619

P.S. there are only 2365 left