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

[zyk]

and that the main btc holders want to sell they are blatantly telling you by ...lets get over the firts strike guys

[zyk]

"By keeping the funds off the blockchain, Gox removed the protections of transparency and end-user control and replicated the model of a centralized bank without any of the controls and oversight such institutions require”.

It would be easy for the other exchanges to let us control our own adresses while dealing on their platform

Nobody does....you might know already why

https://medium.com/p/672545b3d8d7

[yrtrnc]

"By keeping the funds off the blockchain, Gox removed the protections of transparency and end-user control and replicated the model of a centralized bank without any of the controls and oversight such institutions require”.

It would be easy for the other exchanges to let us control our own adresses while dealing on their platform

Nobody does....you might know already why

https://medium.com/p/672545b3d8d7

Why dont they do it in an open way? It would help people trust them and increase business surely?

How would one go about making such an open transparent exchange? What would be the flaws?

[zyk]

"By keeping the funds off the blockchain, Gox removed the protections of transparency and end-user control and replicated the model of a centralized bank without any of the controls and oversight such institutions require”.

It would be easy for the other exchanges to let us control our own adresses while dealing on their platform

Nobody does....you might know already why

https://medium.com/p/672545b3d8d7

Why dont they do it in an open way? It would help people trust them and increase business surely?

How would one go about making such an open transparent exchange? What would be the flaws?

any flaw would be only an excuse....but can´t do KYC sufficiently f.ex.

[ErisDiscordia]

these indicators are driving me nuts! 1D macd has a weak cross for 2 candles but stoch rsi is still insanely high even higher than before. the order book on stamp looks really strong but it's still not nearly as large as the gox order book used to be when gox was market leader. also, China still leads, which seems weird and dangerous.

Bitcoin just can't be understood. Don't drive yourself crazy over that 

[zyk]

the biggest flaw is:

They would need to announce bankruptcy first as there are not enough newbies anymore to pay out

old , stinky  ,big fish which control them....the power over  bitcoin is already subverted...as is seen

by GOX  but the always retarded bitcoinmarket is used to ignore the facts and live on speculation...

and manipulation...see the gox withdrawls problems and the price behaviour....all is well..gell

[yrtrnc]

Lets say we had a new exchange, a transparent and open exchange. Is that possible? How?

[ChartBuddy]

Explanation

[JorgeStolfi]

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


             !    Fri !    Sat !    Sun !    Mon !    Tue !    Wed !    Thu !    Fri !    Sat !
  EXCHANGE   !  02/21 !  02/22 !  02/23 !  02/24 !  02/25 !  02/26 !  02/27 !  02/28 !  03/01 ! Currencies considered

  Bitstamp   |  29.61 |  18.08 |  20.87 |  51.84 | 115.76 |  49.11 |  17.05 |  22.63 |  14.30 | USD
  BTC-e      |  23.64 |  18.68 |  14.24 |  20.78 |  73.86 |  33.61 |  14.60 |  12.74 |   9.55 | USD,EUR,RUR
  BitFinEx   |  28.46 |  14.73 |  15.80 |  27.16 |  94.55 |  37.71 |  12.04 |  15.29 |   8.62 | USD
  Kraken     |   1.15 |   1.08 |   1.06 |   1.06 |   2.23 |   1.87 |   0.89 |   1.34 |   0.39 | EUR
  Bitcoin.DE |   0.76 |   0.61 |   0.50 |   0.73 |   2.23 |   1.00 |   0.50 |   0.70 |   0.31 | EUR
  CaVirtEx   |   0.60 |   0.20 |   0.23 |   0.30 |   2.15 |   0.32 |   0.31 |   0.33 |   0.15 | CAD
  CampBX     |   0.24 |   0.26 |   0.22 |   0.37 |   0.42 |   0.36 |   0.05 |   0.07 |   0.08 | USD

  SUBTOTAL   |  84.46 |  53.64 |  52.92 | 102.24 | 291.20 | 123.98 |  45.44 |  53.10 |  33.40 |

  Huobi      | 187.12 | 154.12 | 185.15 | 163.47 | 352.76 | 250.64 | 123.38 | 122.00 | 104.12 | CNY
  OKCoin     | 140.75 |  87.71 | 141.90 |  84.03 | 275.68 | 150.41 |  83.60 | 129.17 |  73.29 | CNY
  BTC-China  |  15.23 |   9.29 |  10.42 |  13.12 |  27.72 |  14.72 |   6.71 |   7.17 |   5.02 | CNY
  Bter       |   0.63 |   0.48 |   0.62 |   0.53 |   1.10 |   0.53 |   0.31 |   0.29 |   0.30 | CNY

  SUBTOTAL   | 343.73 | 251.60 | 338.09 | 261.15 | 657.26 | 416.30 | 214.00 | 258.63 | 182.73 |

  TOTAL      | 428.19 | 305.24 | 391.01 | 363.39 | 948.46 | 540.28 | 259.44 | 311.73 | 216.13 |



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".)

[hdbuck]

next week is going to be awesome

[JorgeStolfi]

Total trade volume today (Sat Mar/01 00:00--23:59 UTC) was ~216 kBTC.  That is 31% less than yesterday's, confirming the shrinking trend since Tuesday's peak (~948 kBTC).

Volume fell 37% outside China (from 53 to 33 kBTC) and 32% in China (from 259 to 183).   China's slice of the volume thus increased slightly, from 83% to 85%.

Volume at OKCoin fell 43%, thus restoring the ratio Huobi:OKCoin to the usual range, around 3:2.

Outside China, Bitstamp still leads (~14 kBTC) with BTC-e (~10) and Bitfinex (~9) competing for a distant second place.

[porcupine87]

When will we break the 6h EMA on bitcoinwisdom?

[JorgeStolfi]

To add to the confusion: from http://www.reddit.com/r/Bitcoin/comments/1z8vaq/crowd_detectives_reveal_mt_gox_bitcoin_heist_as/

@Dogeholio 4 points 7 hours ago
Gox didn't file for bankruptcy.
They filed for bankruptcy "protection"...
A totally different animal.

@bassjoe 3 points 4 hours ago
Why do people say this? There is no difference. You automatically receive bankruptcy protection from creditors when you file for bankruptcy.
Source: Me. I was a bankruptcy lawyer.

So, what did they file for, actually?

[TERA]

9376 volume on stamp ??

This is starting to remind of the 5 other times i thought the trend was breaking and I had to buy. The only difference is MACD is up now (slightly).

[Walsoraj]

There will be no rally until Stamp freezes USD withdrawals. 

[TERA]

There will be no rally until Stamp freezes USD withdrawals. 

Where are you getting this information of a possible withdrawal freeze? Shit. *submits a withdrawal*

[KeyserSoze]

So, what did they file for, actually?

I read an IRC convo where apparently Tux says they filed for the Japanese equivalent of U.S.' Chapter 11. I don't have any idea how much validity that convo holds.
http://en.wikipedia.org/wiki/Chapter_11,_Title_11,_United_States_Code

[billyjoeallen]

There will be no rally until Stamp freezes USD withdrawals. 

Where are you getting this information of a possible withdrawal freeze? Shit. *submits a withdrawal*

Troll joke. Gox withdrawal freeze drove up prices. That guy's a douche. Thot u knew.

[TERA]

There will be no rally until Stamp freezes USD withdrawals. 

Where are you getting this information of a possible withdrawal freeze? Shit. *submits a withdrawal*

Troll joke. Gox withdrawal freeze drove up prices. That guy's a douche. Thot u knew.

I do know he's a douche but if there's some piece of information behind why he's making jokes I want to know.

[aminorex]

The US, Britain and Russia guaranteed Ukranian borders in return for the sacrifice of their nuclear arsenal in 1994.

Time for Britain to nuke Moscow?