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

[billyjoeallen]

That was the bottom of the bear market. I've seen it several times before and that's what it looked like.  You can quote me on that.

note: this was before the DDOS attack ,and except for Gox, I NAILED IT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

note: I sold the bounce and bought the DDOS dip too!!!!!

lol no

Suck it. I now have another months worth of profits to wait out the next ATH.  Bring on the FUD. It's just noise now.

[kkaspar]

That was the bottom of the bear market. I've seen it several times before and that's what it looked like.  You can quote me on that.

note: this was before the DDOS attack ,and except for Gox, I NAILED IT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

note: I sold the bounce and bought the DDOS dip too!!!!!

This is like yelling at the roulette table that you called red and won..

[JorgeStolfi]

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


             !   Wed !    Thu !    Fri !    Sat !    Sun !    Mon !    Tue !    Wed !    Thu !
  EXCHANGE   ! 02/05 !  02/06 !  02/07 !  02/08 !  02/09 !  02/10 !  02/11 !  02/12 !  02/13 ! Currencies considered

  MtGOX      |  8.20 |  21.54 |  58.89 |  26.82 |  23.48 |  50.07 |  18.70 |  25.21 |  33.85 | USD,EUR,GBP,AUD,JPY
  Bitstamp   |  8.48 |  20.65 |  42.79 |  13.50 |  15.06 |  71.86 |  40.06 |  15.51 |  28.15 | USD
  BTC-e      |  6.55 |   9.72 |  31.84 |  11.67 |  12.51 |  47.04 |  28.64 |   9.97 |  18.53 | USD,EUR,RUR
  BitFinEx   |  5.22 |  21.11 |  66.36 |  11.12 |  12.07 |  41.98 |  39.54 |  12.85 |  17.17 | USD
  Kraken     |  0.23 |   0.59 |   1.45 |   0.37 |   0.45 |   1.45 |   1.11 |   0.58 |   0.93 | EUR
  Bitcoin.DE |  0.31 |   0.61 |   1.30 |   0.37 |   0.47 |   1.54 |   0.67 |   0.51 |   0.78 | EUR
  CaVirtEx   |  0.18 |   0.39 |   1.07 |   0.57 |   0.23 |   0.77 |   0.53 |   0.29 |   0.41 | CAD
  CampBX     |  0.16 |   0.21 |   0.82 |   0.27 |   0.24 |   0.37 |   0.11 |   0.10 |   0.21 | USD

  SUBTOTAL   | 29.33 |  74.82 | 204.52 |  64.69 |  64.51 | 215.08 | 129.36 |  65.02 | 100.03 |

  Huobi      | 19.55 |  39.97 | 131.91 |  77.00 |  64.08 | 134.09 | 120.08 | 131.86 |  82.39 | CNY
  OKCoin     | 12.33 |  26.07 |  74.37 |  37.63 |  34.63 |  70.49 |  64.22 |  60.79 |  62.49 | CNY
  BTC-China  |  1.54 |   4.09 |  17.66 |   6.86 |   5.75 |  18.23 |  11.17 |  11.01 |   8.02 | CNY

  SUBTOTAL   | 33.42 |  70.13 | 223.94 | 121.49 | 104.46 | 222.81 | 195.47 | 203.66 | 152.90 |

  TOTAL      | 62.75 | 144.95 | 428.46 | 186.18 | 168.97 | 437.89 | 324.83 | 268.68 | 252.93 |



All numbers were collected by hand from the site http://bitcoinwisdom.com. Beware of possible errors.

For each exchange, the numbers include only the trade volume to/from the currencies listed in the rightmost column. Trade between BTC and other cryptocoins, such as LiteCoin, is NOT included.

Coinbase is said to use Bitstamp for currency conversion.

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".)

[bangersdad]

The 1hour bitstamp chart would make the perfect dinosaur pic for anyone feeling creative.

[KeyserSoze]

note: this was before the DDOS attack ,and except for Gox, I NAILED IT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
note: I sold the bounce and bought the DDOS dip too!!!!!

This is like yelling at the roulette table that you called red and won..

Maybe he has Tourette's syndrome?

[JorgeStolfi]

OK, would anyone offer an explanation for today's roller coaster?

"We believe that we have fixed the bug that caused much anguish and annoyance over the last few days" does not seem particularly bullish or bearish.

"Scientists have discovered that investing in bitcoin causes an extreme form of bipolar disorder" is my best guess so far.

[bangersdad]

OK, would anyone offer an explanation for today's roller coaster?

"We believe that we have fixed the bug that caused much anguish and annoyance over the last few days" does not seem particularly bullish or bearish.

"Scientists have discovered that investing in bitcoin causes an extreme form of bipolar disorder" is my best guess so far.

complete irrational behaviour by the sheep...but just another day at the office for the honey badger.

[billyjoeallen]

note: this was before the DDOS attack ,and except for Gox, I NAILED IT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Except you didn't call the bottom for any exchange since the bottom was 2 days later. You've mysteriously disqualified what you believe is a "ddos attack" from being the bottom? Are we certain a few hours ago was even the bottom; you don't want to wait a day or so to declare that?

Of course then you are quick to tell us you bought the "ddos bottom" as well even though you seem convinced you're correct about the earlier dip being the "real" bottom. You're a true Scotsman. Kudos for being in the ballpark though, you deluded thing, you.

Stamp (Biggest western exchange) and Coinbase where I buy and sell. That's what counts. We ain't speaking Chinese. Feb 10, Stamp low was 510 and last it was a $537 low. Check the thread posts for context. I fucking didn't back down off my call even with the volume made it look certain I was wrong.

Coinbase takes four days to pay out and there is no fiat account with them, so I literally had to ride my motorcycle to the bank and deposit everything I had down to my last $20 to buy the second dip. I balanced my checkbook for the first time in four years just so I could bet everything I had without bouncing a check. I let bills stack up to the end of their grace periods. I made only minimum payments on credit cards just to have the fiat to buy.

Kiss my ass, bears!!!!!!

[kkaspar]

OK, would anyone offer an explanation for today's roller coaster?

"We believe that we have fixed the bug that caused much anguish and annoyance over the last few days" does not seem particularly bullish or bearish.

"Scientists have discovered that investing in bitcoin causes an extreme form of bipolar disorder" is my best guess so far.

Just look at the 2h chart from 800$ and then there is no explanation needed. Only thing that differed was that he price reached a little higher then with previous pumps.
This slow downfall needs constant pumps to give people hope, so they keep holding and keeping their buy orders up. Only this way can the big players move out with solid profit. Big flash crashes aren't profitable if you really want to move out.

[fonzie]

But Billiejean,

you called 780$ BTC dirt cheap coins and said that you are buyin in massive?

[pera]

bear market is end, the crash was a total failure, i repeat, the crash was a total failure.

[billyjoeallen]

That was the bottom of the bear market. I've seen it several times before and that's what it looked like.  You can quote me on that.

note: this was before the DDOS attack ,and except for Gox, I NAILED IT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

note: I sold the bounce and bought the DDOS dip too!!!!!

This is like yelling at the roulette table that you called red and won..

NOBODY else called it at the time. Everybody was scared shitless and even the people buying didn't call it the bottom. I did.

$530/BTC low on the 10th, $538 low last night.

[JorgeStolfi]

OK, would anyone offer an explanation for today's roller coaster?

This slow downfall needs constant pumps to give people hope, so they keep holding and keeping their buy orders up. Only this way can the big players move out with solid profit. Big flash crashes aren't profitable if you really want to move out.

Makes sense....

[hdbuck]

That was the bottom of the bear market. I've seen it several times before and that's what it looked like.  You can quote me on that.

note: this was before the DDOS attack ,and except for Gox, I NAILED IT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

note: I sold the bounce and bought the DDOS dip too!!!!!

This is like yelling at the roulette table that you called red and won..

NOBODY else called it at the time. Everybody was scared shitless and even the people buying didn't call it the bottom. I did.

$530/BTC low on the 10th, $538 low last night.

hmm wanna bet on this?

[fonzie]

Any thoughts why Stamp is tradin 40$ above BTC-E and 20$ above Huobi?

[pietje]

That was the bottom of the bear market. I've seen it several times before and that's what it looked like.  You can quote me on that.

note: this was before the DDOS attack ,and except for Gox, I NAILED IT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

note: I sold the bounce and bought the DDOS dip too!!!!!

This is like yelling at the roulette table that you called red and won..

NOBODY else called it at the time. Everybody was scared shitless and even the people buying didn't call it the bottom. I did.

$530/BTC low on the 10th, $538 low last night.

gratz, now what?

[windjc]

Any thoughts why Stamp is tradin 40$ above BTC-E and 20$ above Huobi?

Ha. Because your short!  Haha. How's that working out for ya. In the next couple of days it's going to rally again when btc withdrawals opens and mtgox spikes. We will probably be over 720 or 750 on Stamp by then.

How's life now mr. Fud? Lol

[fonzie]

Any thoughts why Stamp is tradin 40$ above BTC-E and 20$ above Huobi?

Ha. Because your short!  Haha. How's that working out for ya. In the next couple of days it's going to rally again when btc withdrawals opens and mtgox spikes. We will probably be over 720 or 750 on Stamp by then.

How's life now mr. Fud? Lol

Well i did profit from the high price as i put in new shorts @ around 680-690. So i´m okay with it that Stamp is higher than BTC-E. But thanks for askin.

[adamstgBit]

Any thoughts why Stamp is tradin 40$ above BTC-E and 20$ above Huobi?

Ha. Because your short!  Haha. How's that working out for ya. In the next couple of days it's going to rally again when btc withdrawals opens and mtgox spikes. We will probably be over 720 or 750 on Stamp by then.

How's life now mr. Fud? Lol

Well i did profit from the high price as i put in new shorts @ around 680-690. So i´m okay with it that Stamp is higher than BTC-E. But thanks for askin.

your believing your own FUD, thats silly....

[JorgeStolfi]

Rats. Huobi's clients must still bring the price down by 200 CNY in 30 minutes, but they do not even seem to care about my orders.