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

[noobtrader]

Bitfinex went from 4 times the volume of Bitstamp half a year ago via 1.5 times two months ago, to a half of Bitstamp's volume the past month and a quarter the past week. Is BFX dying?

seem like bitfinex customer moving out to bitstamp

[1715122844]

1715122844

[1715122844]

1715122844

[1715122844]

1715122844

[1715122844]

1715122844

[gentlemand]

seem like bitfinex customer moving out to bitstamp

Bitstamp's mystery bot seems to be the factor here. Most Bitfinex fans are leverage monsters. I can't see Bitstamp turning them on all that much.

[ChartBuddy]

Coin
Explanation

[DonQuijote]

Bitfinex went from 4 times the volume of Bitstamp half a year ago via 1.5 times two months ago, to a half of Bitstamp's volume the past month and a quarter the past week. Is BFX dying?

There are a huge fud campain

[ChartBuddy]

Coin
Explanation

[Fakhoury]

Bitfinex went from 4 times the volume of Bitstamp half a year ago via 1.5 times two months ago, to a half of Bitstamp's volume the past month and a quarter the past week. Is BFX dying?

There are a huge fud campain

I've recently felt this, how did you feel it bro ?

[JayJuanGee]

Well, I'm worried about the effect the new Circle stance on bitcoin will be...It's harder to buy BTC with USD now, but why would Circle do that to us???  

Harder?  How's it harder?   The policy changes have created differences regarding methods of buying/selling and changes in limits in some categories but overall have not made buying or selling BTC "harder"

[BlindMayorBitcorn]

[phoenix1]

Bitfinex went from 4 times the volume of Bitstamp half a year ago via 1.5 times two months ago, to a half of Bitstamp's volume the past month and a quarter the past week. Is BFX dying?

There are a huge fud campain

Agree. Feel like as Tarmi said, someone is trying to create the illision of volume in this rise (while perhaps unloading elsewhere). BFX volume has been minimal. It hasn't really dropped, but as a percentage vs Stamp, has collapsed solely due to the action of the 49,98,147 bots, which are doing the majority of the volume on Stamp and account for most, if  not all the increase vs BFX.

Its not just Stamp -  OKC and Huobi seem to have put some more fuel in the volume bots (and thown in a few of those random 50k BTC trades for good measure!

All in all its really tough to know where to look to get any read on current volume trends.
Something fishy going on ... (well it's BTC, so nothing new there )

If the activity on this forum is anything to go by, then I would guess the BFX numbers are most representative and the rest is an illusion.

[ChartBuddy]

Coin
Explanation

[ChartBuddy]

Coin
Explanation

[ChartBuddy]

Coin
Explanation

[hdbuck]

Bitfinex went from 4 times the volume of Bitstamp half a year ago via 1.5 times two months ago, to a half of Bitstamp's volume the past month and a quarter the past week. Is BFX dying?

There are a huge fud campain

Agree. Feel like as Tarmi said, someone is trying to create the illision of volume in this rise (while perhaps unloading elsewhere). BFX volume has been minimal. It hasn't really dropped, but as a percentage vs Stamp, has collapsed solely due to the action of the 49,98,147 bots, which are doing the majority of the volume on Stamp and account for most, if  not all the increase vs BFX.

Its not just Stamp -  OKC and Huobi seem to have put some more fuel in the volume bots (and thown in a few of those random 50k BTC trades for good measure!

All in all its really tough to know where to look to get any read on current volume trends.
Something fishy going on ... (well it's BTC, so nothing new there )

If the activity on this forum is anything to go by, then I would guess the BFX numbers are most representative and the rest is an illusion.

so the magic wall that pops up once in a while on bitfinex is representative?

[ChartBuddy]

Coin
Explanation

[phoenix1]

Bitfinex went from 4 times the volume of Bitstamp half a year ago via 1.5 times two months ago, to a half of Bitstamp's volume the past month and a quarter the past week. Is BFX dying?

There are a huge fud campain

Agree. Feel like as Tarmi said, someone is trying to create the illision of volume in this rise (while perhaps unloading elsewhere). BFX volume has been minimal. It hasn't really dropped, but as a percentage vs Stamp, has collapsed solely due to the action of the 49,98,147 bots, which are doing the majority of the volume on Stamp and account for most, if  not all the increase vs BFX.

Its not just Stamp -  OKC and Huobi seem to have put some more fuel in the volume bots (and thown in a few of those random 50k BTC trades for good measure!

All in all its really tough to know where to look to get any read on current volume trends.
Something fishy going on ... (well it's BTC, so nothing new there )

If the activity on this forum is anything to go by, then I would guess the BFX numbers are most representative and the rest is an illusion.

so the magic wall that pops up once in a while on bitfinex is representative?

Hmmm ... good point! But the this conversation was about 'exchange volumes', not 'walls' - that's a whole other devious story

[Fatman3001]

Bitfinex went from 4 times the volume of Bitstamp half a year ago via 1.5 times two months ago, to a half of Bitstamp's volume the past month and a quarter the past week. Is BFX dying?

There are a huge fud campain

Agree. Feel like as Tarmi said, someone is trying to create the illision of volume in this rise (while perhaps unloading elsewhere). BFX volume has been minimal. It hasn't really dropped, but as a percentage vs Stamp, has collapsed solely due to the action of the 49,98,147 bots, which are doing the majority of the volume on Stamp and account for most, if  not all the increase vs BFX.

Its not just Stamp -  OKC and Huobi seem to have put some more fuel in the volume bots (and thown in a few of those random 50k BTC trades for good measure!

All in all its really tough to know where to look to get any read on current volume trends.
Something fishy going on ... (well it's BTC, so nothing new there )

If the activity on this forum is anything to go by, then I would guess the BFX numbers are most representative and the rest is an illusion.

so the magic wall that pops up once in a while on bitfinex is representative?

Either everything is above board or we're being played from all angles.




In the words of Weyoun 6: "Of course I'm paranoid, everyone's trying to kill me."

[cjmoles]

Well, I'm worried about the effect the new Circle stance on bitcoin will be...It's harder to buy BTC with USD now, but why would Circle do that to us???  

Harder?  How's it harder?   The policy changes have created differences regarding methods of buying/selling and changes in limits in some categories but overall have not made buying or selling BTC "harder"

The limits they put on purchasing bitcoin make it harder to get enough coin to do anything substantial.  Many are relocating their coin just for that reason.  It seems that some of "the powers that be" are pushing BTC into the direction of regulation and centralization via third party manipulation.... Correct?

[findftp]

Bitfinex went from 4 times the volume of Bitstamp half a year ago via 1.5 times two months ago, to a half of Bitstamp's volume the past month and a quarter the past week. Is BFX dying?

Where did you get this chart from?

[ChartBuddy]

Coin
Explanation

[Fatman3001]

One "MOON!!!" please!