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

[seleme]

You sad porn.com, choo chooo

[Drabla]

This is far too early to say this. But I will.

CHOOOOO

Hmm.. yea.. perhaps too early...

[seleme]

People taking profit, nothing strange. Done once already today but honey badger is unstoppable

[T.Stuart]

Watch out - sheep get slaughtered here!

[JorgeStolfi]

Daily volumes of BTC trade to/from USD and other national currencies (in kBTC):


  EXCHANGE     !  01/15 !  01/16 !  01/17 ! 01/18 !  01/19 ! Currencies considered

  BTC-e        |   9.79 |   7.22 |  12.82 |  7.22 |   8.16 | USD                 
  MtGOX        |   7.54 |   5.91 |  12.23 |  6.20 |   8.49 | USD,EUR,GBP,AUD,JPY 
  Bitstamp     |  12.27 |   8.22 |  17.11 |  5.49 |   8.42 | USD                 
  BitFinEx     |   7.17 |   3.68 |  11.47 |  3.81 |   6.63 | USD                 
  Kraken       |   0.35 |   0.29 |   0.68 |  0.28 |   0.33 | EUR                 
  Bitcoin.DE   |   0.51 |   0.38 |   0.61 |  0.27 |   0.23 | EUR                 
  CampBX       |   0.16 |   0.12 |   0.16 |  0.04 |   0.04 | USD                 
  CaVirtEx     |   0.45 |   0.26 |   0.31 |  0.01 |   0.09 | CAD                 
  Crypto-Trade |    .   |   0.01 |   0.01 |   .   |    .   | USD                 

  SUBTOTAL     |  38.24 |  26.09 |  55.40 | 23.32 |  32.39 |                     

  Huobi        |  91.40 |  67.37 |  74.21 | 43.60 |  67.27 | CNY                 
  OKCoin       |  22.24 |  24.82 |  32.28 | 25.31 |  24.52 | CNY                 
  BTC-China    |   5.58 |   3.54 |   4.55 |  1.77 |   4.05 | CNY                 

  SUBTOTAL     | 119.22 |  95.73 | 111.04 | 70.68 |  95.84 |                     

  TOTAL        | 157.46 | 121.82 | 166.44 | 94.00 | 128.23 |                     



All numbers were collected by hand from the sites http://bitcoinwisdom.com, except the JPY volume for MtGOX that was obtained from http://bitcoincharts.com. Beware of possible errors.

For each exchange, the numbers include only the trade volume to/from the currencies listed in the rightmost column.  They do not include trade between BTC and other cryptocoins such as LiteCoin.

The Coinbase volume is not available at Bitcoinwisdom.

Dates on the header line are UTC. Specifically, "01/15" means "from 01/15 00:00:00 UTC to 01/15 23:59:59 UTC". (Beware that Bitcoinwisdom uses your local time, so the date may appear to be off by 1 day.  For example, if you are 2 hours west of Greenwich, it may show "01/14 22:00" when the UTC time is "01/15 00:00".)

[JorgeStolfi]

Recall that Huobi's volume was lower than usual on the previous day (Sat jan/18 UTC).  Sunday morning (China time) it was even lower, but there was an intense surge in the afternoon, when the price jumped from ~4850 to ~5050 and then stayed there until bedtime.  In the end, Sunday's total volume was typical of last week, only a bit lower than Friday's.

Sunday was mostly like any other day at OKCoin, both in total volume and in the distribution along the day.

Sunday's volume was typical also at the exchanges outside China. (Saturday's was typical too; Friday's was exceptionally high.)

With these changes, China is back to ~70% of the total BTC/"fiat" trade volume (at least for the exchange/currency pairs that I have been monitoring).

[ChartBuddy]

Explanation

[podyx]

https://blockchain.info/pools?timespan=24hrs

unknown at 26%

shit is getting thick, are those solo miners or what is it?

[SkRRJyTC]

https://blockchain.info/pools?timespan=24hrs

unknown at 26%

shit is getting thick, are those solo miners or what is it?

Aliens

[Walsoraj]

https://blockchain.info/pools?timespan=24hrs

unknown at 26%

shit is getting thick, are those solo miners or what is it?

Probably miners who are intent on destroying bitcoin and have pre-preemptively invested in a proof-of-stake coin.

[spooderman]

https://blockchain.info/pools?timespan=24hrs

unknown at 26%

shit is getting thick, are those solo miners or what is it?

At some point unknown is going to be 50-75% imo, because ultimately 2-3 more big time corporate server farms are going to pop up to be able to compete with BTCGuild, then when that happens Ghash, and these other 2-3 companies will be solo mining and BTCGuild will gain all the other smaller pools and end up being the bitcointalk user miner pool.

Imo this happens pretty much by the end of the year.

is there a mining speculation thread? (genuinely interested)

[Vigil]

Whats the deal, are we headed up from here?

[keewee]

https://blockchain.info/pools?timespan=24hrs

unknown at 26%

shit is getting thick, are those solo miners or what is it?

At some point unknown is going to be 50-75% imo, because ultimately 2-3 more big time corporate server farms are going to pop up to be able to compete with BTCGuild, then when that happens Ghash, and these other 2-3 companies will be solo mining and BTCGuild will gain all the other smaller pools and end up being the bitcointalk user miner pool.

Imo this happens pretty much by the end of the year.

is there a mining speculation thread? (genuinely interested)

https://bitcointalk.org/index.php?board=81.0

[oroboras]

Does anyone have that historical logrithmic BTC price graph I saw the other day? The uber bullish one?

[fonzie]

Does anyone have that historical logrithmic BTC price graph I saw the other day? The uber bullish one?

[oroboras]

lol, no - there was one with prices listed, and a maximum and minimum range it has fallen into.

[oroboras]

Ahh, found one of them - but this one I was looking for was annotated with actual prices and stuff. I'll keep trawling the pages for a while

Here is an obscenely bullish desktop wallpaper (for usage as pr0n substitute), concentrating at this multiple times a day for 2 minutes each time will release endorphins and convert every bear into a bull after long enough exposure. I have made it 1024*768 for old laptops, I can make higher resolutions too. 

[JorgeStolfi]

Does anyone have that historical logrithmic BTC price graph I saw the other day? The uber bullish one?

No one asked but here is my uber bearish version again anyway:
http://www.ic.unicamp.br/~stolfi/temp/worldcomm-closing-price-log-extrap.png
 

[ChartBuddy]

Explanation

[hdbuck]

Does anyone have that historical logrithmic BTC price graph I saw the other day? The uber bullish one?

No one asked but here is my uber bearish version again anyway:
http://www.ic.unicamp.br/~stolfi/temp/worldcomm-closing-price-log-extrap.png
 

worldcom's ATH at $60.. think we've past that point with BTC tough.