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

[ChrisML]

Oh fuck me sideways.

[p0peji]

So, being true to form, Bitcoin will do the exact opposite...

Yes, whatever happens, Bitcoin is always going to be one of man's most counter-intuitive inventions.

^ this, I am actually on the verge of shorting btc, just because everyone else thinks it is going up like crazy.

[ChartBuddy]

Explanation

[Hypnoise]

http://www.reddit.com/r/Bitcoin/comments/1ye90u/mtgox_establishes_withdrawal_queue/

Queue , just like fiat. Might be fake. But LOL if this turns out to be Gox's solution.

According to the reddit comments, this isn't legit.

Yea, but this kind of solution makes perfect sense considering Gox's history.

Gox is now offically offtopic your posts will be removed ~ thanks! ;-) lolzzz

Btc withdrawals queue is there and when you try to witdraw it says, - cant do that at the moment queue if full. try again after few hours.

[windjc]

Thank goodness he and his irrelevant and annoyingly long posts are gone.

I did not say that.  

Well, that's good to hear.

However, Windy, I truly believe kindness, trust and patience are the only way to change someone's behaviour, even their attitudes or beliefs.

But all you seem to do here is spread hate and ill-feeling -- it's very sad that a (supposedly) 40 year old (supposed) millionaire feels compelled to act like that towards strangers whose only 'sin' is to disagree with you.  

Look there are intelligent posters, there are trolls and then there is Jorge, who is obsessive compulsive about when Chinese people sleep and just pontificates on this point for thousands of words a day. He hasn't added Ny value to the forum.  He just uses this forum for his own amusement and is yet another clog in the forum wheel that is slowly driving people away. Just go read Ristos thread. So many feel the way I do. The joy here is gone.

[JorgeStolfi]

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


             !    Tue !    Wed !    Thu !    Fri !    Sat !    Sun !    Mon !    Tue !    Wed !
  EXCHANGE   !  02/11 !  02/12 !  02/13 !  02/14 !  02/15 !  02/16 !  02/17 !  02/18 !  02/19 ! Currencies considered

  Bitstamp   |  40.06 |  15.51 |  28.15 |  63.38 |  20.76 |  26.40 |  19.90 |  14.83 |  20.76 | USD
  BTC-e      |  28.64 |   9.97 |  18.53 |  52.18 |   9.16 |  21.75 |  15.07 |   8.08 |   5.84 | USD,EUR,RUR
  BitFinEx   |  39.54 |  12.85 |  17.17 |  53.68 |  10.83 |  16.75 |  15.69 |   8.47 |   4.71 | USD
  Bitcoin.DE |   0.67 |   0.51 |   0.78 |   1.63 |   0.22 |   0.57 |   0.57 |   0.38 |   0.54 | EUR
  Kraken     |   1.11 |   0.58 |   0.93 |   1.79 |   0.41 |   0.91 |   0.89 |   0.51 |   0.38 | EUR
  CaVirtEx   |   0.53 |   0.29 |   0.41 |   1.16 |   0.15 |   0.15 |   0.15 |   0.21 |   0.11 | CAD
  CampBX     |   0.11 |   0.10 |   0.21 |   0.41 |   0.05 |   0.07 |   0.28 |   0.10 |   0.14 | USD

  SUBTOTAL   | 110.66 |  39.81 |  66.18 | 174.23 |  41.58 |  66.60 |  52.55 |  32.58 |  32.48 |

  Huobi      | 120.08 | 131.86 |  82.39 | 236.27 | 122.80 | 110.57 | 130.41 |  74.04 |  34.12 | CNY
  OKCoin     |  64.22 |  60.79 |  62.49 | 147.26 |  51.45 |  63.63 |  63.05 |  51.46 |  26.29 | CNY
  BTC-China  |  11.17 |  11.01 |   8.02 |  24.87 |   7.55 |   9.08 |   7.86 |   3.86 |   2.04 | CNY
  Bter       |   0.76 |   0.69 |   0.65 |   1.54 |   0.74 |   0.56 |   0.48 |   0.35 |   0.37 | CNY

  SUBTOTAL   | 196.23 | 204.35 | 153.55 | 409.94 | 182.54 | 183.84 | 201.80 | 129.71 |  62.82 |

  MtGOX      |  18.70 |  25.21 |  33.85 |  79.56 |  60.15 | 104.46 |  65.69 |  63.50 |  40.75 | USD,EUR,GBP,AUD,JPY

  TOTAL      | 325.59 | 269.37 | 253.58 | 663.73 | 284.27 | 354.90 | 320.04 | 225.79 | 136.05 |



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.

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".)

NOTE: A few days ago, MtGOX has suspended withdrawals of Bitcoins and national currencies.  Therefore it is essentially isolated from other markets, and its price is completely out of the norm.  The exceptional trade volumes above may be meaningless.

[JorgeStolfi]

Volume today Wed Feb/19 was about one half of yesterday's in all exchanges, except Bitstamp where it increased by about 30%.

Volume in the Chinese exchanges was ~2/3 of the total.

I am not counting MtGOX in that total, since it still seems to be isolated from the rest.

[JimboToronto]

I'm guessing that's JimboToronto behind Adam, yes?  

No, the beard's not nearly long nor gray enough. I look more like this:



 

[meanig]

After waiting up half the night I need to sleep now. Expect the next gox announcement to be in 10mins  

[PoolMinor]

(snip)

I am starting to think that whether gox lives or gox dies is going to be irrelevant a year from now when at the very least people are gonna wish they had bought in at $625.

+1

Just as much as people wish they bought at $25 exactly 1 year ago...

Hmm. 25 * 25 = 625....*25 = 15,625....cannot wait.

[Richy_T]

Thanks to all the "Voltaires" who asked me to continue posting even though they disagree with my views. 

I would like to reply to everybody who posted comments on my posts, positive or negative; but there have been too many of them, and besides it would be irritating for many of you, boring for many others.  Again, that is not why I am reading and posting to this forum.

Let me just emphasize that I distinguish "promoting the bitcoin project" from "convincing people to invest in bitcoin".

I am afraid that this note is too long already. Thanks for your attention. I sincerely wish you all the best.

Hope we didn't scare you off. You have an interest, that's a start. I recommend you pick up a small (tiny) amount as that tends to focus attention. I agree with the questionability as an investment. It could all fail horribly. I happen to believe it won't but I don'd discount it as a distinct possibility.

For my own part, I have been in computers since before it was called IT. I have followed and been involved with technology through 8 bit micros, the internet, the web and P2P technologies and I have a decent working knowledge of cryptography. For the past 13 years, I have been delving into Austrian economics and dissecting other schools of economics. I had heard of Bitcoin a couple of times and just dismissed it as some daft scammy idea presumably being run out of some low-rent website. Then I sat down and read about it (I can't even remember why) and everything slid into place. Between my solid understanding of technology and my (arguably disputable) understanding of economics, it looked like a technology set to take the world by storm. It wasn't a question of investing, it was a case of here was something cheap that was going to cost more to get into further down the road. I bought a modest amount, less than I could afford but I'm glad I did.

Now? I still think there's a lot of growth in the future. But I don't push people to buy. They should determine for themselves what is prudent. (I do give free samples though. *Evil laugh*)

A lot of the exuberance you see here when the price is rising is not about investments gaining in value (though yes, that is a lot of it), a fair chunk of it is because it means Bitcoin is gaining ground.

[ShroomsKit]

After waiting up half the night I need to sleep now. Expect the next gox announcement to be in 10mins  

Isn't it more likely they will post it in the last 10 minutes of thursday? Like they always do?

[theonewhowaskazu]

(snip)

I am starting to think that whether gox lives or gox dies is going to be irrelevant a year from now when at the very least people are gonna wish they had bought in at $625.

+1

Just as much as people wish they bought at $25 exactly 1 year ago...

Hmm. 25 * 25 = 625....*25 = 15,625....cannot wait.

Should have squared it again.

5 * 5 = 25... 25 * 25 = 625... 625 * 625 = 390,625 :O

[ShroomsKit]

Did someone just dump 500 coins?

[ChrisML]

Wait a minute!!!!

We will update everyone again by Thursday at the latest.

It did not say WHICH thursday! So this could be:

February: 20, 27
March: 6,13,29,27
April:3,10,17,24
May:1,8,15,22,29
June:5,12,19,26
July:3,10,17,24,31
August:7,14,21,28
September:4,11,18,25
October:2,9,16,23,30
November:6,13,20,27
December:4,11,18,25

 

[adamstgBit]

Wait a minute!!!!

We will update everyone again by Thursday at the latest.

It did not say WHICH thursday! So this could be:

February: 20, 27
March: 6,13,29,27
April:3,10,17,24
May:1,8,15,22,29
June:5,12,19,26
July:3,10,17,24,31
August:7,14,21,28
September:4,11,18,25
October:2,9,16,23,30
November:6,13,20,27
December:4,11,18,25

 

fuck!

[JimboToronto]

Isn't it more likely they will post it in the last 10 minutes of thursday? Like they always do?

LOL

btw, I see you're still around. When I first saw someone else borrowing your name, I thought you might have pulled a Jaroslaw/Walsoraj switch. Instead it appears to just be an imitator.

What do they say? Imitation is the sincerest form of flattery.

[shmadz]

By the time I catch up with this thread,
it is past time that I go to bed.
No time left to troll,
I'll just say hello,
and leave you with this crap instead.

[Arcas]

I had a fortune cookie at lunch today.
It said "Smart people will take the advice of others, but only the wise will profit from it."
WHAT DOES IT MEAN??

[KeyserSoze]

Gox is down.

Mark carrying the servers to his new office.

Feeding the hamsters so they will continue running the servers.