aminorex
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Merit: 1030
Sine secretum non libertas
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March 01, 2014, 02:52:55 AM |
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Single most bearish issue at the moment: Unable to break 555 yet, which was the first and second-deepest retracement low post-gox.
Or maybe the fact that no one can seriously be bullish on a daily basis until it breaks 610.
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porcupine87
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March 01, 2014, 02:57:55 AM |
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Single most bearish issue at the moment: Unable to break 555 yet, which was the first and second-deepest retracement low post-gox.
We are at 555.8 at the moment.
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surfer43
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Activity: 560
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"Trading Platform of The Future!"
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March 01, 2014, 02:58:41 AM |
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Single most bearish issue at the moment: Unable to break 555 yet, which was the first and second-deepest retracement low post-gox.
We are at 555.8 at the moment. The low was 535
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surfer43
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"Trading Platform of The Future!"
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March 01, 2014, 03:02:10 AM |
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I'm buying in when we go below 350. But only if I don't become more bearish by then...
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 01, 2014, 03:02:48 AM |
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porcupine87
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March 01, 2014, 03:04:23 AM |
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Single most bearish issue at the moment: Unable to break 555 yet, which was the first and second-deepest retracement low post-gox.
We are at 555.8 at the moment. The low was 535 It was 560$ a couple of hours ago. So what? He says we can't break the 555$. We are slightly above it. Just wanted to mention it...
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JorgeStolfi
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March 01, 2014, 03:06:16 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 ! 02/20 ! 02/21 ! 02/22 ! 02/23 ! 02/24 ! 02/25 ! 02/26 ! 02/27 ! 02/28 ! Currencies considered
Bitstamp | 34.97 | 29.61 | 18.08 | 20.87 | 51.84 | 115.76 | 49.11 | 17.05 | 22.63 | USD BitFinEx | 25.27 | 28.46 | 14.73 | 15.80 | 27.16 | 94.55 | 37.71 | 12.04 | 15.29 | USD BTC-e | 23.37 | 23.64 | 18.68 | 14.24 | 20.78 | 73.86 | 33.61 | 14.60 | 12.74 | USD,EUR,RUR Kraken | 1.60 | 1.15 | 1.08 | 1.06 | 1.06 | 2.23 | 1.87 | 0.89 | 1.34 | EUR Bitcoin.DE | 0.70 | 0.76 | 0.61 | 0.50 | 0.73 | 2.23 | 1.00 | 0.50 | 0.70 | EUR CaVirtEx | 0.75 | 0.60 | 0.20 | 0.23 | 0.30 | 2.15 | 0.32 | 0.31 | 0.33 | CAD CampBX | 0.73 | 0.24 | 0.26 | 0.22 | 0.37 | 0.42 | 0.36 | 0.05 | 0.07 | USD
SUBTOTAL | 87.39 | 84.46 | 53.64 | 52.92 | 102.24 | 291.20 | 123.98 | 45.44 | 53.10 |
Huobi | 131.14 | 187.12 | 154.12 | 185.15 | 163.47 | 352.76 | 250.64 | 123.38 | 122.00 | CNY OKCoin | 53.49 | 140.75 | 87.71 | 141.90 | 84.03 | 275.68 | 150.41 | 83.60 | 129.17 | CNY BTC-China | 10.97 | 15.23 | 9.29 | 10.42 | 13.12 | 27.72 | 14.72 | 6.71 | 7.17 | CNY Bter | 0.77 | 0.63 | 0.48 | 0.62 | 0.53 | 1.10 | 0.53 | 0.31 | 0.29 | CNY
SUBTOTAL | 196.37 | 343.73 | 251.60 | 338.09 | 261.15 | 657.26 | 416.30 | 214.00 | 258.63 |
TOTAL | 283.76 | 428.19 | 305.24 | 391.01 | 363.39 | 948.46 | 540.28 | 259.44 | 311.73 |
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".)
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HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist
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March 01, 2014, 03:08:28 AM |
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I'm bearish because this Gox crap is going to grind on and on and on.
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empowering
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March 01, 2014, 03:13:23 AM |
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The thread got slow, so let me ask another basic question from a newbie who has never used bitcoin. Suppose I am an expert programmer and the operator of a lare bitcoin exchange. Suppose I keep several hundred thousand bitcoins in cold storage, split into (say) 10 lots with keys stored in pen drives, kept in safety deposit boxes of different banks. (Sort of like this guy here http://www.thedailybeast.com/articles/2014/02/27/inside-japan-s-bitcoin-heist.html.) Is there a way I could discover, by inspecting the blockchain or any other method, that I have already fetched and emptied six of those pen drives, and have only four more to go? Inspect her gadget
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aminorex
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Sine secretum non libertas
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March 01, 2014, 03:18:52 AM |
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Single most bearish issue at the moment: Unable to break 555 yet, which was the first and second-deepest retracement low post-gox.
We are at 555.8 at the moment. The low was 535 It was 560$ a couple of hours ago. So what? He says we can't break the 555$. We are slightly above it. Just wanted to mention it... Allow me to rephrase my bearish technical complaint with more precision: The support line defined by the two deepest lows since the bounce top is now current resistance. Unless broken, the trend remains bearish on any intraday basis. EDIT: Now clearly broken at 557, but not decisively. The ability to decide when it is decisive enough to commit to a view is a tricky thing to master, which illustrates the fundamental conundrum of technical analysis: It is composed entirely of lagging indicators.
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JorgeStolfi
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March 01, 2014, 03:20:45 AM |
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Today (Friday Feb/28, 00:00--23:59 UTC) the total trade volume was 312 kBTC, rather on the low side but still more than yesterday's (259 kBTC).
The increase in volume was spread rather evenly: from 214 to 259 kBTC in China (+21%), from 45 to 53 kBTC (+17%) outside China.
However, OKCoin was responsible for most of the increase in China (84 to 12 kBTC, or +55%) while Huobi actually shrunk a bit (from 123 to 122 kBTC). Is this the first time that OKCoin passes Huobi in volume?
Outside China, Bitstamp still leads with 23 kBTC, while BTC-e (15) and Bitfinex (13) dispute a distant second place.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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March 01, 2014, 03:30:13 AM Last edit: March 01, 2014, 03:41:00 AM by JayJuanGee |
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Whoever predicted a gradual drop appears to be,right so far...
gradual drop until when, though? through the weekend... then spurt to the moon.... . and how far is this drop going to go? To $520 or lower than that? I'm buying in when we go below 350. But only if I don't become more bearish by then...
Sorry, then you are going to be left behind.. b/c we are NOT going below $450... I'm bearish because this Gox crap is going to grind on and on and on.
Gox has been sufficiently resolved... at least the range of issues is narrowed... surely GOX matters will drag on but the GOX situation is kind of contained now that the exchange is closed.. and we have the bancrupcy filing which gives us an explanation of what had occurred. Surely the bancruptcy explanation is insufficient and filled with inconsistencies (and likely outright lies), but those statements of facts and the various effects on investors is NOT going to be sufficiently negative to hold back the pent up demand to go up with BTC prices which upward movement will likely take place beginning about next week, if NOT sooner...
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Nightowlace
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March 01, 2014, 03:35:30 AM |
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I'm bearish because this Gox crap is going to grind on and on and on.
You know I keep hearing reading a lot of statements like this. Please keep in mind that real people lost incredible amounts of money either due to theft or incompetence. Some of these people lost a good portion of their bitcoin investment, others lost their entire life savings, and some lost more than you could dream of making in a lifetime. This is not just some more bad news, some whale shit crap, some media hype. This is a real and very unfortunate event that took an insanely large amount of money from the members of this community. Whether the were "newbies" who "deserved it for not securing their assets" or "traders" or "old money that trusted the oldest exchange to handle their coins". Please have some respect for the fact that this was absolutely detrimental to a large group of investors, investors and community members that support(ed) bitcoin and put their hard earned money into it. Could you imagine the agony you would feel if you lost the kind of money these guys did? Some of you couldn't stomach the agony of losing 5 bitcoins, let alone a few hundred bitcoins. I have spoken to some of these people first hand, I am one of those people who also lost some coins, I will tell you this; speaking with a long time bitcoiner and hearing his voice crack and crumble as he comes to terms with the fact that he lost more money then he earns in 10 years worth of paychecks is heartbreaking. It is not "Gox crap" Sorry for the rant but that's my two sense on the topic.
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aminorex
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Sine secretum non libertas
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March 01, 2014, 03:36:07 AM |
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Somebody keeps sweeping the book up 5 points, and then waiting for the ask to fill in again.
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aminorex
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Sine secretum non libertas
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March 01, 2014, 03:41:39 AM |
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Sorry for the rant but that's my two sense on the topic.
Nice rant. Well-taken, I hope. However, from the tone of this particular thread in the past week or two, all you are likely to get back is nasty, brutish and short. The degree of solidarity and humane compassion the wall observers demonstrate through a capitulation is reminiscent of 10 crabs in an 8 crab bucket.
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johnny211
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March 01, 2014, 03:50:49 AM |
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China seems to have woken up in a good mood today
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aminorex
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Sine secretum non libertas
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March 01, 2014, 03:51:52 AM |
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As expected. At 570 I'm starting to side bullish. At 612 I'm definitely bullish. And at 0.022 I'm bullish on goxcoin.
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portfail
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March 01, 2014, 03:52:36 AM |
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Exactly how i feel: speaking with a long time bitcoiner and hearing his voice crack and crumble as he comes to terms with the fact that he lost more money then he earns in 10 years worth of paychecks is heartbreaking. It is not "Gox crap"
And why they can't understand: Some of you couldn't stomach the agony of losing 5 bitcoins
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ChartBuddy
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March 01, 2014, 04:02:56 AM |
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Davyd05
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March 01, 2014, 04:03:43 AM |
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Bill Maher really made fun of those who got goxxed kinda sad, but it was his style of satire none the less.
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