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

[adamstgBit]

Gox down..

502 Bad Gateway
nginx/1.2.1

Not Accessible?

Same here, gox is down.

didnt you hear?

Mt GOX HAS BEEN SHUT DOWN!

[adamstgBit]

BUY BUY BUY your MTGOX USD is WAYYY overvalued BUY BUY BUY   

[italeffect]

and... we're back

didnt you hear?

Mt GOX HAS BEEN SHUT DOWN!

TV news ... oh how I love you so

[tobyaus]

Anyone got a graph of declining book volumes and trajectory for Mt Gox?? Or even better volumes versus other exchanges?

The average per day for the year is >50k for gox last 50 days its 20k average. Bitstamps has about 6.5k ave. for the year and 10k last 50 days US market. gox'es trentline ponting down bistamp is on a strong uprend. The regulators doing a good job decentralising the exchanges for the decentralised currency.

http://i.minus.com/jj30w1e0uV8Ht.jpg

Oh nice work! Would have expected a bigger decline on Gox. Must be some way people are still cashing out. Staff perhaps. That or stupidity.

[ChartBuddy]

[ChartBuddy]

[crazy_rabbit]

Anyone got a graph of declining book volumes and trajectory for Mt Gox?? Or even better volumes versus other exchanges?

The average per day for the year is >50k for gox last 50 days its 20k average. Bitstamps has about 6.5k ave. for the year and 10k last 50 days US market. gox'es trentline ponting down bistamp is on a strong uprend. The regulators doing a good job decentralising the exchanges for the decentralised currency.

I agree. People wailing doom and gloom about this drop in volume are 1) overlooking how much more expensive 1 BTC is now then it was 'back then' and 2) not celebrating the decentralisation of the exchange process. This should hopefully lead to less ability for panic to spread (Remember the collapse was caused as much as a result of gox'es failures to run the exchange properly as it was any real loss of faith in fundamentals). I hope it also helps temper any future stratospheric rises.

[ChartBuddy]

[Cablez]

Anyone know when the 134 wall went missing?   Market buy coming or trend reversal?

[niner]

I agree. People wailing doom and gloom about this drop in volume are 1) overlooking how much more expensive 1 BTC is now then it was 'back then' and 2) not celebrating the decentralisation of the exchange process. This should hopefully lead to less ability for panic to spread (Remember the collapse was caused as much as a result of gox'es failures to run the exchange properly as it was any real loss of faith in fundamentals). I hope it also helps temper any future stratospheric rises.

It would be nice to see that chart by dollar volume instead of BTC volume.

[NUFCrichard]

http://www.businessinsider.com/bitcoin-surging-2013-9

It seems the rise is starting to get noticed outside of the bitcoin world!

[crazy_rabbit]

http://www.businessinsider.com/bitcoin-surging-2013-9

It seems the rise is starting to get noticed outside of the bitcoin world!

oh noooooooooooosssss!

[01BTC10]

http://www.businessinsider.com/bitcoin-surging-2013-9

It seems the rise is starting to get noticed outside of the bitcoin world!

There we go again.

[solex]

http://www.businessinsider.com/bitcoin-surging-2013-9

It seems the rise is starting to get noticed outside of the bitcoin world!

A mere 59 word article! Ideal for the attention-span challenged generation.

[ElectricMucus]

http://www.businessinsider.com/bitcoin-surging-2013-9

It seems the rise is starting to get noticed outside of the bitcoin world!

A mere 59 word article! Ideal for the attention-span challenged generation.

There isn't much else to say about it.

[ChartBuddy]

[kickinyou]

I am getting worried about gox, i still have cash on gox are it worth to buy bitcoin and transfer it to another exange now ?
I know i am late .

[samson]

I am getting worried about gox, i still have cash on gox are it worth to buy bitcoin and transfer it to another exange now ?
I know i am late .

Why are you so worried about Gox ? If you want out of Gox I wouldn't suggest you do it by buying and selling Bitcoin until the price difference narrows. I've noticed in the past that when the value crashes down on Gox the difference between Gox and other exchanges often narrows considerably.

Do you have a large amount like 100's of thousands of dollars on there ?

Look at all those bids - there will be USD to back them all up. That's a lot of money. There's more than $13 Million dollars sitting on the order book in the bids right now.

I have about $57k sitting on there at the moment . My money like a lot of other peoples money isn't in a bid so it's not included in the above $13 Million figure.

[davidgdg]

I am getting worried about gox, i still have cash on gox are it worth to buy bitcoin and transfer it to another exange now ?
I know i am late .

There is no real sign of the spread between Gox and the other exchanges increasing. It seems fairly stable at the 8% to 12% range. I wouldn't expect anything to change much until/unless they get sued in Japan. So no I wouldn't panic. Just place an order at a level you are happy with.

[ChartBuddy]