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

[magicmexican]

someone just dumped 820 coins on stamp  

maybe he misstyped the price into the amount of coins

[hd060053]

btc-e makes me sad

Its better than Huobi making all of us sad. Stamp will not move w/o clear instructions from China.

gox must save us again with a 3k market buy

[HairyMaclairy]

someone just dumped 820 coins on stamp  

But it didn't make that much of a dent.  BTC E is still $15 cheaper.   Bearstamp is still tied to Huobi and BTC E is off on a frolic of its own.

[Walsoraj]

24hr volume on Gox is about 1600. Is that a new record?

[HairyMaclairy]

24hr volume on Gox is about 1600. Is that a new record?

They are all imaginary coins anyway so doesn't matter. 

[surfer43]

24hr volume on Gox is about 1600. Is that a new record?

The record for the last 60 days is 110K BTC

[ChartBuddy]

Explanation

[Walsoraj]

24hr volume on Gox is about 1600. Is that a new record?

The record for the last 60 days is 110K BTC

I don't think we are on the same page.

[solex]

someone just dumped 820 coins on stamp  

maybe he misstyped the price into the amount of coins

yeah, I have done that before...

He want to sell 5 coins at 820 but sold 820 coins at $5 

At least there were buy orders!

There was a buy order of 580 @ 816 which took the brunt of it.

[Dragonkiller]

one of the slowest days in ages 

[surfer43]

one of the slowest days in ages 

Yeah. Slower than yesterday (possible?)
What would happen if there was a Bitcoin superbowl ad?

[Cablez]

Superbowl is in an hour.  Who's home in front of their computer?

[JorgeStolfi]

24hr volume on Gox is about 1600. Is that a new record?

Is that a full day? Yesterday's was around 6000 BTC I think.

Presumably many naive investors still choose to sell their BTCs at Mt.GOX because of the 130+ USD price difference. But every transaction has two sides, and neither novice nor expert would want to buy at that inflated price.  So who is buying those new coins?

The theory here seems to be that the buyers are old customers trying to get their money out via BTC, since they can't get it through USD.

But, is that plausible?  Methinks that an investor would rather wait for six months to get all his money out, rather than take a 13% loss.  Even if he needs some of the money right now, wouldn't it be be cheaper to get a loan?

[Dragonkiller]

Superbowl is in an hour.  Who's home in front of their computer?

only losers like me 

[LOADING.READY.RUN]

Superbowl is in an hour.  Who's home in front of their computer?

On this side of the pond we don't care about superbowl 

[adamstgBit]

Superbowl is in an hour.  Who's home in front of their computer?

only losers like me 

well you're not alone.

[KFR]

Wow.  Such crash.  Doge hurtin' today.

[adamstgBit]

nice buys
gives me a warm fuzzy feeling
 

[Dragonkiller]

Superbowl is in an hour.  Who's home in front of their computer?

only losers like me 

well you're not alone.

 

[Dragonkiller]

one of the slowest days in ages 

Yeah. Slower than yesterday (possible?)
What would happen if there was a Bitcoin superbowl ad?

yeah definitely slower than yesterday, we had a nice little rally yesterday.