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

[ChartBuddy]

Coin



Explanation

[Muttley]

Hello experts,
Noob question, Is there a site (biststamp, bitfinex or any other chinese) which rules the BTC price due its huge volume?

Thanks in advance.

[JayJuanGee]

Hello experts,
Noob question, Is there a site (biststamp, bitfinex or any other chinese) which rules the BTC price due its huge volume?

Thanks in advance.

I believe that the consensus is that Bitstamp is largely the price leader - however, it is inevitable that various activities, including extraordinate volume and upward price pressures will cause Bitstamp to gravitate in the direction of dominant price trends (but that following does not remove bitstamp from being the best guage for price and price direction). 

likely, you will arrive at erroneous conclusions if you focus too heavily on exchanges that allow both marginal trading and no fee trading - but in order to have a better understanding of bitcoin price and its movements, you are better off to watch the trends on those platforms, as well - which tends to be the case with many of the participants of this thread (once you remove the disingenuous trolls from the mix)

[Muttley]

Hello experts,
Noob question, Is there a site (biststamp, bitfinex or any other chinese) which rules the BTC price due its huge volume?

Thanks in advance.

I believe that the consensus is that Bitstamp is largely the price leader - however, it is inevitable that various activities, including extraordinate volume and upward price pressures will cause Bitstamp to gravitate in the direction of dominant price trends (but that following does not remove bitstamp from being the best guage for price and price direction). 

likely, you will arrive at erroneous conclusions if you focus too heavily on exchanges that allow both marginal trading and no fee trading - but in order to have a better understanding of bitcoin price and its movements, you are better off to watch the trends on those platforms, as well - which tends to be the case with many of the participants of this thread (once you remove the disingenuous trolls from the mix)

Thanks for the prompt reply Jay,
I understood.

[r0ach]

Perhaps I am a better bitcoiner than buttcoiner after all... 

Stolfi hyping Bitcoin to the moon in Brazil!

BITCOIN FEVER SPREADS ACROSS BRAZIL

http://bravenewcoin.com/news/bitcoin-fever-spreads-across-brazil/

[ImI]

https://www.reddit.com/r/Bitcoin/comments/3uu3we/bitstamp_will_switch_to_bip_101_this_december/cxi370c?context=3

astonishing that we see this little bull run although we have this kiddy nerd fight going on at the same time

[MatTheCat]

https://www.reddit.com/r/Bitcoin/comments/3uu3we/bitstamp_will_switch_to_bip_101_this_december/cxi370c?context=3

astonishing that we see this little bull run although we have this kiddy nerd fight going on at the same time

wtf is BIP 101?

[ssmc2]

Finishing off Ultimate Cup in 5...4...3...


 

[BlindMayorBitcorn]

https://www.reddit.com/r/Bitcoin/comments/3uu3we/bitstamp_will_switch_to_bip_101_this_december/cxi370c?context=3

astonishing that we see this little bull run although we have this kiddy nerd fight going on at the same time

Even the mods are lining up against him. Is he on the wrong side of history here?

[bitebits]

[snip] I wouldn't go selling, i think what we will see there is the odd  "bitcoin is more desirable at higher prices" paradox take full effect.

That is actually a really interesting thought. The more difficult it gets being able to own one whole bitcoin, the more desirable it gets to actually own one. Stupid human brain.

[ChartBuddy]

Coin



Explanation

[Jacksp]

What about volume?
Its wear...
bitstamp, kraken, btcc, bitfinex... Bots have off

[Cconvert2G36]

https://www.reddit.com/r/Bitcoin/comments/3uu3we/bitstamp_will_switch_to_bip_101_this_december/cxi370c?context=3

astonishing that we see this little bull run although we have this kiddy nerd fight going on at the same time

Even the mods are lining up against him. Is he on the wrong side of history here?

[–]theymos
If they do it, then yes, they will be banned.
Very disappointing. I thought that BitStamp was one of the better exchanges.

https://archive.is/4rvPe

dat gate keeper

He really does think that he, personally, is the one man standing between Bitcoin and utter chaos and destruction. It would be kinda cute if it wasn't so damned destructive.

[gentlemand]

https://www.reddit.com/r/Bitcoin/comments/3uu3we/bitstamp_will_switch_to_bip_101_this_december/cxi370c?context=3

astonishing that we see this little bull run although we have this kiddy nerd fight going on at the same time

Un FOOKIN believable.

Looks like our moderating friend and that Romanian freak and his ickle minions will be able to ride off together into the sunset sooner than we expected.

[ChartBuddy]

Coin



Explanation

[peonminer]

Looks like gentlemen will arrive right on schedule

[only]

I have a bad bad feeling about this BIP 101 thing.

[Patel]

I have a bad feeling about this bull trap.

[ErisDiscordia]

I have a bad feeling...actually I don't. Everything is fine.

[Fatman3001]

I have a bad feeling...actually I don't. Everything is fine.

Agreed.