zoinky
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September 30, 2013, 03:12:24 PM |
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LMAO at the intense volatility , while i was sleeping. more or less what i was dreaming about... Gooood show! Go back to bed, we need more volume.
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adamstgBit
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Trusted Bitcoiner
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September 30, 2013, 03:13:54 PM |
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when there is enough resistance on bitstamp, price goes down on mtgox.
when mtgox price goes up considerably, someone dumps on bitstamp.
bottom line: mtgox is useless.
ya its really to bad mtgox is having some difficulty. they seem confident they can sort it out. meanwhile their slowly bleeding market shares... in a way this maybe a good thing
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gandhibt
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September 30, 2013, 03:23:05 PM |
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It's very good that gox is losing its leading position.
It seems that the price is dropping at gox, how low will it drop?
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Zangelbert Bingledack
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September 30, 2013, 03:23:16 PM |
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Definitely a good thing for Gox to bleed market share, as long as they get their act together fairly soon. 30% Gox, 30% Bitstamp, 40% others would be a more robust infrastructure.
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derpinheimer
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September 30, 2013, 03:32:38 PM |
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Hmm, if $140 falls, does the selling stop, or some minor panic begin? This price drop seems to have a lot more momentum than the previous falls thru $140.
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DougTanner
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September 30, 2013, 03:33:46 PM |
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Correction incoming.
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samson
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September 30, 2013, 03:36:51 PM |
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Hmm, if $140 falls, does the selling stop, or some minor panic begin? This price drop seems to have a lot more momentum than the previous falls thru $140.
It hasn't fallen through $140, not yet anyway. I suspect it will fall low enough to make the asks fill in the $140-$143 range before a whale buys it right up to whatever price he deems enough.
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wachtwoord
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September 30, 2013, 03:38:01 PM |
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Correction incoming.
There's a panic in the air
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derpinheimer
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September 30, 2013, 03:40:00 PM |
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Correction incoming.
There's a panic in the air ♫ Price is falling, fear is building up ♫
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markjamrobin
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September 30, 2013, 03:40:54 PM |
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Hmm, if $140 falls, does the selling stop, or some minor panic begin? This price drop seems to have a lot more momentum than the previous falls thru $140.
It hasn't fallen through $140, not yet anyway. I suspect it will fall low enough to make the asks fill in the $140-$143 range before a whale buys it right up to whatever price he deems enough. I disagree, with withdrawals coming back, a seller will do his best to sell his BTC for a lot of Gox USD, and withdraw it, or cash it back. Gox is only high while people can't withdraw.
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Tzupy
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September 30, 2013, 03:47:04 PM |
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A drop is highly probable, but I doubt it will be a large one (larger than 8$) today. The timing would be wrong IMO. If however a large drop happens today or tomorrow, I'll have to reconsider my analysis of the last month.
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Ivanhoe
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September 30, 2013, 03:56:45 PM |
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Don't worry ladies, just some guy(s) pushing the price down to buy in lower or let friends buy in low before the Bitcoin mania starts again. Be patient and just hold.
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Richy_T
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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September 30, 2013, 04:16:05 PM |
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Thats what Chart Buddy would be good for. Sadly someone banned him from this thread.. Now we cant verify this claim by looking up month old order book depth! Is there some place chart buddies output can be looked up?
I'd love to see ChartBuddy back. It seems that www.rtcons.com (ChartBuddy) was cut off by NFSN (his ISP). Maybe it was a matter of costing too much to offer a free service. Perhaps if enough people donated a few million satoshis each he'd put it back up. When Blitz banned him he made it clear that it was only because of the snafu and that the door was open for a return. ChartBuddy (Richy_T?) are you reading this? Chartbuddy is back up-and-running (has been for a while) but still banned.
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vps15
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Gain more btc! https://satoshicircle.com/?aid=1718
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September 30, 2013, 05:22:30 PM |
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this is just a quick short drop before we go up to 150, then 165 after
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Walsoraj
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September 30, 2013, 05:27:19 PM |
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this is just a quick short drop before we go up to 150, then 165 after
Or down to single digits
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DougTanner
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September 30, 2013, 05:50:19 PM |
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Still dropping slowly.
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jojo69
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diamond-handed zealot
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September 30, 2013, 05:59:33 PM |
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where da bottom yo?
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DougTanner
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September 30, 2013, 06:01:40 PM |
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Uh, I mean dropping quickly
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giszmo
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WalletScrutiny.com
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September 30, 2013, 06:07:22 PM |
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Look at just how dramatic the losses at gox were! Looking at only gox, it looks like the volume completely does not support the current price level but bitstamp looks well aligned throughout these months. Still there is massive volume missing and I have no clue if localbitcoins and all the others compensate for the missing volume on gox.
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justusranvier
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September 30, 2013, 06:11:17 PM |
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Still there is massive volume missing and I have no clue if localbitcoins and all the others compensate for the missing volume on gox.
I'm most interested in Coinbase's volume. They are the only company that allows US customers to buy and sell directly from their bank account. Originally they mostly served as a front end to the exchanges, but since they do payment processing too they can match orders internally and that volume would never show up on an exchange.
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