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

[hmmkay]

Houston Athens Frankfurt, we have a problem.

Will be much fun shorting € in next days  

Put tarmi on the case and we'll all be begging for the drachma as the new pan-european currency.

I bet if Greece will exit the Euro, the Drachma will not be its currency... and before you judge, this is not insider's info, just an opinion.

Ruble?

[gentlemand]

Ruble?

Think about it. Greece has hundreds of islands, thousands of KM of coast plus they must be bored of all this regular economics shit.

[Fatman3001]

Ruble?

Think about it. Greece has hundreds of islands, thousands of KM of coast plus they must be bored of all this regular economics shit.

It couldn't hurt.

[JorgeStolfi]

KNC hasn't sold any freshly mined coins from 30.5. At least not from this wallet  
https://blockchain.info/sl/address/1Afcdy7AaqwPkFFk2K6x5XaEHto1219LTX?offset=0&filter=0

Also more than 6k (originally 9k) btc from this wallet is still there.
https://bitcointalk.org/index.php?topic=1077623.0

They seem to have 5% of the total hashpower now, so they should be mining 3600 x 0.05 = 180 BTC per day.

However, they are now selling their BTC packaged as "XBT Tracker One" electronic notes, at the NASDAQ Sweden market.  Each note is only an IOU for 0.05 BTC, so when they sell the note the do not have to move any bitcoins.

Those wallets may be where they keep the bitcoins that are supposed to back the notes that they have issued or plan to issue.  The total trade volume of  those notes on NASDAQ-SE so far is ~19'000 BTC, but that includes notes that have been bought and sold many times.  Somewhere in the net (at Bloomberg?) one can find the amount of notes that they have actually issued; but I can't find the URL now.

[chopstick]

greece won't drive up the price. those who have still money inside this country aren't smart enough for bitcoin. it's the average joes...

Doesn't matter, all it takes is a little hyperbole and euphoria to drive the price up. No one from Greece has to actually buy bitcoin.

[JorgeStolfi]

Bitcoin Tracker One (BITCOIN-XBT) notes -- daily trading summary:

    Date       !  NTr ! SpN_LO ! SpN_HI !    VNOT !      VBTC !        VSEK !      SpN !  SpU !    UpB ! OBS 
    -----------+------+--------+--------+---------+-----------+-------------+----------+------+--------+-----
    2015-05-18 |  120 |   9.66 |   9.73 |  189783 |   948.915 |  1837195.92 |  9.68051 | 8.24 | 234.96 |     
    2015-05-19 |   77 |   9.61 |   9.72 |  109376 |   546.880 |  1057572.27 |  9.66914 | 8.35 | 231.60 |     
    2015-05-20 |   31 |   9.68 |   9.79 |   90988 |   454.940 |   886232.68 |  9.74011 | 8.35 | 233.30 |     
    2015-05-21 |   18 |   9.74 |   9.79 |  135233 |   676.165 |  1319500.95 |  9.75724 | 8.32 | 234.55 |     
    2015-05-21 |   23 |   9.72 |   9.89 |  128618 |   643.090 |  1259617.61 |  9.79348 | 8.32 | 235.42 |     

    2015-05-25 |   29 |   9.91 |  10.10 |   90759 |   453.795 |   902925.40 |  9.94860 | 8.41 | 236.59 |     
    2015-05-26 |   30 |   9.96 |  10.03 |  151238 |   756.190 |  1512820.76 | 10.00291 | 8.43 | 237.32 |     
    2015-05-27 |   14 |  10.04 |  10.12 |   86275 |   431.375 |   868373.30 | 10.06518 | 8.51 | 236.55 |     
    2015-05-28 |   25 |  10.01 |  10.09 |   72006 |   360.030 |   723643.90 | 10.04977 | 8.48 | 237.02 |     
    2015-05-29 |   28 |   9.98 |  10.04 |  106617 |   533.085 |  1066415.00 | 10.00230 | 8.52 | 234.80 |     

    2015-06-01 |      |    .   |    .   |  119031 |   595.155 |         .   |   .      | 8.54 |    .   | (@1)
    2015-06-02 |   15 |   9.50 |   9.58 |   44950 |   224.750 |   429993.88 |  9.56605 | 8.58 | 222.98 |     
    2015-06-03 |   12 |   9.47 |   9.52 |   56022 |   280.110 |   532896.02 |  9.51226 | 8.41 | 226.21 |     
    2015-06-04 |   10 |   9.34 |   9.38 |  109117 |   545.585 |  1021222.78 |  9.35897 | 8.27 | 226.34 |     
    2015-06-05 |   13 |   9.23 |   9.51 |   58629 |   293.145 |   553229.43 |  9.43611 | 8.34 | 226.29 |     

    2015-06-08 |   10 |   9.36 |   9.50 |   48075 |   240.375 |   450949.80 |  9.38013 | 8.38 | 223.87 |     
    2015-06-09 |   11 |   9.43 |   9.56 |  141025 |   705.125 |  1335575.25 |  9.47049 | 8.30 | 228.20 |     
    2015-06-10 |    9 |   9.47 |   9.51 |  123100 |   615.500 |  1167717.00 |  9.48592 | 8.29 | 228.85 |     
    2015-06-11 |   11 |   9.45 |   9.49 |  163000 |   815.000 |  1545460.00 |  9.48135 | 8.23 | 230.41 |     
    2015-06-12 |   20 |   9.44 |   9.49 |  291000 |  1455.000 |  2753960.00 |  9.46378 | 8.21 | 230.54 |     

    2015-06-15 |   33 |   9.60 |   9.66 |  153477 |   767.385 |  1478796.63 |  9.63530 | 8.18 | 235.58 |     
    2015-06-16 |   67 |   9.73 |   9.96 |  234542 |  1172.710 |  2305594.30 |  9.83020 | 8.18 | 240.35 |     
    2015-06-17 |  135 |  10.21 |  10.57 |  493677 |  2468.385 |  5119212.14 | 10.36956 | 8.18 | 253.53 |     
    2015-06-18 |  112 |   9.88 |  10.17 |  635137 |  3175.685 |  6328464.94 |  9.96394 | 8.10 | 246.02 |     
    2015-06-19 |      |        |        |         |           |             |          |      |        | (@2)
    -----------+------+--------+--------+---------+-----------+-------------+----------+------+--------+-----
    TOTAL      |      |        |        | 3831675 | 19158.375 |             |          |      |        |     
    -----------+------+--------+--------+---------+-----------+-------------+----------+------+--------+-----

Data from the BITCOIN-XBT page at NetFonds.se.

NTr = Number of trades listed in day.

SpN_LO = Lowest price (SEK/note) in specified day.

SpN_HI = Highest price (SEK/note) in the specified day.

VNOT = Number of notes (shares) traded in day.

VBTC = Trade volume in BTC, ignoring fees = VNOT/200.

VSEK = Trade volume in SEK (sum over all trades of num of notes times price per note).

SpN = Average note price in SEK for that day = VSEK/VNOT.

SpU = Assumed SEK/USD currency exchange rate (typically from www.xe.com, some time during day).

UpB = Average implied USD/BTC price ignoring fees = SpN*200/SpU

OBSERVATIONS:

(@1) Failed to grab the trades on this day. VNOT from a bitcointalk post.

(@2) Holiday in Sweden, trading closed.

[JorgeStolfi]

Greyscale BIT shares (GBTC) daily trading summary:

    Date       ! NTr ! UpS_LO !  UpS_HI !   VSHR !   VBTC !       VUSD !       UpS !      UpB ! OBS      
    -----------+-----+--------+---------+--------+--------+------------+-----------+----------+----------
    2015-05-04 |     |   .    | 200.000 |    765 |   76.5 |        .   |    .      |    .     | (+0)(+1) 
    2015-05-05 |  18 | 50.000 | 175.000 |    435 |   43.5 |   32198.00 |  74.01839 | 740.1839 | (+0)     
    2015-05-06 |   4 | 65.000 |  68.000 |    125 |   12.5 |    8268.50 |  66.14800 | 661.4800 | (+0)     
    2015-05-07 |  45 | 40.000 |  86.000 |   2844 |  284.4 |  163651.00 |  57.54255 | 575.4255 |          
    2015-05-08 |  68 | 49.000 |  59.000 |  14807 | 1480.7 |  750019.70 |  50.65305 | 506.5305 |          

    2015-05-11 |  53 | 49.500 |  57.950 |   2756 |  275.6 |  143247.34 |  51.97654 | 519.7654 |          
    2015-05-12 |  31 | 49.000 |  52.250 |   2286 |  228.6 |  113299.25 |  49.56223 | 495.6223 |          
    2015-05-13 |  10 | 49.000 |  50.000 |    327 |   32.7 |   16113.10 |  49.27554 | 492.7554 |          
    2015-05-14 |  54 | 44.000 |  49.950 |  20894 | 2089.4 | 1004923.74 |  48.09628 | 480.9628 |  
    2015-05-15 |  29 | 38.000 |  45.000 |   2320 |  232.0 |   97444.35 |  42.00188 | 420.0188 |          

    2015-05-18 |  58 | 27.150 |  38.000 |   4950 |  495.0 |  158115.83 |  31.94259 | 319.4259 |          
    2015-05-19 |  39 | 27.890 |  29.900 |   4308 |  430.8 |  122327.92 |  28.39552 | 283.9552 |          
    2015-05-20 |  28 | 29.250 |  32.250 |   4859 |  485.9 |  148652.00 |  30.59313 | 305.9313 |          
    2015-05-21 |  19 | 30.500 |  32.000 |   2882 |  288.2 |   90663.50 |  31.45854 | 314.5854 |          
    2015-05-22 |  28 | 31.900 |  33.100 |   4971 |  497.1 |  160009.60 |  32.18861 | 321.8861 |          

    2015-05-26 |  18 | 31.000 |  32.000 |   1148 |  114.8 |   36623.50 |  31.90200 | 319.0200 | (+3)     
    2015-05-27 |   4 | 30.550 |  32.000 |    404 |   40.4 |   12444.00 |  30.80198 | 308.0198 |          
    2015-05-28 |  13 | 30.300 |  33.000 |   1140 |  114.0 |   35701.40 |  31.31702 | 313.1702 |          
    2015-05-29 |  10 | 31.950 |  33.000 |    463 |   46.3 |   15174.00 |  32.77322 | 327.7322 |          

    2015-06-01 |   8 | 30.570 |  33.000 |   1046 |  104.6 |   33074.57 |  31.62005 | 316.2005 |    
    2015-06-02 |  12 | 28.520 |  33.000 |   1408 |  140.8 |   42462.40 |  30.15795 | 301.5795 |    
    2015-06-03 |  14 | 28.150 |  30.000 |    414 |   41.4 |   12175.30 |  29.40894 | 294.0894 |          
    2015-06-04 |  13 | 28.150 |  29.250 |   1926 |  192.6 |   56194.40 |  29.17674 | 291.7674 |    
    2015-06-05 |   9 | 29.000 |  29.250 |    875 |   87.5 |   25562.55 |  29.21434 | 292.1434 |          

    2015-06-08 |  15 | 28.300 |  29.500 |   1866 |  186.6 |   54570.00 |  29.24437 | 292.4437 |          
    2015-06-09 |   9 | 28.450 |  29.150 |    737 |   73.7 |   21252.80 |  28.83691 | 288.3691 | 
    2015-06-10 |   7 | 29.000 |  29.500 |    796 |   79.6 |   23302.25 |  29.27418 | 292.7418 | 
    2015-06-11 |  12 | 28.500 |  29.250 |   1329 |  132.9 |   38732.15 |  29.14383 | 291.4383 | 
    2015-06-12 |  11 | 28.910 |  29.100 |   1838 |  183.8 |   53257.80 |  28.97595 | 289.7595 | 

    2015-06-15 |  12 | 28.950 |  29.100 |   1156 |  115.6 |   33577.60 |  29.04637 | 290.4637 | 
    2015-06-16 |  33 | 28.500 |  29.100 |   4750 |  475.0 |  137751.33 |  29.00028 | 290.0028 | 
    2015-06-17 |  45 | 28.600 |  30.000 |  21115 | 2111.5 |  615529.90 |  29.15131 | 291.5131 | 
    2015-06-18 |  14 | 28.800 |  29.250 |   1713 |  171.3 |   49733.90 |  29.03322 | 290.3322 |
    2015-06-19 |  10 | 28.600 |  29.100 |   1772 |  177.2 |   50942.20 |  28.74842 | 287.4842 | 

Data from the Freerealtime site, except those flagged (+0) and (+1) (see below).

UpS_LO = Lowest price (USD/share) in the specified day.

UpS_HI = Highest price (USD/share) in that day.

NTr = Number of listed trades in day.

VSHR = Number of shares traded in that day.

VBTC = Number of BTC equivalent to those shares (ignoring fees) = VSHR*10.

VUSD = Trade volume in USD (sum over all trades of num of shares times price per share).

UpS = Average price in day (USD/share) = VUSD/VSHR.

UpB = Implied bitcoin price (USD/BTC) = VUSD*10/VSHR.

OBSERVATIONS:

(+0) The rice range for this entry was obtained from this post.

(+1) For 2015-05-04, the values of NTr, UpS_LO, VSHR, VUSD, and UpS could not
be determined; the value of VSHR was taken from the OTCQX page.

(+3) Holiday in the US.

[ChartBuddy]

Coin
Explanation

[LFC_Bitcoin]

My girlfriend has her own business & a lot of her supplies are made in China, it's the Dragon Boat Festival this weekend so literally all of China grinds to a halt this weekend. The factories that supply my partner emailed her to let her know there may be a delay with her deliveries. Any way I just thought I'd mention this here, might be a reason why the BTC price has dipped a bit if it's like holiday season in China, banks are closed etc.
You can read about the festival here -  http://www.chinahighlights.com/festivals/dragon-boat-festival.htm

[fishy91]

My girlfriend has her own business & a lot of her supplies are made in China, it's the Dragon Boat Festival this weekend so literally all of China grinds to a halt this weekend. The factories that supply my partner emailed her to let her know there may be a delay with her deliveries. Any way I just thought I'd mention this here, might be a reason why the BTC price has dipped a bit if it's like holiday season in China, banks are closed etc.
You can read about the festival here -  http://www.chinahighlights.com/festivals/dragon-boat-festival.htm

That's useful, I only knew about the whole of China grinding to a halt for new year celebrations. The Dragon Boat Festival sounds like it has a similar effect if all the banks are closed because of it. That could make a big difference to Bitcoin's price on Monday morning.

[keewee]

Bitcoin Tracker One (BITCOIN-XBT) notes -- daily trading summary:

Hey Jorge, do you have a thread for this and the BIT shares? They're good summaries and might be worth their own thread. Also, there appears to be a significant uptick in the volume of this one over the last week

[Fatman3001]

https://www.cryptocoinsnews.com/bitcoin-block-size-conflict-ends-latest-update/

Prob repost, but I'm lazy.

[gentlemand]

https://www.cryptocoinsnews.com/bitcoin-block-size-conflict-ends-latest-update/

Prob repost, but I'm lazy.

I can't see much evidence of smoke clearing from having a sniff around.

[Fatman3001]

https://www.cryptocoinsnews.com/bitcoin-block-size-conflict-ends-latest-update/

Prob repost, but I'm lazy.

I can't see much evidence of smoke clearing from having a sniff around.

Sry. I know cryptocoinsnews is crap. But sometimes you want it to be true.

[ChartBuddy]

Coin
Explanation

[ChartBuddy]

Coin
Explanation

[JorgeStolfi]

Bitcoin Tracker One (BITCOIN-XBT) notes -- daily trading summary:

Hey Jorge, do you have a thread for this and the BIT shares? They're good summaries and might be worth their own thread. Also, there appears to be a significant uptick in the volume of this one over the last week

There are already threads that discuss and keep track of those instruments, but they may not be be updated regularly:

KncMiner XBT: 3175 BTC traded at 248$ !

$GBTC Speculation, Information, and Cogitation

For XBT Tracker One, my USD prices are different from those reported in that thread because I use the approximate SEC/USD exchange rate of the day, whereas that thread may be using the nominal value posted by KnC.  There are also service fees that may not be properly accounted for.

[Fakhoury]

This is the hype circle



Where does bitcoin fail now ?

[keewee]

Bitcoin Tracker One (BITCOIN-XBT) notes -- daily trading summary:

Hey Jorge, do you have a thread for this and the BIT shares? They're good summaries and might be worth their own thread. Also, there appears to be a significant uptick in the volume of this one over the last week

There are already threads that discuss and keep track of those instruments, but they may not be be updated regularly:

KncMiner XBT: 3175 BTC traded at 248$ !

$GBTC Speculation, Information, and Cogitation

For XBT Tracker One, my USD prices are different from those reported in that thread because I use the approximate SEC/USD exchange rate of the day, whereas that thread may be using the nominal value posted by KnC.  There are also service fees that may not be properly accounted for.

Thanks!

[entomology]

My girlfriend has her own business & a lot of her supplies are made in China, it's the Dragon Boat Festival this weekend so literally all of China grinds to a halt this weekend. The factories that supply my partner emailed her to let her know there may be a delay with her deliveries. Any way I just thought I'd mention this here, might be a reason why the BTC price has dipped a bit if it's like holiday season in China, banks are closed etc.
You can read about the festival here -  http://www.chinahighlights.com/festivals/dragon-boat-festival.htm

 Dragon Boat Festival is a normal holiday in china. Only one day for this holiday, so Monday is holiday in China. But bank will still open in this kind of holiday. Actually, all the charge portal for virtual currency trade website were banned in China. We need to find other private way to invest money in this market like okcoin,huobi,btcchina.