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

[jaberwock]

[1715118298]

1715118298

[1715118298]

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[1715118298]

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[1715118298]

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[mmitech]

Battlefield on Stamp  

Probably big sell from bitpay or any other payment processor... and then quick market buys from those who forgot to buy sub 250$  

Or probably stamp buying their lost coins in batches, as long as we didn't get an Audit and they didn't say where the fuck they got the coins from or if they even have these coins, everything is possible.

[molecular]

bitstamp



hehe

[dreamspark]

Stamps asks are so thin. Just a few thousand coins and there's no resistance at all.

a huge amount of volume has moved away from stamp so thats understandable.. whats the bid/ask ratio?

48,521.63 BTC
Whole bid volume

6,263.05 BTC
Whole ask volume

In other words you could by every coin on stamp for $1.5 mil

[kodtycoon]

Stamps asks are so thin. Just a few thousand coins and there's no resistance at all.

a huge amount of volume has moved away from stamp so thats understandable.. whats the bid/ask ratio?

48,521.63 BTC
Whole bid volume

6,263.05 BTC
Whole ask volume

In other words you could by every coin on stamp for $1.5 mil

ok that looks good..

how does that compare to other exchanges?

[shmadz]

Stamps asks are so thin. Just a few thousand coins and there's no resistance at all.

a huge amount of volume has moved away from stamp so thats understandable.. whats the bid/ask ratio?

48,521.63 BTC
Whole bid volume

6,263.05 BTC
Whole ask volume

In other words you could by every coin on stamp for $1.5 mil

It's kinda like watching the death throes of a mortally wounded animal... a badger perhaps?

 

[dreamspark]

Stamps asks are so thin. Just a few thousand coins and there's no resistance at all.

a huge amount of volume has moved away from stamp so thats understandable.. whats the bid/ask ratio?

48,521.63 BTC
Whole bid volume

6,263.05 BTC
Whole ask volume

In other words you could by every coin on stamp for $1.5 mil

ok that looks good..

how does that compare to other exchanges?

http://www.cryptocoincharts.info/pair/btc/usd/bitstamp/10-days

[jaberwock]

Battlefield on Stamp  

Probably big sell from bitpay or any other payment processor... and then quick market buys from those who forgot to buy sub 250$ 

Or probably stamp buying their lost coins in batches, as long as we didn't get an Audit and they didn't say where the fuck they got the coins from or they even have these coins, everything is possible.

or maybe people cashing out from stamp after the no fee days ended, so orderbook is low and mad stuff like what we see can happens?

[bitcoinvest]

Battlefield on Stamp  

Probably big sell from bitpay or any other payment processor... and then quick market buys from those who forgot to buy sub 250$ 

Or probably stamp buying their lost coins in batches, as long as we didn't get an Audit and they didn't say where the fuck they got the coins from or they even have these coins, everything is possible.

or maybe people cashing out from stamp after the no fee days ended, so orderbook is low and mad stuff like what we see can happens?

possible

[ibrahim11]

I just bought a bitcoin for £200 = 300USD from virwox because I don't have online banking   Is that a good price?

If it is good for you, it is good, by definition.

I just bought a bitcoin for £200 = 300USD from virwox because I don't have online banking   Is that a good price?

If we reach 300+ level, it will be ok price

if we stay under 300, I guess you will regret it

Well, I can't deposit to exchanges like btc-e or bitstamp because you have to be 18 and provide ID. Even though I bought my bitcoin for 300USD - Bitcoin will rise in 2015, right?

Why didn't you use localbitcoins? That would've saved you atleast some of the 50$ fee..

I would have to go to the seller's bank and make a cash deposit. The cash deposit trades were £175 and I bought mine off virwox for £200 (from home using paypal)

[jaberwock]

I just bought a bitcoin for £200 = 300USD from virwox because I don't have online banking   Is that a good price?

If it is good for you, it is good, by definition.

I just bought a bitcoin for £200 = 300USD from virwox because I don't have online banking   Is that a good price?

If we reach 300+ level, it will be ok price

if we stay under 300, I guess you will regret it

Well, I can't deposit to exchanges like btc-e or bitstamp because you have to be 18 and provide ID. Even though I bought my bitcoin for 300USD - Bitcoin will rise in 2015, right?

Why didn't you use localbitcoins? That would've saved you atleast some of the 50$ fee..

I would have to go to the seller's bank and make a cash deposit. The cash deposit trades were £175 and I bought mine off virwox for £200 (from home using paypal)

as far I know btc-e requires authentication only for wire transfer.

You can use other options(okpay, etc..) with no ID

[ibrahim11]

I just bought a bitcoin for £200 = 300USD from virwox because I don't have online banking   Is that a good price?

If it is good for you, it is good, by definition.

I just bought a bitcoin for £200 = 300USD from virwox because I don't have online banking   Is that a good price?

If we reach 300+ level, it will be ok price

if we stay under 300, I guess you will regret it

Well, I can't deposit to exchanges like btc-e or bitstamp because you have to be 18 and provide ID. Even though I bought my bitcoin for 300USD - Bitcoin will rise in 2015, right?

Why didn't you use localbitcoins? That would've saved you atleast some of the 50$ fee..

I would have to go to the seller's bank and make a cash deposit. The cash deposit trades were £175 and I bought mine off virwox for £200 (from home using paypal)

as far I know btc-e requires authentication only for wire transfer.

You can use other options(okpay, etc..) with no ID

OKPAY requires ID to deposit into it

[mmitech]

Battlefield on Stamp  

Probably big sell from bitpay or any other payment processor... and then quick market buys from those who forgot to buy sub 250$ 

Or probably stamp buying their lost coins in batches, as long as we didn't get an Audit and they didn't say where the fuck they got the coins from or they even have these coins, everything is possible.

or maybe people cashing out from stamp after the no fee days ended, so orderbook is low and mad stuff like what we see can happens?

possible

BTW, do you see this ? this means no sane person would leave his Bitcoin on exchanges anymore, even if it is for the sake of open limited sell orders.... I am sure that once the price goes up to peoples expectation they will start sending coins to exchanges and executing market sell orders.

the chart is from Bitstamp.






and this is from Bitfinex.






Conclusion: people are starting to learn how to take care of their coins, and the Ask side doesn't mean that much to me, but the Bid side is important because it represents the Fiat sitting waiting to be filled... so the Bid ask ratio that people usually show here is useless IMO.

[NotLambchop]

Support on stamp to 242$ is again +2000btc... growing back up really fast, since all the bids down to 241.33$ were filled.
What is happening?

Death spasms.

[MrBlacky]

My topics are deleted!
I put information on new crash today. Price was $255+ then.

We will go way down in a couple of hours.
This is inside information might get me in trouble.

https://gnsquacker.files.wordpress.com/2010/08/phantom1.png

Goodbye.

http://i1.kym-cdn.com/photos/images/original/000/887/589/090.jpg

Market manipulation....

[inca]

Goodbye.

cya!

[ChartBuddy]

Explanation

[inca]

So far the best bears can come up with to point to why bitcoin price will go down is that there isnt much in the orderbooks on the bid side, neglecting to point out that there is even less on the ask side of course

[ErisDiscordia]

Battlefield on Stamp  

Probably big sell from bitpay or any other payment processor... and then quick market buys from those who forgot to buy sub 250$  

Or probably stamp buying their lost coins in batches, as long as we didn't get an Audit and they didn't say where the fuck they got the coins from or they even have these coins, everything is possible.

or maybe people cashing out from stamp after the no fee days ended, so orderbook is low and mad stuff like what we see can happens?

possible

BTW, do you see this ? this means no sane person would leave his Bitcoin on exchanges anymore, even if it is for the sake of open limited sell orders.... I am sure that once the price goes up to peoples expectation they will start sending coins to exchanges and executing market sell orders.

the chart is from Bitstamp.






and this is from Bitfinex.






Conclusion: people are starting to learn how to take care of their coins, and the Ask side doesn't mean that much to me, but the Bid side is important because it represents the Fiat sitting waiting to be filled... so the Bid ask ratio that people usually show here is useless IMO.

Very good observation I think you're right on this one. Happy to see it, too. People starting to take the security of their coins seriously is a good thing

[NotLambchop]

Is it still happening?