Dhuum
Newbie
 Offline
Activity: 47
Merit: 0
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October 07, 2013, 11:58:41 PM |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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October 08, 2013, 12:00:00 AM |
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ya and the best part the USD will still retain about 5% of it value. for a day or two. |
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Adrian-x
Legendary
Offline
Activity: 1372
Merit: 1000
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October 08, 2013, 12:13:59 AM |
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Ok so whats the plan? Do we all panic, and in what direction? plz advise
The market always follows your move, but knowing that makes it a bit more tricky. |
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ArticMine
Legendary
Offline
Activity: 2282
Merit: 1050
Monero Core Team
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October 08, 2013, 01:00:46 AM |
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Finally! We're all Billionaires in AUS$!  WTF? and people thought i wasn't serious when i called for infinite $ for 1 BTC by the 17th Oct 2013, early today when will you guys accept the fact that i am never wrong?  ref: 180 by friday. infinity by the 17th  Adam may have a point as we can see a sharp spike in the BTC/USD rate over the US Debt crisis. Echo of 2011? http://en.wikipedia.org/wiki/United_States_debt-ceiling_crisis_of_2011 |
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MoneyMorpheus
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October 08, 2013, 01:41:35 AM |
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I just went to btcmarkets and it's 128, I missed becoming a millionaire again  |
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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October 08, 2013, 06:07:38 AM |
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Dat action. Below 6k vol again. If it hits 4k we are well over-due for some real volume.
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solex
Legendary
Offline
Activity: 1078
Merit: 1002
100 satoshis -> ISO code
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October 08, 2013, 06:29:25 AM |
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Dat action. Below 6k vol again. If it hits 4k we are well over-due for some real volume.
Bitstamp volume today at 11.3k approaching double that of gox, and BTCE at 4.5k closing in too. This is a worrying sign for gox HQ. They really are circling the drain... |
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TERA
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October 08, 2013, 06:41:41 AM |
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Last 24 hours:
Bitstamp: 10670
Btce: 8107
Mtgox: 5498
There is some bot malfunctioning on btce today but still that's quite a laugh that even btce's volume is higher, and gox has bots too.
Over the weekend I saw one point where gox had 2400 volume...
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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October 08, 2013, 06:46:58 AM |
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Last 24 hours:
Bitstamp: 10670
Btce: 8107
Mtgox: 5498
There is some bot malfunctioning on btce today but still that's quite a laugh that even btce's volume is higher, and gox has bots too.
Over the weekend I saw one point where gox had 2400 volume...
Dayum. Lowest I saw was ~3900. What is this bot malfunction you speak of? Dat action. Below 6k vol again. If it hits 4k we are well over-due for some real volume.
Bitstamp volume today at 11.3k approaching double that of gox, and BTCE at 4.5k closing in too. This is a worrying sign for gox HQ. They really are circling the drain... Interesting. I feel like Gox volume is reduced from the flashcrash, because those who wanted in are in, and those who sold wont buy at these prices. Its all down to the big guys to decide whats going down, again. As for bitstamp - thats pretty nice. 11k isnt bad. |
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TERA
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October 08, 2013, 06:51:18 AM |
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If you watched btce on bitcoinity this evening, you could see it flickering with thousands of tiny trades at 121.99 and 121.98 with no resulting movement in price.
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Tzupy
Legendary
Offline
Activity: 2128
Merit: 1074
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October 08, 2013, 10:35:01 AM |
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Stop bitching about low volume on Gox, during the next couple of days there will be plenty of volume.  |
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ChartBuddy
Legendary
 Online
Activity: 2184
Merit: 1778
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 08, 2013, 11:02:46 AM |
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Luno
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October 08, 2013, 11:06:47 AM |
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Stop bitching about low volume on Gox, during the next couple of days there will be plenty of volume. Looks like it. Let's see which way it goes?  On balance volume is a good indicator. Could be a re-enactment of June-July. |
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Tzupy
Legendary
Offline
Activity: 2128
Merit: 1074
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October 08, 2013, 11:33:50 AM |
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It IS a re-enactment of June, but with lower seller pressure.
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ChartBuddy
Legendary
Online
Activity: 2184
Merit: 1778
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 08, 2013, 12:02:50 PM |
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ChartBuddy
Legendary
Online
Activity: 2184
Merit: 1778
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 08, 2013, 01:02:38 PM |
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Luno
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October 08, 2013, 01:24:46 PM |
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There is negative inflow of money on Gox so if it looks like June or April there will also be less of a dead cat bounce the second time around. So we better be cautious no buy in on an intermediate plateau on the way down. (I'm quite a frighted bear at the moment. I watched the flash dip to 110,-,but didn't act on it, as I as others think that volume is too low and it's too easy to be fooled by price action alone!). RL markets are also in purgatory ATM, the DOW, DAX, whatever looks like Bitcoin these days also, so I guess that we are also waiting for the Congress to decide on debt ceiling, Obama care etc. Last year Bitcoin was used a lot as reserve for prof currency traders, (maybe just Max Kaiser), so real currency market movements was mirrored instantly in Bitcoin. Is it still so, or has Bitcoin become more detached? It takes quite a lot of effort and analysis to sense these connections between markets, and I don't put in the effort for the time being, so does anyone have a hunch if real markets still are good indicators? |
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wachtwoord
Legendary
Offline
Activity: 2324
Merit: 1125
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October 08, 2013, 01:30:59 PM |
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Last year Bitcoin was used a lot as reserve for prof currency traders, (maybe just Max Kaiser),
That is awesome!  |
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