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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26371263 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
klee
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August 23, 2014, 04:09:06 PM

BTCChina @3000  Sad
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fonzie
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August 23, 2014, 04:11:24 PM

BTCChina @3000  Sad

Oh, didn´t the phantom orders fill in time.

Edit: Lol@orderbook. They probably don´t have more than 1000BTC on their site but represent the market with the highest volume, ridiculous.
klee
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August 23, 2014, 04:12:25 PM

Looking bad..
adamstgBit
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August 23, 2014, 04:15:22 PM

finaly vol is dying down a bit...

the insanity is on pause this weekend?
fonzie
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August 23, 2014, 04:18:38 PM

finaly vol is dying down a bit...

the insanity is on pause this weekend?

It ain´t over till it´s over. Try and get some sleep but when you wake up we will be @ 0 or 2000$. Good luck Adam!



mmitech
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August 23, 2014, 04:19:09 PM

Hodlers, you are fucked up and you just don't know it... not yet, not spreading any FUD only facts.
Sandia
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August 23, 2014, 04:20:06 PM

Looking bad..

I don't know.  The other exchanges ignored it, unless that caused a $3 drop on Bfx.  If we go down (which we will in the next 6 hours) it wont be because of BTCChina.  It will be because we could not rebound back to 615.

Oddly, dropping prices give traders a reference point. Ranging confuses everyone.
adamstgBit
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August 23, 2014, 04:20:40 PM

finaly vol is dying down a bit...

the insanity is on pause this weekend?

It ain´t over till it´s over. Try and get some sleep but when you wake up we will be @ 0 or 2000$. Good luck Adam!



sweet!

one way or another, 24hours and the torment will be over!
klee
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August 23, 2014, 04:21:54 PM

Looking bad..

I don't know.  The other exchanges ignored it, unless that caused a $3 drop on Bfx.  If we go down (which we will in the next 6 hours) it wont be because of BTCChina.  It will be because we could not rebound back to 615.

Oddly, dropping prices give traders a reference point. Ranging confuses everyone.
Bitstamp is reacting
fonzie
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August 23, 2014, 04:23:42 PM

Looking bad..

I don't know.  The other exchanges ignored it, unless that caused a $3 drop on Bfx.  If we go down (which we will in the next 6 hours) it wont be because of BTCChina.  It will be because we could not rebound back to 615.

Oddly, dropping prices give traders a reference point. Ranging confuses everyone.
Bitstamp is reacting

Almost 10BTC in 30 trades in the meanwhile, causing a pricedrop of 2,50$. Better panic sale now!
Sandia
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August 23, 2014, 04:27:47 PM

Looking bad..

I don't know.  The other exchanges ignored it, unless that caused a $3 drop on Bfx.  If we go down (which we will in the next 6 hours) it wont be because of BTCChina.  It will be because we could not rebound back to 615.

Oddly, dropping prices give traders a reference point. Ranging confuses everyone.
Bitstamp is reacting

Looking over the last few hours, it looks like 1-1.50 drop, maybe, if I squint close.  That ain't no drop.
grappa_barricata
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August 23, 2014, 04:28:48 PM

Looking bad..

I don't know.  The other exchanges ignored it, unless that caused a $3 drop on Bfx.  If we go down (which we will in the next 6 hours) it wont be because of BTCChina.  It will be because we could not rebound back to 615.

Oddly, dropping prices give traders a reference point. Ranging confuses everyone.
Bitstamp is reacting

Almost 10BTC in 30 trades in the meanwhile, causing a pricedrop of 2,50$. Better panic sale now!

seleme
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August 23, 2014, 04:41:05 PM

This fall was on extremely low volume, there might be another leg up to come. We went down 30$ with barely 10k volume on Stamp. Last 4  hours are probably the lowest volume since I came to Bitcoin world. Less than 500 coins traded in 4 hours on western exchanges.
JorgeStolfi
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August 23, 2014, 04:47:22 PM

The lack of news about Brock Pierce's Realcoin is deafening. What is he cooking?
adamstgBit
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August 23, 2014, 04:53:16 PM

The lack of news about Brock Pierce's Realcoin is deafening. What is he cooking?

busy selling BTC so he has enough USD to back Realcoin?
edwardspitz
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August 23, 2014, 04:57:23 PM

You rarely see them in all the noise, but just now there were multiple substantial buys (total around 500 BTC) to the ask side on Huobi.

you can remove the noise if you use http://bitcoinity.org/

i set mine to only show >1BTC  trades

Thanks I did not know Bitcoinity had that feature even though I always have it open  Shocked ...I see it is in the preferences.

I was actually thinking about building something that makes it easy to monitor high volume events and trade activity on all exchanges simultaneously, but I still have some way to go on that project. The feeds I'm using are not very stable and the "resume" feature I setup doesn't seem to work like it was supposed to Cheesy It was also a hassle to get trades from Huobi and OKCoin. Hopefully I will find the time to work more on it, but currently I'm too busy mining fiat at work.  
thefunkybits
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August 23, 2014, 05:02:21 PM

Looks like we could be in for a sideways weekend here...

Time for a day of rest  Cheesy
adamstgBit
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August 23, 2014, 05:07:56 PM

Looks like we could be in for a sideways weekend here...

Time for a day of rest  Cheesy

that would be nice.
edwardspitz
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August 23, 2014, 05:10:03 PM

BTCChina @3000  Sad

Oh, didn´t the phantom orders fill in time.

Edit: Lol@orderbook. They probably don´t have more than 1000BTC on their site but represent the market with the highest volume, ridiculous.

Didn't they say something about introducing fees in order to stop HFT in their joint statement? I guess they haven't come around to it yet  Smiley
fonzie
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August 23, 2014, 05:30:13 PM

BTCchina @3000  Sad

Oh, didn´t the phantom orders fill in time.

Edit: Lol@orderbook. They probably don´t have more than 1000BTC on their site but represent the market with the highest volume, ridiculous.

Didn't they say something about introducing fees in order to stop HFT in their joint statement? I guess they haven't come around to it yet  Smiley

As far as i know BTCCHina were the only chinese exchange that had fees in the last months, which would explain the drastic difference in volume between them and the other exchanges.
However they don´t have any fees right now (https://vip.btcchina.com/page/fee), which would explain their massive increase in volume about 10 days ago. Maybe JorgeStolfi can take over from here, he´s THE man for this topic.
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