JorgeStolfi
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February 22, 2014, 05:54:34 AM |
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Daily volumes of BTC trade to/from USD and other national currencies (in kBTC): ! Thu ! Fri ! Sat ! Sun ! Mon ! Tue ! Wed ! Thu ! Fri ! EXCHANGE ! 02/13 ! 02/14 ! 02/15 ! 02/16 ! 02/17 ! 02/18 ! 02/19 ! 02/20 ! 02/21 ! Currencies considered
Bitstamp | 28.15 | 63.38 | 20.76 | 26.40 | 19.90 | 14.83 | 20.76 | 34.97 | 29.61 | USD BitFinEx | 17.17 | 53.68 | 10.83 | 16.75 | 15.69 | 8.47 | 4.71 | 25.27 | 28.46 | USD BTC-e | 18.53 | 52.18 | 9.16 | 21.75 | 15.07 | 8.08 | 5.84 | 23.37 | 23.64 | USD,EUR,RUR Kraken | 0.93 | 1.79 | 0.41 | 0.91 | 0.89 | 0.51 | 0.38 | 1.60 | 1.15 | EUR Bitcoin.DE | 0.78 | 1.63 | 0.22 | 0.57 | 0.57 | 0.38 | 0.54 | 0.70 | 0.76 | EUR CaVirtEx | 0.41 | 1.16 | 0.15 | 0.15 | 0.15 | 0.21 | 0.11 | 0.75 | 0.60 | CAD CampBX | 0.21 | 0.41 | 0.05 | 0.07 | 0.28 | 0.10 | 0.14 | 0.73 | 0.24 | USD
SUBTOTAL | 66.18 | 174.23 | 41.58 | 66.60 | 52.55 | 32.58 | 32.48 | 87.39 | 84.46 |
Huobi | 82.39 | 236.27 | 122.80 | 110.57 | 130.41 | 74.04 | 34.12 | 131.14 | 187.12 | CNY OKCoin | 62.49 | 147.26 | 51.45 | 63.63 | 63.05 | 51.46 | 26.29 | 53.49 | 140.75 | CNY BTC-China | 8.02 | 24.87 | 7.55 | 9.08 | 7.86 | 3.86 | 2.04 | 10.97 | 15.23 | CNY Bter | 0.65 | 1.54 | 0.74 | 0.56 | 0.48 | 0.35 | 0.37 | 0.77 | 0.63 | CNY
SUBTOTAL | 153.55 | 409.94 | 182.54 | 183.84 | 201.80 | 129.71 | 62.82 | 196.37 | 343.73 |
TOTAL | 219.73 | 584.17 | 224.12 | 250.44 | 254.35 | 162.29 | 95.30 | 283.76 | 428.19 |
MtGOX | 33.85 | 79.56 | 60.15 | 104.46 | 65.69 | 63.50 | 40.75 | 127.48 | 103.06 | USD,EUR,GBP,AUD,JPY
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: 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.
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Richy_T
Legendary
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Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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February 22, 2014, 05:58:37 AM |
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Believe it or not, my mom sent me a link to a story about bitcoin from some obscure "new age" website in the spring of 2010! She "wanted to buy $100 just in case."
It's a crazy idea. Like getting energy from that useless old Uranium. Or switching electricity by putting differing materials in close proximity (1947. Not long ago at all). We get so much nonsense thrown at us that good ideas have to surmount a barrier to get attention. Then it's a case of “Luck Is What Happens When Preparation Meets Opportunity".
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JorgeStolfi
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February 22, 2014, 06:00:58 AM |
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Volume in the Chinese exchanges increased substantially, from 196 kBTC yesterday to 344 kBTC today (Friday feb/21).
On the other hand, volume in exchanges outside China (excluding MtGOX) shrunk a little to 84 kBTC. Thus, today China was ~80% of all trade,
Bitfinex (28.46 kBTC) got closer to Bitstamp (29.61) and away from third-place BTC-e (23.64).
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Peter R
Legendary
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Activity: 1162
Merit: 1007
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February 22, 2014, 06:01:03 AM |
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(I don know whether I should be flattered by having so much attention focused on my person. Perhaps I should start a separate "Jorgeology" thread? ) I'd love to read your "Jorgeology" thread. You could collect all your thoughts on bitcoin together in your first post, and we could discuss them. I think there's a lot of attention focussed on your person because it is rare to have someone debate intelligently and politely against bitcoin on this forum. To date, I believe that you are being genuine and trying to look at bitcoin with an open mind. It is interesting for me to hear the reasons a person has views so different from my own. You are clearly intelligent and probably a thought-leader in your sphere of influence. It is interesting for me to watch the evolution of your thinking. And of course I hope that I can influence it in some small way too.
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PoolMinor
Legendary
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Activity: 1843
Merit: 1338
XXXVII Fnord is toast without bread
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February 22, 2014, 06:09:50 AM |
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Peter R
Legendary
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Activity: 1162
Merit: 1007
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February 22, 2014, 06:28:48 AM |
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As I said before, I do not like gambling, even when the odds seem favorable.
When the odds seem favorable it's no longer gambling at least that's my definition. I know people who still insist 99% chance of winning is still gambling. Where is your cut-off between an investment and a gamble, Jorge? Is investing in a tech company a gamble? What about a high-quality corporate bond? You could lose all of your capital in either case, right? The reality is that all investment is a gamble, and there is a continuum of expected returns and expected variance. The question is simply how much variance are you willing to risk? Answer that and then build a portfolio that you expect to give the best return subject to your variance constraint. Bitcoin is volatile--for sure. But by using leverage and put/call options, I could build you a stock fund of equal variance. However, there is no question in my mind which portfolio would have the larger expected return. Obviously you disagree. Similarly, I could build another fund with 10% in bitcoin and 90% in US treasuries. The variance of this fund would be better than most blue chip stocks (it would be very unlikely for this fund to ever lose 10% of its value), yet the upside could easily be 25% per year on average.
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keewee
Legendary
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Activity: 1025
Merit: 1000
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February 22, 2014, 06:38:54 AM |
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Uh oh...alert from Goxland...looks like we are retesting the $100 threshold...big psychological barrier if that falls (again) I suspect.
Getting awfully close to 100 now. Gonna be an interesting weekend
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Mythul
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February 22, 2014, 06:40:57 AM |
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Case study: Ukraine currency just fell 10% vs the dollar in 3 months and it is expected to fall even further. So almost overnight because of your government you lose 10% of your life savings. That is robbery and another reason why we need Bitcoin and it will succed.
Any comments on this news Jorge ?
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aminorex
Legendary
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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February 22, 2014, 06:42:37 AM |
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True story: This week there was a trader's expo/conference in NYC. About 1000 people in the room listening to a speaker. He asked for a show of hands, how many people there had ever bought a bitcoin. One hand.
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BTC5OOO
Member
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Activity: 98
Merit: 10
Trust:+4:20--Warning* ASICs with extreme hashrate!
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February 22, 2014, 06:45:35 AM |
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dude is there like ANYONE in the world who will sell me BTC for $100???>>> I WILL BUY!!!LOL =) WEEEEEEEEE
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Mythul
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February 22, 2014, 06:47:15 AM |
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dude is there like ANYONE in the world who will sell me BTC for $100???>>> I WILL BUY!!!LOL =) WEEEEEEEEE
Welcome to the line. You can buy goxBTC not realBTC.
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Mythul
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February 22, 2014, 06:48:14 AM |
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$100 gone. PANIC.
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ShroomsKit
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February 22, 2014, 06:49:34 AM |
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Let's panic sell on Stamp because a non functioning exchange goes down.
What exactly will it take for the people on Stamp to stop following Gox?
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Mythul
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February 22, 2014, 06:49:38 AM |
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Double bottom forming. Prepare the pictures guys...
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virtualfaqs
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February 22, 2014, 06:50:34 AM |
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Other exchanges be strong!!!! I beg you!!!!
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JCviggen
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February 22, 2014, 06:51:18 AM |
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So explain to me why people are selling at 100 when they could sell for 200-250$ on bitcoinbuilder?
They just don't know...?
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virtualfaqs
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February 22, 2014, 06:52:14 AM |
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So explain to me why people are selling at 100 when they could sell for 200-250$ on bitcoinbuilder?
They just don't know...?
Some don't know and others may not trust bitcoinbuilder.
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JCviggen
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February 22, 2014, 06:53:15 AM |
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So explain to me why people are selling at 100 when they could sell for 200-250$ on bitcoinbuilder?
They just don't know...?
Some don't know and others may not trust bitcoinbuilder. Surely such a huge premium is worth testing the waters with even with just 1 coin at first.
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OldGeek
Sr. Member
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Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
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February 22, 2014, 06:58:14 AM |
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I see that MtSux is mud crawling again. Looks like Huobi and gox started down at about the same time. Curious. I've wondered (prepare tinfoil hats) if arb from gox to a Chinese exchange would be easier than gox to a western exchange.
The western exchanges aren't completely convinced. Interesting times indeed.
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ShroomsKit
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February 22, 2014, 06:59:13 AM |
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Case study: Ukraine currency just fell 10% vs the dollar in 3 months and it is expected to fall even further. So almost overnight because of your government you lose 10% of your life savings. That is robbery and another reason why we need Bitcoin and it will succed.
Any comments on this news Jorge ?
Funny how all the banks are so busy writing statements about the dangers of using Bitcoin.
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